News

Swedish battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US with debts of 5.8 billion dollars and only 30 million dollars in cash.

US battery cell manufacturer Lyten has acquired the production assets of former lithium metal battery manufacturer Cuberg in California and will be converting the facility to lithium-sulfur battery production.

LG Energy Solution will be supplying 4695-size cylindrical batteries with a total capacity of 67 gigawatt-hours to US automotive manufacturer Rivian over a five-year period.

Volvo Cars has announced that it will take full control of NOVO Energy, its battery joint venture with Northvolt, exercising its right to buy back shares.

The German Federal Cartel Office has approved Porscheʼs acquisition of a majority stake in Vartaʼs V4Drive Battery GmbH subsidiary.

Chinese battery manufacturer SVOLT Energy has confirmed that it will cease operations in Europe. The decision affects the European company and its German subsidiary and will take effect on 31...

NextStar Energy, a joint venture between South Korean battery cell manufacturer LG Energy Solution and Stellantis, has started production of battery modules in Windsor, Ontario. Construction of the facility began...

According to Indonesian state media, the Indonesia Battery Corporation (IBC) and CBL International Development, a subsidiary of Chinese battery manufacturer Contemporary Amperex Technology Co (CATL), have formed a joint venture....

Lyten will invest more than one billion US dollars in building the world's first lithium-sulfur battery factory in Nevada – with an annual capacity of up to ten gigawatt-hours.

LG Energy Solution will supply batteries for electric versions of Ford commercial vehicles in Europe starting in 2026. This is the result of an agreement between the South Korean battery...

Swedish battery manufacturer Northvolt apparently is in talks with investors and lenders to secure short-term financing of around 200 million euros.

The Spanish government has promised a 133 million-euro grant to car manufacturer Stellantis for a potential battery gigafactory near Zaragoza, bringing its total support to almost 300 million euros.