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….
Vietnamese, Chinese Company Partner For Manufacturing Electric Car Batteries
Vietnamese automaker VinFast has tied up with Chinese company Gotion High-Tech to research and produce batteries for electric vehicles. Under a newly-signed memorandum of understanding, the two companies will work on building the first lithium iron phosphate (LFP) battery plant…
BMW Secures Funding For EV Battery Aiming To Rival Range Of A Traditional Engine
A BMW project centered around the development of a long-distance electric vehicle battery has been awarded £26.2 million ($36.07 million) in joint funding from industry and the U.K. government. The Oxford-based project, called BMW-UK-BEV, is one of four to receive…
Sertec Group Established UK’s First EV Battery Busbar Production Line
Sertec Group, a UK-based automotive component manufacturer, has invested £1.7m (US$2.36m) into its research and development (R&D) programs, to enable the UK’s first mass-production assembly line for electric vehicle batteries. The new assembly line will be fully operational in September…
LG, Hyundai To Build $1.1 Billion Electric Vehicle Battery Plant In Indonesia To Tap Nickel Supply
South Korean conglomerates Hyundai and LG will jointly build a $1.1 billion electric vehicle battery plant in Indonesia to take advantage of the Southeast Asian country’s potentially vast consumer market and rich natural supply of nickel. The 50-50 joint venture,…
