Driven by significant grants under the US Inflation Reduction Act (IRA), South Korean battery makers LGES, SK On, and Samsung SDI have expanded their production investments in North...
BYD is reportedly in talks with KG Mobility (KGM), South Korea's fourth-largest car maker, to jointly set up an electric vehicle (EV) battery plant in South Korea that is expected...
Since the announcement of Xiaomi's entry into the automotive industry, rumors have been abundant. Currently, the only confirmed detail is the release of a new car 2024. As Xiaomi's...
South Korean battery maker Samsung SDI will likely build the country's first LFP battery plant in its Ulsan production base, according to local media reports. However, as CATL and...
Chinese battery maker Contemporary Amperex Technology Co. Limited (CATL) launched its Shenxing 4C superfast-charging lithium iron phosphate (LFP) battery on August 16, which will...
China-based battery giant CATL unveiled Shenxing, a new LFP battery, on August 16. The battery can enable an EV driving range of 400 kilometers with one 10-minute charge. The company...
TSMC has officially entered the European automotive supply chain with plans to establish a joint venture fab in Dresden, Germany, relieving European automakers' concerns about chip...
Leading Chinese battery manufacturer CATL is considering appointing a Taiwanese firm as its sales agent to service customers in Taiwan, according to industry sources.
Ford's announcement about licensing China-based CATL's technology to build a battery plant in Michigan has drawn significant attention. Industry sources said the project seems to...
Battery giant CATL is taking a step further to consolidate its dominance in the industry. The company's manufacturing head said it plans to set up EV battery recycling sites with...
China, the world's largest battery producer, has seen changes in demand. Energy storage is taking up more battery usage while EVs, especially plug-in hybrid EVs, also require increasing...
Contemporary Amperex Technology Co. Ltd., the world's biggest electric vehicle battery producer, is joining Tesla Inc. and BYD Co. in adding a focus on the booming solar sector.
Another China-based battery company has expanded to Hungary. Eve Energy recently bought land in Debrecen to build its first European plant, slated to begin operation in 2026. The...
South Korea-based SNE Research released the ranking of battery usage for EVs in non-China markets on May 8. LG Energy Solution retained the crown with a global market share of 28%...
