Panasonic announces battery production blitz to keep pace with Tesla

Panasonic, a critical Tesla battery cell supplier, has announced a massive production expansion within North America to keep up with growing EV demand. As noted by Tesla CEO Elon Musk, battery cell production is the limiting factor determining EV production globally. The rapidly growing demand for batteries has attracted billions in corporate investment and government […]

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Chinese EV battery maker SVOLT announces major expansion into Europe

A Chinese battery producer SVOLT has announced a major European expansion to help fuel the EV industry on the continent. Due to its aggressive regulation of ICE vehicles, one of the leading regions for EV adoption is Europe, which currently plans to phase out gas-powered vehicle sales by 2035. But to achieve its monumental goal, […]

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Honda EV production begins to take form with new battery deal

Honda has partnered with Ascend Elements to recycle lithium-ion batteries and recuperate the elements into new cells. As Honda works towards selling its first electric vehicle, the Honda Prologue, in 2024, its production and manufacturing chops for EVs are finally taking form. This includes everything from battery and drivetrain production facilities to battery cell manufacturing […]

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Ford announces new battery production facility JV with LG

Ford has announced that it has signed a memorandum of understanding (MOU) with LG and KOÇ Holdings to construct a battery production facility in Ankara, Turkey. While Ford has outlined a massive electric production overhaul in North America, it has yet to do so in Europe. However, as Europe has officially mandated that combustion engines […]

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BYD to build new $1.2B battery factory in China

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. BYD has seen rapid growth in its automotive business over the past two years. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China. Now, as […]

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GM buys stake in lithium mining company to meet future EV demand

General Motors (GM) announced today that it would make an equity investment of $650 million with Lithium Americas to extract lithium at the Thackers Pass mine in Nevada. GM has set a renewed and aggressive EV production goal by introducing its first EV models following the Chevrolet Bolt, Bolt EUV, and GMC Hummer EV. To […]

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Honda to enter battery market with new ‘high capacity’ cells in joint venture

Honda has announced that it will be working to co-develop “high capacity and high output” lithium-ion batteries via a joint venture with Japanese battery maker GS Yuasa. Automakers globally have quickly begun to realize over the past 2-3 years that having a dependable battery supply and potentially their own battery design can allow for a […]

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GM reportedly abandoning JV battery plant with LG

General Motors (GM) is reportedly abandoning a joint venture battery production facility with Korean battery manufacturer LG Chem. GM has been on a tear over the past year and a half, establishing new battery production locations via its subsidiary joint venture created with LG called Ultium. However, its fourth production facility will reportedly no longer […]

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