LG Chem announced on September 24 that it will enter the LFP cathode material market with China-based partner Huayou Group. The pair aims to build a plant and produce the material...
Toyota unveiled its production lines of full-solid-state and LFP batteries in September. According to Japan-based Sankei, Motor Fan and Toyota, the carmaker is developing...
BYD is reportedly in talks with KG Mobility (KGM), South Korea's fourth-largest car maker, to jointly set up an electric vehicle (EV) battery plant in South Korea that is expected...
South Korean battery maker Samsung SDI will likely build the country's first LFP battery plant in its Ulsan production base, according to local media reports. However, as CATL and...
In recent years, fire accidents at energy storage sites in Taiwan and abroad have brought great attention to the issue of energy storage battery safety. Industry insiders point out...
Chinese battery maker Contemporary Amperex Technology Co. Limited (CATL) launched its Shenxing 4C superfast-charging lithium iron phosphate (LFP) battery on August 16, which will...
China-based battery giant CATL unveiled Shenxing, a new LFP battery, on August 16. The battery can enable an EV driving range of 400 kilometers with one 10-minute charge. The company...
Taiwan's top three lithium battery cell manufacturers right now are Formosa, Foxconn, and Taiwan Cement (TCC). Among them, Formosa Smart Energy Tech (FSET) was formed by integrating...
With EVs gradually gaining popularity, the demand for mid- to low-price models has grown. EV makers have elected to reduce costs in exchange for price competitiveness. One method...
Formosa Smart Energy Tech (FSET), the sixth largest company under the Formosa Plastics Group, announced that it has invested over NT$16 billion (US$524 million) through its subsidiary...
Prices for lithium iron phosphate (LFP) batteries have started to drop, thanks to lower lithium carbonate prices and sluggish demand for electric vehicles (EV), according to industry...
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
Lithium iron phosphate (LFP) battery supply chain players outside China are moving to seek backup supply packages as they are worried that China's upcoming restrictions on...
US-based energy storage system developer Powin Energy, in a bid to obtain subsidies arising from Inflation Reduction Act (IRA), is actively planning to produce LFP (lithium iron phosphate)...
China has been the most aggressive in the world in carrying out capacity expansions for lithium iron phosphate (LFP) batteries. China news media recently warned that an oversupply...
