Northvolt secures $5 billion loan for the expansion of homegrown giga factory and battery recycling plant

Swedish battery manufacturer, Northvolt AB has secured a $5 billion loan package that will enable further expansion of its cell manufacturing and battery recycling plant ...

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Stellantis Ventures invests in Tiamat for sodium-ion battery technology

Image for representation purposes only. Source: Tiamat

The corporate venture fund of automaker Stellantis has recently made a strategic investment on a France-based company 'Tiamat' that is developing and commercializing sodi...

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BYD begins construction of 30GWh sodium-ion battery plant in China

Song Lewei, secretary of the Municipal Party Committee, and Wang Chuanfu, chairman and president of BYD, signing of 10 billion sodium-ion battery project between Huaihai, Nov. 2023

After concluding 2023, with record-break sales of 3 million new energy vehicles, Chinese automotive major, BYD has achieved yet another milestone with the groundbreaking ...

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Telangana govt. to support Amara Raja's Giga Corridor project

Automotive and industrial battery major, Amara Raja Batteries Ltd (ARBL) will receive the necessary support from the Telangana government for its INR 9,500 crore Giga Corridor...

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Gotion rolls out first battery packs from its Fremont facility in US

Source: Gotion High Tech

Chinese battery manufacturer Gotion High-tech recently announced the official roll-out of battery packs off the production line at the its Fremont factory ...

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Comau, LiNa Energy innovate solid-state sodium battery manufacturing process

Image for representation purposes only. Source: Comau

Automation solutions company Comau has joined forces with battery manufacturer LiNa Energy to design an innovative and scalable manufacturing solution for solid-state sod...

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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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Graphite India makes a strategic move: Acquires 31% stake in battery maker Godi India

Graphite India, a graphite electrodes and carbon specialty product manufacturing company has acquired a 31 percent shareholding in a Hyderabad-based battery manufacturer, Godi...

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Verkor's battery gigafactory in France to be operational by 2025

Image for representation purposes only. Source: Verkor

French battery firm Verkor laid the foundation stone of its battery gigafactory in Dunkirk, France last month. Aimed at mass production of low-carbon, high-performan...

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Breakthrough in battery tech: Northvolt adds sodium-ion batteries to its portfolio

Battery manufacturing major, Northvolt announced that it has successfully validated sodium-ion batteries with an energy density of over 160 watt-hours per kilogram at the company's...

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Solid Power presents its first A-sample cells for automotive qualification

Image for representation purposes only. Source: Solid Power

Solid-state battery technology firm Solid Power has recently made first A-1 EV battery cell deliveries to BMW to formally enter automotive qualification. The company is report...

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Epsilon announces $650 million battery components and anode plant in USA

The move assumes significance considering China has moved to restrict graphite exports from December  Indian battery components maker Epsilon Advanced Materials (EAM) announce...

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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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LGES's Arizona plant to make 46-Series cylindrical cells for Tesla

Image for representation purposes only and does not represent 46-Series battery cells. Source: LG Energy Solution

To pre-emptively respond to market demands for 46-Series cylindrical battery cells from Tesla, LG Energy Solution (LGES) has decided to utilize its Arizona EV battery facility...

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24M Technologies presents Electrode-to-Pack battery system for EVs, ESS

Source: 24M Technologies

At the on-going 2023 Japan Mobility Show, battery firm 24M is showcasing its transformative and streamlined battery pack technology - the 'Electrode-to-Pack' (ETOP) ...

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Ola Electric raises ₹3,200 crores for its upcoming battery cell facility

Image for representation purposes only. Source: Ola Electric

Indian EV firm Ola Electric has announced the successful closure of funding round amounting to ₹3,200 crores ($380 million) in a mix of equity and debt from from Tem...

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VDL bags order to assemble 125,000 battery modules for BMW Group

VDL demo line in Born where battery packs can be assembled in a semi-automatic manner. Source: VDL Groep

Netherlands-based VDL Groep is planning to kick-start serial-assembly of EV battery systems at its Mobility Innovation Centre (MIC) in Born. The company has recently...

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Stellantis, Samsung SDI confirm second battery gigafactory in Indiana

Source: Stellantis

As part of the StarPlus Energy joint venture, Stellantis N.V. and Samsung SDI have announced that Kokomo, Indiana, has again been chosen for the second battery manuf...

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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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Daily Shorts: Total seeks 5KTPA green H2, Indonesia wants homegrown EV champion

Image: Shutterstock

French oil major TotalEnergies sought applications for 500,000 tonnes per annum of green hydrogen to replace the grey hydrogen it currently uses in industrial activities. The compa...

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Gotion to set up $2 billion lithium battery manufacturing plant in the U.S.

China's Gotion High Tech Co ltd on Friday said the company will set up a new state-of-the-art $2 billion lithium battery manufacturing plant in Manteno, Illinois. Covering about 15...

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Automotive battery provider Clarios to acquire Paragon’s battery unit

Automotive battery solutions provider, Clarios on Wednesday (August 30) announced it will purchase Paragon GmbH & Co. KGaA's power business that produces batteries and bat...

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Reliance Industries battery giga factory to be set up by 2026; to produce LFP battery solutions

Reliance Industries Ltd (RIL) on Monday (August 28) announced that it will enter battery manufacturing ecosystem with LFP (lithium iron phosphate) battery solutions and will&n...

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Corvus Energy to supply 40 MWh battery systems for fully-electric ferry

Energy storage systems (ESS) firm Corvus Energy has been selected by technology group Wärtsilä to supply the battery systems for what is claimed as the world's large...

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MHI appoints Engineers India Limited to monitor progress of ACC-PLI scheme beneficiaries

The Ministry of Heavy Industries (MHI), Government of India on Thursday (August 24) announced that it has appointed Engineers India Limited (EIL) as Independent Engineer ...

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Northvolt raises $1.2 bn for market expansion; rolls out first BESS at Dwa

Northvolt has announced that it has raised $1.2 billion in convertible notes to finance plans for its further European and North American expansion. The latest developmen...

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Daily Shorts: China prepares to recycle old wind and solar equipment, Ford plans plant in Canada and more

China announced plans to set up a recycling system for old solar panels and wind turbines to manage equipment slated for retirement in the coming years. Multiple state agencies rel...

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CATL's 'Shenxing' superfast charging LFP battery promises 700km EV range

Source: CATL

Chinese battery giant CATL has recently introduced 'Shenxing', claimed as the world's first 4C superfast charging LFP battery, capable of delivering 400 km of driving range wi...

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IBC to set up recyclable lithium-ion battery manufacturing unit in Karnataka

International Battery Company signs MoU with Govt. of Karnataka on Tuesday, August 1.

US-based International Battery Company (IBC) has signed an investment pact with the Government of Karnataka to build a recyclable lithium-ion battery manufacturing f...

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ACC-PLI: MHI holds stakeholder consultation for balance 20GWh capacity

The Ministry of Heavy Industries, Government of India on Monday concluded a stakeholder consultation regarding re-bidding of balance 20GWh (of 50GWh) Advanced Chemistry Cell (ACC) ...

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