ELECTRIC VEHICLE INDUSTRY NEWS
This page is regularly updated with electric vehicle industry news and updates in the form of articles, charts and maps.
General Motors invest USD650 million in Lithium Americas for US-sourced lithium
On the 31 January 2023, American vehicle manufacturer General Motors (GM) and Lithium Americas, a lithium mine developer, announced they will jointly invest in the advancement of the Thacker Pass lithium mine in Nevada – the largest known source of lithium in the US....
POSCO Chemical and Samsung SDI agree 10-year NCA cathode supply deal
South Korean companies POSCO Chemicals Company and Samsung SDI have agreed a localised supply agreement for key materials used in EV batteries. The USD32.6 billion deal will see POSCO supplying NCA cathodes to Samsung SDI from later this year up to 2032. The new...
Tesla boost Nevada investment and announce cell and Semi factory plans
On Tuesday 24 January, Tesla made a series of announcements regarding production capacity and operational investments. The company will invest a further USD3.6 billion to grow its Nevada production facility, bringing the cumulative investment to date in the site to...
Battery Passport prototype launched by Global Battery Alliance
The Global Battery Alliance (GBA), an international multi-stakeholder group aiming to establish a sustainable global battery value chain by 2030, has launched its first proof of concept for a battery passport. The prototype, launched at the World Economic Forum Annual...
BMW Group advance solid-state battery technology development with Solid Power
The BMW Group and US-based battery development company Solid Power have moved to the next steps of their expanded Joint Development Agreement. Under the agreement, BMW will utilise a recently secured license enabling the company to establish an all-solid-state battery...
Tata Group considering cell manufacturing plants in Europe and India for EV business
Indian conglomerate Tata Group is evaluating Europe and India as possible locations for two new cell production facilities to support the growth of its electric vehicle business, according to the CFO of its auto unit in a Reuters interview. The European plant is being...
US Department of Energy announces 12 projects for USD42m EVs4ALL program
The US Department of Energy (DOE) has announced the 12 successful projects that will receive funding as part of the Electric Vehicles for American Low-Carbon Living (EVs4ALL) program. The USD42 million funding program intends to support advanced EV battery...
FREYR and Impact Clean Power Technology sign e-mobility offtake agreement
Battery cell manufacturer FREYR and Impact Clean Power Technology, a battery systems manufacturer for a wide range of end-use applications, have signed a conditional offtake agreement (COA) for the supply of LFP battery cells. The COA establishes that FREYR will...
ESS – Global Grid Deployment Infographic, December 2022
See below for our Battery Energy Stationary Storage Global Grid Deployments Infographic, December 2022. This draws on data from our BESS Monthly Assessment and our BESS Quarterly Outlook, The BESS Monthly Assessment provides a monthly update of global BESS...
Volvo Group, Daimler Truck and Traton Group form JV for European charging network
Three leading heavy-duty truck OEMS Volvo Group, Daimler Truck and Traton Group (Scania and Volkswagen) have partnered to form a joint venture (JV) to establish a pan-European charging network. The JV “Milence” (formerly Commercial Vehicle Charging Europe) aims to...
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