News

US battery company Lyten has entered into a binding agreement to acquire the remaining Northvolt assets in Sweden and Germany. These include the Northvolt Ett and Ett Expansion plants in...

US lithium-sulfur battery manufacturer Lyten has raised over US$200 million in additional equity capital. The funds will primarily finance the company’s expansion and acquisition strategy in Europe and the US....

Tesla has signed a 4.3 billion-dollar supply contract with LG Energy Solution concerning lithium iron phosphate batteries for Tesla’s stationary energy storage systems from 2027.

Chinese battery manufacturer Farasis Energy has begun pilot production of sulfide-based solid-state batteries. The company plans to deliver the first sample cells, with a capacity of 60 Ah, to strategic...

Panasonic Energy has opened a U.S.-based factory for the production of cylindrical lithium-ion batteries and aims to reach an annual capacity of 32 gigawatt-hours.

General Motors intends to produce battery cells based on lithium iron phosphate (LFP) in its Ultium Cells joint venture with LG Energy Solution in Tennessee.

The European Commission will support six projects for electric vehicle battery cells from France, Germany, Sweden, and Poland with 852 million euros from the Innovation Fund.

LEAD Intelligent Equipment from China has unveiled a system especially designed for industrial mass production for dry coating of lithium battery anodes and cathodes.

Following the planned takeover of the insolvent CustomCells Group, operations at the main site in Itzehoe will largely continue, while the plant in Tübringen will remain closed.

Chinese battery manufacturer EVE Energy plans to invest the equivalent of 1.2 billion US dollars in a new 484,000-square-meter plant for energy storage system batteries in Malaysia.