Tesla has a secret Lithium-ion battery lab

According to a recent CNBC article,Tesla has a secret lab trying to build its own battery cells to reduce dependence on Panasonic   Tesla is developing the means to manufacture its own battery cells The main cost component of an EV is its battery pack and battery cells, according to research by IHS Markit. Since 2014, Tesla has mostly relied on its partner Panasonic to produce battery cells for its vehicles and clean energy products.   At the company’s annual shareholder meeting in June, Elon Musk encouraged outside investors to…

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An in depth review of the Global X Battery and Lithium ETF

The Global X Battery and Lithium ETF invests in the full lithium cycle, from mining and refining the metal, through battery production and provides a good platform for investing in the global Li-ion battery trend.       The Largest holding of the fund with an 18.9% fund share is in Albemarle Corporation. Albemarle is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts and is listed on the NYSE under the ticker ALB. According to the companies latest earnings announcement of their first quarter…

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How to invest in the Lithium-Ion Battery Revolution

As widespread economic turmoil in the first decade of the 21st century resulted in the broad destabilization of many traditional investment products, alternative investment options began to realize an increase in popularity among investors who may not have otherwise strayed from established investment practices under previous markets.   Speculation in metallic or base Lithium is an example of such a trend.    There is a consistent increase in  demand for lithium metal due to the widespread adoption of lithium batteries in emerging technologies. Lithium batteries have become a preferred power…

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