Tag:

EV battery

Li-ion battery market to exceed $400 bn amid falling costs and rising demand

The size of the lithium-ion battery market will become more than $400 billion by 2035, according to a recent report from IDTechEx. Alex Holland, Research...

Group14 Technologies selected for $200 mn DOE award to boost silicon battery manufacturing

Group14 Technologies, a leader in silicon battery materials, has been selected for an award negotiation of up to $200 million by the U.S. Department...

Japan to boost EV battery production with $2.4 bn in subsidies

Japan has announced plans to provide up to $2.4 billion in subsidies to support the production of electric vehicle (EV) batteries, aiming to strengthen...

EV battery reuse market to reach $11.44 bn: What’s driving it?

The EV battery reuse market size is projected to reach $11.44 billion, growing at a CAGR of 46.6 percent from 2024 to 2032, led...

Samsung SDI and General Motors to build $3.5 bn EV Battery Factory in Indiana

South Korea’s Samsung SDI has finalized an agreement with General Motors (GM) to construct a joint electric vehicle (EV) battery factory in Indiana, USA....

Mercedes-Benz to invest €14 bn for driving EV battery development

Mercedes-Benz plans to invest €14 billion in 2024, focusing on research and development, and enhancing its production facilities. A substantial portion of this investment...

Nissan Motor to Ramp Up Solid-State Battery Production by Early 2029

Nissan Motor, the popular automotive manufacturer in Japan, is set to embark on large-scale production of solid-state batteries for electric vehicles, with plans to...

China’s EV Battery Market Rebounds with Stability: TrendForce Analysis

China’s electric vehicle (EV) battery market has experienced a resurgence of stability in prices since February, according to the latest analysis by TrendForce. March witnessed...