Hyundai, SK On to construct EV battery plant in Georgia, US
The new EV battery plant is estimated to involve an investment of about $4-5bn and generate over 3,500…
Electric Vehicles
BlueOval SK breaks ground on $5.8bn EV battery complex in Kentucky
06 Dec 22The facility, which is capable of producing up to 86GWh per year of batteries, is expected to commence…
Ultium Cells to expand capacity of Tennessee battery plant with $275m investment
05 Dec 22The investment by the LGES and GE JV will increase battery production at the Ultium Cells Spring Hill…
Hyundai, SK On partner to secure battery supply for EVs in North America
30 Nov 22Hyundai Motor is said to be expediting efforts of electrification with a global target to sell 3.23 million…
LG Chem to invest $3bn in new cathode manufacturing plant in Tennessee
22 Nov 22Mass production at the cathode manufacturing plant is expected to begin in the second half of 2025
Saudi Arabia’s PIF, Foxconn form electric vehicle joint venture Ceer
04 Nov 22Ceer is a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry (Foxconn)
Panasonic breaks ground on $4bn lithium-ion battery facility in Kansas
03 Nov 22The Kansas facility, which will begin mass production by March 2025 and have annual capacity of 30GWh, is…
Chijet Motor to go public in $1.6bn deal with Jupiter Wellness Acquisition
27 Oct 22Upon completion of the proposed merger, the Chinese company, which develops both traditional fuel vehicles and EVs, intends…
Hyundai Motor breaks ground on $5.5bn EV and battery plant in US
26 Oct 22The automotive major aims to begin commercial production at the new manufacturing facility in the first half of…
Dassault and Verkor sign MoU to expedite low-carbon battery development
25 Oct 22The two companies are expected to develop best practises for virtual, end-to-end development of products and manufacturing processes…