US DOE offers $1.7 bn to retool closed auto plants into EV and component units

The US Department of Energy (DOE) announced $1.7 billion in funding support for auto companies to convert 11 closed or at-risk auto units to manufacture electric vehicles and their... Read More

Stellantis ramps-up transition to eDCT hybrids: 30 models coming this year

Euro-American automaker Stellantis announced plans to ramp-up production of hybrids -- especially those with the company's newest, eDCT advanced hybrid technology -- in response to... Read More

BYD to set up $1 bn EV plant in Turkey, ensuring access to European markets

BYD, the world's largest electric car maker, has agreed to invest $1 billion to set up a manufacturing plant in Turkey, with a deal signed in Istanbul between Fatih Kacır Mehmet, T... Read More

IESW 2024: CES-Shakti Foundation unveil imperatives for a robust supply chain

The second day of the India Energy Storage Week 2024 saw Customized Energy Solutions and Shakti Foundation unveil their findings from stakeholder consultations on Indian EVs a... Read More

IESW 2024: Strengthen capital goods supply chain and skilled workforce to drive battery manufacturing growth

The second session Battery Cell Manufacturing, Upcoming Gigafactories, and other Advanced Battery Manufacturing on Day 2 of the India Energy Storage Week, 2024, focu... Read More

IESW 2024: Plenary session offers ways to accelerate India's mobility transition

The plenary session on Day 1 of India Energy Storage Week 2024 -- dedicated to EVs -- was on the topic 'way forward to accelerate e-mobility, manufacturing, R&D and s... Read More

IESW 2024: Tremendous investment opportunity in India’s EV value chain

The Day 2 of the inaugural session at India Energy Storage Week 2024 examined India's Roadmap for Vehicle Electrification, the impact of Central and State government policies on el... Read More

ExxonMobil, SK On ink non-binding agreement for the supply of Mobil Lithium

ExxonMobil has signed a non-binding memorandum of understanding with South Korean EV battery manufacturer, SK On, to secure a multiyear offtake agreement to supply up to 100,000 me... Read More

magniX forays into aerospace battery biz with magniX Samson battery line

US-based electric propulsion system manufacturer, magniX has entered into aerospace battery business with the launch of its latest battery product, magniX Samon batteries. The... Read More

​Amara Raja licenses prismatic, cylindrical cell technology from Gotion subsidiary GIB

Amara Raja announced it had tied up with leaing global battery manufacturing company Gotion High-Tech for LFP cell technology. The agreement was signed between Amara Raja Adva... Read More
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