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India's Major Lithium Discovery Could Turn The Tables On The Global Battery Supply Chain

India's recent discovery of large reserves of lithium, a pivotal constituent in the fabrication of electric vehicles, has sparked excitement and optimism in the global EV sector. The discovery holds immense potential for the growth and development of the EV industry, not just in India, but also on a global

UK Likely To Witness The Development Of A £7bn Battery Gigafactory

The UK is bidding to build a new $8 billion (£7bn) lithium battery gigafactory, a huge boost for the UK's EV market. The £7 billion factory will produce some of the most promising and disruptive battery technologies, offering huge improvements in terms of cost, safety, and fast-charging capability in EVs.

BP To Build A £50 Million EV Battery Testing Centre In The UK

British oil & gas giant, BP recently announced its latest step to continue their venture into the electric vehicles sector by investing up to £50 million (around $60 million) in a class apart electric vehicle (EV) battery testing centre in the UK. The investment also covers the development of an analytical

Volvo Trucks To Open Its First Battery Plant In Belgium

Sweden based truck manufacturer Volvo Trucks is opening its first battery assembly plant in Ghent, Belgium. The plant will provide ready-to-install batteries for Volvo Trucks’ full-electric heavy-duty trucks. The plant will assemble cells and modules from Samsung SDI into customised battery packs for the heavy-duty electric truck series. Series production

Toyota to spend more than USD 13.5 bn to deliver its EV battery tech and its supply system by 2030

In an effort to lead the way in the key automotive technology over the next decade, Japanese multinational automotive manufacturer, Toyota is anticipated to spend more than USD 13.5 billion by 2030 to develop batteries and its battery supply system. The world's largest motor vehicle manufacturer which established hybrid

BMW Orders Batteries Worth $24 Billion Amid Increasing EV Demand

BMW AG has increased orders for battery cells to maintain pace with accelerating demand for electric automobiles which accounted for more than 11% of deliveries during the first half of 2021. The Munich-based company has commitments of more than 20 billion euros ($23.8 billion) for batteries, up from 12

Piaggio, Honda, Yamaha, KTM Set Up A Consortium To Encourage The Use of Swappable Batteries

Following the signing of the Letter of Intent on March 1, Italian scooter maker Piaggio Group (PIA.MI) along with Yamaha Motor Co., KTM AG, and Honda Motor Co. Ltd, encouraged the use of swappable batteries for electric motorcycles and light electric vehicles and finally signed the agreement for the