Asia's leading graphite producer, China, will restrict exports of a crucial battery material.

As a measure to safeguard national security, China announced on Friday that export permits will be necessary for certain graphite products. In response to challenges over its global manufacturing dominance, China unexpectedly endeavoured to exert control over a vital mineral supply.

Chi...

LG Energy Solution and Hyundai Motor Group Set Up a Joint Venture for NA Battery Cell.

Hyundai Motor Group said on May 26 that it had signed a deal with LG Energy Solution to set up a joint venture factory in the U.S. to make battery cells for electric vehicles (EVs) by 2025.

The joint venture factory will be built in Bryan County, Georgia, where the Hyundai Motor Group M...

Players in South Korea's electric vehicle battery market are aiming for the world's best.

Puddles of all sizes could be seen all over the ground around a massive steel structure that was thickly embedded with millions of steel beams because of the rain that had wetted most of the clay soil on the ground. Nonetheless, many of the 800 engineers and construction employees had shown up fo...

Global Electric Vehicle Battery Reuse and Recycling Market by Service Type, Battery Type, Organization Size, End Users and Region

The electric vehicles market is growing aggressively courtesy of fast technological advancements, surging pollution levels and depleting non-renewable sources of energy. The demand for electric vehicles has been constantly rising as people are turning towards owing to depleting non-renewable sour...

Vehicle battery production is taking a revolutionary change

On Tuesday Japanese Corporation owned a $2 billion plant that would generate 2,000 full-time employment. Kentucky marked another step in the growth of the electric vehicle battery industry.

The Modules and battery cells that will help to power electric vehicles made by several automaker...

EU battery sector cautions against regulating lithium

Seven business organisations have written to EU MPs warning that the EU's designation of lithium as a dangerous material will slow down the energy transition and weaken Europe's position in the race for electric vehicles (EV).

The European Battery Recycling Association, the Euro...

EV Metals Group Announces Australian Lithium Alliance

The EV Metals Group has launched the Australian Lithium Alliance which is a strategic initiative to collaborate with Australian companies to boost the exploration, mining, production, and development of lithium minerals.

The initiative will be put into action by the Australian Lithium A...

Global Electric Vehicle Battery Swapping Market to Grow at 25.6% during the Forecast Period

Commercial Vehicles to Hold Largest Market Share in 2020

Commercial electric vehicles accounted for the higher market share in 2020 and is projected to maintain its dominance over the forecast period (2021-2029) in the electric vehicle battery swapping market. The grow...

Northvolt Battery Plant Comes to Life

On Wednesday, Northvolt announced that its new gigafactory in Sweden had assembled the cell for its first battery. This would make the company the first in Europe to design and manufacture a battery.

The cell is made of a prismatic format with several thinner and lighter cells combining...

REPORT: NISSAN IN TALKS OEVR EV BATTERY FACTORY IN UNITED KINGDOM

Highlights:

• Nissan is in talks over the production of an electric car battery factory in United Kingdom
• The discussions have been part of a plan for making Sunderland, the largest high-volume EV site outside Japan

According to a repo...

LG CHEM’S NET PROFIT INCREASED TO $1.2 BILLION IN Q1

Highlights –

• LG Chem’s net profit increased to $1.2 billion in Q1.
• In Q1 the company’s operating profit jumped 584 percent on-year to 1.4 trillion won.
• LG Energy Solution Ltd. reported 4.2 trillion won in sales and 341.2 b...

ZENOBE ENERGY TO DEVELOP 100-MW GRID BATTERY IN UNITED KINGDOM

Highlights:

• The company ‘Zenobe Energy’ is going to develop a 100-megawatt grid battery in United Kingdom
• The energy storage plant is going to be the first plant in the world for absorbing the reactive power directly

The ...

INDIAN OIL AND PHINERGY TO MANUFACTURE SPECIAL BATTERIES

HIGHLIGHTS

• Indian Oil and Phinergy have joined hands to manufacture special batteries in India.
• Ashok Leyland and Maruti Suzuki have signed letter of intent with new joint venture for using aluminium-air systems.

Indian Oil and Phine...

S. KOREA’S 3 EV BATTERY MAKERS SAW GLOBAL MARKET SHARES FALL

Highlights –

• S. Korea’s 3 EV battery makers saw global market shares fall.
• LG Energy Solution Ltd. global market share slipped to 19.2 percent.
• SK Innovation Co. global market share fell to 5 percent.
• Samsung SDI Co.&...

10 GW HYBRID RENEWABLE POWER PROJECTS COMING TO LADAKH

HIGHLIGHTS

• Indian governments want to tap into renewable power projects potential of Ladakh due to its height.
• 10 GW hybrid renewable power projects are going to start in Ladakh very soon.
• Land identification activities and preparation of D...

Eelpower SIGNS AGREEMENT TO BOOST BATTERY STORAGE IN UNITED KINGDOM

Highlights:

• Eelpower has signed a joint venture with the SUSI Infrastructure Partners for accelerating the rollout of the energy portfolio in United Kingdom
• According to the agreement, Eelpower and SUSI is going to be constructing a pipeline of the ne...

SOUTH KOREA’S EXPORTS OF RECHARGEABLE BATTERIES INCREASE IN 2020

Highlights –

• South Korea’s exports of rechargeable batteries increase in 2020.
• In 2020, the overseas shipments of rechargeable batteries came to around $6.6 billion.
• Overseas shipments of rechargeable batteries are forecast to e...

POSCO CHEMICAL SOLD SHARES TO RAISE $1.1 BILLION FOR RECHARGEABLE BATTERY BUSINESS

Highlights –

• POSCO Chemical sold shares to raise $1.1 billion for rechargeable battery business.
• POSCO Chemical Co. sold 16.47 million shares at 77,300 won.
• The new shares are said to be listed on the Seoul bourse on Feb. 3.

TRACE TOGETHER NO MORE SECURITY CONCERN ISSUE BUT A BATTERY DRAINING APP

HIGHLIGHTS

• The selection of the TraceTogether application and tokens remain at more than 60%, drawing nearer to the 70% objective needed to move to Phase 3

The Smart Nation and Digital Government Group (SNDGG) said that the figure is in the low...

TESLA CRASH LEAVES MUCH TO ANSWER- CAR MALFUNCTION OR SIMPLY DRIVERS CARELESSNESS

• South Korean police are scrutinizing a Tesla crash that killed one person and injured two others last week, to see if malfunctions in the vehicle could have played a role.
• The Yongsan Police Station said Sunday that the vehicle has been take in custody of the National Forensic ...