Mercedes-Benz Group AG is reportedly in advanced negotiations with South Korea’s Samsung SDI to secure a long-term supply of battery cells for its future electric vehicles, signalling a strategic move…
EV battery
Tesla has expanded its supply chain presence in China by adding Sunwoda Energy Technology Co., Ltd. as a new battery supplier, according to a report by 36Kr citing multiple industry…
India is confident of establishing a complete electric vehicle (EV) battery ecosystem within the next two to three years, Mines Secretary Piyush Goyal said, outlining a comprehensive strategy focused on…
The United Kingdom has awarded approximately £380 million ($509.54 million) in funding to Agratas, the battery manufacturing arm of India’s Tata Group, to accelerate the country’s transition to zero-emission vehicles.…
Samsung SDI has extended the maturity of a 1.6 trillion won (approximately $1.05 billion) loan to StarPlus Energy, its battery joint venture with Stellantis, according to a recent regulatory filing.…
Exide Industries Ltd (EIL), India’s largest conventional battery manufacturer, has infused ₹450 crore into its wholly owned subsidiary, Exide Energy Solutions Ltd (EESL), via a rights subscription to equity shares.…
Eve Energy has marked a significant milestone in next-generation battery technology by rolling out two new all-solid-state batteries Longquan No. 3 and Longquan No. 4 from its Chengdu manufacturing facility.…
General Motors and its battery partner LG Energy Solution have decided to repurpose an electric vehicle (EV) battery plant in Tennessee. Instead of producing batteries only for EVs, the facility…
The United States has officially confirmed that Tesla is the buyer in the battery supply agreement signed with LG Energy Solution in July. The deal, which had earlier not disclosed…
IAN Group, described as the country’s single largest early-stage investment platform, has led a ₹27.4 crore seed funding round in cleantech startup e-TRNL Energy through its second venture capital fund,…