Varta is on the verge of a comprehensive financial restructuring, including a debt cut and capital injection. Meanwhile, Porsche is planning to acquire a majority stake in Vartaʼs “V4Drive Battery” subsidiary.
Varta Faces Financial Overhaul and Investment by Porsche Read More »
Through 2024, the US will invest around 43 million dollars in projects to reduce manufacturing costs and improve safety of electric vehicle batteries.
USA Award 43 Million Dollars to Battery Research Read More »
Chinese company Geely has developed lithium iron phosphate (LFP) batteries for its Zeekr electric vehicles that can be charged from ten to 80 percent within 10.5 minutes.
Zeekr Presents LFP Batteries with 5.5C Fast Charging Read More »
SES AI Corporation claims to be the first company in the battery development industry to have reached the Chinese electric mobility safety regulations with lithium-metal batteries.
SES AI Receives Safety Certification for Lithium Metal Batteries Read More »
UL Solutions has commissioned one of the United Statesʼ largest battery testing labs for electric and hybrid vehicles as well as industrial applications in Auburn Hills, Michigan.
UL Solutions Opens Battery Testing Lab in Michigan Read More »
Avesta Battery and Energy Engineering (ABEE) has started series production of lithium metal anodes and plans to further develop its technology in collaboration with battery manufacturers.
ABEE Begins Mass Production of Lithium Metal Anodes Read More »
With an annual capacity of 80,000 tons, BTR New Material Group from China has started production at its new anode materials plant for lithium-ion batteries in Indonesia.
BTR Starts up Anode Plant in Indonesia Read More »
German battery developer Nacelle has launched a pilot production line for sodium-ion batteries, claiming to be the first company in Germany to produce the technology in its own facilities.
Nacelle Opens Sodium-Ion Battery Pilot Line Read More »
US-based battery technology developer Group1 has announced the launch of what it claims to be the worldʼs first 18650 form factor potassium-ion battery.
Group1 Unveils 18650 Form Factor Potassium-Ion Battery Read More »
Toyota Motor is planning to build a battery factory for electric vehicles in Japan’s Fukuoka Prefecture, according to a report in the Nikkei Business Daily. The batteries would be supplied to a plant that makes vehicles under the company’s Lexus brand. Toyota intends to make Kyushu Island, where Fukuoka is located, a central part of its battery supply chain. At the same time, Kyushu will serve as an export base for the Asian region. The plant would likely be operated by Primearth EV Energy. This is a subsidiary of Toyota that specializes in battery production. Exact investment costs and the start of construction of the plant have not yet been determined, according to Nikkei. The newspaper obtained information about the project from unnamed sources. Toyota itself has not yet commented on the report. Source:https://www.reuters.com/business/autos-transportation/toyota-motor-build-ev-battery-plant-fukuoka-nikkei-says-2024-07-26/
Toyota plans Battery Factory for Lexus Electric Cars Read More »
