PowerCo Plans to Invest More Than €20 Billion In Batteries
Volkswagen (VW) said last year that it will form a new subsidiary, PowerCo, to control the group’s global battery business. In addition to cell manufacture,...
Tag : Battery manufacturing
Electric Vehicles Big CO2 Footprint Diminishes As You Drive More
Electric vehicles (EV) are rapidly changing the automotive scene, but opponents have underlined how substantial their emissions are from production to disposal, while being advertised...
Stellantis & LG Will Invest $4.1 Billion In Battery Manufacturing
Stellantis and LG Energy Solution revealed the official name of their battery joint venture, NextStar Energy Inc. NextStar Energy will be the country’s first large-scale...
Upcycling Used Face Mask And Medical Waste Into Batteries
During the coronavirus epidemic, individuals throughout the world began wearing face mask, which is equal to more than 130 billion masks every month, resulting in...
Exide Invest Rs.6000 Cr. In Lithium Battery Plant
Exide Industries’ board of directors recently resolved to build a multi-gigawatt lithium-ion cell production factory and also intends to apply for and participate in the...
Reliance Buys LFP Battery Company For USD 61 Million
Reliance New Energy Limited (“Reliance”) has signed formal agreements to purchase practically all of the assets of Lithium Werks BV (“Lithium Werks”) for a total...
Toyota Motors Will Invest $3.4 Billion In EV Battery Development And Manufacturing
Toyota Motors, the world’s largest automobile manufacturer by volume, has already sold over 18.7 million electric vehicles, including over 4.5 million EVs in the United...
Redwood Plans To Shift World’s Battery Manufacturing From Asia To America
Today, the world’s battery manufacturing powerhouses — CATL, Panasonic, LG Energy Solution — are mostly found in Asia. Redwood Materials, wants to change that paradigm...