Smartville Second-life Ev Battery Systems To Help Power Nissan North America
Smartville Inc., an EV battery-repurposing innovator, has been contracted to install a 500-kilowatt-hour battery energy storage system (BESS) at the Nissan North America headquarters in Franklin, Tenn. using second-life Nissan LEAF electric vehicle battery packs. Smartville launched the Smartville 360™ BESS today…
Europe Electric Vehicle Battery Market Is Valued At Usd 10.3 Billion At A 5.9% Cagr By 2032
The European electric vehicle battery market achieved a significant milestone with sales totaling US$ 5.8 billion in 2022. Projections indicate that this market is poised for substantial growth, expected to maintain a steady 5.9% compound annual growth rate (CAGR) trajectory….
Gotion Builds Ev Lithium Battery Manufacturing Plant In Illinois
Gotion announced on Friday that it is building a new electric vehicle (EV) lithium battery manufacturing plant in Manteno, U.S. state of Illinois. Covering approximately 150 acres, the plant will focus on lithium-ion battery cell, battery pack production, and energy…
Stellantis Expects To Add More Gigafactories For Ev Batteries
Stellantis will build more battery-making plants on top of the six facilities it already plans in Europe and North America. The additional capacity will support growing production of EV vehicles, said Stellantis’ head of global propulsion systems, Micky Bly. “We have committed…
Unit Of South Korea’s Solus To Build Canada Copper Foil Facility As Part Of EV Battery Push
A unit of South Korea’s Solus Advanced Materials will build a copper foil facility in the Canadian province of Quebec, producing technology for electric vehicle (EV) batteries, Ottawa said on Tuesday. The Volta Energy Solutions project in the town of Granby is valued…
Hyundai And LG To Spend An Extra $2B On Their US EV Battery Plant
Hyundai Motor Group and LG Energy Solution (LGES) are going to inject an additional $2 billion into their $4.3 billion US EV battery factory. Carmaker Hyundai and lithium-ion battery maker LGES signed a memorandum of understanding at LGES’s headquarters in…
Battery Firm Redwood Materials Raises Over $1 Billion To Expand US Ops
Redwood Materials said on Tuesday it had raised more than $1 billion in new funding as the battery materials firm, founded by former Tesla executive JB Straubel, seeks to expand its operations in the United States. The company in February…
Swedish EV Battery Maker Raises $1.2B To Expand to North America
Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to report from Reuters. Tuesday’s announcement signals the first time Northvolt has…
Next-gen LFP Battery Tech For EVs Adds 250 Miles In 10 Minutes
Chinese battery supplier CATL on Wednesday announced a new lithium iron phosphate (LFP) battery that the company claims will enable super-fast charging. Called Shenxing, the new battery is scheduled to enter mass production later this year, according to a company…
Nikola Recalls Electric Trucks Due To Battery Pack Fire Risks
Nikola is voluntarily recalling its battery electric trucks because of a fire hazard issue tied to a battery pack component, the OEM announced Friday. The manufacturer is alerting the National Highway Traffic Safety Administration about the 209 Tre BEVs affected by the issue and is…
