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Byline: Prerna Lidhoo The company which already has an electric car tie-up with China's SAIC is keen to expand into other vehicle categories and battery manufacturing with new partners. JSW [...]

Byline: Frankie Youd The US government has given its final approval for a multi-billion-dollar low-cost loan to BlueOval SK LLC, the US-based electric vehicle (EV) battery manufacturing joint venture between [...]

The U.S. Department of Energy (DOE) has finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford Motor Company and South Korea's SK On, to finance the [...]

Byline: Aryaman Raghuvanshi The companies have established a joint venture, splitting ownership equally, and anticipate initiating production by the end of 2026. According to their statement, the factory's output might [...]

Byline: aranyamondal Stellantis and China's Contemporary Amperex Technology (CATL) have agreed to invest up to [euro]4.1bn ($4.3bn) in a joint venture to build a lithium iron phosphate (LFP) battery plant [...]

Asahi Kasei Battery Separator Corp. reported it marked a significant step in its commitment to supporting the North American electric vehicle (EV) market by breaking ground on its new lithium-ion [...]

DOGE is set to scrutinize multibillion-dollar federal loans to two Tesla rivals. Vivek Ramaswamy said the cost-cutting body would 'carefully scrutinize' loans to Stellantis and Rivian. There are concerns Musk [...]

Byline: Frankie Youd General Motors (GM) announced it has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC battery cell plant in Lansing, Michigan, [...]

Asahi Kasei Battery Separator Corp. reported it marked a significant step in its commitment to supporting the North American electric vehicle (EV) market by breaking ground on its new lithium-ion [...]

Byline: aranyamondal US-based Ample has secured an investment of $25m from Mitsubishi to support the expansion of its battery swapping technology for electric vehicles (EVs). This collaboration aims to enhance [...]

Byline: David Leggett NextStar Energy Inc, a Canadian electric vehicle (EV) battery manufacturing joint venture between South Korea's LG Energy Solution Ltd (LGES) and global automaker Stellantis, has announced that [...]

Byline: Graeme Roberts LG Chem, a unit of South Korean industrial conglomerate LG Group, announced it had signed a contract to supply cathode active materials (CAM) to Prime Planet Energy [...]

SAMSUNG SDI (SSNLF) announced that the company has completed and signed an agreement with General Motors (GM) to establish a joint venture to supply electric vehicle, EV, batteries in the [...]

Byline: David Leggett South Korean electric vehicle (EV) battery manufacturer Samsung SDI and US automaker General Motors (GM) have jointly announced they have signed a final agreement to establish a [...]

Consensus $9.71. Raises FY24 adjusted EBIT view to $13B-$15B from $12.5B-$14.5B. Raises FY24 adjusted automotive free cash flow view to $9.5B-$11.5B from $8.5B-$10.5B. The company said, 'GM's 2024 financial guidance [...]

Byline: Graeme Roberts Ultium Cells, a US joint venture between LG Energy Solution (LGES) and General Motors (GM), has suspended construction of its third plant in Michigan, according to reports [...]

QuantumScape and Volkswagen Group's battery company PowerCo have entered into an agreement to industrialize QuantumScape's next-generation solid-state lithium-metal battery technology. Upon satisfactory technical progress and certain royalty payments, QuantumScape will [...]

Amplify Cell Technologies, a joint venture between Accelera, Daimler Trucks & Buses US Holding and PACCAR, reported it recently broke ground at its new battery cell manufacturing plant in Marshall [...]

Hyrdovolt, a Norwegian battery recycling firm, is expanding internationally via a new facility in France. Known as 'France's Battery Valley,' the new facility will be opened in Hordain, where four [...]

Byline: Bar & Bench The deal was signed on June 5, 2024. Indian Oil Corporation Limited has formed a joint venture with Sun Mobility Pte. Ltd. for undertaking battery swapping [...]

SUN Mobility, a provider of energy infrastructure and services for electric vehicles (EVs), has tied up with IndianOil to establish and deploy one of the largest battery swapping infrastructure networks [...]

Asahi Kasei Battery Separator Corporation marked a significant step in its commitment to supporting the North American electric vehicle (EV) market by breaking ground on its new lithium-ion battery separator [...]

Byline: Graeme Roberts Umicore, the Belgium based major supplier to Volkswagen, reportedly had replaced its chief executive and would reassess spending plans for its battery materials business due to the [...]

Byline: Dani Cole Chinese battery maker CATL and Beijing Hyundai have signed a strategic partnership agreement at Auto China 2024. They will cooperate on Beijing Hyundai's EV projects, with future [...]

Byline: Autocar Pro News Desk In line with its plan to set up an environmentally responsible EV and battery plants in Ontario, the Honda EV value chain will include all [...]

Prevalon Energy, a Mitsubishi Power Americas and EES joint venture, has reported a new partnering agreement with REPT BATTERO Energy Co. to deploy Battery Energy Storage Systems (BESS) in the [...]

Honda Motor announced that it plans to build a comprehensive EV value chain in Canada with an approximate investment of C$15B, or U.S. $11B, including investment by joint venture partners, [...]