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The world needs more batteries — but not this many

The oversupply of battery factories being constructed globally is set to exceed the demand for lithium-ion cells in the coming years, according to a report by BloombergNEF. The surge in battery production is driven by the increasing demand for electric vehicles and energy storage solutions. By the end of 2025, the global battery industry is projected to have the capacity to produce over five times the number of cells needed that year, creating a challenging situation for new entrants in the battery market.

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Ford Walks Back EV Dealer Restrictions to Boost Sales

Ford Walks Back EV Dealer Restrictions to Boost Sales
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Ford To Allow All US Dealers To Sell Electric Vehicles, Scraps Model E Program

Ford To Allow All US Dealers To Sell Electric Vehicles, Scraps Model E Program
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Ford walks back EV dealer restrictions to boost sales

Ford Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort to boost slower-than-expected sales. The.

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Report: Vehicle Supplies Remain Historically Low

Report: Vehicle Supplies Remain Historically Low
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