General Motors Expects Profitable Electric Vehicles Beyond 2025 with Ultium Platform
General Motors (GM) President Mark Reuss expressed confidence that the automotive giant's electric vehicles (EVs) would turn profitable after 2025, ...
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Samsung SDI Unveils High-Performance Lithium Manganese Iron Phosphate Battery at IAA Mobility 2023
At the prestigious IAA Mobility 2023 in Munich, Germany, Samsung SDI made a significant debut by introducing its groundbreaking lithium ...
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Global EV Battery Market Trends in January-July 2023: CATL Leads with a 36.6% Share, BYD Gains Ground, and More
Global electric vehicle (EV) battery consumption continues its upward trajectory, with new data from South Korean market researcher SNE Research ...
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Eve Energy Commences Construction of Battery Plant in Malaysia for Electric Two-Wheelers and Power Tools
Chinese battery cell manufacturer, Eve Energy, has embarked on a new chapter in its global expansion strategy by breaking ground ...
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Varta Secures Supply Partnership with SK Nexilis for Electric Car Battery Cell Production
In a strategic move towards enhancing its position in the electric vehicle (EV) market, renowned German battery manufacturer Varta has ...
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Samsung SDI Expands Hungarian Battery Factory for 46120 Round Cells, Eyes BMW Collaboration
In a move aimed at strengthening its presence in the electric vehicle (EV) market, Samsung SDI has plans to expand ...
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Global EV Battery Market Sees Impressive Growth in H1 2023, CATL Leads with 36.8% Market Share
In the first half of 2023, the global electric vehicle (EV) battery consumption witnessed remarkable growth, reaching 304.3 GWh, a ...
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ExxonMobil Initiates Talks with Carmakers and Battery Manufacturers for Lithium Supply
Following ExxonMobil's announcement of venturing into lithium mining in May, talks have emerged linking the US oil company with several ...
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Chinese Companies Forge Partnerships with Korean Firms to Tap into US EV Market
As the United States aims to reduce China's involvement in the Electric Vehicle (EV) supply chain, Chinese companies have taken ...
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Stellantis and Samsung SDI to Establish Second U.S. Joint-Venture Plant for EV Batteries
Stellantis and South Korean battery maker Samsung SDI have revealed their plans to collaborate on a second joint-venture plant in ...
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