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Latest Battery Industry News

VW unveils $60bn batteries investment plan

Volkswagen has announced plans to invest more than EUR50 billion ($60bn) in battery cells and related technology, towards the electrification of its entire model portfolio by 2030 “at the latest”.

South Korea plans Li-on push in face of China sanctions

South Korea is backing plans by the country’s battery giants to inject a total of KRW2.3 trillion ($2.3 billion) into the sector over the next three years, to expand production and challenge China’s increasing dominance of the market.

India’s lead battery market ‘on the up’

The lead-acid business in India is set to soar over the next few years and demand from stationary and motive applications (SMA) will more than double in value, according to a new report.


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