Serbia, EU Sign MoU on Sustainable Raw Materials, Batteries, EVs
Serbia’s government said on Friday it signed a memorandum of understanding (MoU) with the European Union (EU) on the launch of strategic partnership in the fields of sustainable raw materials, battery value chains, and electric vehicles (EVs). The MoU was…
Volvo Cars to Launch First Commercially Available EV Battery Passport
According to a Wall Street Journal story about Volvo’s battery passport, among the information it includes is verified data regarding the battery’s raw materials, the chain of custody of components and recycled material. “The purpose of the battery passport is…
LG Energy Solution to Supply LFP EV Batteries to Renault Group’s Ampere
LG Energy Solution (KRX: 373220) today announced that it will supply LFP pouch-type EV batteries to Ampere, the EV pure player born from Renault Group, its long-time customer. The two companies signed the supply agreement at Renault’s Paris headquarters in…
ExxonMobil and EV Battery Maker SK On Sign MOU Regarding U.S. Produced Mobil™ Lithium
ExxonMobil (NYSE: XOM) has signed a non-binding memorandum of understanding (MOU) with SK On, a global leading electric vehicle (EV) battery developer, that opens the door to secure a multiyear offtake agreement of up to 100,000 metric tons of Mobil™…
European Battery Manufacturer Pauses Development As EV Demand Cools
Troubling news for the electric vehicle market emerged from Europe on Tuesday. The first was the collapse of Porsche Taycan prices, and second, a battery plant owned by Stellantis and Mercedes-Benz halted development. All of this signifies sliding EV demand…
EV Battery Maker Announces its Latest Cell Technology is World’s First to Achieve 2,000 Consecutive Extreme Fast Charging Cycles
Middle Eastern battery maker StoreDot has hit a performance milestone with a power pack that reached 2,000 consecutive cycles. It’s part of a development progression for electric vehicle range and charge performance that could be game-changing for the industry if…
Call2Recycle & Ascend Elements Formalize Agreement to Offer Customized EV Battery Management, Logistics & Recycling Services
A new agreement between Ascend Elements and Call2Recycle will bring customized electric vehicle (EV) battery management, logistics and recycling services to automotive dealerships, recyclers, and repair facilities. The program combines the EV battery recycling infrastructure and advanced technologies of Ascend…
China EV Stocks Sink on Reports of US Tariffs
Shares of major Chinese electric vehicle makers fell on Friday, after multiple reports said that the U.S. was preparing more tariffs against Chinese companies, specifically aimed at EVs and other key sectors. Li Auto Inc (HK:2015) (NASDAQ:LI), NIO Inc (HK:9866)…
LG Energy Delivers First Battery Cells From Tennessee Plant
SPRING HILL, TN—LG Energy Solution has delivered the first battery cells produced at the Ultium Cells’ assembly plant here. The cells will be used in General Motors’ third-generation electric vehicles, including the Cadillac Lyriq. The highly automated plant is the…
Ascend Elements Launches Logistics Simulation at America’s First EV Battery Materials (pCAM) Manufacturing Facility
EV battery materials manufacturer Ascend Elements and the professional services firm Ernst & Young LLP (EY US) are collaborating on the road to net zero carbon emissions. Ascend Elements recently selected EY US to develop a complex logistics simulation model…
