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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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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%).

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EKPO secures mid-triple-digit million euro contract for bipolar plates from global car manufacturer

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The company is a full-service supplier for fuel cell stacks and components used in passenger cars, light commercial vehicles, trucks, buses, as well as in train and marine applications. The agreement includes the development of a custom-made stack for the global OEM’s future mass-produced vehicle that is to be powered by a fuel cell.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.

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15+ global automotive brands testing StoreDot extreme fast charging high energy battery cells

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StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.

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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

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DOE awarding $1.16B to 9 battery component manufacturing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).

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Siemens Energy to supply 1.8GW of electrolyzers to HIF Global for Texas eFuels facility

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eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.

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