LG Energy Solution has signed a memorandum of understanding with Kim Long Motors, a Vietnamese automotive subsidiary of Phu Tai Group, to supply cylindrical battery cells for electric buses. Announced Aug. 28, the deal involves approximately 1 GWh of battery supply and is part of LG Energy Solution's strategy to expand its presence in Asian emerging markets. The batteries, believed to be LG Energy Solution's 46-series, are noted for their high output and capacity, making them suitable for lon...

Researchers at Uppsala University have developed an AI model that can significantly improve the accuracy of predicting battery aging, which could extend the life and enhance the safety of electric vehicle batteries. This advancement addresses a major issue in the transport sector, where the rapid aging of batteries in electric cars has been a hindrance to the electrification movement. The new AI model aims to increase the robustness of battery health predictions by up to 70%, providing a more...

Palmer Energy Technology Ltd. (PETL), a UK maker of Battery Energy Storage Systems, founded by Andy Palmer and Wei Shao, has announced the acquisition of Brill Power. Brill Power is an Oxford University spinout recognized for its cell-level control and active balancing technology in battery management systems (BMS). PETL plans to incorporate Brill Power's electronics into its systems immediately. This acquisition merges PETL's automotive-grade battery storage systems with Brill Power's adva...

Mangrove Lithium is advancing its efforts to establish significant lithium-processing capabilities with its first full-scale lithium production plant nearing completion in British Columbia. The company plans to launch its initial commercial facility by the early first quarter of 2026 and concurrently seeks to build a second, larger plant in eastern Canada within the next three years. Currently operating a pilot system with a 10-metric-ton annual output, Mangrove aims to scale its production...

German automotive supplier MAHLE is initiating the production of electrical high-voltage air-conditioning compressors, known as e-compressors, in the US. This new production will take place at its Morristown, Tennessee, location, where nearly 50 new employees will be hired to manufacture these state-of-the-art products for the North American market. E-compressors play a crucial role in the thermal management of electric vehicles, essential for maintaining battery life, high charging spee...

Hyundai Mobis recently held its 2025 CEO Investor Day on Aug. 27, where President and CEO Lee Gyu-suk presented the company's long-term growth strategy focused on strengthening technology competitiveness, improving profitability and expanding its global customer base. Central to this strategy is the development of leading-edge technologies, including advanced windshield displays and software-defined vehicle (SDV) solutions. The company is focusing on future mobility areas such as electrification...

IES Group has acquired Nexus Power, enhancing its capabilities in extra-high-voltage (EHV) cable jointing and power solutions. This acquisition aims to bolster IES' ability to undertake complex electrical projects, including those in the EHV and offshore jointing markets, strengthening its status as a reliable partner to UK clients. Nexus Power, founded in 2012, is known for its technical excellence, specializing in high-voltage jointing up to 400 kV, including fluid-filled and XLPE systems. It ...

Astemo UK Ltd., a wholly owned subsidiary of Astemo Ltd., is set to establish a new production line for inverters for next-generation electric vehicles at its Bolton plant in Greater Manchester, Northern England. Scheduled to begin production in April 2027, this initiative is supported by the UK government's Automotive Transformation Fund (ATF) and aims to bolster Astemo UK's electrification business. The investment, exceeding £100 million, is poised to create approximately 220 jobs and secu...

Technotrans is set to unveil its new battery thermal management system, zeta.trax, designed for both on-road and off-road vehicles, at the Busworld event in Brussels. The event is scheduled between Oct. 4 and 9. The new battery thermal management system is focused on energy efficiency and cybersecurity compliance, and supports the type approval of new vehicle models. Its high-voltage connection simplifies and reduces costs for vehicle manufacturers. Jan Kühne, business development manager...

Minerva Carbon, a deep tech startup based in Mülheim, Germany, has secured approximately €1.8 million in funding from the German Federal Ministry for Economic Affairs and Energy's EXIST program. The company was founded by Abdu Bilican, a former Doctor of Philosophy student at the Max-Planck-Institut für Kohlenforschung (MPI), along with his co-founders. Their aim is to commercialize mesoporous high-performance carbon materials that are expected to enhance battery and fuel-cell e...

Cambodia has implemented a reduction in road tax for electric vehicles, including small four-door cargo and passenger vehicles, in an effort to promote EV adoption in the country. The new road tax rates are determined by the age of the vehicle. Users of new vehicles will pay between $25 and $200, whereas those with vehicles at least 10 years old will incur fees between $15 and $50. This change stems from the Ministry of Economy and Finance's announcement and aligns with the National Policy on...

