South Korea’s LG Energy Solution has announced that its U.S. subsidiary will acquire the assets of its Michigan electric vehicle (EV) battery venture with General Motors (GM) for $2 billion.…
EV market
The International Energy Agency (IEA) highlights that batteries are among the fastest-growing energy technologies, primarily due to the expanding electric vehicle (EV) market. Battery demand is projected to increase 4.5…
The global electric vehicle (EV) market is poised to grow significantly, with an estimated increase of USD 446.4 billion from 2025 to 2029, driven by a CAGR of 16.4%. The…
Shriram Green Finance is a new vertical that Shriram Finance Limited created to integrate its green finance initiatives. By extending its portfolio beyond electric cars (EVs) to include battery charging…
Aquarius Engines’ newest foray into the US market, the signing of an MOU with EnviroCharge, underscores the company’s expanding position in the EV charging industry. Aquarius will incorporate its cutting-edge…
Greenie Energy has successfully raised seed capital of $600,000, or roughly ₹5 crore. Prominent backers such as Ashwin Ramesh (Co-Founder of Primary Advisors), Rajesh Advani (Managing Director of Sun-N-Sand Hotels),…
The Battery Passport System is a new offering from ChargeZone. This digital platform collects extensive data at every stage of a battery’s lifecycle to create a full record. The Battery…
Leading EV battery maker Neuron Energy and Battery-as-a-Service (BaaS) pioneer Pointo have established a strategic alliance. Through this partnership, high-capacity lithium-ion batteries will be leased to commercial e-rickshaws in India,…
According to LiveMint, which cited sources, Tata Motors Ltd. is collaborating with Octillion Power Systems, a Chinese battery pack manufacturer, to increase the amount of batteries it supplies for electric…
According to chairman Young Liu, the massive Taiwanese electronics company Foxconn is looking into opening a Battery Energy Storage System (BESS) facility in India. This action is in line with…