In Short : Government of Andhra Pradesh has approved a ₹2,500 crore cathode manufacturing plant by NSPSL in Chittoor. The project aims to boost India’s electric vehicle supply chain, enhance domestic battery material production, and attract advanced manufacturing investments, reinforcing the state’s position as an emerging hub for clean energy and EV-related industries. In Detail […]
India Targets Complete EV Battery Value Chain Within 2–3 Years to Boost Clean Mobility – EQ
In Short : India plans to establish a complete electric vehicle battery ecosystem within the next two to three years, focusing on mining, processing, cell manufacturing, and recycling. The initiative aims to reduce import dependence, secure critical minerals, and support EV growth. The strategy will strengthen domestic manufacturing, improve supply chain resilience, and accelerate India’s […]
Exide Industries Injects ₹450 Crore into Exide Energy Solutions to Accelerate EV Battery Manufacturing – EQ
In Short : Exide Industries has infused ₹450 crore into its EV battery subsidiary, Exide Energy Solutions, to accelerate cell manufacturing and strengthen India’s electric mobility ecosystem. The investment supports capacity expansion, technology development, and project execution. It reflects growing momentum in domestic battery production, reduces import dependence, and advances India’s transition toward electrification and […]
LG Energy Solution Secures $1.4 Billion EV Battery Supply Deal with Mercedes-Benz – EQ
In Short : LG Energy Solution has signed a $1.4 billion long-term contract to supply EV batteries to Mercedes-Benz for its upcoming electric vehicle lineup in Europe and North America. The deal strengthens their ongoing partnership, supports Mercedes-Benz’s expanding EV roadmap, and reinforces LGES’s global position as a leading battery supplier amid rising global demand […]
Scratched EV battery? Your insurer may have to junk the whole car – EQ Mag
LONDON/DETROIT : For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, […]
Where Would Discarded EV Battery Go? EPA: Heading Towards a High Value Circulating System – EQ Mag
Discarded EV batteries are still functional as li-ion batteries are advantageous in low discharge rate, long life cycle, as well as high energy density in energy storage efficiency. Both EVs and large energy storage equipment are highly dependent on li-ion batteries. An estimation on service life indicates that an end-of-life (EOL) period will successively begin […]
Toyota pledges up to $5.6 billion for EV battery production, ramps up investment in North Carolina plant – EQ Mag Pro
As well as diesel and gasoline vehicles, Toyota is known for its hybrid and hydrogen fuel cell offerings. The Japanese automotive giant’s move comes as major economies lay out plans to reduce the environmental footprint of road-based transportation. Just this month, the California Air Resources Board approved a rule that will require all new car […]
EV battery pack shipments to reach 30 mn in 5 years – EQ Mag Pro
The shipments of electric vehicle battery packs are likely to reach 30 million in 2027, from 10 million in 2022, a report showed on Monday. The around 200 per cent growth will be strongest within the commercial segment, with commercial electric vehicle battery pack shipments growing from 1.4 million in 2022 to over 7 million […]
Redwood Materials plans to spend $3.5 billion on making EV battery essentials – EQ Mag Pro
Redwood Materials, founded by former Tesla Inc executive JB Straubel, said on Monday it plans to spend $3.5 billion on a battery-materials factory in northwest Nevada, confirming an earlier report by the Wall Street Journal. The auto industry has been ramping up production of electric vehicles (EV) to meet a demand surge, driving up orders […]
Morocco plans to set up EV battery ‘gigafactory’: minister – EQ Mag Pro
Morocco seeks to boost local production of electric vehicles to respond to the increasing global demand for electric and hybrid vehicles amid a surge in fuel prices. Rabat : In a bid to accelerate local electric vehicle manufacturing, Morocco has negotiated the set up of an electric vehicle battery with leading manufacturers. “We hope to […]