LG Energy Solution posts KRW 5.6 trillion in consolidated revenue and KRW 492.2 billion in operating profit in Q2 2025 The company records quarterly operating profit even without North American…
battery production
The Panasonic Group firm Panasonic Energy Co., Ltd. declared the formal launch of its new cylindrical lithium-ion battery factory for electric vehicles (EVs). The factory, which is situated in De…
Nobian, a leading provider of salt-based chemicals in Western Europe and Veolia, a global leader in water treatment technologies and lithium compounds production, signed a Memorandum of Understanding (MoU) to…
Asahi Kasei Corporation and Honda Motor Co., Ltd. announced that the two companies have signed a shareholders’ agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint…
The company Laserax has developed a new system in which the welding of battery cells is significantly accelerated using machine vision. With the “Battery Welding Machine”, Laserax from Quebec, Canada…
Honeywell announced two new solutions to optimize electric vehicle (EV) safety for drivers and manufacturing for gigafactories. The technologies, offered by Honeywell Process Solutions and Honeywell Sensing Solutions, support the…
ACC has taken out a 4.4 billion euro loan to support the building of three gigafactories for lithium-ion battery cell manufacture in France, Germany, and Italy, as well as R&D.…
KULR Technology Group has signed an MoU with Forge Nano, a leader in precision nanocoating technology. The strategic partnership, initially estimated at US $3.5 million to US $5 million, will…
Car maker, Volkswagen has decided to invest 180 billion euros ($193 billion) over five years in areas including battery production and raw material sourcing in a bid to cut electric…