It would potentially support the launch of Ultium-based Prologue EVs. Honda and LG Chem’s LG Energy Solution (LGES) might build a joint venture lithium-ion battery cell gigafactory in the U.S. The unofficial report about the reportedly planned investment was shared by South Korea’s Maeil Business Newspaper on Friday. According to the article, the joint venture […]
Batteries
Swedish Super Factory Debuted First Lithium-Ion Battery before the end of 2021 – EQ Mag Pro
Swedish battery manufacturer Northvolt announced on the 29th that it has assembled the first lithium-ion battery at the Ett super factory in Skelleftea, and has managed to meet the target of battery production before the end of 2021. Although lithium-ion batteries are mainly manufactured in Asia and the US, the company is hopeful that it […]
Sub-Subsidiary of Gotion Hi-Tech Secures a 200GWh Battery Order from Undisclosed American Carmaker – EQ Mag Pro
Chinese battery manufacturer Gotion Hi-Tech Co. Ltd. announced on December 20 that its overseas sub-subsidiary Gotion Inc. has entered into a “strategic supply and localization agreement” with an undisclosed carmaker based in the US. Under the agreement, Gotion will be the carmaker’s strategic supply partner for LFP batteries. According to the announcement, Gotion will be […]
Vedanta Aluminium signs pact with GEAR India for electric forklifts – EQ Mag Pro
The aluminium business of Vedanta has entered into a pact with GEAR India to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts in the country. The company will commission 23 such forklifts in a phased manner over the next few months at its aluminium smelter in Jharsuguda, Odisha, which is one of […]
Rio Tinto strikes USD-825m lithium project deal in Argentina – EQ Mag Pro
Anglo-Australian mining group Rio Tinto Plc (LON:RIO) has signed a binding agreement to buy for USD 825 million (EUR 729.4m) a large undeveloped lithium brine project in Argentina. The company announced the deal for the Rincon lithium project last week and said it comes in line with its plan to build its battery materials portfolio. […]
Attero to invest Rs 300 cr to ramp up lithium-ion battery recycling capacity to 11,000 tons
NEW DELHI : E-waste recycling firm Attero is planning to invest Rs 300 crore in a bid to increase its existing lithium-ion battery recycling capacity by 11 times to 11,000 tons by the end of 2022, a top company official said. According to the market estimates, India generates more than 50,000 tons of lithium-ion battery […]
Luminous Power Technologies partners with Gridtential to provide affordable batteries in India
New Delhi : Luminous Power Technologies, a leader in power backup and home electricals in India, today announced a formal evaluation agreement with Gridtential Energy, the inventor of Silicon Joule® bipolar battery technology. The partnership is another milestone in the continued adoption of Silicon Joule in the fast-growth energy storage solutions market. The demand and […]
EV Battery Tech Announces Acquisition of Large-Scale Crypto Mining Infrastructure Company – EQ Mag Pro
The Company Continues to Increase its Exposure to Cryptocurrency by Acquiring Development Rights to Power and Infrastructure for 1,000 ASIC Miners in Canada VANCOUVER : Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) (OTCQB: CRYBF) is pleased to announce that on November 22, 2021 it entered into a Share Exchange […]
GM exploring electric boats, buys 25% stake in engine maker Pure Watercraft – EQ Mag Pro
General Motors is testing the water in electric boating by buying a 25 per cent stake in a Seattle company that makes battery-powered outboard motors. The Detroit automaker said Monday that it bought the stake in Pure Watercraft for a venture that it says will develop and commercialise battery electric watercraft. Pure Watercraft, founded in […]
KiloVault Unveils 4th Generation HAB Deep-Cycle Lithium Battery – EQ Mag Pro
KiloVault®, a provider of innovative and affordable residential and commercial renewable energy solutions, today unveiled the fourth iteration of their HAB(™) series of wall-mount energy storage systems. The HAB(™) V4 provides the same powerful 7.5 kilowatt-hours of storage, safety, and expandability of its predecessors, with some key improvements. “This iteration of the HAB, being certified […]