Electrovaya Receives US$3.5 million Order for Batteries for Use by Existing Fortune 100 Customer
Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received a purchase order valued at approximately US$3.5 million for immediate delivery of its batteries from one of its OEM sales…
Samsung and GM Finalize Deal for EV Batteries Amid EV Manufacture Onshoring Effort
The latest in the field came from the South Korean battery manufacturer Samsung SDI, which announced that it finalized an agreement with the US automaker General Motors (GM) on Wednesday August 28. Under the agreement, the companies are establishing an…
BAK Battery Unveils Revolutionary Big Cylindrical Power Batteries at China EV100 Forum 2024
At the China EV100 Forum 2024, Dr. Lin from BAK Battery highlighted the potential of big cylindrical power batteries as the future of EVs, suggesting ultra-fast charging and enhanced safety features. From March 15 to March 17, the China EV100…
This $1b EV Nickel Plant Will be North America’s Largest
Canada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed. The plant will have the capacity to produce more than 80,000 tons…
Europe Over-reliant on Chinese EV batteries, Warns South Korea’s SK On
Europe is in danger of becoming overdependent on Chinese electric-car batteries, said a leading South Korean industry executive, as the continent struggles to agree on a coherent strategy to boost domestic production. With European carmakers set to increase imports of cheap…
New US Rules on Chinese Batteries Could Push up Price of Electric Cars
The US government has announced new regulations that aim to keep Chinese batteries out of cars sold in the United States, a move that could push up the price of electric vehicles for American drivers. The Biden administration on Friday…
EV Tax Credit Rules Would Clarify Restrictions on Foreign-made Batteries
The Treasury and Energy departments on Friday proposed rules that would establish which electric vehicles will qualify for tax credits under new thresholds aimed to limit battery ingredients that are made in or sourced from adversaries like China.The proposal falls…
Orano Commissions Its Industrial Pilots for the Recycling of Electric Vehicle Batteries
Orano has taken a major step forward with the commissioning of its two industrial pilots allowing its process for the recycling of materials contained in electric vehicle batteries to be tested. Hosted at the group’s Center for Innovation in Extractive…
GM To Include EV Batteries In UAW Agreement
ELECTRIC VEHICLES: General Motors agrees to include electric vehicle battery manufacturing under its main agreement with the UAW, leading the union to pause expansion of its strike against the Big Three automaker. ALSO:Climate advocates join striking UAW workers on the…
Immersion Cooling For EV Batteries Market Worth $156.90 Million By 2030
Immersion Cooling for EV Batteries Market in terms of revenue was estimated to be worth $1.23 Million in 2022 and is poised to reach $156.90 Million by 2030, growing at a CAGR of 91.1% from 2022 to 2030 according to…
