Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaThe hunt for Iran’s ballistic missile crewsAmerica chose this war — and must now choose how to end itThe guards rise again: the force still shaping IranMuscat airport limits private jet flights as wealthy leave the GulfSwitzerland votes to end ‘marriage penalty’ in historic tax referendumUSUS HomeUS EconomyUS CompaniesUS Politics & PolicyAmerica chose this war — and must now choose how to end itTrump raises the stakes in Iran by weighing deployment of US ground forcesChina signals it wants a Trump visit despite Iran warLiberals should be less shy about saying what they stand for‘It’s our moment’: rival exiles lobby the US to lead Iran after the warCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportMuscat airport limits private jet flights as wealthy leave the GulfOil surges past $100 a barrel for the first time in four yearsLiberals should be less shy about saying what they stand forIn the centre of the storm: what does the Iran war mean for Dubai?KKR eyes multibillion-dollar sale of data centre cooling companyTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaKKR eyes multibillion-dollar sale of data centre cooling companySamsung seeks AI deals to challenge Apple’s smartphone leadPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnUS draws up strict new AI guidelines amid Anthropic clashMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingOil surges past $100 a barrel for the first time in four yearsIs the nightmare scenario for global energy here?US faced with few good options to tamp down surging oil pricesBritain is now the home of the Middle ManPhillips 66 changes board to avoid new proxy battle with ElliottClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersAmerica chose this war — and must now choose how to end itLiberals should be less shy about saying what they stand forWe’ll always have DubaiThe war of unintended consequencesEurope’s impotence extends to energyLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItWhy it’s time to end the grim march of the touchscreenGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Life & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiThe curse of the ancient lead tabletsTrump’s war on Iran is spreading. Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesThe real-world paths to hellHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InLithiumUK’s first commercial lithium plant opens in boost to domestic metals miningGEL among British groups racing to realise projects as west looks to secure local supplies of critical mineralsEnergy sectorManufacturers pivot from EV batteries to storage as AI boom drives demandRetooling of factories comes as cell makers have cancelled enough capacity to produce 2mn electric carsElectric vehiclesWhy GM is making a ‘risky’ bet on an unproven battery technologyDriving down costs is top priority for head of electric cars at Detroit carmakerInvestmentsStockpickers: Ilika, Microsoft, GE AerospaceOur experts discuss which companies to buy, sell or hold this weekFord Motor CoFord’s move to expand ties with China battery giant CATL angers US lawmakersUS carmaker is setting up a new battery energy storage facility using licensed CATL technology based on existing agreementElectric vehiclesUK should relax EV targets to support auto sector says reportMore investment in car production would help boost domestic battery manufacturingEnergy sectorLex. Tesla loses ground to China, but the battery war isn’t overIts electric vehicles have been overtaken but the US group has its eyes on the giant batteries for grid operatorsEuropean companiesEurope’s battery plants need local content rules to stay competitive, bosses sayRegionally sourced parts for cars seen as vital to reduce dependence on ChinaMoral MoneyUkraine’s wartime battery boomGrid-level storage takes off as energy system struggles to deal with Russian attacksChinese equitiesInvestors bet on Chinese companies powering global AI build-outCompanies such as battery maker CATL earn big margins on export sales despite US tariffsVisual storyThe power crunch threatening America’s AI ambitionsA lack of electricity for new data centres could deflate the AI ‘bubble’European companiesVulcan Energy secures $2.6bn for Europe’s biggest lithium projectFacility is expected to generate material for about 500,000 EV batteries a yearEnergy SourceChinese solar groups take on the battery marketThe expansion comes as many companies in China’s solar sector have suffered heavy lossesMiningCarmakers’ battery deals with miners face delays as commodity prices dropSupply glut leaves mining companies struggling to fund projects as automakers scale back EV targetsXPeng, IncChinese EV maker plans to use solid-state batteries in humanoid robotsXpeng says use in such automatons will drive demand for the lighter and safer technologySupply chainsBatteries are crucial technology for the 21st centuryTheir role powering the growth of key industries means we cannot ignore economic security risksFatih BirolPoliticsTesla dominates UK mega battery marketGroup led by Elon Musk, criticised by energy secretary Ed Miliband, supplies units and trades power from themVisual storyHow mega batteries are unlocking an energy revolutionVast battery units are shoring up grids and extending the use of clean powerClimate tech explainedExplainer. Can rapid-charging EVs eliminate ‘range anxiety’?Two models from China’s BYD promise to add 250 miles of charge in five minutesChinese business & financeChina sends 2,000 workers to build battery power in EuropeMassive labour import to Spain spotlights EU’s dependence on Beijing’s EV techMiningUS government in talks to take stake in Lithium AmericasDiscussions with Thacker Pass developer are latest example of administration seeking direct involvement in domestic miningEuropean companiesCATL willing to help European EV battery start-ups despite China controlsLeading battery maker says region’s market can support multiple producers despite high costs and supply chain issuesElectric vehiclesUK faces mounting stockpile of used EV batteriesIndustry experts warn that tens of thousands of used batteries are piling up because recycling capacity is scarceEnergy sectorUK National Wealth Fund boosts investment in ‘volatile’ battery storage sector£500mn cash injection into Eelpower Energy aims to draw investors and ease grid pressuresElectric vehiclesIs a 3-minute battery swap the future for EVs?China’s CATL to build thousands of swapping stations to speed up adoption of alternative charging technologyJoin us at an FT Live eventFT LiveCommodities Global SummitFT LiveEnergy Transition SummitFT LiveCommodities Asia SummitExplore all eventsHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In
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