SK On and EcoPro have entered into an agreement to collaborate on battery recycling and the supply of black powder, with the formal signing of a memorandum of understanding. Under the agreement, SK On will supply EcoPro with high-purity black powder sourced from scrap at its US production subsidiary, SK Battery America. This contract entails supplying approximately 200 metric tons of black powder per month, with the arrangement lasting up to five years, concluding in 2029. EcoPro intends to u...

During IAA Mobility 2025 in September, the BMW Group will present its latest innovations at two prominent locations: Munich’s exhibition center (Messe München) and Open Space in Max-Joseph-Platz square, right in front of the opera house. The German automotive group will present the BMW iX3, the first Neue Klasse model, featuring advancements in electric mobility, digitalization and sustainability. The BMW iX3 will be a focal point, showcasing innovations such as the BMW Panoramic iDrive ...

Mainland Chinese automaker BYD has begun exporting electric vehicles produced at its manufacturing plant in Thailand to Europe, marking a first for the company. Over 900 units of the BYD Dolphin have been shipped to Germany, Belgium and the UK. These vehicles departed from Thailand aboard a BYD vessel named BYD Zhengzhou, which is making its first journey from Thailand to Europe. The BYD factory in Rayong, Thailand, which has been operational since July 2024, is the company's first fully-o...

South Korean automaker Hyundai Motor Group has announced plans to increase its investment in the US to $26 billion between 2025 and 2028. This investment marks an addition of $5 billion to the previously announced $21 billion in March 2025. The fund aims to bolster strategic initiatives in the automotive, steel and robotics industries within the US market. As part of this expanded commitment, a new steel mill is planned in Louisiana to support US industries such as automotive manufacturi...

Norma Group has been awarded a new contract to supply eM safe quick connectors for the battery thermal management of electric vehicles developed on a new platform by a major US-based car manufacturer. The delivery of these connectors will begin in 2027, equipping up to 90,000 electric cars annually until 2034. The contract is valued at approximately €14 million and pertains to a new battery-electric vehicle (BEV) platform that aims to offer cost-efficient EVs suitable for a diverse cus...

Japan's Suzuki Motor plans to invest 700 billion rupees (about $8 billion) in India over the next five to six years. This investment coincides with the commencement of Suzuki's first electric vehicle production in the subcontinent. Through its majority stake in Maruti Suzuki, the Japanese automaker already manufactures 17 models in India for export to about 100 countries, including Japan. India will now serve as the global production hub for Suzuki's electric cars. Following the investment...

In a press release dated Aug. 25, Porsche AG confirmed that it has decided not to proceed with the planned expansion of high-performance battery production through its subsidiary Cellforce, instead opting to continue development as an independent research and development unit. Staff affected by this change will be supported responsibly, and PowerCo, Volkswagen Group's battery center, has offered potential job opportunities to suitable Cellforce Group employees. Oliver Blume, CEO of Porsche, h...

The US Energy Department (US DOE) has announced its intention to issue notices of funding opportunities (NOFO) totaling nearly $1 billion, aimed at advancing and scaling technologies related to mining, processing and manufacturing across key stages of the critical minerals and materials supply chain. This initiative is aligned with US President Trump's Executive Order focused on securing American energy dominance, national security and industrial competitiveness by ensuring a more secure and aff...

MG, the passenger car brand originally from Britain but now owned by China's leading automaker SAIC, plans to launch 13 new electric vehicles globally over the next two years. The brand plans to invest 10 billion yuan (about $1.4 billion) into developing new-energy vehicles (NEVs), which will include a range of battery-electric cars, range extenders and plug-in hybrids. MG, which was acquired by SAIC in 2005, is recognized more for its international sales than domestic, after having sold 1...

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Hyundai Motor and Kia have established a partnership with South Korea's major battery manufacturers, LG Energy Solution, Samsung SDI and SK On, to enhance the safety technologies of electric vehicles. This collaboration, ongoing for a year, was showcased at Hyundai and Kia's Namyang research and development center, located south of Seoul, South Korea. During the event, the parties signed a memorandum of understanding (MOU) to further extend their cooperative efforts. The event was attended by...

Porsche's battery-making subsidiary, Cellforce Group, is set to lay off most of its workforce, according to a union representative. About 200 out of 286 employees will be dismissed, with notifications expected to be issued shortly. This development adds to the challenges facing Europe's electric vehicle market. Although a request for comment from Cellforce went unanswered, a Porsche representative declined to address the layoff reports. Batteries are a critical component in electric cars, but...

Revomet GmbH, established in 2023 as a subsidiary of the Cronimet Group, and CNGR Advanced Material Co. Ltd. have formalized their joint venture, following a Heads of Agreement signed in December 2023. In this venture, CNGR will acquire a 25% stake in revomet Bitterfeld GmbH, which was previously fully owned by revomet GmbH. Revomet Bitterfeld GmbH operates a cutting-edge facility for recycling battery scrap in Bitterfeld-Wolfen, Germany, considered one of the most advanced in Europe. T...

