Hyundai Motor, Kia to Partner with India’s Exide Energy on EV Batteries
HYUNDAI Motor and Kia on Monday (Apr 8) signed a memorandum of understanding with India’s Exide Energy Solutions to supply batteries for their electric vehicles in a bid to boost competitiveness in the world’s No 3 auto market. The South…
BAK Battery Unveils Revolutionary Big Cylindrical Power Batteries at China EV100 Forum 2024
At the China EV100 Forum 2024, Dr. Lin from BAK Battery highlighted the potential of big cylindrical power batteries as the future of EVs, suggesting ultra-fast charging and enhanced safety features. Shenzhen, China–(Newsfile Corp. – March 21, 2024) – From…
Magma HDI Introduces the ‘Battery Secure Add On’ for Privately Owned Vehicles
During this Diwali season, individuals who own electric vehicles (EVs) and hybrid electric vehicles (HEVs) in India now have the opportunity to access a tailored insurance offering designed exclusively for their vehicle batteries. Magma HDI General Insurance (Magma HDI) has…
Panasonic Energy Inks Deal with H&T to Supply Li-ion EV Battery Cans
Panasonic Energy Co. Ltd., a subsidiary of the Panasonic Group, has announced a long-term agreement with H&T Recharge, a battery component manufacturer based in Marsberg, Germany. The agreement aims to bolster Panasonic Energy’s production of safe electric vehicle (EV) batteries…
Mahindra to Use Volkswagen Electric Components, Battery Cells
Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker’s open platform for electric vehicles (EVs), the companies said in a statement on Friday. Mahindra plans to use…
India Lithium-ion Battery Market to Hit Market Size of USD 30,860.6 Million By 2032
Indian thium-ion battery market generated a revenue of US$ 5,116.4 Million in 2023 and is estimated to reach US$ 30,860.6 million by 2032 at a CAGR of 22.1% during the forecast period 2024–2032. The Indian lithium-ion battery market is the…
U Power Announces Market Validation Phase of Shared Battery Swapping Solution for Two- and Four-wheeled EVs
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that their shared battery swapping solution designed for both…
JSW Group Sign a Rs 40,000 crore MoU for Integrated Electric Vehicle (EV) & EV Battery Manufacturing Project
The JSW Group, in collaboration with the Odisha government, has formally entered into a Memorandum of Understanding (MoU) to establish an extensive Integrated Electric Vehicle (EV) and EV Battery manufacturing project. This transformative initiative involves an investment of Rs 40,000…
This $1b EV Nickel Plant Will be North America’s Largest
Canada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed. The plant will have the capacity to produce more than 80,000 tons…
Ola Electric is Looking to Bid for Lithium Mining Rights
E-scooter maker Ola Electric is looking to bid for mining rights for lithium blocks, which are being auctioned by the Centre. Last year, the NDA government at the Centre launched the first part of its critical minerals auctions in a…
