US gives $3.16bn funding boost to battery manufacturing and supply chains
The infrastructure investments to be made under the Bipartisan Infrastructure Law are expected to help in establishing new,…
Cars
Stellantis signs €190m deal with Serbia to manufacture electric cars
29 Apr 22The Serbian government will participate in the project through a 33% ownership stake by investing €48m
LG Energy to invest $5.5bn to boost battery manufacturing capacity
27 Apr 22The South Korean battery maker aims to achieve an annual production capacity of 200GWh for 2022 and 520GWh…
Mercedes-Benz opens €200m electric software hub in Sindelfingen, Germany
11 Apr 22Under a single roof, the hub is said to bring together various software, hardware, system integration, and testing…
SCB to build gigafactory for pure solid-state batteries in Switzerland
07 Apr 22The recently launched Switzerland-based company said that the production at the facility will scale from 1.2GWh to 7.6GWH
General Motors, Honda to co-develop series of electric vehicles
06 Apr 22Based on a new global architecture, the EVs will use General Motors’ next-generation Ultium battery technology
Panasonic to invest $4.9bn in EV batteries, software, and technology
04 Apr 22The Japanese conglomerate will invest $3.26bn in the automotive battery area, supply chain software area, and air quality…
Vietnamese automobile firm VinFast to build EV factory in North Carolina
30 Mar 22The automotive assembly and battery manufacturing plant to be built in Triangle Innovation Point in Chatham County will…
Stellantis, LGES to build $4.1bn EV battery manufacturing plant in Canada
24 Mar 22The EV battery manufacturing facility to be built in Windsor is being planned to have an annual production…
Suzuki Motor to invest $1.4bn in India for manufacturing EVs and batteries
21 Mar 22The investment includes an amount of $960m to be spent by the firm in 2026 to construct a…