Group14 Technologies has secured a $463 million funding round, led by SK Inc., with participation from Porsche Investments, ATL, OMERS, Decarbonization Partners, Lightrock Climate Impact Fund and Microsoft Climate Innovation Fund, among others. The funding is aimed at scaling the production of Group14's silicon battery material, SCC55, in the US and South Korea to meet increasing global demand for energy storage. Additionally, Group14 has gained full ownership of its joint venture with SK ...

Posco Future M has announced advancements in its electric vehicle battery technology, specifically in developing high-nickel cathode materials. The company has recently completed pilot development of ultrahigh-nickel positive electrodes and high-voltage mid-nickel positive electrodes, which cater to both premium and standard EVs. The ultrahigh-nickel positive electrodes, featuring over 95% nickel content, are designed to increase energy density and driving range, targeting premium EVs and urb...

The automotive industry in Norway and Sweden is collaborating to create a sustainable system for recycling electric car batteries, aligning with new EU requirements. The Norwegian Automobile Importers' Association and Mobility Sweden have formed a strategic partnership to meet these demands. Their subsidiaries, Autoretur Battery Recycling and FoRetur, will jointly establish an efficient return system for car batteries that meets future regulations. This collaboration will see both companies i...

Amara Raja Energy and Mobility Ltd. plans to invest an additional 12 billion rupees (approximately $137 million) in its lithium-ion (Li-ion) cell manufacturing project, bringing the total investment for a 1-GWh capacity plant to 24 billion rupees by the financial year 2027. The company aims to start production by the end of the financial year 2027 at its plant in Telangana, India, through its New Energy Business unit, Amara Raja Advanced Technologies. The plant will initially produce cells ...

Toshiba Electronic Devices & Storage Corp. has introduced a new automotive photorelay, the TLX9161T, which is incorporated in a small SO12L-T package and can withstand an output voltage of at least 1,500 V, as reported in a press release on Aug. 20. This innovation supports the high-voltage requirements of automotive batteries and is now available for volume shipments. The advancement addresses key challenges in the electric vehicle sector, such as reducing charging times and enhancing cruis...

Chinese electric-car maker Nio has achieved a significant milestone by completing 9 million battery swaps in Shanghai, which is also where the company's global headquarters are located. This feat was attained Aug. 20, as reported by CnEVPost through Nio's charging map. Shanghai hosts the highest number of Nio battery-swap stations, with a total of 190. On April 13, Nio also marked another milestone by delivering its 100,000th vehicle in this city. Shanghai, a megacity with a population of ...

Princeton NuEnergy Inc. (PNE), a US-based company specializing in lithium-ion battery direct recycling and materials rejuvenation, has announced the full commissioning and operational status of its advanced black mass (ABM) recycling production facility in Chester, South Carolina. This facility is notable as the first commercial-scale ABM and battery-grade cathode active material (CAM) production facility in the US, capable of handling both nickel cobalt manganese (NCM) and lithium iron phosp...

Nissan Motor Co. Ltd. has announced a partnership with US-based LiCAP Technologies Inc. to develop production process technology for the cathode electrode of all-solid-state batteries (ASSB). The collaboration focuses on creating a dry electrode production process for the cathode electrode, which offers significant advantages over conventional solvent-process electrodes. Dry-process electrodes eliminate the need for drying and solvent recovery, reducing both manufacturing costs and environmen...

China CITIC Bank Guangzhou Branch has agreed to provide electric vehicle manufacturer Xpeng with a substantial credit facility totaling 10 billion yuan (approximately $1.4 billion). This financial support is intended to bolster Xpeng's operations and fuel its business growth. The announcement follows a strategic cooperation agreement signed by Brain Gu, vice chairman and co-president of Xpeng, and Xue Fengqing, president of China CITIC Bank Guangzhou Branch. Xpeng emphasized the importance ...

ProLogium has launched the world's first mass-producible GEN 4 solid-state lithium ceramic battery platform, marking a significant transition from laboratory innovation to large-scale commercial deployment. This development comes amid a global energy transition and evolving battery safety standards, highlighting the importance of solid-state battery technology. Central to this breakthrough is ProLogium's proprietary SF-Ceramion Superfluidized All-Inorganic Solid-State Electrolyte, which enables ...

Nanointech Co. Ltd. and Vocai Ltd. have entered into a definitive agreement to integrate Vocai's ED-10A series into Nanointech's battery packs for e-buses, low-speed electric vehicles (LSEVs) and energy storage systems. The partnership, announced Aug. 19, combines Nanointech's expertise as a battery pack supplier with Vocai's advancements in battery safety and analytics. The ED-10A product series, known for transforming chemical data into actionable intelligence, offers early detection of bat...

