ELECTRIC VEHICLE INDUSTRY NEWS
This page is regularly updated with electric vehicle industry news and updates in the form of articles, charts and maps.
Energy Transition Finance Tracker – October 2022
Below is Rho Motion's Energy Transition Finance Tracker, for October 2022. We track energy transition related companies going public through IPO or a merger with a SPAC, in order to provide a monthly update on market status. A comprehensive version of our...
The US continues to invest in domestic battery supply chain
The Biden administration has announced it will award USD2.8 billion in funding to bolster domestic production of EV batteries and strengthen critical mineral supply chains. The grants will be allocated through the Department of Energy to 20 recipient companies across...
UK Government extends battery research and development funding scheme
On Friday 21 October, the UK government announced that it will boost funding for domestic battery research and development by extending the Faraday Battery Research Challenge until March 2025. The financial package consists of a record USD238 million (GBP211 million)...
Li-Cycle battery recycling facility in Alabama begins operations
Just over a year after its announcement in September 2021, Li-Cycle has opened its new battery recycling facility in Tuscaloosa, Alabama. The company’s fourth recycling facility in North America has the capacity to process 10,000 tonnes of manufacturing scrap and...
Ascend Elements and EcoPro Group set-up cathode materials supply agreement
Massachusetts-based battery recycling and materials company Ascend Elements has co-signed a memorandum of understanding (MoU) with South Korean battery materials company EcoPro Group. The MoU establishes an agreement between the two companies to pursue collaboration...
ESS – Global Grid Deployment Infographic, September 2022
See below for our Battery Energy Stationary Storage Global Grid Deployments Infographic, September 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...
General Motors enters energy storage and management business
General Motors (GM) announced the launch of a new business division GM Energy in a move to provide residential, transport, and commercial energy management and storage solutions
EV Motor Deployment Infographic – October 2022
Our EV Motor Deployment Infographic, draws on data from our EV Motors Monthly Assessment and our EV Motors and Systems Quarterly Assessment. The EV Motors Monthly Assessment provides monthly weighted averages of motor technology demand across vehicle classes,...
EV Charging Speed Infographic – September 2022
See below for our EV Charging Speed Infographic, September 2022. As you will see, this features developments from across the EV & Charging market, and draws on data from our EV Charging Monthly Assessment and our Global EV Charging Outlook. The EV Charging...
Posco Holdings continue battery value chain integration through agreements with GS Energy and LG Energy Solution
South Korean materials company Posco Holdings has bolstered its position within the EV battery value chain through two separate, non-binding agreements with GS Energy and LG Energy Solution. The preliminary agreement with GS Energy, announced on Thursday 6th October...
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