Tag:
EV battery
Electric Vehicle
Indonesia Battery and CATL form JV to build $1.18 bn battery plant
Indonesia Battery Corporation (IBC) and CBL International Development, a unit of Chinese battery giant Contemporary Amperex Technology (CATL), have formed a joint venture (JV)...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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...
Electric Vehicle
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....
Electric Vehicle
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...
Electric Vehicle
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...