Tata Technologies has introduced WATTSync, a digital battery passport solution aimed at aiding manufacturers in meeting forthcoming regulatory requirements and enhancing supply chain transparency across all stages from mining to recycling. This cloud-based platform captures and validates battery data across its life cycle, providing real-time insights into materials, performance metrics, carbon footprint and recovery status. WATTSync seamlessly integrates with existing PLM, MES, ERP and cloud...

BlueOval SK, a joint venture between SK On and Ford Motor Co., has started its first commercial production of electric vehicle batteries at its Plant 1 in Glendale, Kentucky. This initiative marks the largest investment in Kentucky's history and is expected to boost local job creation. Michael Adams, CEO of BlueOval SK, emphasized the importance of this launch in enhancing its position in the EV battery market. Andy Beshear, governor of Kentucky, lauded the project for its contribution to tra...

The Braunschweig University of Technology in Germany has announced its plan to launch a Center for Circular Production of Next Batteries and Fuel Cells (CPC) to accelerate research and development activities focused on innovative recycling processes for batteries and fuel cells.  The research facility, which is expected to be operational by 2027, will span 3,700 square meters and accommodate about 150 scientists working on circular production and recycling for batteries and fue...

Norwegian car importers have established a new company, Autoretur Battery Recycling (ABR), to manage the recycling and return of electric vehicle batteries. Approved by the Norwegian Environment Agency, ABR was formed by the Norwegian Automobile Importers' Association (BIL) to uphold producer responsibility for high-energy batteries. ABR CEO Erik Andresen emphasized that its comprehensive approach embodies circular economy principles by safely collecting and treating these batteries, which ca...

U Power Ltd., an AI-powered solutions provider for energy grids and transportation systems, has announced a partnership with SAIC Hongyan Automotive Co. Ltd. and Unex EV BV to introduce battery-swapping compatible electric heavy trucks in Thailand. This collaboration, outlined in a memorandum of understanding, plans to deploy 3,000 electric heavy-duty tractors for long-haul use and 1,200 port-specific short-distance trucks to promote green transportation. The partnership will potentially exte...

In a press release dated Aug. 18, Ecobat, a global battery recycling company, announced that it has agreed to sell its battery recycling and specialty lead operations in Germany and Austria to Clarios, a company specializing in advanced energy storage solutions. The sale includes Ecobat's facilities in Freiberg and Braubach, Germany, and Arnoldstein, Austria. The transaction, set to conclude by early 2026 pending regulatory approvals, aligns with Ecobat's strategy to focus more on its co...

Amprius has demonstrated a significant business transformation in its second-quarter 2025 financial report, showcasing rapid growth and improved efficiency. The company reported a record-setting revenue of $15.1 million for the quarter, marking a 350% increase from the same period the previous year, indicating a strong demand for its products. Furthermore, revenue for the first half of 2025 reached $26.4 million, surpassing the total revenue of fiscal year 2024. Notably, Amprius achieved a posit...

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Great Wall Motor (GWM) has commenced production operations at its new factory in Iracemápolis, São Paulo, marking another mainland Chinese automaker's entry into Brazil, following BYD. The factory started operations on Aug. 15, and Brazilian President Luiz Inacio Lula da Silva attended the rollout of the first vehicle, a Haval H6 GT, signing the body of the vehicle. This production facility, converted from a Daimler plant acquired by GWM in 2021, boasts an annual capacity of 50,000 veh...

V4Smart GmbH & Co. KG, formerly known as V4Drive Battery GmbH and now majority-controlled by Porsche AG, has introduced its Generation 2 high-power energy cell. This advanced cell combines high-energy and power density, building on the success of its V21700 UHP-26 cell. Verified by BATEMO in the 18650 format, the new cell offers a capacity of nearly 3.7 ampere-hours (Ah), with an energy density of 277 Wh/kg and a power density of 2.73 kW/kg. The flagship product of this serie...

Electric vehicle charging services startup Hubber Infrastructure has secured £60 million in equity funding to support its plan of setting up EV charging stations across major cities in the UK, according to a news report published by EV Infrastructure News on Aug. 14. Hubber, which is founded by three former Tesla UK employees, aims to develop underutilized urban properties into ultrarapid EV charging and integrated energy hubs across the UK. According to the news report, the companyâ...

ION Storage Systems Inc., a Maryland, US-based company specializing in next-generation solid-state battery technology, has started shipping Cornerstone, the first commercial generation of its solid-state batteries, to major consumer electronics companies. These multilayer cells are designed for integration into devices such as smartphones, laptops and wearables, promising a long cycle life, no swell, and enhanced safety without the need for bulky compression systems. Jorge Diaz Schneid...

