EV Update Media | USA & Europe – Electric Vehicles and Battery Industry News & Updates

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Iron-powered Batteries The Future Of Electric Vehicles 

LITHIUM IRON phosphate-powered batteries are the future of electric vehicles, argues Mujeeb Ijaz, founder and CEO of Our Next Generation Energy (ONE), which is based in Detroit, Michigan.  He believes his company has made a lot of progress with this…

Hon Hai Seeking Partners For U.S. Ev Battery Production 

Taiwan-based manufacturing giant Hon Hai Precision Industry Co. is seeking partners in the United States market to build up its production of batteries for electric vehicles and their components, according to a U.S. brokerage.  In a research report released Tuesday,…

Hyundai Pushes To Start Production In Georgia Due To Federal Electric Vehicle Incentives 

Hyundai is rushing to start electric vehicle and battery production in Georgia as soon as possible to take advantage of federal electric vehicle incentives that reward domestic production.  Hyundai currently sells imported vehicles and has been helped by the law…

Volvo Partnership Will Recycle Ev Batteries Into Energy Storage 

As the world transitions to sustainable transportation through electric vehicles (EVs), some are considering ways to reduce EV battery waste. One such company includes Volvo, which has announced a partnership to recycle old EV batteries into new energy storage systems. …

Smartville Second-Life EV Battery to 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™…

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…