In Short : Hyundai and Kia have partnered with Exide Energy to source India’s first locally made lithium-iron-phosphate (LFP) battery cells for their upcoming EVs. Exide’s Bengaluru plant will supply the cells starting late 2024. This move supports India’s EV localization push and marks a major step for Exide in shifting from lead-acid to advanced […]
According to reporting by BusinessKorea and other news agencies, Samsung SDI, which is the battery manufacturing subsidiary of Samsung, announced on May 25 that it will begin developing large-sized, all-solid-state battery cells in 2025 and have prototypes ready by the end of the same year. Furthermore, the mass production of all-solid-state cells is scheduled for […]
The agency added the world’s capacity to make battery cells has expanded rapidly in recent years and currently manufacturing operations globally can produce around 320 GWh of batteries per year for use in electric cars New Delhi: The world needs battery manufacturing capacity of 1,000 Gigawatt hour (GWh) per year by 2025 to meet the […]
As it prepares to break ground on a ‘Gigafactory’, energy storage system provider Tesvolt has said that gaining certification across diverse regions remains the biggest challenge in forming strategy today. The company seeks to serve “all applications you need in the world”, with its battery energy storage systems, according to CEO Daniel Hannemann, who spoke […]
The two countries have earmarked 1.7 billion euros ($1.9 billion) to support company alliances to help reduce European carmakers’ dependence on Asian suppliers France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a […]