Stratus Materials Inc., a company dedicated to the development of lithium manganese-rich (LMR) cathode active material (CAM) for lithium-ion batteries, announced that it had transitioned to its second-generation cobalt-free CAM named LXMO-2 in May. This advancement in CAM technology has commenced shipment to customers and partners. LXMO-2 is noted for its superior capacity and voltage stability compared to other LMR offerings, achieving less than 20% fade in capacity and less than 5% fade in ...

CATL, the world's largest battery-maker, has introduced a cell-to-pack (CTP) battery repair service. The service is rolled out under its independent aftermarket brand Ning Service on Aug. 10, marking the first anniversary of its new brand of services. This launch coincides with new-energy vehicle (NEV) penetration exceeding 50% and the end of the warranty period for many NEVs, highlighting challenges in aftersales service, such as high costs and repair difficulties. The demand for b...

Rock Tech Lithium Inc. has received funding from the German Federal Ministry for Research, Technology and Space for a project titled ELiSePro, which stands for Efficient Lithium Recovery Using Selective Processes. The initiative aims to enhance lithium yield at the company's Guben, Germany, site, contributing to Germany's raw material independence. Rock Tech will collaborate with RWTH Aachen University on this project to explore various ion separation methods, such as nanofiltrat...

Argonne National Laboratory and The University of Texas at Dallas (UT Dallas) have signed a memorandum of understanding (MOU) aimed at advancing battery science research and securing supply chains for critical materials in the US. This partnership was formalized during a ceremony on July 22 at Argonne's Materials Engineering Research Facility (MERF), a key site for bridging research and industry. Argonne Laboratory Director Paul Kearns and UT Dallas Vice President for Research and Innovation ...

CATL has confirmed the suspension of production operations at a significant lithium mine in the Yichun area of Jiangxi province in mainland China, following the expiration of its mining permit on Aug. 9. The company is in the process of expediting the permit renewal and intends to resume operations once approval is received, saying the suspension will have a minimal impact on its overall operations. A local media outlet, Cailian, reported that while the mining permit for CATL's Jianxi...

Ford Motor Co. has announced that it will be investing approximately $5 billion to create or secure nearly 4,000 jobs across its Louisville Assembly Plant and BlueOval Battery Park Michigan. The initiative aims to produce a new pickup and advanced prismatic lithium iron phosphate (LFP) batteries. Ford will invest nearly $2 billion in the Louisville Assembly Plant to assemble the midsize electric truck, securing 2,200 hourly jobs. The Louisville Assembly Plant will see a significant expansion&...

Leapmotor is expanding into the automotive components supply business by supplying battery packs to commercial vehicle manufacturers, utilizing cells from CATL and other battery producers. Through its subsidiary Lingxiao Energy, Leapmotor designs and assembles these battery pack systems. The company has secured orders from over five new-energy commercial vehicle customers and is negotiating with additional partners, including Xeazon New Energy Vehicle Co. Ltd. As announced in July by CEO Z...

Magna will present its latest innovations at IAA Mobility 2025 in Munich from Sept. 8 to 14. The company will highlight advancements in sustainable materials, drivetrain technologies, energy storage systems and advanced driver assistance systems in Hall B3, Booth E40. A significant focus will be on sustainable materials that adhere to high technical standards while minimizing the ecological footprint of vehicles. According to Uwe Geissinger, executive vice president and president of Magna Eur...

Italy has approved subsidies amounting to nearly €600 million to boost the purchase of electric vehicles due to lagging sales, as announced by the Environment and Energy Ministry. These subsidies aim to encourage the acquisition of electric cars and commercial vehicles by offering up to €10,000 to individuals and up to €20,000 to small firms, covering up to 30% of the vehicle's total purchase price. The financial support is part of the EU's post-COVID recovery funds and is targeted at i...

Nanotherm and Battelle have announced the launch of a new company, Novara, which aims to deliver advanced carbon nanotube-based heating solutions across automotive, industrial and consumer markets. Based in Columbus, Ohio, Novara combines Nanotherm's proficiency in nanotechnology product development and commercialization with Battelle's significant material science expertise, honed over a decade and a half in automotive and aerospace heating technologies. Andy Dickson, CEO of Novara, expresse...

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Glencore, a European commodities trading and mining company, has completed the acquisition of the lithium-ion battery recycler Li-Cycle, submitting a $40 million bid for Li-Cycle's assets in May following the company's bankruptcy proceedings. Li-Cycle, based in Toronto, previously operated three facilities in the US, one in Canada and one in Germany. However, due to financial distress, only the German site remains operational. The company's decline coincided with a shift in policy under the Trum...

