Electric Vehicle
IEA forecast on EV battery demand
The electric vehicle (EV) battery market is projected to experience significant growth, with demand expected to surpass 3 TWh by 2030, up from approximately...
Electric Vehicle
India accelerates EV adoption, targets one-third electrification
India’s EV sector is poised for significant growth, driven by government policies and incentives. The IEA projects that by 2030, 1 in 8 vehicles...
Electric Vehicle
IEA’s report on electric car market projections
The global electric vehicle (EV) market continues to experience impressive growth, with sales surpassing 17 million in 2024 and projections indicating more than 20...
Electric Vehicle
LG Energy launches startup program
LG Energy Solution has launched its Open Submission for Startup (OSS) program, inviting startups globally to propose innovative solutions in the energy sector.
The program,...
Electric Vehicle
Nissan cancels $1.1 billion EV battery plant in Japan
Nissan has decided to cancel the planned $1.1 billion LFP battery plant in Kitakyushu, Fukuoka Prefecture. The plant was initially set to start operations...
Electric Vehicle
Foxconn-Mitsubishi Motors partnership shows shifts in EV market trends
Foxconn’s subsidiary, Foxtron Vehicle Technologies, announced its memorandum of understanding (MOU) with Mitsubishi Motors marking a significant development in the electric vehicle (EV) industry...
Electric Vehicle
How LG Energy plans to mitigate Donald Trump’s tariffs
LG Energy Solution plans to mitigate the impact of Donald Trump's tariffs by streamlining operations and reducing costs across its business.
The company intends to...
Electric Vehicle
LG Energy forms JV with Derichebourg to advance battery recycling
LG Energy Solution announced its joint venture with Derichebourg, marking a significant strategic move in Europe’s fast-evolving battery recycling sector.
The announcement comes at a...