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...

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...

Japan requests that the United States

The Japanese government announced on Saturday that it has requested Washington to relax new regulations governing electric vehicle tax credits in the United States, claiming that they are unfair to Japanese automakers.

The new laws controlling tax credits for acquiring environmentally f...

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...

The first autonomous vehicle without a cabin is being built by an Australian tech company

The first fully autonomous and cabinless commercial vehicle, which may be used for everything from last-mile delivery to industrial logistics, is being developed by Oxford, England-based Oxbotica and Australian technology company Applied EV.

To integrate Oxbotica's autonomous car so...

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...

Global Off-Highway Vehicle (OHV) Telematics Market is expected to grow at a CAGR of 14.2% over the Forecast Period

An off-highway vehicle (OHV) is explained as any vehicle designed to be driven off-road. Some cars are built for extreme off-road conditions like mud and snow, while others are built for everyday off-road driving. Although telematics systems are often used to track off-road vehicles, several comp...

Global Electric Vehicle (EV) Charging Infrastructure Market 2021

Electric vehicles (EV) have variety of ways to be charged, depending on location and requirement. Thus, charging infrastructure for EVs is of different types and designed for different applications. The specifications and standards for EV chargers, also known as electric vehicle supply equipment ...

SK INNOVATION’S SUBSIDIARY SKIET RECEIVED $73.1 BILLION AS IPO

Highlights –

• SK Innovation’s subsidiary SKIET received $73.1 billion as IPO.
• SKIET has set the IPO price at US$94.60 per share.
• SKIET supplies battery separators to major EV makers, including Tesla and Volkswagen.
• It ...

LG ENERGY & GM TO BUILD EV BATTERY FACTORY IN THE U.S

Highlights –

• LG Energy & GM to build EV battery factory in the U.S.
• LG Energy Solution will spend 1.06 trillion won for building the factory.
• The total investment for the new EV factory is expected to be worth 2.7 trillion won.

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.&...

CHINA EVERGRANDE GROUP TO SELL 10% OF FCB TO 17 INVESTORS

Highlights –

• China Evergrande Group to sell 10% of FCB to 17 investors.
• The company’s online real estate and automobile marketplace will be sold for $2.10 billion.
• The company is doing so to raise funds ahead of the unit’s...

POSCO TO PRODUCTE LITHIUM IN A SALT LAKE IN ARGENTINA IN 2023

Highlights –

• POSCO to produce lithium in a salt lake in Argentina in 2023.
• The steelmaker completed its demo plant near the Salar del Hombre Muerto salt lake in Argentina.
• The salt lake is said to contain 13.5 million tons of lithium ...

JAPAN REPORTS A RISE IN NEW CAR SALES BY 6.8 PERCENT IN JANUARY 2021

Highlights –

• Japan reports a rise in new car sales by 6.8 percent in January 2021.
• In January 2021, sales of new cars rose to 384.442 units.
• Sales excluding minicars rose by 6.8 percent to 236,592 vehicles.
• Toyota reported ...

HONDA ANNOUNCES COLLABORATION WITH U.S GENERAL MOTORS CO. AND CRUISE

Highlights –

• Honda announces collaboration with U.S General Motors Co. and Cruise.
• Honda plans to launch a service using self-driving vehicles in Japan.
• Honda plans to continue on making autonomous vehicle MaaS business in Japan a rea...

KIA CORP. BY 2027 PLANS TO LAUNCH NEW 7 ELECTRIC VEHICLE PLATFORMS

Highlights –

• Kia Corp. by 2027 to launch electric vehicle platforms.
• The new EV platform is called the electric-global modular platform (E-GMP) and will be released in the first quarter.
• The company plans to boost its EV lineup with 1...

HONG KONG POLICE INFORMED ABOUT APPLE DAILY JOURNALISTS WHO RAN VEHICLE INVESTIGATION

HIGHLIGHTS

• Hong Kong police have ordered newspaper Apple Daily to hand over the data of journalists who looked for public vehicle license plate records as a component of their revealing

The demand came after the capture of RTHK maker Choy Yuk-l...

Asia Pacific Light Vehicle Leasing Market is expected to grow at a CAGR of 3.8% over the Forecast Period

The inventive mobility leasing solutions such as electric vehicle (EV) leasing is gaining traction in the light vehicle leasing market. Government bodies, who are constantly striving towards reducing environmental pollution, are promoting the adoption of electric vehicles. For instance, in August...

CHINA’S CZ-8 CARRIER ROCKET READY TO BE LAUNCHED ON SUNDAY

Highlights –

• China’s CZ-8 carrier rocket ready to be launched on Sunday.
• The rocket has the potential to be reusable and could also cut launching costs.
• The new rocket will have non-toxic propellants and has a capacity of at lea...