Tesla has inaugurated a newly developed electric vehicle charging hub in the city of Goulburn, New South Wales, Australia. The company said the new charging site is the largest EV charging hub in the southern hemisphere.  The new Goulburn Supercharger station, located near the Big Merino landmark, includes 20 high-speed EV charging stalls. The facility aims to alleviate congestion on the busy route between Sydney and Canberra and complements Tesla's existing EV charging ne...

At the upcoming K 2025 International Trade Fair for Plastics and Rubber, Wacker Chemie AG, a global chemical company, plans to introduce a new silicone rubber named ELASTOSIL R 531/60, which is designed specifically to insulate busbars in high-voltage batteries of electric cars. The newly developed product is processed through extrusion, offering cost-effective sheathing for components. In case of a fire, it ceramifies to form an electrically insulating layer that prevents shor...

Monolith, an AI software provider, has partnered with CamMotive, a UK-based electric powertrain development and testing services provider, to enhance battery testing for engineers using applied AI. This collaboration combines Monolith's AI platform with CamMotive's real-world battery data to improve test data validation and help engineers identify complex failure characteristics in electric vehicle battery development. The partnership introduces a "hybrid" modeling technique that integra...

CATL has reportedly suspended operations at its significant lithium mine in Jianxiawo, Yichun, in the Jiangxi province of mainland China. While unfavorable for CATL, the development might benefit other lithium producers who have endured prolonged price suppression. The cessation of operations is attributed to CATL's inability to renew a vital mining license that expired Aug. 9. The company is in discussions with government agencies to extend the license but is preparing for a closure las...

General Motors (GM) plans to import electric vehicle batteries from the mainland Chinese company, CATL, as a temporary measure while it works on producing its own lower-cost batteries with lithium iron phosphate (LFP) chemistry. This decision aligns with practices by other US automakers who have relied on foreign suppliers for LFP battery sourcing to maintain competitiveness. GM said that its Chevrolet Bolt will feature LFP technology and noted that it sells 12 EVs in the US with domestically...

The Lucid Air Grand Touring electric vehicle, equipped with Samsung SDI's 21700 cylindrical batteries, has set a Guinness World Record by traveling 1,205 km (749 miles) on a single charge. This achievement highlights the battery technology of Samsung SDI, demonstrating excellence in capacity, life span and fast charging, in conjunction with Lucid's advanced powertrain and superior engineering. Lucid's record-breaking journey, undertaken in July from St. Moritz, Switzerland, to Munich, surpass...

Shanghai-based electric-car maker Nio Inc. has entered into an agreement to establish 100 new battery-swap stations in Jiangsu, mainland China. This initiative involves Nio Power, the company's energy arm, and Jiangsu Financial Leasing, which has signed a strategic cooperation agreement in Nanjing, mainland China. The collaboration aims to enhance the density of energy replenishment facilities supporting battery swapping and charging in Jiangsu province. Through this local development, the pa...

Lyten has announced a binding agreement to acquire Northvolt's remaining assets in Sweden and Germany, including Northvolt Ett and Ett Expansion in Skellefteå, Northvolt Labs in Västerås, and Northvolt Drei in Heide, Germany. This acquisition also includes all remaining Northvolt intellectual property, with several members of Northvolt's executive team expected to join Lyten. While financial details of the deal were not revealed, the assets are valued at approximately $5 billion, comprisin...

ProLogium is addressing concerns about lithium battery safety with its fourth-generation superfluidized all-inorganic solid-state lithium battery. This new battery features the highest ionic conductivity and low-temperature adaptability, aiming to set a new safety standard in response to frequent fire incidents and pressures for electrification. ProLogium's breakthrough comes from using intrinsically non-combustible materials and implementing active thermal risk control, validated through ARC te...

Solid Power Inc., a developer of solid-state battery technology, released its second-quarter 2025 operational and financial results. Solid Power recorded revenue and grant income of $7.5 million for the quarter, up from $6 million in the first quarter, mainly due to the completion of factory acceptance testing under an agreement with SK On Co. Ltd. Operating expenses rose to $33.4 million from $30.0 million in the prior quarter, leading to a year-to-date net loss of $40.5 million. The co...

Samsung SDI reported its financial results for the second quarter ending June 30, 2025, noting steady revenue of 3.18 trillion won (about $2.13 billion) and a net loss of 167 billion won. Revenue saw a slight increase of 0.1% compared to the previous quarter, but a 22.2% drop year over year. The net loss narrowed by 22.6% compared to last quarter. The battery business, despite a 0.7% quarterly and 23.5% yearly revenue decline to 2.96 trillion won, improved its operating loss by 4.8% from the ...

Volexion, a company specializing in battery materials, announced the shipment of its first graphene-coated cathode active materials (CAM) product samples to tier 1 manufacturers worldwide. These manufacturers include automotive original equipment manufacturers, global cell producers and US specialty energy-storage developers. The shipments address the common issue of cathode materials degrading due to the natural interaction of ions, particles and electrolytes inside lithium-ion batteries. ...

