Battery Demand in Q1 2024 reached 230GWh across all end use markets, a y-o-y increase of 20%. EV Battery demand accounted for 72% of this, with Q1 sales reaching 3.1 million units. The stationary storage market saw the strongest y-o-y growth of close to 40%. Iola Hughes, Head of Research at Rho Motion, said: “Despite &hellip; <a href="https://rhomotion.com/news/eu-allocates-eur424-million-to-charging-and-alternative-refuelling-infrastructure/">Continued</a>

CATL, BYD, Envision Energy Storage, and Kehua Digital Energy in the second week of April all released new industrial energy storage systems, poised to make...

Ascend Elements, headquartered in Massachusetts, US, and Elemental Strategic Metals, based in Zawiercie, Poland, have jointly announced the establishment of a battery recycling joint venture (JV) named AE Elemental™. The JV, equally...

On the 2nd of April, GAC Aion, EV subsidiary of GAC group, signed a strategic partnership with Indonesia’s Indomobil Group, to establish an EV factory in the country. The announcement marks GAC Aion’s entrance into Southeast Asia’s largest automotive market. GAC Aion

Andi Technology, a 50/50 joint venture between DiDi Autonomous Driving and GAC Aion, has received a business license to mass produce level 4 autonomous vehicles. The first model will

Global sales of electric vehicles (EVs) grew by 21% compared to this time last year, announced leading EV research house, Rho Motion, today. In March, 1.2 million EVs were purchased, 12% higher than March last year, bringing the total up to 3.1 million for 2024 so far. “While we are seeing a cooling of growth &hellip; <a href="https://rhomotion.com/news/eu-allocates-eur424-million-to-charging-and-alternative-refuelling-infrastructure/">Continued</a>

Tesla has filed plans to build a mega Supercharger station in Florida, with a total of 200 stalls. This builds on a filing made in February this year, that showed...

Ecobatt, a member of the Ecocycle group, has announced it plans to spend USD30 million building a lithium-ion battery recycling plant in Victoria, Australia. Set to be...

The Biden Administration has announced the allocation of USD20 billion in awards to help fund climate and clean energy projects across the US. The investment is made...

Greenlane, a joint venture (JV) between Daimler Truck North America, NextEra Energy Resources and Blackrock, has announced...

Electric two-wheeler producer, Yadea, announced recently it had opened the world’s first sodium-ion battery swapping station. Located in

Rho Motion, the energy transition and electric vehicle research house, today released the global record-breaking figures for battery energy storage entering operation this past month. In February 2024, 9GWh of battery storage went live across both the grid and behind-the-meter&nbsp;(BTM) markets globally- a year-on-year increase of 110% compared to February 2023.&nbsp; The news comes as &hellip; <a href="https://rhomotion.com/news/eu-allocates-eur424-million-to-charging-and-alternative-refuelling-infrastructure/">Continued</a>