General Motors, Samsung SDI agree on $3.5 billion, 36 GWh EV battery cell plant in Indiana, USA

GM Chair Mary Barra chats with Samsung SDI CEO Yoon-ho Choi after signing an EV battery agreement in 2023. Image: Samsung SDIsigning an MOU on a joint EV battery plant in the U.S. in March 2023.

Samsung SDI and General Motors have finalized their agreement for a joint venture factory to supply electric vehicle (EV) batteries in the United States. The joint venture plant wi...

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FM bypasses EVs in Budget; abolishes duty on critical minerals to support domestic refining

Union Finance Minister Nirmala Sitharaman delivered a mixed bag for the country's auto and electric mobility industry, by avoiding specific, new measures for either the traditional...

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Gotion showcases EV batteries that charge to 80 percent in > 10 mins

Image: Gotion

China's Gotion High-Tech might have stolen a march on the rest of the world, including homegrown rival CATL, with the development of a car battery that can go from zero to 80 perce...

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'Our vision is to build the Apple and Northvolt of India’

With a razor-sharp focus on Li-ion cell product design and tech development, the International Battery Company is on a mission to electrify India's mobility sector. In an exclusive...

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Hyundai Motor, Kia strike strategic partnership with Indian battery major, Exide Energy

Making inroads into India's battery development and production ecosystem, Hyundai Motor Company and Kia Corporation announced earlier today (April 8) that they have entered a ...

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BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

Image Courtesy: Yahoo Finance

Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S...

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Panasonic Energy partners with NOVONIX for securing supply of synthetic graphite

An image of Novonix's proprietary graphite furnace.

Panasonic Energy (Panasonic Group), the global leader in innovative battery technology said that it has signed a binding offtake agreement with Australia-based NOVONIX Lt...

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EU approves €902 mn aid for Northvolt's EV battery plant in Germany

A 3D rendering of Northvolt Drei, the company's upcoming EV battery giga factory in Germany: Northvolt

Decision helps keep the plant in Europe in the face of competing incentives from America The European Union has approved €902 million in aid for Swedish company Northvolt to set up...

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Gotion InoBat signs deal to set up 20 GWh capacity EV battery plant in Slovakia

The Slovak government and Gotion InoBat Batteries signing their deal, on November 22. Image: Slovak Government Office

Slovakia has signed a memorandum of understanding with Chinese electric vehicle battery maker Gotion High-Tech to build an EV battery plant in the European nation, the country's ec...

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Gotion to set up $2 billion lithium battery manufacturing plant in the U.S.

China's Gotion High Tech Co ltd on Friday said the company will set up a new state-of-the-art $2 billion lithium battery manufacturing plant in Manteno, Illinois. Covering about 15...

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