It is reported that Ford and LG have signed a new agreement to shift the battery production of the Ford Mustang Mach-E electric vehicle from Poland to its factory in Michigan by 2025. This move [...]
LG Energy Solution (LGES) (KRX: 373220) released its Q3 financial results on October 28, 2024. The company reported consolidated revenues of 6.8778 trillion won (approximately $4.972 billion US), [...]
It is reported that SVOLT has decided to suspend construction on its two battery plants in Germany, with no timetable for resumption. SVOLT initially planned to build two battery plants in [...]
On October 23, Shenzhen Sunwoda Energy Technology Co., Ltd. (“Sunwoda Energy”) signed a strategic cooperation agreement with Gryphon Energy Pty Ltd. (“Gryphon Energy”) at [...]
On October 21, Mercedes-Benz announced the opening of its first battery recycling plant in Europe that utilizes an integrated mechanical-hydrometallurgical process. This makes Mercedes-Benz the [...]
Integrals Power recently announced a significant breakthrough in developing Lithium Manganese Iron Phosphate (LMFP) cathode active materials for battery cells, which can increase the range of [...]
On October 16, Lithium Americas announced a new investment agreement with General Motors (GM). According to the agreement, the two parties will form a joint venture to oversee the construction [...]
On October 7-10, 2024, the 14th Battery Show (TBS 2024), North America’s premier event for advanced battery manufacturing and electric vehicles, was held at Huntington Place in Detroit, Michigan. [...]
On October 7, SNE Research released data on global power battery installations from January to August of this year. The figures indicate that the total battery application in electric vehicles [...]
South Korean battery manufacturer LG Energy Solutions has announced it has signed an agreement to supply electric vehicle batteries to subsidiaries of Mercedes-Benz in North America and other [...]
