San Francisco-based lithium-ion tech company Farasis Energy is pushing ahead with plans to open a “large-scale” European lithium-ion cell production facility after securing financing “exceeding US$1 billion”.
Shanghai-based energy group Envision has unveiled plans to build an electric vehicle battery plant in China and upgrade production facilities it has acquired following its takeover of Nissan’s international lithium-ion business.
Total industry-wide investments in battery production facilities will need to reach US$220 billion up to 2035 to meet increasing demand for battery electric vehicles, according to a new forecast.
Indian lead-acid battery maker Amara Raja reportedly plans to build a lithium-ion battery pack assembly plant in Andhra Pradesh in the south-east of India.
US industrial power supply company Mesa Technical Associates is to acquire Alcad’s lead-acid business in North America for an undisclosed sum.
Chinese battery maker Narada’s launch of its first large-scale battery storage project outside of China in Germany should spur both countries to expand technical and economic cooperation, a top Chinese diplomat has said.
There is only about a minute left on the battery industry’s ‘Doomsday Clock’ to fight for the survival of the lead-acid industry in Europe.
Editors prefer to report the news rather than make it – but it was outgoing BEST Magazine chief Gerry Woolf who made headlines last week, as he bade farewell to battery industry fans and critics alike at the European Lead Battery Conference (ELBC) in Vienna.
Mercedes-Benz has announced investments of more than €1 billion (US$1.1bn) in “global battery production” in concert with the launch of its first fully-electric vehicle— the ‘EQC’.
US-based lead-acid separator company Daramic is expanding its facility in France, president Bryan Moorehead has revealed.