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Ford to Scale Back Plans for $3.5 billion Michigan Battery Plant as EV Demand Disappoints

Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers shift to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs. Ford executives including CEO Jim Farley…

China’s Nio, Changan Auto to jointly develop battery-swapping EVs

Nio (9866.HK) said on Tuesday it would partner with Changan Automobile (000625.SZ) to develop battery-swapping electric vehicles, in an attempt by the loss-making Chinese EV maker to ease costs. The partnership will also see Nio and state-owned Changan on building…

India’s $960 Million bid to Supercharge EV Battery Production

India is initiating a bidding process for an 80 billion rupees ($960 million) incentive program to boost the production of electric vehicle batteries, as disclosed by insiders familiar with the matter. The initiative requires successful bidders to establish state-of-the-art chemistry…

HPCL and Gogoro Announce Partnership To Rollout Battery Swapping Across Retail Outlets in India

Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced it had signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd. (HPCL), a major Indian oil company,…

KG Mobility Partners with China’s BYD to Manufacture Electric Vehicle Battery Packs in South Korea

KG Mobility is set to build a battery pack manufacturing plant in South Korea, leveraging the technology of BYD, China’s largest electric vehicle manufacturer. On Nov. 1, KG Mobility announced that it had signed a “Battery Pack Factory Construction and…

Emobi develops E2W with Musashi and Honda Power Pack for Last Mile Delivery Services

Bengaluru-based Emobi Manufactury Private Limited, Tuesday announced a strategic development partnership with Musashi Seimitsu CO Ltd. (Musashi), and with Honda Power Pack Energy India (HEID) for Battery Swap Services. Emobi, driven by a young team, challenges the concept of last-mile/bike…

Rail-Served EV Battery Plant Coming to North Carolina

A subsidiary of Mumbai, India-based Epsilon Carbon Private Limited, EAM is slated to invest $649.9 million in the plant, which will be built at the Mid-Atlantic Rail Industrial Park in Brunswick County. It is expected to create 500 jobs with…

Honeywell Creates Li-ion Battery Safety Sensors and Suite of PPE for EV Workers

As the adoption of electric vehicles (EVs) continues to grow, Honeywell has created innovative solutions to address safety concerns across the spectrum of EV manufacturing and use. The company’s lithium-ion (li-ion) battery safety sensors help play a crucial role in…

Indian Company That Makes EV Battery Materials To Build Its First US Plant In North Carolina

An Indian company that produces a key ingredient for long-range batteries in electric vehicles said Thursday it would build its first U.S. plant in southeastern North Carolina, creating hundreds of jobs. Executives at Epsilon Advanced Materials Inc. and Gov. Roy…

RACE Energy Partners With LOHUM For EV Battery Recycling

RACE Energy, an India-based deep-tech electric vehicle (EV) infrastructure company specializing in battery swapping has announced a strategic partnership with LOHUM, a leading producer of sustainable energy transition materials through recycling and refining. This partnership aligns with the Extended Producer…