News

Ultium Cells, a joint venture by General Motors (GM) and LG Energy Solution, has begun delivering the first battery cells to the General Motors assembly plant in Tennessee.

Panasonic Energy and Indian Oil are in talks about a joint venture for cylindrical lithium-ion batteries for two- and three-wheelers as well as energy storage systems in India.

Construction of the 4.5-billion-euro "Northvolt Drei" battery factory has begun in Heide. It is set to reach its full annual capacity of 60 gigawatt-hours by 2029.

South Korean battery manufacturer SK On is in talks with Nissan Motor about joint production of battery cells for the Japanese automaker in the US.

US manufacturer American Battery Factory (ABF) will be purchasing automation technology and machines from Chinaʼs “LEAD Intelligent Equipment” for its first gigafactory in Arizona.

German battery company CustomCells has founded a subsidiary in Detroit for its US market activities. An innovation, research and development center and a production facility could also be established there.

Israeli battery developer StoreDot will be working together with Chinese battery manufacturer EVE Energy to make its XFC cells ready for series production later this year.

Tesla supplier Panasonic is considering increasing its investment in battery production in Kansas, USA, where it has started constructing its second plant in De Soto for four billion US dollars.

BMW has started construction of a production facility for high-voltage batteries in Rayong, Thailand. The 40-million-euro project is to be followed by the production of all-electric vehicles in 2025.

Agratas, part of Tata Group, has chosen Gravity Smart Campus near Bridgwater in the southwest of England as the location for its first battery cell gigafactory outside India.

Lead Intelligent Equipment (LEAD) has opened a European central warehouse in Germany to improve the distribution of spare parts through shorter delivery times and more efficient routes.

Battery manufacturer ACC has completed a capital raise of 4.4 billion euros for the construction of three gigafactories in France, Germany, and Italy, as well as to fund research.