PPG opens $30-million EV battery pack application center in China

Automotive paints and coatings company PPG has announced the inauguration of its battery pack application center (BPAC) in Tianjin, China. The $30-million worth ... Read More

Tesla rival Lucid raises $3 billion amid falling sales

Electric vehicle maker Lucid Group announced plans to raise about $3 billion through a stock offering, in a move seen as stockpiling cash ahead of a likely price war with Tesla. Al... Read More

Comau developing automated system for battery recycling, second-life repurposing

Italian automation firm Comau has announced its continued participation in EU's Flexible Battery Dismantling 'Flex-BD' project for the second year, to help deliver a fund... Read More

Tesla's Model Y becomes best-selling car globally, first EV to bag crown

Tesla had the top-selling vehicle globally in the first quarter of this year, data from Jato Dynamics shows. The company's Model Y beat Toyota's Corolla sedan and RAV4 compact SUV ... Read More

Canada invests CAN$300 million in GM-POSCO Chemicals battery materials plant

Canada will invest CAN$300 million in a plant being set up by General Motors and POSCO Chemicals to manufacture battery materials, the country announced. America's GM and South Kor... Read More

TEPCO, Toyota to pilot stationary storage battery system using EV batteries

Tokyo Electric Power Company Holdings, Inc. and Toyota Motor Corporation have developed a 3 MWh stationary storage battery system with an output of 1 MW made out of ... Read More

Stellantis invests in Lyten’s lithium-sulfur EV battery technology

Stellantis Ventures, the corporate venture fund of Stellantis N.V. announced that it has invested in California-based material innovations company, Lyten Inc. (Lyten) to speed up t... Read More

Webasto presented EV batteries, thermal solutions at Battery Show Europe 2023

German auto technologies firm Webasto showcased its extensive range of electromobility products at the Battery Show Europe in Stuttgart that ended yesterday. The company's dis... Read More

Hyundai, LG Energy announce $4.3 billion battery cell plant in the US

Hyundai Motor Group and LG Energy Solution (LGES) will together build an EV battery cell manufacturing facility in the US at an investment of over $4.3 billion, the companies annou... Read More

Microvast loses $200 million US grant over China concerns

The US Department of Energy has withdrawn a $200 million grant to US battery maker Microvast, citing concerns over the company's connections with China. The grant was aimed at help... Read More
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