Baua Electric

MAY 10, 2024

New Delhi: In the pursuit of establishing itself as a global leader in mobility tech nology, India must strategically address four key areas with unwavering commitment and concerted efforts. This relentless focus on technology creation serves as the bedrock of India’s quest for global leadership in mobility tech.

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Operating income for the key segment, which makes batteries for Tesla and other automakers, totalled 88.8 billion yen (USD 570.18

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Baua Electric

MAY 9, 2024

China is the world’s largest lithium battery market, accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit. Lithium-ion batteries are a form of rechargeable energy storage used in everything from electric cars to scooters, laptops and motorised wheelchairs.

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Industrial Industry China Auto 52

Green Car Congress

APRIL 20, 2023

At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. CATL also says it can achieve mass production of condensed battery in a short period of time.

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Baua Electric

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. China’s declared 2023 battery production alone was close to the actual global demand, according to BNEF, which notes that the U.S.,

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Green Car Congress

MARCH 25, 2021

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. The Chinese name of Zeeker has been confirmed as Ji Ke.

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Green Car Congress

NOVEMBER 21, 2022

Constellium SE is supplying aluminum auto body sheet for the all-new Maserati Grecale SUV. Constellium is the primary supplier of auto body sheet solutions for the closures of the Maserati Grecale, including the hood, liftgate, and doors. Maserati Grecale Folgore battery-electric SUV.

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Green Car Congress

JANUARY 9, 2022

Tesla’s embrace of lithium iron phosphate (LFP) batteries has propelled the chemistry into the mainstream of the automotive industry. However, more than 90% of the world’s LFP battery cell manufacturing capacity is based in China, according to Benchmark Mineral Intelligence’s Gigafactory Assessment.

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Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

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Green Car Congress

APRIL 2, 2022

Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply (primarily semiconductors and battery materials). and is an innovation leader with the highest number of patents filed amongst other global automakers.

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Green Car Congress

JUNE 1, 2023

The Anna plant, Honda’s largest engine plant in the world, is now preparing to retool to add production of the casings for the battery modules that will power Honda and Acura EVs made in Ohio. billion in the new JV battery facility, with the overall investment projected to reach $4.4 Earlier post.) million sq. million engines.

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Honda Engine Ohio Acura 305

Green Car Congress

MARCH 1, 2023

Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. Earlier post.) The two companies have committed to invest $3.5

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The Driven EV News

JANUARY 15, 2023

The facility, to be located in Geelong, Victoria, in the heartland of what was once a thriving auto manufacturing industry, will begin construction in the second half of 2023. The post Global partner engaged to build Australia’s first EV battery giga-factory appeared first on The Driven.

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Green Car Congress

MAY 16, 2023

years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. million units in 2023, according to S&P Global Mobility forecasts, which is expected to curb the rate of average age growth in the coming year. The average age of battery electric vehicles (BEVs) in the US is 3.6

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Green Car Congress

FEBRUARY 25, 2021

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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Baua Electric

APRIL 12, 2024

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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Baua Electric

MARCH 27, 2024

The alliance, including India, aims to secure 5 GW of battery energy storage by 2024, aligning with the long-term goal of developing 90 GW of storage capacity worldwide. However, beyond celebrating this achievement lies a broader recognition of the crucial role batteries play in driving clean energy transitions worldwide.

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Baua Electric

APRIL 25, 2024

A rally in India’s battery maker stocks this month looks poised to extend amid optimism over further collaborations with foreign vehicle manufacturers. Global carmakers, including BYD Co., Exide and Amara Raja added a combined market value of about USD 2 billion in April as investors boosted their bets in the nascent clean car market.

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Baua Electric

MARCH 4, 2024

According to Adamas Intelligence , 493,472 tons of graphite were deployed globally in the batteries of all newly marketed passenger EVs and hybrids from January to October 2023, up 45% or 153,034 tons from the same period in 2022. NCM 7-Series and NCM 6-Series followed with 39,543 tons and 39,137 tons, respectively.

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Baua Electric

APRIL 11, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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Auto Energy Storage Batteries Battery 52

Green Car Congress

JUNE 29, 2021

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

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Green Car Congress

MAY 3, 2023

SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.

