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Sumitomo Metal Mining to boost production of NCA for Li-ion batteries by 38%; targeting Tesla Model 3

Green Car Congress

SMM is targeting supplying Tesla with the battery materials for the Model 3 being released next year. SMM supplies the nickel-based material to Panasonic which builds the cells.). SMM also intends to increase its production of nickel by 20% at its Taganito nickel refinery in the Philippines.

Li-ion 150
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TM4 China JV receives order for 200 SUMO HD electric powertrains from Foton

Green Car Congress

has received an order for more than 200 SUMO HD electric powertrains from Foton, one of Chinas largest bus manufacturers. The TM4 SUMO systems are optimized for medium-and heavy-duty electric and hybrid vehicles such as 6-18 meter buses, delivery trucks, shuttles, tow tractors and more.

China 225
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TM4 and Prestolite Electric Beijing forming JV for heavy-duty electric traction systems

Green Car Congress

Leveraging TM4’s licensed technologies, the new company will develop, manufacture, sell and supporting electric traction systems for trucks and buses, as well as commercial, off-road and marine vehicles. GEN, hybrid powertrain; and. TM4 will continue to supply the ASEAN markets with technologies related to light electric vehicles.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Germany, for example, became the third country after China and the United States to record half a million new battery electric car registrations in a single year, with 18% of car sales being battery electric (and another 6% plug-in hybrid). However, the phase-out of several purchase subsidies in Germany slowed overall EV sales growth.