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

Green Car Congress

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

Li-ion 458
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Major companies with large fleets release new EV roadmap for car & truck manufacturers

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Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years.

Fleet 476
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Natron collaborates with Clarios on first mass manufacturing of Sodium-ion batteries

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Natron Energy, a manufacturer of sodium-ion batteries, and Clarios International Inc., a manufacturer of low-voltage advanced battery technologies for mobility, will collaborate to manufacture the first mass-produced sodium-ion batteries. Earlier post.)

Sodium 370
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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

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Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos. Volvo XC40 Recharge powertrain.

Volvo 530
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Ford to invest C$1.8 billion in Oakville complex for EV manufacturing in Canada

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Ford Motor Company is investing C$1.8 billion) in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada. Oakville workers will take these components and assemble battery packs that will then be installed in vehicles assembled on-site. billion (US$1.3

Canada 397
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BYD, Toyota to establish joint company for battery-electric vehicle research and development

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BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). We hope to further advance and expand both BYD and Toyota from the efforts of the new company with BYD.

BYD 283
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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

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QuantumScape Corporation, a developer of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp., QuantumScape believes the proceeds from this transaction will fully fund the company through the start of production via its joint venture with the Volkswagen Group.

Companies 468