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8 Best Utility Stocks to Buy for Downside Protection

While no one buys utility stocks expecting to see strong long-term growth, stranger things have happened. As we enter into a new era of electric vehicles, the demand on power grids is going to ramp up. That could well mean more upside than usual for some of these companies. Best Utility Stocks to Buy: AES (AES) Source: Shutterstock Virginia-based AES is a power generation company that operates in the U.S. and 15 other countries. AES has a long history of firsts. This includes being the first Independent Power Producer in the U.S. (1988), creating the first documented carbon offset program in the U.S. (1989) and in 2021, the AES Alamitos Battery Energy Storage System became the world’s first standalone energy storage project for local capacity.

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Ford Set To Announce EV Battery Joint Venture With SK Innovation Thursday: Report

Ford Set To Announce EV Battery Joint Venture With SK Innovation Thursday: Report Benzinga 3 hrs ago © Provided by Benzinga Ford Motor Co (NYSE: F) and South Korean battery maker SK Innovation are close to announcing a battery joint venture in the United States to aid the maker of the F-150 Lightning truck boost its electric vehicle roll-out, Reuters reported Wednesday. What Happened: Speculation on the joint venture found more fire last month after SK Innovation agreed to pay rival LG Energy Solution $1.8 billion to settle all legal disputes relating to EV batteries in the U.S. and South Korea. Popular Searches

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Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) - Ford Set To Announce EV Battery Joint Venture With SK Innovation Thursday: Report

Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) - Ford Set To Announce EV Battery Joint Venture With SK Innovation Thursday: Report
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Exclusive-Tesla in talks with China s EVE for low-cost

Exclusive-Tesla in talks with China s EVE for low-cost battery supply deal - sources Reuters | May 14, 2021 11:29 PM EDT Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China (Photo : REUTERS/Aly Song) Tesla Inc is in talks with Chinese battery maker EVE Energy Co to add the firm to its Shanghai factory supply chain, four people familiar with the matter said, as it seeks to boost procurement of lower cost batteries. EVE makes lithium iron phosphate (LFP) batteries, which are cheaper to produce because they use iron instead of more expensive nickel and cobalt. Advertisement

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Exclusive-Tesla in talks with China s EVE for low-cost battery supply deal - sources

Exclusive-Tesla in talks with China s EVE for low-cost battery supply deal - sources 05/14/2021 6:18 SHANGHAI/HONG KONG (Reuters) - Tesla Inc is in talks with Chinese battery maker EVE Energy Co to add the firm to its Shanghai factory supply chain, four people familiar with the matter said, as it seeks to boost procurement of lower cost batteries. EVE makes lithium iron phosphate (LFP) batteries, which are cheaper to produce because they use iron instead of more expensive nickel and cobalt. But LFP batteries generally offer a shorter range on a single charge than the more popular nickel/cobalt alternative. EVE would become the second supplier of LFP batteries to Tesla after China s Contemporary Amperex Technology Co (CATL).

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