EIB Backs EV Charging Expansion In Greece And Cyprus
The European Investment Bank (EIB) is providing up to 17.5 million euros in long-term venture debt financing to Joltie SA., a Greek electric vehicle charging point operator, to accelerate the roll-out of public charging infrastructure in Greece and Cyprus, Trend…
Pioneering Intelligence in the Electric Vehicle and Battery Ecosystem
The global transition to electric mobility is no longer a distant vision — it is a defining reality shaping the future of transportation, energy, and sustainability. At the center of this transformation lies not only the adoption of electric vehicles…
U.S. Researchers Are Developing An EV Battery Without ‘Forever Chemicals’
The global demand for lithium-ion batteries is forecast to increase from 700 gigawatt-hours in 2022 to a whopping 4.7 terawatt-hours by 2030, according to Mckinsey & Company. That’s because battery usage is growing not just in electric vehicles but also…
This $500M EV Battery Material Plant is the First of its Kind in the US
Japan’s UBE Corporation has broken ground in Louisiana on what will be the US’s only dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant – key components for lithium-ion batteries in EVs and battery storage. DMC is also used in…
Toyota’s Expanded $14B North Carolina EV Battery Plant Ready to Roll
Toyota’s investment in North Carolina totals nearly $14 billion, the company said. The expansion, announced in 2023, added eight production lines to the facility, which will employ about 5,000 workers.Production will ramp up in phases through 2030, eventually reaching a…
Envision AESC France gains EU nod for $50 mln French aid for EV batteries plant
Envision AESC France gains EU nod for $50 mln French aid for EV batteries plantPARIS, Jan 31 (Reuters) – China’s Envision AESC on Friday secured EU approval for 48 million euros ($50 million) worth of French state aid for a…
Forsee Power Launches PULSE PLUS, a Highly Durable High-power Battery System for Heavy Vehicles
Forsee Power (FR0014005SB3 – FORSE), the expert in smart battery systems for commercial and industrial electric vehicles, announces the launch of PULSE PLUS, its new high-power battery system designed to meet the most demanding needs of hybrid and fully battery-powered…
Octillion Power Systems Inaugurates New Battery Factory in Nevada
Octillion Power Systems (“Octillion”), a global-leading supplier of advanced high-density lithium-ion battery packs for a range of passenger and commercial fleet electric vehicles—today announced the inauguration of a new battery system manufacturing facility in Reno, Nevada (“Nevada One”). Octillion deepens…
U Power Limited Commences Commercial Operations in Peru with UOTTA Battery-Swapping Technology
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that its UOTTA battery-swapping technology for two-wheeler and three-wheeler…
GM, Vianode Announce Synthetic Graphite Supply Deal for EV Batteries
GM’s agreement with Vianode covers the development of large-scale manufacturing and supply of synthetic anode graphite through 2033. The company aims to supply enough anode materials to support the production of 3 million EVs per year by 2030, the release…