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Innovation Norway has granted Morrow Batteries a credit line worth 131 million US dollars to scale up and further develop battery production in Norway.
Volkswagen and its subsidiary PowerCo have entered into a partnership with Canadian lithium company Patriot Battery Metals for long-term supply contracts.
The US Department of Energy has granted BlueOval, a joint venture by Ford and SK On, a loan of up to 9.63 billion dollars for three battery factories in Tennessee…
By investing around one billion euros, Stellantis and Mercedes-Benz are to secure financing for the second production line of the Automotive Cells Company (ACC) gigafactory in northern France.
EVE Energy claims to have commissioned the worldʼs largest factory for the production of battery cells for energy storage systems in China with an annual volume of 60 gigawatt-hours.
The latest “Battery News” map on the development of battery cell production reveals: Europe is losing ground in global competition, and Germany is in a downturn.
US-based battery company Ascend Elements plans to produce up to 3,000 tons of recycled lithium carbonate per year with significantly lower carbon emissions.
Sionic Energy has unveiled a new battery cell based entirely on a silicon anode. By completely eliminating graphite, the energy density is increased by up to 42 percent.
Stellantis and CATL have agreed on a joint venture to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain, worth four billion euros.