Cadillac Ramps up Lyriq Electric Vehicle Output as Battery Supply Grows
General Motors’ (GM.N), opens new tab Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs,…
US DoE Announces $131 mn for R&D in EV Battery, Charging Systems
The U.S. Department of Energy (DoE) has announced more than $131 million for projects to advance research and development (R&D) in EV batteries and charging systems, also funding a consortium to address critical priorities for the next phase of widescale…
Mississippi Lawmakers to Weigh Incentives for an EV Battery Plant That Could Employ 2,000
Mississippi Gov. Tate Reeves is asking legislators for $350 million in incentives for a proposed factory that would manufacture electric vehicles batteries and employ about 2,000 people in Marshall County. The Republican governor on Tuesday declined to name the company…
Stellantis Invests in More Affordable EV Battery Technology
Stellantis, the parent company of Ram, Jeep, Dodge and Chrysler is trying to make EV batteries, like the one to power the 2025 Ram 1500 REV, more affordable and sustainable in the long run. Stellantis is investing in a French…
Panasonic to Make Upgraded Electric Car Battery as Early as 2024
Panasonic plans to roll out the newest iteration of its electric vehicle battery cells with improved capacity as early as this calendar year, the firms chief technology officer for EV batteries has said. Production of a revamped version of the…
EU Approves $986 Million German State Aid For Northvolt’s Battery Plant, Matching US Subsidies
The European Commission gave the green light to a $986 million German measure aimed at bolstering Swedish sodium-ion battery-batteries company Northvolt’s initiative to build a battery production plant for electric vehicles in the country. The sum sways Northvolt’s decision towards…
Electric Vehicle (EV) Battery Market to Reach US$ 347 Billion by 2033
According to a recent analysis by Fact.MR, the global electric vehicle (EV) battery market is expected to undergo substantial growth at an impressive Compound Annual Growth Rate (CAGR) of 18.5%, reaching a valuation of US$ 347 billion by the conclusion…
Yamaha Motor Establishes New Company for Battery Management in Compact Electric Vehicles
Yamaha Motor Co., Ltd. announces that it has established ENYRING GmbH, as a new company that will offer swappable batteries for compact urban electric vehicles via subscription-based services. By offering such services and by reusing and recycling batteries together with…
US Nano-Silicon Startup Revs Up for EV Battery Boom
Congressman John Curtis (UT-03) toured Ionic Mineral Technologies’ (Ionic MT) new Provo facility this week, underscoring the Utah company’s pivotal role in securing America’s electric vehicle (EV) battery future. Ionic MT’s revolutionary nano-silicon anode material, Ionisil™, promises an 8x capacity…
China’s Gotion High-Tech to Open Electric Vehicle Battery Plant in Morocco
As part of its massive global efforts to increase the availability and robustness of the EV (Electric Vehicle) market, Chinese manufacturer of EV batteries Gotion High-Tech is considering building a facility in Morocco. According to a statement from global tech…
