In Short : A German company is giving a “second life” to used electric vehicle (EV) batteries by repurposing them for energy storage and sustainable applications. This approach extends battery lifespan, reduces electronic waste, and supports renewable energy integration. The initiative highlights innovative solutions in the circular economy, promoting environmental sustainability while maximizing the value […]
JSW MG Motor India & LICO Materials launches BESS using reconditioned EV batteries – EQ
In Short : JSW MG Motor India and LICO Materials have launched a Battery Energy Storage System (BESS) using reconditioned MG ZS EV batteries under ‘Project Revive.’ Available in 18kWh to 300kWh capacities, the BESS cuts operational costs by 60% and promotes battery reuse. The initiative supports sustainability by extending battery life and advancing India’s […]
Atul Greentech Ties Up with Amara Raja for EV Batteries, Chargers – EQ
In Short : Atul Greentech, a unit of Atul Auto, has partnered with Amara Raja Group to supply Lithium Iron Phosphate (LFP) battery packs and chargers for its electric three-wheelers. The batteries will be produced at Amara Raja’s Giga Corridor facility in Telangana. The collaboration also includes plans to develop advanced chemistry cells, supporting India’s […]
Philipines says preferential trade agreement with India under consideration; island nation urges Indian businesses to source nickel – EQ
In Short : The Philippines is considering a preferential trade agreement (PTA) with India to boost bilateral trade. The island nation also urged Indian businesses to source nickel, a key mineral for EV batteries and renewable energy. As a top nickel producer, the Philippines aims to strengthen ties with India, supporting its energy transition goals […]
Battery recycling takes the driver’s seat – EQ Mag
Electric-vehicle demand is accelerating rapidly and so is the need for EV batteries. As these batteries reach end-of-life, significant growth opportunities in the recycling space are emerging. As electric mobility increases globally, so does the need for electric-vehicle (EV) batteries. This demand has led to considerable growth in battery production, with over five terawatt hours […]
Second Wind for Discarded EV Batteries as 1,300 Batteries Form a 25MWh Energy Storage System Plant – EQ Mag
There will be several millions of discarded EVs awaiting disposal after a few years, and the li-ion batteries contained within these EVs can actually be used for something else other than being recycled, reused, and remade into new batteries. A large solar and energy storage hybrid system that is recently established in California is formed […]
China’s CATL to provide EV batteries for Honda starting in 2024 – EQ Mag
TOKYO : Honda Motor Co said on Thursday that Chinese battery giant CATL would supply batteries for seven years for its electric vehicles (EV) in China. The Japanese automaker said the Chinese firm would provide 123 GWh worth of batteries starting in 2024 through 2030 for the Honda’s e:N Series. The announcement is part of […]
Centre collaborates with think thank to push production of EV batteries in India – EQ Mag
New Delhi : The Centre’s Department of Science and Technology (DST) and green think tank Centre for Science and Environment (CSE) have collaborated to create a platform that will support the development of new electric vehicle (EV) batteries to suit Indian requirements. A white paper will be prepared on a roadmap to develop new battery […]
Mazda to invest $11 bln by 2030 to procure EV batteries: Nikkei – EQ Mag
TOKYO : Japan’s Mazda Motor Corp (7261.T) on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery production. The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030, as automakers worldwide spend […]
ANZ to lend Hyundai-LG Energy JV $711 mln to make EV batteries – EQ Mag Pro
Australia and New Zealand Banking Group ANZ.AX has set up a $711-million lending facility for a joint venture between Hyundai Motor 005380.KS and LG Energy Solution 373220.KS that makes batteries for electric vehicles (EV) in Indonesia. ANZ said on Friday the lending facility for the joint venture HLI Green Power is a 10-year Korea Trade […]