India electric two-wheeler manufacturer Ather Energy and EV charging solution provider Magenta ChargeGrid have signed an MoU to build charging facilities for Ather Energy across India, according to ElectronicsB2B and Autocar India.
SK On and Ford Motor are spending KRW8 trillion (US$6.35 billion) on equipment for EV battery factories they are jointly setting up in the US states of Kentucky and Tennessee, according to South Korean media ET News.
The rapid growth of electric vehicles (EVs) and energy storage systems has intensified the short supply of lithium batteries, while battery materials prices are being further pushed up by manufacturers' overbooking of materials, according to Chinese media reports.
South Korean steel manufacturer Posco has entered into an agreement with Taiwan-based solid-state battery developer ProLogium to supply cathode, anode, and solid electrolyte materials, according to the EV battery maker.
India wants to transition to electric vehicles quickly. The government has made its intentions clear with subsidies and incentives, while major car OEMs like Tata Motors are gearing up to launch several new electric vehicles.
Amid the Indian government's efforts to encourage battery swapping systems to help electric vehicle (EV) adoption, Sun Mobility, a major BaaS provider in India, is actively forming alliances to expand its battery-swapping network.
Jakarta-based SWAP Energi co-founder Kevin Phang aspired to advance battery-swapping technologies for electric scooters while he was studying abroad. SWAP Energi and its affiliate e-scooter maker and distributor SMOOT have set up 400 battery swapping stations in Greater Jakarta and Bali, Indonesia, the highest among the top e-scooter brands in the country.
US Securities and Exchange Commission (SEC) last week listed more than 80 Chinese firms in a provisional list of entities that might be delisted if they fail to cooperate with audit regulations. Several Chinese electric vehicle (EV) makers - Nio, Li Auto, and XPeng - have been targetted since April.
ProLogium is ready to produce the world's first batch of high-performance solid-state batteries for electric vehicles (EV) soon. The Gigafactory in Taoyuan, Taiwan is planning to start mass-producing within the next three to four years.
BenQ Materials continues expanding production capacity to meet growing demand for separator films for EV batteries, defying economic uncertainties around the world, according to company chairman Chen Chien-chih.
South Korea-based battery startup SM Lab has successfully developed manganese and nickel materials for battery cathodes, and reportedly is to co-produce EV batteries with Volkswagen, according to Investment Bank (IB), as cited by Korean local media Aju Business Daily.