EV, battery

EV battery manufacturing capacity will rise when 10 plants come online this year
If they all open in 2025, the country’s EV battery manufacturing capacity is poised to grow to 421.5 gigawatt-hours per year, an increase of 90 percent from the end of 2024, according to Benchmark Mineral Intelligence, the United Kingdom-based research firm.
EV battery company to close two Michigan plants, lay off 188 workers
An electric vehicle battery company will permanently close two of its Michigan plants in April, laying off 188 workers. Akasol, a German company that was acquired by BorgWarner in 2022, filed a notice with the state of Michigan on Feb. 11 announcing plans to close two of its plants in Hazel Park and Warren.
EV battery producer to close plants in Macomb, Oakland counties, move to South Carolina
Akasol says it will permanently shut facilities in Hazel Park and Warren starting in April, leaving 188 workers without a job.
Toyota to transfer LG Energy battery order to Michigan plant
Toyota Motor has agreed to transfer its order for LG Energy Solution vehicle batteries to a Michigan plant that General Motors is exiting, the Japanese automaker confirmed Tuesday. GM in December said it would sell its stake in the plant,
Toyota is supporting LG battery plant with $1.5 billion order
Toyota Motor Corp. has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors Co. backed out of the project, according to people familiar with the matter.
Toyota steps in to support Michigan EV battery plant with $1.5B order after GM backs out
In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM backed out.
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EV range doubled: Toyota’s solid-state battery cathode beats lithium in energy density
Researchers, in collaboration with Toyota Motor Corporation, have worked on a new type of cathode material for all-solid-state batteries. They have reportedly improved the capacity per volume of the ...
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EV, battery manufacturers moving ahead on projects despite Trump’s views, actions
Potential rollbacks of Biden-era policies that incentivized electric vehicle production and ownership have stirred ...
EV battery company Akasol to lay off 188 metro Detroit workers
Akasol, a wholly owned subsidiary of auto supplier BorgWarner Inc., will close two locations and shed 188 workers by April ...
China's CALB to invest $2.09 billion in EV battery factory in Portugal
China's CALB, one of the world's largest battery makers for electric vehicles, said on Friday it would invest 2 billion euros ($2.09 billion) in a gigafactory in Portugal that is expected to start ...
EV battery company Akosol to close its facilities in Hazel Park, Warren
A total of 188 jobs will be lost when Akasol Inc. closes two Michigan facilities, according to a state WARN notice.
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Hyundai is launching its all-solid-state ‘Dream’ EV battery pilot line next month
Hyundai is set to shake up the EV market with advanced new batteries soon. In March, Hyundai will reveal its all-solid-state ...
European EV battery material startups make recycling breakthroughs
Two European startups said on Thursday they had hit milestones in recycling electric vehicle battery materials that will be ...
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Volkswagen and CATL Expand EV Battery Partnership Amid Growing Competition
Chinese battery giant Contemporary Amperex Technology (CATL) (SZ:300750) has signed a memorandum of understanding with ...
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Sodium-ion EV battery breakthrough pushes performance to theoretical limits
Researchers at the Dincă Group from Princeton University have developed a sodium-ion battery that utilizes a new organic ...