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…
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…