SAIC Motor has initiated presales for the new MG4, an updated compact electric hatchback, on Aug. 5 at the Hangzhou Grand Convention and Exhibition Centre. The starting price is 73,800 yuan (approximately $10,100), with four variants available immediately. An upcoming semisolid-state battery version is scheduled for pricing in September and deliveries by the end of 2025. Notably, the MG4 is among the first to feature semisolid-state batteries in mass production, enhancing safety and longevity by...

The 2026 Chevrolet Silverado EV Max Range Work Truck has achieved a significant milestone by traveling 1,059.2 miles on a single charge, surpassing the previous record of 749 miles set by Lucid earlier in 2025. The mileage test was conducted on public roads near General Motor's (GM) Milford Proving Ground in Michigan, US, with engineers driving in one-hour shifts and applying various methods to enhance efficiency. The Silverado EV Max Range WT retained its hardware and software, with optimiza...

SES AI Corp. reported its financial results for the second quarter of 2025, with revenue totaling $3.5 million, contributing to a first-half total of $9.3 million. The company maintained a gross margin of 74% and experienced a significant reduction in cash used for operations, which decreased by 51% compared to the same period in 2024 and by 53% from the first quarter of 2025. By the end of the quarter, SES AI held a liquidity position of $229 million without any debt and affirmed its annual ...

Geyser Batteries, a deeptech startup based in Mikkeli, Finland, secured funding through the European Innovation Council (EIC) Accelerator program. This competitive EU program supports high-impact innovations with potential for scaling. The funding, which includes grants and equity components, will aid Geyser in completing product development, launching a pilot production line and undertaking large-scale trials in Finland and Spain. Known for its innovative, water-based battery technology, Geyser...

CATL has entered into an agreement with Chinese mobility services company Car Inc. to promote vehicles that align with its battery-swap standard. The agreement, which involves CATL's subsidiary Contemporary Amperex Energy Service Technology (CAES), Car Inc. and CMB Leasing, was signed at CATL headquarters in Ningde, Fujian province. This partnership aims to integrate the battery-swap model into the car rental industry, with Car Inc. planning to introduce models that support CATL's Choco-SEB b...

LiCAP Technologies has announced the successful development, installation and site acceptance test of its 300-MWh roll-to-roll cathode production line (LRPL), in partnership with Dürr Systems AG. This development is a significant step in moving from innovation to large-scale manufacturing, addressing a common challenge in battery technology commercialization. The project received funding from the California Energy Commission (CEC) to enhance US-based clean energy manufacturing. On Ju...

Harry Bajaj, the founder and CEO of Mobec Innovation Pvt. Ltd., based in Noida, India, is investing in various strategies to facilitate India's shift from internal combustion engine (ICE) vehicles to electric vehicles. Mobec describes itself as India's first comprehensive service provider of customizable mobile EV charging solutions and energy storage systems. The company is also involved in lithium-ion and EV battery recycling and refurbishment. In Noida, Mobec has developed processes to rec...

In a press release dated Aug. 4, U Power Ltd. announced the signing of a Letter of Intent (LOI) with a Hong Kong-based vehicle dashcam designer and manufacturer to introduce battery-swapping compatible electric vehicles to the market using U Power's proprietary UOTTA technology. According to the terms of the LOI, the client plans to purchase 300 MGEP swappable-battery compatible EVs, an order which remains contingent on further negotiations and the finalization of a definitive sales ag...

German startup NorcSi has gained recognition in the European battery industry by developing technology to produce silicon anodes, which could lead to higher energy density and faster charging times for electric vehicles. The company recently raised €10.7 million from investors to fund the industrial-scale production of these anodes. Silicon offers significant advantages over graphite, being able to absorb up to 10 times more lithium ions due to its atomic structure, resulting in longer ranges ...

EnergyX, a lithium technology startup backed by General Motors (GM), recently expanded its holdings in the Smackover formation, which stretches from Florida, US, to Texas, US, by acquiring an additional 35,000 acres in a $26 million cash and shares deal. This brings the company's total stake in the area to 47,500 acres. The Smackover is estimated to contain more than 4 million metric tons of lithium, a valued resource for electric vehicles and electronic devices, and EnergyX's holdings are situa...

In the second quarter of 2025, California, US, witnessed the sale of 100,671 zero-emission vehicles (ZEVs), accounting for 21.6% of all new vehicle sales in the state. Although this reflects a slight decrease from the previous year, it marks a continuation of the state's commitment to ZEVs despite challenges such as tariff issues, the reduction of ZEV incentives and the withdrawal of federal funding for electric vehicle infrastructure. Nationwide, EV sales reached 607,089 in the first tw...

