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…
Recycling crucial to support India’s Li-ion EV battery manufacturing
The electric vehicle (EVs) is a rapidly growing segment in India, especially in the two-wheeler category, most of which are powered by lithium-ion batteries. At present, India majorly relies on imports to fulfill its demand for the elements required for…
Jsw In Talks With Lg Energy Solution To Make Ev Batteries In India
Indian steel-to-energy group JSW is in early stage talks with Korea’s LG Energy Solution (LGES) about jointly manufacturing batteries in India, two sources told Reuters, as it presses ahead with plans to build electric vehicles locally. JSW held talks with senior LGES executives in…
Ford Halts Work On $3.5b Ev Battery Factory With China’s Catl
Ford confirmed Monday it has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL. “We’re pausing work and limiting spending on construction on the Marshall project…
Tesla Proposes Building Battery Storage Factory In India -Sources
Tesla has drawn up plans to make and sell battery storage systems in India and submitted a proposal to officials seeking incentives to build a factory, two people aware of the plan said, as Elon Musk continues a push to…
U Power Limited To Deliver The Second UOTTA Battery-swapping Station For Electric Taxis By October 2023
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that the Company’s subsidiary, Youpin Automobile Service Group Co.,…
India’s Acc Ev Battery Production Could Commence In Jan 2024
Production of advanced chemistry cell (ACC) batteries in India is set to begin by January 2024, according to Union Minister for Heavy Industries, Mahindra Nath Pandey. This follows the government’s approval of the Production Linked Incentives (PLI) scheme in May…
CATL Launches New Battery That Can Charge An EV In 10 Minutes
Contemporary Amperex Technology Ltd (CATL), a Chinese lithium-ion battery manufacturer, has unveiled its latest innovation, Shenxing, a 4C lithium iron phosphate (LFP) battery capable of rapid charging. The term “4C” denotes the battery’s ability to be fully charged in just 15 minutes. The…
VW-backed Gotion Buys 25% Stake In Slovak EV Battery Startup InoBat
Chinese battery maker Gotion High Tech is buying a 25 percent stake in Slovak battery maker InoBat and will provide supply chain and technology support as the startup scales up production of electric vehicle batteries, the companies said. The companies did not…
Dymax to Showcase Light-Cure Solutions for Electric Vehicles at The Battery Show 2023
Dymax, a leading manufacturer of light-curing materials and equipment, will exhibit at The Battery Show 2023 in booth 2823. This premier event, being held at the Suburban Collection Showplace in Novi, Michigan, from September 12-14th, will feature the latest advancements in battery…
