Tag:

EV battery

Stellantis and CATL to build €4.1 bn EV battery plant in Spain

Stellantis and Chinese battery giant CATL have announced a €4.1 billion ($4.33 billion) joint venture to establish electric vehicle (EV) battery factory in Zaragoza,...

Rivian signs EV battery deal with LG Energy

LG Energy Solution’s (LGES) subsidiary in Arizona has signed a battery supply agreement with U.S.-based electric vehicle (EV) manufacturer Rivian. Under the contract, LGES will...

LG Energy revenue drops 16% as EV battery sales dip in Q3

LG Energy Solution has reported revenue of KRW 6.8778 trillion in Q3 2024, up 11.6 percent from the previous quarter but down 16.4 percent...

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)...

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...