Can EV battery Swapping Work In Europe?
Chinese electric car giant Nio recently announced plans to expand its operations and bring its fleet of electric models to Europe, including the UK. Nio co-founder Lihong Qin confirmed that after rolling out its ET5, ET7 and EL8 electric cars…
Triton EV Has Issued Rs.8060 Cr LoI To BEL For Purchase of 300 KW Li-Ion Battery Packs
A Letter of Intent (LoI) for the purchase of 300 KW Li-Ion Battery Packs for Triton’s Semi-Truck project in India was issued today by Triton Electric Vehicle India Pvt Ltd, a division of Triton Electric Vehicle LLC, USA, to Navratna…
China’s CATL Slows Battery Investment Plan For U.S., Mexico
Chinese battery giant CATL (300750.SZ) has slowed its planning for investment in battery plants in North America on concern that new U.S. rules on sourcing battery materials will drive costs higher, two people with knowledge of the matter said. The…
EU Parliament Adopts Targets For EV Charging Infrastructure
The European Parliament adopted on Wednesday (19 October) minimum requirements for charging infrastructure for electric cars, alongside provisions for other forms of mobility, addressing concerns that drivers are unable to charge their electric vehicles (EVs) when going on longer trips….
West Bengal Tenders 205 EV Charging Stations to be Installed Across the State
West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for the supply, installation, operation, and maintenance of the electric vehicle (EV) charging stations and battery swapping stations. The stations will be developed on WBSEDCL – owned lands across 205…
Britishvolt Receives £40 Million In Funding For A Battery Facility For EVs
The UK startup Britishvolt has gained new investment worth £40m from Glencore in the latest stage in its ambitious plan to build one of the UK’s few large-scale battery factories. It is aiming to treble its funding with £200m in…
LG Energy Solution, The EV Battery Giant, Soars On Its Debut After Completing Korea’s Largest Ever IPO
LG Energy Solution, the battery maker that raised billions in Korea’s largest float ever, soared on its debut on the 27th January 2022, benefiting from the electric vehicle boom. The stock closed at 505,000 won on the Korea Exchange, 68%…
Samsung, Alongside Stellantis To Build Its First Electric Vehicle Battery Plant In The US
South Korean battery maker Samsung SDI said it will build its first electric vehicle (EV) battery plant in the US with global carmaker Stellantis N.V., joining other local rivals’ moves to tap deeper into the region. The announcement confirms earlier…
World’s Largest EV Battery Maker To Buy A Lithium Miner
The world’s largest maker of electric-vehicle batteries has agreed to buy Canadian miner Millennial Lithium in a move to bolster its supply of key mineral lithium. Chinese battery maker Contemporary Amperex Technology (CATL) outbid rival Ganfeng Lithium‘s July C$353 million…
Hyundai And LG Start Building $1.1Bn EV Battery Plant In Indonesia
South Korea’s Hyundai Motor Group and LG Energy Solution on kicked off the construction of a $1.1 billion electric vehicle battery plant in Indonesia, which President Joko “Jokowi” Widodo hailed as marking the country’s shift away from resources toward technology….
