Mitsubishi Fuso, Ample To Partner On Battery-swapping Technology For Electric Trucks
Mitsubishi Fuso recently announced that it has signed an agreement with Ample Inc. to begin a collaboration on a pilot project on battery swapping technology for electric trucks in Japan. The companies say they will collaborate to pair Mitsubishi Fuso EVs…
Nikkei Analysis Finds Tesla Relies On China For 40% Of Battery Supply Chain
An analysis by Nikkei in Japan concludes that nearly 40% of the suppliers for materials used in Tesla’s electric vehicle batteries are Chinese companies. Nikkei sent a letter to Tesla asking about its dependence on Chinese suppliers but said that it had…
China’s Huayou Mulls $20b EV Battery Investment In Morocco’s Sahara
Huayou, a Chinese manufacturer of electric vehicles battery materials, would invest 200 billion dirhams or $20 bln in a plant in Morocco’s region of Laayoune Sakia El Hamra in the Sahara, the regional investment center announced. A delegation of the…
Tesla Relies On China For 40% Of Battery Supply Chain
Nearly 40% of the suppliers for materials used in Tesla’s electric vehicle batteries are Chinese companies, a Nikkei analysis finds, underscoring China’s strong presence in a strategically important sector. China was the largest supplier of materials for the lithium-ion batteries used in Tesla’s…
China’s Sunwoda Electronic To Build $275 Million EV Battery Factory In Hungary
China’s Sunwoda Electronic (300207.SZ) plans to build a power battery factory in Hungary for electric vehicles, with initial investment of up to 1.96 billion yuan ($274.71 million), as Chinese battery makers expand in the European market. The money will be used for…
Toyota Recalls 12,000+ EVs Developed With Warren Buffett-backed BYD In China
BYD, the China electric vehicle and battery leader backed by Warren Buffett’s Berkshire Hathaway, said on Sunday sales of new energy vehicles nearly doubled in June from a year earlier to 253,046 from 134,036 a year earlier, underscoring the popularity…
Chargeup Sets Up Solar-Powered EV Battery Swapping Station In Jaipur
Delhi-based EV Fi-ne-tech startup Chargeup has set up India’s first solar-powered battery swapping station in Jaipur. This EV charging station, equipped with solar technology, will cater to the battery swapping needs of electric vehicle owners in the state by using a solar-power grid. As…
Overcapacity In China’s EV Battery Industry To Reach Four Times Demand By 2025
China’s electric vehicle (EV) battery industry will face severe overcapacity in the next two years, which could lead to the closure of many small players, according to analysts. Chinese battery manufacturers, which number close to 50, will be able to…
India’s Tata Will Build a $5-Billion New Electric Car Battery Factory In The UK
India’s Tata Sons plans to build a 4-billion-pound ($5.2 billion) electric car battery factory in the U.K., the conglomerate said Wednesday. The plant is expected to become one of Europe’s largest battery cell manufacturing sites when it begins production in…
Tata’s Agratas To Supply Battery Packs For Jaguar Land Rover Electric Cars
Jaguar Land Rover (JLR) has recently revealed its battery sourcing strategy for its next-gen electric cars that target a driving range of about 724 kms (450 miles) in single charge. The automaker has reportedly told its investors that it is…
