Browsing: EV Battery
The U.S. Department of Energy (DOE) has provided $670.6 million in loan support to Aspen Aerogels, a company specializing in…
Indonesia plans to export nickel-based materials essential for electric vehicle batteries to the United States, with the shipment expected to…
Chinese electric vehicle battery giant CATL reported a 26% year-on-year increase in net profit for the third quarter, according to…
General Motors (GM) has injected $10 million into Forge Nano, a materials science startup, through its investment arm GM Ventures,…
Silicon Valley startup Lyten announced plans on Tuesday to construct the world’s first gigafactory for lithium-sulfur batteries in Reno, Nevada.…
LG Energy Solution has secured supply contracts to provide electric vehicle (EV) batteries to Ford Motor, the Korean battery manufacturer…
Goldman Sachs Predicts Significant Drop in EV Battery Prices, Paving the Way for Cost Parity by 2026
Lithium-ion battery prices are expected to fall sharply over the next few years, potentially making electric vehicles (EVs) more affordable…
The U.S. has the potential to lead the world in electric vehicle (EV) battery development, driven by a strong local…
Taiwanese developer Xing Mobility is set to debut its innovative Cell-to-Chassis (CTC) battery prototype at the upcoming Paris Motor Show.…
CATL and BYD Lead EV Battery Market in Jan-Aug 2024: CATL Holds 37.1% Share, BYD Grows to 16.4%
Chinese battery manufacturers CATL and BYD remained the world’s top electric vehicle (EV) battery suppliers from January to August 2024,…
Japan’s Nissan Motor announced on Monday that it would invest in ChargeScape, a battery charging technology company, and offer its…
LG Energy Solution announced on October 8 a landmark contract to supply electric vehicle (EV) batteries to a subsidiary of…
SK on, a subsidiary of SK Innovation, has initiated a rights offering to enhance its standing in the electric vehicle…
Altilium, a UK-based clean technology group focused on advancing the transition to net zero, has announced a new project aimed…
British recycling company EMR has inaugurated a new battery recycling facility in Birmingham, with the capacity to process over 2,000…
South Korean battery maker SK On announced on Thursday that it plans to introduce voluntary redundancy programs as part of…
Ascend Elements and Elemental Strategic Metals Open EV Battery Recycling Plant in Poland
A joint venture between U.S.-based Ascend Elements and Polish company Elemental Strategic Metals has officially opened a recycling plant for…
Northvolt to Lay Off 1,600 Employees Amid EV Demand Slowdown, Halts Expansion Plans at Swedish Plant
Swedish battery maker Northvolt will lay off around 1,600 employees, nearly 20% of its global workforce, in response to weaker-than-expected…
Gaussion, a spinoff from University College London specializing in fast-charging technology for batteries, has successfully closed its Series A funding…
Electric vehicle (EV) battery prices in China have continued their downward trend in July, driven by falling battery material costs,…