Volkswagen To Build Six Electric-Vehicle Battery Factories In Europe
Volkswagen AG said it would invest in six large battery factories and build out charging infrastructure, highlighting some global auto makers’ push to take control of battery making as electric vehicles boom. The world’s automotive industry is pivoting to electric…
XPeng Launches New LFP-Battery Powered Versions Of EVs
China-based EV maker XPeng expanded its product offering by launching three new vehicle versions powered by lithium iron phosphate (LFP) batteries for the Chinese market. The three new LFP-battery powered cars, including the rear-wheel drive (RWD) P7 Standard Range Smart…
RIL To Venture Into EV Battery Space Ahead Of A Boom In Electric Vehicles
The possibility of a stake sale to Saudi Arabia’s Aramco is only one part of the story behind Reliance Industries hiving off its oil-to-chemicals business. This is also part of a strategic shift by Ambani to renewable energy. “RIL will…
SVOLT Plans Two New Battery Factories In China
The battery cell manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, is expanding its production capacities in China. New factories are planned in Huzhou in China’s Zhejiang province and in Suining in Sichuan province, each with annual capacities…
Amara Raja Starts Work On Lithium-Ion Cells, Sets Up Tech Hub At Tirupati
Amara Raja Batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. The advanced lithium-ion technology research hub, the pilot project located at its headquarters…
UK Eyes Second Electric Vehicle Battery Factory
Building on the region’s efforts to stand at the forefront of new technologies, the Coventry City Council in the United Kingdom will reportedly enter a joint venture partnership with Coventry Airport with the aim of building the country’s second battery…
EV-Battery Startup QuantumScape Soars On Technical Breakthrough
QuantumScape Corp., an electric-vehicle-battery startup, soared as much as 12% in late trading after saying it cleared a key hurdle in the development of its technology. The company, which is attempting to pioneer solid-state lithium-metal batteries for electric vehicles, said…
EC Approves Second Major Battery Innovation Project; €2.9B (US$3.5B) From 12 Member States
The European Commission has approved, under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and…
Two Lithium Battery Plants To Be Set Up In Karnataka: Deputy CM
Two lithium battery manufacturing plants will be set up in Karnataka with the objective of promoting e-vehicles and reducing air pollution, said Deputy Chief Minister Dr CN Ashwatha Narayana. Speaking after launching an e-vehicle rally organised by the Rotary Club…
Finland Targets Investors In Bid To Create New Battery Industry
Finland is looking for investors to help it build a new industry around electric-vehicle batteries over the next half decade. The country, which refines more than half the cobalt produced in Europe, published a report, laying out its case. One…