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Supplies Batteries Battery South Korea 199

Green Car Congress

AUGUST 24, 2022

Volkswagen Group (Volkswagen AG) and the Government of Canada signed a Memorandum of Understanding (MoU) to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. —François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry.

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North America Canada Supplies America 225

Baua Electric

FEBRUARY 5, 2024

EVE’s cylindrical batteries cover NCM and LFP material systems, with performance advantages such as high safety, long-endurance, long-cycle, and wide-temperature range. a global leading lithium battery company based in China. billion cylindrical batteries globally. As of now, EVE has provided over 2.1

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Energy Auto Companies Batteries 52

Baua Electric

MARCH 13, 2024

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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India Auto Global Parts 52

Baua Electric

MARCH 16, 2024

The company remains a dominant force globally, leading in EV battery consumption volume for seven consecutive years with a 36.8% With notable revenue growth, the company’s net profit has also increased, solidifying its position in the electric vehicle ( EV ) battery industry. market share in 2023. billion yuan (USD 56.52

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Auto Market Batteries Battery 52

Teslarati

MARCH 24, 2024

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.

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Auto Industry BYD Auto Industrial 131

Green Car Congress

JULY 14, 2021

Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.

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Manufacturer Auto Fleet Future 435

Green Car Congress

OCTOBER 28, 2022

Digital transparency company Everledger launched a battery passport pilot with leading automotive manufacturer Ford Motor Company to ensure responsible recycling of EV batteries. To track the battery lifecycle Everledger utilizes a range of technologies including various types of auto ID, blockchain and artificial intelligence (AI).

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Ford Batteries Battery Li-ion 199

Teslarati

MARCH 22, 2024

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Meo stated that the center of the global automotive market has gravitated toward Asia. China is making rapid inroads into the all-electric vehicle segment.

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China Auto United States Auto Industry 104

Baua Electric

APRIL 29, 2024

Gogoro , the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. SMFL) to accelerate Gogoro’s global business expansion. Oh, and not just for light electric vehicles anymore.

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Global Energy Storage Light Financing 52

Baua Electric

FEBRUARY 27, 2024

Tata Group announced Wednesday that its new multibillion-pound UK factory to manufacture batteries will be located in Bridgwater , south west England. Agratas , Tata Group’s global battery business, confirmed Wednesday that the 40 GWh factory would be built at Bridgwater’s Gravity Smart Campus.

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Baua Electric

APRIL 28, 2024

SK Innovation Co Ltd said on Monday its SK On battery-making unit is on target to breakeven in the second half of this year after it posted a forecast-beating operating profit in the first quarter, sending its shares up over 6.0%. billion won in the previous quarter due to fewer EV battery shipments. rise as of 0336 GMT.

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Auto Batteries Battery South Korea 52

Teslarati

JUNE 15, 2021

Tesla ( NASDAQ: TSLA ) is expected to control 10% of the global automotive market in the coming years, analysts from Tokyo-based Mizuho Bank said in a recent note to investors. While Mizuho analyst Vijay Rakesh identifies the growing global EV market and Tesla’s domination of it , he is aware of incoming competitors.

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Electrek

JANUARY 4, 2023

StoreDot , makers of ultra-fast, Tesla-like 4680 cells, today announced that it’s appointed global auto industry leader Carl-Peter Forster as chairman. The post Ultra-fast battery maker StoreDot hires auto industry head as chair appeared first on Electrek.

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Auto Industry Industrial Industry Auto 76

Baua Electric

JANUARY 22, 2024

Chinese manufacturer CALB is planning on building a lithium-ion battery factory in Portugal, the APA Portuguese environment agency said on Monday. Portugal has the largest reserves in Europe of lithium, the main element in the batteries that power electric cars. The two billion-euro (USD 2.2

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Portugal Auto Lithium Ion Batteries 52

Baua Electric

MARCH 4, 2024

“It’s worth noting that there is concentration of risk for lithium battery production, with over 70% being produced in China alone,” said, ACEN CEO Eric Francia.

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