Miner Expanding in Europe Wants More Aid For EV Battery Materials
An Australian miner wants to help Europe challenge China’s dominance of the $143 billion market for electric-vehicle batteries.Talga Group Ltd. aims to play a key role in setting up a European supply chain for EV batteries and reduce local manufacturers’…
Stellantis Picks Indiana For 2nd US EV Battery Plant
Stellantis announced Wednesday that it would build its second U.S.-based electric vehicle battery plant in Kokomo, Indiana, where the company is already building a similar battery plant. Both facilities are being built as joint ventures with South Korea’s Samsung SDI….
Arizona rural roads in need of electric vehicle charging stations
When John Martinson decided to take a road trip from Phoenix to Newfoundland, Canada, he knew it was not going to be an ordinary trip. He would drive an electric vehicle. Martinson and his wife have owned 10 of them,…
LG Energy Solution Invests $3B In US Battery Manufacturing Expansion
The battery supply deal is part of Toyota’s push to produce 3.5 million battery EVs a year by 2030. To support the push, the automaker announced plans last month to triple its annual EV production target to 600,000 vehicles in…
Volkswagen Charges Up Electric Car Battery Production With Joint Venture
The Volkswagen Group’s new European battery joint venture aims to produce batteries for 2.2 million electric vehicles (EVs) by 2030.Newly christened Ionway, the AU$4.5 billion joint venture between Volkswagen’s battery subsidiary, PowerCo, and circular material technology company, Umicore was first…
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…
The Federal Government’s Policies on Batteries
Battery Manufacturing Advanced Battery Manufacturing Tax Credit: The Inflation Reduction Act of 2022 provides a 30% tax credit for the domestic production of advanced batteries and components. This credit is available for both new and existing facilities, and it is…
LG Energy, Toyota Announce Longterm U.S. EV Battery Deal
LG Energy and Toyota said Wednesday they’ve reached a long-term agreement to supply batteries for electric vehicles in the United States. Under the deal, LG will supply Toyota with 20GWh of high-nickel NCMA battery modules beginning in 2025.LG Energy will…
Toyota To Power New EVs In The US With Big LG Battery Supply Agreement
Toyota-battery-supply-EVsToyota has found a battery supplier to power its next wave of electric vehicles in the US. LG Energy Solution and Toyota signed a long-term battery supply agreement Wednesday for upcoming EV models assembled in the US.Starting in 2025, LG…
Quebec Lures $5 Billion Battery Factory For Electric Cars
Northvolt, a Swedish maker of batteries for electric cars, said on Thursday that it would build a factory near Montreal after the Canadian government matched financial incentives that would have been available from the United States. The company will invest…
