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Monday 15 May 2023
Stellantis, LG Energy spar with Canada over EV battery plant
Automaker Stellantis NV said it will begin implementing "contingency plans" with its South Korean partner for electric vehicle battery production as they negotiate with Canada for...
Friday 12 May 2023
Taiwan's ProLogium eyes 2027 for EV battery output in France
Taiwanese battery maker ProLogium Technology Co. aims to start mass production of a new generation of cells for electric vehicles in France from 2027 as part of its project to invest...
Friday 12 May 2023
Hyundai to invest US$2.45 billion to ramp up EV and battery manufacturing
Hyundai Motor signed an MoU with India's Tamil Nadu government to ramp up vehicle production and will set up battery manufacturing facilities as well as infrastructure to capitalize...
Thursday 27 April 2023
Samsung SDI expanding presence in US EV battery manufacturing
Samsung SDI and General Motors (GM) have announced that they have agreed to establish a joint venture (JV) to manufacture battery cells for electric vehicles (EV) in the US. It is...
Tuesday 25 April 2023
Hyundai Motor, SK On plan $5 billion EV battery plant in US
Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as President Biden's green bill encourages companies...
Monday 24 April 2023
Volkswagen to invest EUR4.8 billion in Canadian EV battery plant
Volkswagen aims to break ground on its largest battery plant to date in 2024. The carmaker said it will invest EUR4.8 billion (US$5.28 billion) in the battery project in Canada by...
Tuesday 18 April 2023
Volkswagen and Ford to invest in Indonesian EV battery ecosystem with international partners
Indonesia is expecting more international investment to inject into its EV segment. PowerCo, Volkswagen's battery subsidiary, has expressed interest in building a battery ecosystem...
Thursday 13 April 2023
Honda and Posco expand partnership into EV battery materials
Honda Motor and Posco Holding are looking to form a comprehensive partnership to facilitate the former's EV ambition. The duo said on April 11 that they are exploring possible collaboration...
Wednesday 29 March 2023
CATL tops China's EV battery market with 49% market share
The China Passenger Car Association (CPCA) recently released its February 2023 insights report on the three electrical systems (motor, battery, control) of China's new energy vehicles...
Thursday 16 March 2023
CATL partners with BAIC for EV battery development
China-based battery maker CATL continues to consolidate relationships with automotive OEMs. The company signed an agreement with Beijing Automotive Group (BAIC) on March 13 to co-develop...
Thursday 16 March 2023
Foxconn to see automotive component sales boost in 2023
Hon Hai Precision Industry (Foxconn) expects to see its automotive product line generate revenue between NT$50 billion (US$1.63 billion) and NT$100 billion in 2023, up from NT$20...
Tuesday 14 March 2023
CATL’s EV battery dominance shouldn’t cause Xi undue worry
Contemporary Amperex Technology Co. Ltd. is truly the undisputed electric vehicle battery-making king. It supplies a roll call of carmakers — from Tesla Inc. to Ford Motor Co.,...
Tuesday 7 March 2023
Formosa Smart Energy forging close ties with major carmaker
Formosa Smart Energy Tech (FSET) has reportedly been approached by a major European carmaker with plans to jointly construct a lithium battery plant in the US.
Tuesday 21 February 2023
EV battery price war to begin
The electric vehicle (EV) battery supply chain is bracing for a potential price war as a result of Contemporary Amperex Technology (CATL) reportedly offering lithium cost rebates...
Monday 20 February 2023
LGES retains crown in 2022 non-Chinese global EV battery usage
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...