$1 Billion Factory In India, Sodium-Ion Batteries In China
Tesla announced it plans to construct a manufacturing plant in India which will produce a car that sells for under $25,000. And why not? India is the largest country in the world by population and has the fourth largest new car market….
Nio Leads the Way in Solid-State Batteries For Electric Vehicles
Chinese automaker Nio has become the first electric vehicle (EV) manufacturer to bring solid-state batteries to the mass market, announcing that its new ES6 SUV will be equipped with this advanced battery technology. The Rise of Solid-State Batteries Solid-state batteries…
The SNB Capital EV Batteries Fund Succssfully Acquired A Stake In “SK ON” Amounted At USD 100mln
SNB Capital announces its successful acquisition of a stake in the Korean batteries manufacturer “SK ON” worth USD 100 million through its “SNB Capital EV Batteries” fund; a closed-end sharia compliant fund. SK ON is considered one of the largest…
As Demand For EV Batteries Picks Up, Makers Eye Lithium Reserves
Last year, Coimbatore-based electric two-wheeler (E2W) maker Boom Motors literally faced the heat after one of its bikes caught fire. This occurred at a time when similar accidents in bikes made by other E2W makers were grabbing headlines. As a…
Electric Vehicle Infrastructure Company RACEnergy Opens 10,000 Sqft Battery Facility In Telangana
Electric vehicle infrastructure company RACEnergy, specialising in battery swapping, inaugurated its new battery production facility spanning over 10,000 square feet, on Wednesday. The facility is equipped with a 50 Mwh battery production plant, enabling the manufacturing of 30,000 batteries annually….
Hyundai’s Plans For EVs, Restructuring In China
Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp , outlined plans on Tuesday for a deepened push into battery development, steps to cut the cost of new electric vehicles and a restructuring of its China operations. Here…
Schaeffler India Limited Reveals Schaeffler TruPower Electric Two-Wheeler Batteries
Schaeffler India Limited, an industrial and automotive supplier, has revealed the Schaeffler TruPower batteries designed for electric two-wheelers. These batteries utilise Valve Regulated Lead Acid (VRLA) technology, ensuring smooth operation of electric two-wheelers. The Schaeffler TruPower batteries are now available…
MG Motor, Lohum Team Up For Reuse Of EV Batteries
MG Motor India will team up with Lohum to establish a comprehensive ecosystem for reuse and lifecycle management of EV batteries. The idea is to develop the concept of second-life solutions for batteries. The project will harness the potential of…
As Electric Cars Boom, Locals Fear Chinese Battery Plant Will Harm Land In Drought-Stricken Hungary
Just beyond the pastoral gardens and traditional homes of an eastern Hungarian village, a gigaproject of Chinese industry is taking shape. Bulldozers and excavators are already preparing the land for construction of a nearly 550-acre electric vehicle (EV) battery plant….
Tesla May Expand China Factory: More Powertrain Production, New Batteries
Tesla has reportedly filed paperwork with the intent to expand its EV factory in China, coined Giga Shanghai. The potential expansion would allow the US EV maker to produce more powertrains and up the number of vehicles it can manufacture….
