Budget 2022: Energy storage, EV, and related industries pinning high hopes

IESA's Executive Director Debi Prasad Dash, in his recommendations to Union Finance Minister Nirmala Sitharaman has outlined key policy measures and suggestions from the domestic c...

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Mercedes-Benz, ProLogium to jointly develop next-gen solid-state EV batteries

German automaker Mercedes-Benz has announced the signing of a technology cooperation agreement with Taiwan-based ProLogium to develop next-generation battery cells. The new partner...

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Ultium Cells investing $2.6 Billion on its third battery cell manufacturing facility in US

Ultium Cells, a joint venture of LG Energy Solution and General Motors, has announced a $2.6 billion investment to build its third battery cell manufacturing plant at Lansing, Mich...

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Britishvolt’s Northumberland gigaplant project gets UK government’s support

UK's leading investor in battery cell technologies and associated R&D Britishvolt has announced that its first full-scale EV battery Gigaplant in Northumberland is receiving su...

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Foxconn, Gogoro, IBC, and Indika to jointly develop new energy ecosystem in Indonesia

Global electronics major Foxconn (Hon Hai Technology Group) has signed an MoU with the Indonesian Ministry of Investment (BKPM), PT. Industri Baterai Indonesia (IBC), PT. Indika En...

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IonQ, Hyundai Motor collaborates to use quantum computing to advance next-gen batteries

IonQ and Hyundai Motor Company have announced a partnership to develop new variational quantum eigensolver (VQE) algorithms to study lithium compounds and their chemical reactions ...

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24M Technologies, Volkswagen Group partners for next-gen EV battery manufacturing

24M Technologies, Inc. (24M) has announced that it has closed its deal with Volkswagen Group (VWAG). Through the strategic partnership, VWAG will manufacture next-generation lithiu...

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IESA launches India Battery Supply Chain Council; Calls battery storage a trillion-dollar opportunity

With the aim of developing a holistic ecosystem for the supply chain of batteries in the country, India Energy Storage Alliance (IESA), India's leading industry alliance focused on...

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DHI releases RFP inviting bidders for PLI scheme on ACC battery storage

IESA expects at least 5-10 giga factories to come up in the next five years under the PLI scheme on ACC battery storage, with more than 10 of its member companies showing keen...

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India enters global race for giga factories

On May 12, the Union Cabinet gave a final nod to the much-awaited Production Linked Incentive (PLI) scheme for ACC battery storage, ETN magazine interviewed Dr. Rahu...

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Ambri Inc. secures $144M funding for its liquid metal battery technology

Image Courtesy: Ambri Inc.

Massachusetts-based liquid metal battery maker Ambri Inc., announced that it has secured $144 million in funding to commercialize and grow its daily cycling, long-du...

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Indian govt. to float 4000MWh of battery storage tenders

Power and Renewable Energy Minister, R K Singh has announced that the Indian government will float 4000 MWh battery storage tenders. Speaking at the CII AatmaNirbhar Bharat Co...

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Apple in discussion with China’s major automotive battery makers

Apple Inc, the world's largest technology company is said to be in early talks with China's major automotive battery maker, CATL and BYD for the supply of batteries for its pl...

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India to sign MoU with Argentina for mineral resource cooperation

The Union Cabinet chaired by Prime Minister Narendra Modi has approved a Memorandum of Understanding (MoU) that will provide an institutional mechanism for cooperation for mineral ...

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Will PLI be the ace in the ‘Make in India’ sleeve?

New avenues of growth in the RE sector and a blossoming EV market have led to a promising rise of the storage sector. Add to this, the government's efforts in promoting local ...

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