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SVOLT Expands Global Footprint with Battery Module and Pack Plant in Thailand

SVOLT, the battery cell manufacturer that emerged from the Chinese carmaker Great Wall, has begun setting up a plant in Thailand for the assembly of battery modules and packs for electric and hybrid cars. Completion is scheduled for this year. The firm has begun the construction of a module and pack factory at Sri Racha […]

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LOHUM & Altigreen Sign Strategic Partnership for Low Carbon Recycling of 1 GWh EV Batteries

LOHUM, a producer of sustainable energy transition materials and Altigreen, a manufacturer of commercial cargo electric vehicles, have announced a strategic partnership aimed at addressing the critical challenge of sustainable battery disposal in the electric vehicle (EV) industry. Under the partnership, LOHUM will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM™ technology, recovering […]

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Mercedes To Integrate With Tesla’s North American Charging Standard System

Mercedes-Benz has revealed its plans to integrate Tesla’s North American Charging Standard (NACS) system into its electric vehicles (EVs) in North America, beginning in 2025. As a first step, the company will introduce an adaptor in 2024, enabling its existing Combined Charging System (CCS) EVs to charge on the NACS network. This integration will grant […]

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Chinese Firms Doubled Their Investments In Critical Minerals: IEA Report

A latest report by the International Energy Agency (IEA) claimed that companies in China doubled their investments in critical minerals in 2022. The report, released today, talked about the global landscape of demand and supply of critical minerals like Lithium, Cobalt and Nickel, among others. In its maiden report on the issue, titled “Critical Minerals Market […]

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Fintech platform Rupyy Partners with OEMs for Foray into EV Financing

Rupyy, a FinTech platform, recently announced its foray into the electric vehicle (EV) financing segment. The firm claims says it is building on its mission to revolutionize the financing experience for all vehicle financing categories, Rupyy has partnered with original equipment manufacturers (OEMs) and multi-brand outlets (MBOs) in the EV industry to offer flexible and […]

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Latest CATL Electrolyte Innovation Improves EV Battery Efficiency in Cold Weather

Chinese battery manufacturer CATL has revealed the development of materials for lithium-ion batteries which would augment the charging efficiency of electric vehicles (EVs), particularly in extremely cold conditions. During a forum in Shanghai, Wu Kai, the chi ef scientist at CATL, revealed that the firm has successfully created new electrolyte materials that can dramatically enhance […]

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POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment

POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […]

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Battery Smart Raises $33 Million In Pre-Series B Funding

EV Battery swapping network builder Battery Smart has announced a $33 million fund raise in its Pre-Series B funding. The firm plans to use the funds to expand its geographic footprint and acquire more users. The latest funding round saw Battery Smart’s existing investors, Tiger Global and Blume Ventures, as well as new investors participate. […]

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Magenta Mobility Unveils PLENT With 12 Charging Outputs

Magenta Mobility, an Indian Electric Mobility and EV charging solution provider announced the launch of its groundbreaking product designed to meet the growing demand for safe, smart, and cost-optimal EV charging. According to Magenta, EV charger PLENT reduces the cost per charging point, especially for fleet operators and residential societies. The key feature is that […]

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