Due to declining sales figures for electric vehicles and the discontinuation of government subsidies, SK On has terminated its joint venture with Ford in the United States.
SK On and Ford End Battery Joint Venture in the U.S. Read More »
South Korean battery manufacturer Samsung SDI is set to supply lithium iron phosphate (LFP) batteries for stationary energy storage systems to North America for around 1.36 billion US dollars.
Samsung SDI Receives Billion-Dollar Order for LFP Batteries in the USA Read More »
French chemical company Arkema and Chinese separator specialist SEMCORP intend to jointly accelerate the development of battery separators in the future.
Arkema and SEMCORP to Collaborate on Battery Separators Read More »
Under a new one-billion-dollar contract, LG Energy Solution will supply Mercedes-Benz with batteries in Europe and North America from 2028 to 2035.
LG Signs Another Battery Supply Agreement with Mercedes-Benz Read More »
Farasis Energy will equip two European models of the Chinese “GAC Aion” car brand with battery systems based on lithium iron phosphate (LFP) cells.
Farasis to Supply Battery Systems for GAC Aion Models in Europe Read More »
POSCO Future M from South Korea and Factorial from the USA are planning to collaborate on the development of materials for solid-state batteries.
POSCO and Factorial to Collaborate on Solid-State Batteries Read More »
Australian company Vulcan Energy Resources has secured total financing of around 2.2 billion euros for its Lionheart project to gain lithium from the Upper Rhine Graben in Germany.
Vulcan Energy Secures Financing for German Lithium Project Read More »
German company Accurec claims it has opened the first recycling plant in Europe capable of recovering lithium from all types of such batteries.
Accurec Opens All-round Recycling Plant for Lithium Read More »
EcoPro from South Korea has opened a 440,000-square-meter plant in Hungary to produce cathode material for around 600,000 electric vehicle batteries per year.
EcoPro Launches Cathode Material Production in Hungary Read More »
Hyundai is planning to complete construction of its own 818-million-dollar Future Mobility Battery Campus development center in South Korea in late 2026.
Hyundai Building Own Battery Development Center Read More »
