News

The Slovakian government has signed an investment agreement with Gotion InoBat Batteries, including the provision of a more than 100-hectare construction site for the planned gigafactory.

German auto maker BMW has obviously canceled a billion-dollar order with Swedish battery manufacturer Northvolt due to delays in the production of prismatic cells.

Gotion High-tech from China plans to build the first gigafactory for electric vehicles in Morocco. The projectʼs total value is estimated at 1.2 billion euros.

InoBat has begun producing battery cells in western Slovakia with equipment by Wuxi Lead and is planning to build a gigafactory in southern Slovakia with Gotion High-Tech from China.

Daimler Truck, Cumminsʼ “Accelera” business unit and U.S. truck manufacturer Paccar have founded the “Amplify Cell Technologies” joint venture, planning a new gigafactory.

Battery joint venture ACC, backed by Stellantis and Mercedes, has suspended work on its cell factories in Germany and Italy due to a switch to cheaper batteries.

Porsche is hesitating to build a battery cell factory in Brandenburg. According to Tagesspiegel Background Verkehr, the supervisory board will decide on June 7 to temporarily suspend the project. Recently,...

For the duration of ten years, CATL will be working with the Chinese start-up company Neta Auto in areas such as zero emissions, battery replacement, battery recycling, and market development.

French battery manufacturer Verkor has secured 1.3 billion euros in financing for its new battery cell factory in northern France. The plant is scheduled to go into operation in 2025.

Chinese battery manufacturer SVOLT has abandoned its plans to set up a German production facility in Brandenburg due to uncertainties in the automotive market.

Tesla has begun construction of a 204-million-dollar battery production facility in Shanghai which will manufacture megapack-energy storage units.