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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

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Siemens to expand EV charging manufacturing in US to support rapid market growth

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Siemens will invest and expand the company’s US manufacturing operations to support electric vehicle infrastructure in America. The company will bolster its existing manufacturing footprint of EV infrastructure with the VersiCharge Level 2 AC series product line of commercial and residential EV chargers.

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onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market

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Additionally, onsemi’s end-to-end silicon carbide (SiC) manufacturing capability, combined with its ability to ramp production quickly, improves Magna’s vertical integration and simplifies its supply chain to meet the growing demand for its SiC-based products for EVs.

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Volkswagen to introduce electrode dry-coating in battery manufacturing; partnering with Koening & Bauer

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Volkswagen’s PowerCo SE plans to introduce an electrode dry-coating manufacturing process in its battery cell production plants in Europe and Northern America. As a result, two of four process steps in electrode manufacturing become obsolete. The new processing technology is to exit development stage at the end of 2024.

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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. Toyota is committed to achieving full carbon neutrality in Europe by 2040, and is targeting carbon neutrality in all its manufacturing facilties by 2030. market share.

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PEUGEOT Cycles introducing new range of connected electric bikes designed and manufactured by startup Beweel

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The new connected electric bikes, addressing B2C and B2B targets, will be designed and manufactured by the start-up Beweel. Beweel, for its part, will market the 3 new models of connected bicycles through its own distribution channels. In 2022, the European market for electric bikes reached the record figure of 5.5

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Ballard to invest $130M in MEA manufacturing facility and R&D center in Shanghai

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Ballard Power Systems announced its strategy ‘local for local’ whereby it plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. Current Ballard global manufacturing capacity.