AESC Receives EU Approval for State Aid in France
The European Commission will be funding the construction of a gigafactory by AESCʼs French subsidiary in Douai with 48 million euros.
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Octillion Inaugurates Battery System Facility in Nevada
US-based Octillion Power Systems has inaugurated a 3,700-square-meter plant for the production of battery systems with an annual capacity of up to one gigawatt-hour in Reno.
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Volvo Cars Acquires Northvoltʼs Stake in NOVO Energy
Volvo Cars has taken full control of the battery joint venture NOVO Energy by acquiring the shares of Northvolt, which had already stopped funding most of its joint ventures in 2024.
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Spiro Partners with Ace Green Recycling in Africa
The US-based company Ace Green Recycling and local electric mobility provider Spiro have announced a collaboration to promote battery recycling in Africa.
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ProLogium Receives Permits for Battery Factory in France
ProLogium from Taiwan has received approval for its planned gigafactory in Dunkirk, France, where mass production of its lithium ceramic batteries is set to begin in 2027.
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Nissan to Source Batteries from SK On for US Market
Nissan plans to expand its production in the USA and to therefore purchase batteries for around 300,000 electric vehicles from South Korean manufacturer SK On, starting in 2028.
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United States Support Forge Battery Gigafactory Expansion
Forge Battery will receive a grant of 100 million dollars from the US Department of Energy for financing the expansion of its existing gigafactory in North Carolina.
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ICL to Build LFP Cathode Material Production in Spain
Israeli raw materials group ICL is planning to build a production facility for lithium iron phosphate (LFP) cathode material in Spain for approximately 285 million euros.
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BMBF Provides Interim Funding for Battery Research
The German Federal Ministry of Education and Research (BMBF) is providing up to 25 million euros for battery research to bridge the gap following the discontinuation of all funding.
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“alteva” Raises 1.7 Million Euro for Ultra-Lightweight Batteries
German start-up company “alteva” has completed financing of 1.7 million euros for the development of ultra-lightweight batteries for electric aircraft and trucks.
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