Stellantis, LG Energy Solution invest $5 billion CAD for Li-ion battery plant in Canada

Stellantis N.V. and LG Energy Solution (LGES) have finalized binding and definitive agreements to establish their first large-scale EV battery manufacturing facility in Canada. The...

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GM, POSCO Chemical establishing a new CAM production facility in Canada

General Motors and POSCO Chemical have announced a $400 million production facility in Bécancour, Quebec to supply cathode active material (CAM) for GM's 'Ultium' batteries in Nort...

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BASF acquires site for battery materials and recycling facility in Canada

Germany-based BASF's Catalysts division has announced the signing of an agreement to secure land for its future cathode active materials (CAM) and recycling site in Bécancour, Queb...

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Proterra, Scale Microgrid Solutions to develop solar-battery microgrid supported EV fleet charging

To help power Santa Clara Valley Transportation Authority's (VTA) complete transition to zero-emission bus fleet, Proterra and Scale Microgrid Solutions are coming up with an innov...

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GM stepping-up EV manufacturing with $6.6 billion investment in Michigan

American automaker General Motors Co. is targeting more than 1 million units of EV production capacity in North America by the end of 2025. The company is strategizing its vehicle ...

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