Korean automakers Hyundai, Kia to localize production of LFP batteries for India EVs

Image: Hyundai Motor India

Korean automakers Hyundai Motor and Kia Corporation have signed a Memorandum of Understanding with Exide Energy Solutions to localize EV battery production in India. The move, focu...

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Northvolt breaks ground on 60 GWh capacity German giga factory

Image: Northvolt

Northvolt announced the company had started construction of its battery giga factory "Northvolt Drei" in Germany. Europe had battled to keep the factory within its borders, after t...

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Subaru and Panasonic Energy strengthen ties for Li-ion battery supply

Panasonic EV Batteries. Source: Panasonic Energy

Consolidating their partnership for the supply of EV batteries further, Subaru Corporation and Panasonic Energy Co. Ltd [ Panasonic Group] on Tuesday (March 19) signed an agreement...

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India unveils new EV policy to make country a global manufacturing hub

A Tesla employee makes cars a the company's Fremont factory in USA. Image: Tesla

India has approved a scheme to promote the country as a manufacturing destination for electric vehicles, a release on the Press Information Bureau, the country's government news se...

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US DoE lends Lithum Americas $2.26 bn to get Nevada mine up and running

Image: Lithium Americas

Mining company Lithium Americas announced it will get up to $2.26 billion in loans from the US Department of Energy (DoE) to build its Thacker Pass lithium project in Nevada, USA. ...

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Battery recycling company Lohum raises $54 million in Series B funding

Image: Lohum

Battery recycling and reuse company Lohum Cleantech has raised ₹450 crore (about $54 million) as a part of its ongoing Series B round of funding, according to multiple media report...

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Microsoft AI designs batteries with 70 percent less lithium, identifies 18 new battery materials

Image: Shutterstock

Microsoft has used artificial intelligence to identify promising new battery materials for the US Department of Energy using (DoE). This use of AI enabled the company to come up wi...

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Lyten’s lithium-sulfur batteries to power Chrysler’s Halcyon Concept EV

Lithium-sulfur battery technology developer, Lyten on Monday said it has been selected to power Chrysler's visionary Halcyon Concept electric vehicle. The supermaterial applic...

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South 8 Technologies demonstrates LMNO battery electrolyte

South 8 Technologies Inc (South 8), a San Diego-based developer of LiGas, a novel liquefied gas electrolyte used for advanced lithium-ion batteries announced that it has demon...

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M&M evaluates giga factory in India, signs supply agreement for Volkswagen EV platform

Indian auto maker Mahindra & Mahindra (M&M) is considering whether to open a battery plant in India, group CEO and MD Anish Shah told reporters. "We are going to look at… o...

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IOC increases holdings in Phinergy to 17%; Move to fortify Phinergy’s telecom backup power biz

Indian Oil Corporation Ltd (IOC), India's state-owned multinational energy company has completed the second round of investment in Israel-based, Phinergy, bringing its holding in t...

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Panasonic Energy partners with NOVONIX for securing supply of synthetic graphite

An image of Novonix's proprietary graphite furnace.

Panasonic Energy (Panasonic Group), the global leader in innovative battery technology said that it has signed a binding offtake agreement with Australia-based NOVONIX Lt...

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GFL to invest ₹60 billion in GFCL EV; eyes global EV/ ESS battery supply chain

GFCL EV Products Ltd (GFCL EV), a wholly owned subsidiary of leading Indian chemical company, Gujarat Fluorochemicals Ltd (GFL), has announced an investment of a whopping INR 6000 ...

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Battery recycling in India: Unlocking the value in EV batteries

The electric vehicle industry in India has reached an inflection point. In FY 2023, over a million EVs were sold in India accounting for 6.38 percent of the total auto sales in the...

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Omega Seiki and Attero join forces to tackle EV battery waste

Electric vehicle manufacturing firm, Omega Seiki Mobility (Omega Seiki) on Tuesday announced it has signed an agreement with Attero, India's largest lithium-ion battery recycl...

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From clean energy to clean cooking, Modi outlines vision for rooftop solar + battery installations

Image Courtesy: NarendraModi.in

The Government of India will announce a package to make the country atmanirbhar in the battery domain, Prime Minister Narendra Modi announced. Speaking at the Bharat Mobility event...

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UK startups Monolith, About:Energy partner for next-gen EV batteries

Source: About:Energy

Artificial intelligence (AI) software startup Monolith and battery tech innovator About:Energy have announced their partnership for more accurate and scalable electric vehicle...

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Iveco selects BASF as a recycling partner for its electric vehicle batteries

Italian multinational transport vehicle manufacturing company, Iveco Group announced it has selected the world's leading chemical company, BASF as its partner to provide recycling ...

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Sion Power, which uses compression on EV batteries, gets funding from LG Energy, others

US battery technology startup Sion Power announced the company has raised $75 million in Series A funding. The round was led by South Korean battery manufacturing giant LG Energy S...

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Amara Raja giga factory will start operations next year

Leading automotive battery maker Amara Raja will have the first giga factory up and running before the end of next year, President Vijayanand Samudrala told the India Battery Manuf...

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BASF, Stena Recycling partner to recycle EV batteries across Europe

BASF, a leading battery materials company announced that it has signed a black mass purchase agreement with Stena Recycling, a European recycling firm to recycle EV batteries ...

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KPIT develops sodium-ion battery tech for sustainable mobility

Source: KPIT Technologies

Automotive software integrator KPIT Technologies has unveiled its sodium (Na)-ion battery technology for e-mobility applications in India, especially for electric two and...

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Hindalco to invest INR 800 crore for a new battery foil manufacturing plant in Odisha

Hindalco Industries Ltd. (Hindalco), the metal flagship company of the Aditya Birla Group, has announced that it will set up a battery foil manufacturing plant near Samba...

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Beyond solar: Companies pivot toward energy storage in investment priorities

Energy storage is going to be a leading technology for energy transition investments in the next three years according to a new industry survey by Reuters Events. According to...

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Toyota, Redwood Materials expand upon battery recycling agreement

Source: Toyota

Toyota Motor North America (TMNA) and Redwood Materials on Thursday (Nov. 16) announced plans to expand upon their existing battery recycling agreement for Toyota's end-of-life EV ...

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BMW Group rolls out battery cell samples from its Parsdorf facility

BMW Group has recently announced the rolling off the battery cell production line at its new Cell Manufacturing Competence Centre (CMCC) in Parsdorf, Germany. The samples...

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Daily Shorts: Toyota boosts EV battery investment by $8 bn, Indonesia finalizes JETP plan, and more

A crashed Tesla. (Picture for Representational Purpose) Image: US NTHB

Toyota announced plans to invest $8 billion in the company's electric vehicle battery manufacturing plant in North Carolina, USA, taking total investment in the project to around $...

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Weekend Roundup: China limits graphite exports, Tevva seeks new merger partner, and more

China restricted the export of some graphite products from December, in what is seen as a counter to a US freeze on transfer of semiconductor technology to the Middle Kingdom. Chin...

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Daily Shorts: UK gets a £10 bn clean energy investor, Banga wants harmful subsidies slashed, and more

Image: Empire Wind

Japan's Marubeni Corp signed a memorandum of understanding (MoU) with the UK government to invest 10 billion pounds ($12.3 billion) in clean energy projects over the next decade. T...

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WESD 2023: EV battery manufacturing fast evolving in Europe; needs pro-active policy

Source: ETN

The 2023 edition of the World Energy Storage Day global conference organized by India Energy Storage Alliance (IESA) witnessed critical discussions on the e-mobility and related ma...

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