EV Update Media – Electric Vehicles and Battery Industry News & Updates

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Battery

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…

Shift To Electric Vehicles Spurs Bid To Make More Batteries In U.S.

The auto industry’s quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries for those vehicles. China currently dominates the market for producing electric-vehicle batteries. But as auto makers spend billions to…

Researchers Show Clean Solid–Electrolyte/Electrode Interfaces Double Capacity Of Solid-State Li Batteries

Scientists at Tokyo Institute of Technology (Tokyo Tech), Tohoku University, National Institute of Advanced Industrial Science and Technology, and Nippon Institute of Technology, have demonstrated by experiment that a clean electrolyte/electrode interface is key to realizing high-capacity solid-state lithium batteries…

EVs Get First Battery That Can Charge In 5 Minutes

Israeli company StoreDot has manufactured the first battery for electric vehicles that can be charged in just five minutes, a step toward making refueling as fast as cars at a gasoline station. The lithium ion samples were produced by StoreDot’s…

Indian Oil And Israel’s Phinergy Test Aluminium-Air Battery On Mahindra Treo

Even as fossil fuel prices touch new highs in India – petrol at Rs 92.32 a litre in Mumbai – purveyors of eco-friendly motoring in the form of electric vehicles are putting their shoulder to the wheel of green mobility….

Indonesia Says $9.8 Billion EV Battery MOU Agreed With LG Energy Solution

Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia’s Investment Coordinating Board said. The deal was signed on…

Battery Recycling Market Global Forecast To 2025

The battery recycling market is estimated to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. Reasons for growth of the battery recycling market include rising concerns…

PURE EV, CSIR-CECRI Join Hands To Work On Indigenous Lithium-Ion Technology For Electric Vehicles

IIT Hyderabad-incubated start-up PURE EV is collaborating with CSIR-Central Electro Chemical Research Institute (CECRI), Karaikudi with its Extension Centre at CSIR Madras Complex, Chennai on indigenising lithium-ion battery technology for electric vehicles. This initiative will support the Centre’s Atmanirbhar Bharat…

EC Proposes Modernizing EU Legislation On Batteries To Enhance Sustainability And Safety

The European Commission is proposing modernizing EU legislation on batteries; this would be the first initiative delivered among the actions announced in the new Circular Economy Action Plan. Batteries that are more sustainable throughout their life cycle are key for…

QuantumScape’s Battery Technology Is Huge for EVs

Battery start-up QuantumScape is playing host to a battery technology day on Tuesday. Quantum’s technology could be game changing for the electric-vehicle industry and for the company’s stock. But the technology and the company are new, so investors have to…