Government working on GST reduction on EV Batteries
The government is working on a production linked incentive scheme (PLI) for automobile manufacturing and components, and also reducing GST on batteries for electric vehicles (EVs). Speaking at the ACMA’s 60th annual session titled ‘Shaping the New Normal’, Mr. Amitabh…
Why were sales of electric two and three-wheelers without batteries allowed and will buyers benefit?
The sales of electric vehicles (EVs) are not gaining steam in the country, despite launching two incentive schemes in five years. In the Year 2019-20, 152,000 electric two-wheelers were sold in India, which is less than 1 percent of the…
CBAK Energy Has Successfully Developed Large-Sized Cylindrical Tabless Battery With 25% Boost In Energy Density And 20% Cost Saving
CBAK Energy Technology, Inc., a world’s leading lithium-ion battery manufacturer and electric energy solution provider, announced that its product release of 32140 large-sized cylindrical tabless battery has officially passed its technical and Pilot Plant tests which demonstrated its success in…
India Plans $4.6 Billion In Incentives For Battery Makers In Electric Vehicle Push
India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to a government proposal. A proposal…
Tesla To Make Cobalt Free Batteries
Tesla will make electric vehicle batteries with cobalt-free cathodes, it announced during its Battery Day event. The announcement came as part of the company’s move to make batteries in-house instead of purchasing them. Musk didn’t give a timeline for going…
New Research Says Sodium-Ion Batteries Are A Valid Alternative To Lithium-Ion Batteries
Lithium (Li)-ion batteries (LIBs) are the electrochemical energy storage systems of choice for a wide variety of applications, however other types of emerging battery technologies are currently on the path to share their dominant position. Among them sodium (Na)-ion batteries…
Russia’s Uranium One Aims To Capture 10% Of Global Lithium Market By 2030
Russian state-owned mining group Uranium One Inc. plans to begin producing lithium in 2023 and to capture as much as 9% to 10% of the global market by 2030, the head of the country’s nuclear fuel distributor said in an…
LG Chem To Spin-Off World’s Largest Electric Car Battery Business
LG Chem plans to spin off its lucrative electric vehicle battery business, the world’s largest, to fund an expansion of its facilities through a potential initial public offering as it benefits from a surge in orders. The South Korean company,…
Chinese Battery Maker Plans Factory In France
Chinese renewable energy group Envision is looking to build a battery factory in France to supply the growing electric vehicle market, a French newspaper reported. The company, which has battery production plants in Japan, the U.S., Britain and in China,…
Kandi Announces Establishment Of China Battery Exchange Technology Co., Ltd.
Kandi Technologies Group, Inc. announced the establishment of a wholly-owned subsidiary for its battery swapping services: China Battery Exchange Technology Co., Ltd. By establishing the China Battery Exchange Technology Company, Kandi can better monetize its dozens of patents in the…