Mainland Chinese electric vehicle battery-maker CATL experienced an increase in net profit growth in the second quarter, despite challenges from a competitive EV market in mainland China. The company reported a 34% (32.9% in the first quarter) rise in net profit, reaching 16.5 billion yuan (about $2.3 billion), and an 8.3% (6.2% in the first quarter) increase in revenue to 94.2 billion yuan. For the first half of 2025, CATL's profit grew by 33%, with revenue up by 7.3%. The mainland Chinese a...

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JSW Motors and KPIT Technologies have announced a strategic partnership, focusing on the development of software and digital solutions for JSW Motors' new-energy vehicles portfolio. This collaboration aims to leverage KPIT Technologies' extensive expertise in software and systems development, showcasing its experience from over 2,000 global vehicle production programs, including software-defined vehicle programs. The partnership is intended to redefine the future of mobility in India, enhance cu...

New York Gov. Kathy Hochul has announced the availability of over $21 million to support zero-emission mobility transportation solutions. The state government's Clean Mobility Program aims to fund community-led demonstration projects that enhance connections through micromobility, ride-sharing and on-demand shared transportation options. This initiative seeks to reduce pollution and provide residents, especially in underserved areas, with affordable transportation solutions to access ser...

The BMW Group Plant Steyr in Austria has commenced the series production of the electric engine for the Neue Klasse range of electric vehicles, marking a significant step for BMW's future. This production site in Austria is the first to produce the sixth-generation BMW eDrive (Gen6) electric engine, which is central to the Neue Klasse models. The e-engine production fulfills a promise made three years ago by BMW to enhance its production capabilities. Between the project's launch in 2022...

SK Innovation has announced a merger between its electric vehicle battery subsidiary, SK On, and SK Enmove, known for lubricants and immersion cooling technology, as part of its strategy to evolve into a comprehensive energy company amid the electrification era. The merger was approved on July 30, and the newly combined entity is set to launch on Nov. 1. Concurrently, SK Innovation and SK On's boards have approved a large-scale capital increase through third-party allotment to enhance ca...

Hyundai Mobis reported an 8.7% year-over-year increase in sales to 15.9 trillion won (about $11.7 billion) in the second quarter ended June 30, 2025, according to a press release on July 25. Higher sales helped the leading South Korean supplier record a 36.8% year-over-year growth in operating profit to 870 billion won, resulting in an operating profit margin of 5.5% compared to 4.3% during the same period in 2024. However, the company reported a 6.3% year-over...

U Power Ltd. announced the signing of a memorandum of understanding with Shandong Hi-Speed New Energy (SHNE) Group Ltd. and BOCOM International to develop a commercial electric vehicle battery-swapping ecosystem in Hong Kong. This collaboration aims to build, install and operate 50 smart, zero-carbon battery-swapping stations in key taxi operational areas in Hong Kong. SHNE will invest in the construction of these stations, while BOCOM will provide the necessary financing solutions. U Po...

Freudenberg Sealing Technologies (FST) is undergoing a significant transformation at its Manchester, New Hampshire, site, transitioning from producing gaskets for combustion engines to focusing on e-mobility and hydrogen applications. This shift is supported by major investments and a funding initiative from the US Energy Department. The site will now prioritize manufacturing sealing solutions for battery housings and e-drive systems, necessitating the introduction of new semi- and fully-auto...

Mint Innovation, together with Jaguar Land Rover; LiBatt Recycling, a subsidiary of Recyclus Group; and WMG at the University of Warwick; has secured £8.1 million to boost a lithium-ion (Li-ion) battery project in the UK. The initiative aims to demonstrate Mint's low-carbon, hydrometallurgical black mass refining technology, which is designed to recover lithium, nickel and cobalt from recycled battery materials, fostering an onshore circular supply chain for electric vehicles. ...

Thailand's National Electric Vehicle Policy Committee (EV Board) has approved changes to the EV3 and EV3.5 incentive packages to promote the country as an export hub for battery-electric vehicles (BEVs). The revisions, proposed by the Federation of Thai Industries (FTI), include a rule where one vehicle produced for export counts as 1.5 vehicles, potentially boosting electric vehicle exports to approximately 12,500 units in 2025 and about 52,000 in 2026. Additionally, the EV Board has extende...

Ather Energy, an electric two-wheeler manufacturer, has entered into a memorandum of understanding (MOU) with the Department for Promotion of Industry and Internal Trade (DPIIT), part of India's Ministry of Commerce and Industry. As announced by the ministry, the MOU is designed to accelerate the growth of the clean mobility and advanced manufacturing sectors in India. Under this agreement, Ather Energy will collaborate with DPIIT through the Build in Bharat initiative, part of the Startup Polic...