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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

Energy 199
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Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

Because of the support of Tata Motors — the passenger and commercial vehicle business, along with JLR — we were able to build the whole ecosystem for EVs,” he said. Moreover, TACO supplies battery energy storage systems to Tata Power, capitalising on their knowledge of making battery packs and BMS.

India 52
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Other areas of energy transition investment also showed strength. Other areas of energy transition investment also showed strength.

2020 259