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Octillion shipping 1,500 battery packs per day globally

Green Car Congress

Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. billion kilometers driven on its systems.

Global 329
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Rio Tinto and Marubeni partner to create stronger and more responsible aluminum supply chains

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Rio Tinto and Japanese trader and business conglomerate Marubeni Corporation have agreed a first sale under a new strategic collaboration agreement to secure a sustainable and reliable supply of Rio Tinto’s Responsible aluminum products to Japanese downstream manufacturers.

Supplies 199
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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

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Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

Slovakia 273
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ABB-sponsored report suggests global plans for 80 new EV battery gigafactories insufficient

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A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.

Global 448
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CATL to supply EV batteries to Daihatsu

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Limited (CATL) and Daihatsu Motor, a wholly-owned subsidiary of Toyota, announced an MOU of Strategic Cooperation on battery supply and battery technologies to promote e-mobility in Japan. China-based Contemporary Amperex Technology Co.,

Supplies 150
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SEMI forecasts global chip industry to invest >$500B in new factories by 2024; automotive and HPC

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The projected growth in global factory count includes a record high 33 new semiconductor manufacturing facilities starting construction this year and 28 more in 2023. The report underscores the significant impact of government incentives in expanding production capacity and strengthening supply chains.

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UC Davis report urges policy actions to accelerate equitable transition to ZEVs in Global South

Green Car Congress

Facilitating a Transition to Zero Emission Vehicles in the Global South ” examines the status of zero-emission vehicle (ZEV) uptake across the world and considers how to accelerate the transition. Despite these developments, the global distribution of ZEVs remains deeply uneven, the report says.

Davis 210