South Korean steel manufacturer Posco has entered into an agreement with Taiwan-based solid-state battery developer ProLogium to supply cathode, anode, and solid electrolyte materials, according to the EV battery maker.
US Securities and Exchange Commission (SEC) last week listed more than 80 Chinese firms in a provisional list of entities that might be delisted if they fail to cooperate with audit regulations. Several Chinese electric vehicle (EV) makers - Nio, Li Auto, and XPeng - have been targetted since April.
ProLogium is ready to produce the world's first batch of high-performance solid-state batteries for electric vehicles (EV) soon. The Gigafactory in Taoyuan, Taiwan is planning to start mass-producing within the next three to four years.
BenQ Materials continues expanding production capacity to meet growing demand for separator films for EV batteries, defying economic uncertainties around the world, according to company chairman Chen Chien-chih.
South Korea-based battery startup SM Lab has successfully developed manganese and nickel materials for battery cathodes, and reportedly is to co-produce EV batteries with Volkswagen, according to Investment Bank (IB), as cited by Korean local media Aju Business Daily.
China, the second-largest electric vehicle(EV) market, is aggressively deploying charging infrastructure, including battery swapping stations. Multiple businesses have launched swapping services backed by government subsidies. However, challenges like lacking standardized batteries may slow down the democratization.
The South Korea-China rivalry for the dominance over electric vehicle (EV) battery production is intensifying, as companies from both camps have successively rolled out plans to build overseas factories, according to media reports.
The EV battery world is crying out for a credible plan to address the spike in battery materials prices. Lithium, for example, the price has been growing all through 2021, hitting over US$25,000 per ton by the end of last year, and now jumped to the highest at over US$40,000 per ton this month, according to Forbes.
After a series of electric two-wheeler (E2W) fire incidents that led to at least six deaths in the last couple of months, Indian authorities are trying to regulate the battery quality issues that result from rapid expansion, which may slow down E2W growth in India.
Taiwan's Ministry of Economic Affairs plans to electrify 35% of the total 12,000 city buses by 2025 and 100% by 2030. Around 15,000 long-distance intercity buses will also be replaced by electric buses by 2030.
Streamlining the process of charging an electric vehicle (EV) is critical to the new energy car's adoption. The US-based Ample approaches the idea with battery swapping technologies. By offering efficient service as filling up gas, the startup is growing its deployment in America, Japan, and Spain.