News

Daimler Truck has entered into a partnership to produce battery cells for electric commercial vehicles and industrial applications in a US gigafactory worth up to three billion dollars.

Scania's battery assembly plant in Södertälje has started operations. The 125-million-euro project is located close to the chassis assembly of the Swedish commercial vehicle and bus manufacturer.

Volkswagen partner Gotion High-Tech from China is acquiring a 25-percent stake in Slovakian battery company InoBat. Early in 2023, the two companies had already agreed on establishing a battery plant...

Porsche may be considering building its large battery cell factory in Brandenburg, Germany. Recently, rumors had circulated that Porsche might plan a move to North America.

Hyundai Motor Group and LG Energy Solution have decided to increase their investment in their 30-gigawatt-hour battery factory in Georgia, USA, by two billion dollars.

Reliance Industries Limited (RIL) plans to enter the battery manufacturing sector and aims to build a gigafactory for lithium iron phosphate (LFP) batteries by 2026.

BMW Group has started construction of a logistics center for high-voltage batteries outside its plant site in Leipzig, Germany. The planned site covers twelve hectares.

Northvolt has produced its first battery system for stationary energy storage systems at its Northvolt Dwa plant in Poland. The company has also announced a $1.2 billion financing.

The "Automotive Cells Company" (ACC) is in early talks with officials in Canada and the United States. The European joint venture of Stellantis, Total Energies and the Mercedes-Benz Group is...

Chinese company Sunwoda Electronic plans to build a battery factory for electric vehicles in Hungary. In an official announcement to the Shenzhen Stock Exchange, Sunwoda said its initial investment of...