US DoE lends Lithum Americas $2.26 bn to get Nevada mine up and running

Image: Lithium Americas

Mining company Lithium Americas announced it will get up to $2.26 billion in loans from the US Department of Energy (DoE) to build its Thacker Pass lithium project in Nevada, USA. ...

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BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

Image Courtesy: Yahoo Finance

Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S...

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Stellantis to invest €103 mn to support new EV platform

Image: Stellantis

Stellantis announced it would invest €103 million to increase production capacity of electric drive modules (EDMs) at its Szentgotthard plant, Hungary. The new capacity is expected...

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Epsilon Advanced Materials to invest $650M for a new battery material facility in the United States

Leading battery material company, Epsilon Advanced Materials (EAM) has announced that is planning to invest $650 million for establishing a 50,000 TPA synthetic graphite anode manu...

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SVOLT aims to establish 5 Battery plants in Europe, targeting 50 GWh capacity by 2030

Chinese battery maker SVOLT is reportedly planning to set up as much as five battery manufacturing facilities in Europe, as the company is gradually expanding its market reach in t...

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VW Group's PowerCo SE to build its third Battery gigafactory in Canada

The Volkswagen Group is stepping up its activities in North America in a bid to take a strong position in the important growth market for battery electric vehicles. ...

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Toyota to invest $ 5.6 billion on EV battery production in Japan and US

Toyota Motor Corporation has announced an investment of up to 730 billion yen (about $5.6 billion) in Japan and the United States toward supplying batteries for EVs, with aims to b...

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Redwood Materials to invest $3.5 Billion on EV battery materials plant

Battery recycling firm Redwood Materials is planning to spend $3.5 Billion over the next ten years on a state-of-the-art EV battery materials plant in US state of Nevada, according...

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Ford aims vertical integration of EV battery materials supply chain

American auto major Ford Motors is making strident push towards electrification in recent times, and is investing about $50 billion to diversify its EV portfolio in global markets....

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Piston Group to make EV batteries for startup ONE in US

Piston Automotive, subsidiary of American auto supplier Piston Group, will manufacture EV batteries for energy storage start-up Our Next Energy Inc. (ONE) at the former's faci...

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Volvo Trucks establishes its first battery assembly plant in Belgium

Sweden-based Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for the brand's full-electri...

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Glencore, Li-Cycle enter global strategic partnership for EV battery supply chain

Li-Cycle Holdings Corp. (Li-Cycle), the leading lithium-ion resource recovery and Li-ion battery re-cycler in North America entered a strategic partnership with Glencore Plc (Glenc...

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