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…
Chinese EV Battery Giant CATL Reports Sharp Slowdown in Profit Growth
China’s CATL (300750.SZ), the world’s largest battery maker for electric vehicles (EV), said on Thursday that third-quarter profit rose 10.7%, its weakest quarter since the start of last year as slowing demand and stiff competition hit. This compared with a…
China’s BYD Eyes Lithium Assets In Brazil In EV Raw-material Push
BYD is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric vehicle (EV) production outside Asia. The Chinese company’s new EV factory in Brazil will include a unit…
SK Group Boss Blames U.S.-China Tensions For EV Battery Prices
South Korean billionaire Chey Tae-won said geopolitical tensions between the U.S. and China have kept prices for electric car batteries higher for longer as his conglomerate looks to reduce its reliance on the world’s second-largest economy. “Due to the geopolitics…
RecycleKaro Partners Bajaj Auto For EV Battery Recycling
RecycleKaro, a prominent player in sustainable, lithium-ion battery recycling, has announced a strategic partnership with Bajaj Auto for the recycling of lithium-ion batteries. Under this partnership, Recyclekaro will employ its Hydrometallurgy technology to recycle end-of-life batteries from Bajaj Auto vehicles….
Decrease in Chinese Demand For Electric Vehicles Impacts Lithium Stocks
Shares of lithium stocks are experiencing a downward trend as concerns arise regarding a decrease in Chinese demand for electric vehicles. The price of lithium has been steadily decreasing since the latter part of last year, and this decline has…
