The U.S. International Trade Commission had decided in February that SK stole 22 trade secrets from LG Energy and that SK Innovation should be barred from importing, making or selling batteries in the United States for 10 years. SEOUL: South Korean President Moon Jae-in on Monday welcomed a decision by two South Korean electric vehicle […]
TDK Will Invest US$5 Billion into EV Battery Production and Development of Clean Energy Technologies
TDK, which is among the major Japanese electronics manufacturers, has just announced that it will be investing US$5 billion (or 520 billion yen) into EV battery production and development of clean energy technologies over the next three years. The main reason behind this move is the rapid growth of the global EV market in terms […]
GM working with ‘all the best startups’ on next-gen EV battery tech -exec
Parks, speaking at an investor conference, said GM continues to build its relationship with Honda, with whom the U.S. automaker is jointly developing several future electric vehicles. DETROIT : General Motors Co, as part of a $27 billion initiative to match or surpass Tesla Inc in the electric vehicle sector, is working with “all the […]
EV Battery Tech Unveils the IoniX Pro Smart Wall™ Series
ACDC announces plans to launch a series of products to hit the $100 Billion+ Battery Market VANCOUVER, BRITISH COLUMBIA : Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to announce its plans to launch the Ionix Pro “Smart Wall™” series (the “Smart Wall™series”). After considerable research and development, […]
Ford Considers In-House Manufacturing to Overcome Limitations of Its EV Battery Supply
Supply and logistics are key in any battle. In the increasingly competitive market for electric vehicles (EV), securing a stable supply of lithium-ion (Li-ion) batteries has become critical for all participating car makers. According to the reporting from various media outlets, Ford is recently thinking about following EV leader Tesla in establishing in-house manufacturing for […]
Toyota is working on 1,000km EV battery with Kyoto Uni
Japanese car giant Toyota is working on an electric vehicle battery that it says would allow a car to drive 1,000 km in normal driving conditions. Last week, Hyundai demonstrated that an unmodified standard spec Kona Electric with 64kWh battery could drive 1,000 kilometres – but only in contrived conditions that limited the speed 30km […]
Nissan Licenses Lithium-Ion Battery Technology To APB Corporation
APB plans to build a factory in Japan which will use Nissan’s technology to make all-polymer batteries for storage use All-polymer batteries are said to be the next generation of lithium-ion batteries Nissan said that it has licensed an advanced technology to APB Corporation which will allow mass production of lower-cost, safer lithium-ion batteries with […]
China EV battery maker Farasis Energy aims to raise $479 mln in STAR board listing
Farasis, which said last year that it planned a share market listing, is expected to be valued at around 30 billion yuan after the IPO, said two sources with direct knowledge of the matter BEIJING: Chinese electric vehicle battery maker Farasis Energy has received regulatory approval to raise around 3.4 billion yuan ($479 million) in […]
The top miners are split on how to chase the EV battery boom
BHP has revived a declining nickel unit in Western Australia to target the sector, while Rio Tinto Group is accelerating work to enter the lithium market The world’s biggest miners, including BHP Group and Glencore Plc, are finally firm believers in the electric vehicle battery revolution — what they don’t agree on is which metals […]
Swiss startup announces EV battery with over 900km range
Innolith AG, a Swiss startup specialising in rechargeable inorganic battery technology, revealed that a non-flammable, lithium-based electric vehicle battery capable of offering cars over 900km range is in development at its German laboratories. The key difference between the design of the high-density Innolith Energy Battery and that of more traditional batteries is that the Innolith […]