LITHIUM BATTERY FACTORY
How one of the world's strongest car unions is dealing with EV job losses Toyota in Japan and Hyundai or Kia in South Korea navigate challenges from technological transformation and electrification.
01 Jul, 2024, 10.58 AM ISTOla Electric to invest $100 mn in first phase of Gigafactory, says Bhavish Aggarwal Ola Electric, the electric vehicle manufacturer, plans to invest $100 million in the first phase of building its Gigafactory for producing lithium-ion battery cells. The investment will be used for 'phase 1A' of the Gigafactory, which will set up 1....
30 Jun, 2024, 11.56 AM ISTOla Electric to invest $100 million in gigafactory Ola Electric founder Bhavish Aggarwal said is developing a 4680 form of battery cells, which is more energy-dense and advanced than the 2170 form of battery cells it currently sources for its electric scooters.
29 Jun, 2024, 10.04 PM IST- ADVERTISEMENT
South Korea begins search for answers after battery plant fire kills 22 Following a devastating fire at a lithium battery factory in South Korea that claimed the lives of 22 workers with one still missing, urgent safety inspections have been ordered at high-risk industrial sites. The blaze, which erupted in a warehouse ...
25 Jun, 2024, 09.09 AM ISTFire at a lithium battery factory in South Korea kills 22 A fire at a manufacturing factory in South Korea, likely caused by exploding lithium batteries, resulted in the death of 22 workers, mostly Chinese migrants, and injured 8 others. The incident occurred during battery examination and packaging, with ...
24 Jun, 2024, 04.19 PM ISTThe world needs more batteries — but not this many The oversupply of battery factories being constructed globally is set to exceed the demand for lithium-ion cells in the coming years, according to a report by BloombergNEF. The surge in battery production is driven by the increasing demand for elect...
13 Jun, 2024, 07.39 AM ISTHow China rose to lead the world in cars and solar panels Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere
04 Jun, 2024, 12.15 PM ISTFew Chinese electric cars are sold in U.S., but industry fears a flood American automakers expressed their approval of the Biden administration's decision on Tuesday to levy a 100% tariff on electric vehicles imported from China. They stated that these vehicles could undercut billions of dollars of investments made in ...
16 May, 2024, 09.58 AM ISTHow China rose to lead the world in cars and solar panels Top leaders in the United States and Europe have started urging China to reduce its exports to the world and boost its imports.
15 May, 2024, 10.01 AM ISTElon Musk's diplomacy: Woo right-wing world leaders. Then benefit Elon Musk strategically leverages his Twitter ownership to support right-wing heads of state like Javier Milei, Jair Bolsonaro, and Narendra Modi. His endorsements lead to corporate benefits for Tesla and SpaceX in Argentina, Brazil, and India.
13 May, 2024, 11.01 AM ISTGiant batteries are transforming the way the U.S. uses electricity Power companies across the US are using large batteries, similar in size to shipping containers, to tackle the main drawback of renewable energy: the inconsistency of wind and solar availability.
10 May, 2024, 10.24 AM ISTRenault in advanced talks with partners to recycle batteries, says executive Le constructeur automobile français Renault est en discussions avancées avec des partenaires potentiels pour extraire et recycler le lithium et d'autres métaux des batteries de véhicules électriques usagées. Renault vise à être le premier constructe...
26 Mar, 2024, 05.01 PM ISTHow China came to dominate the world in solar energy While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.
08 Mar, 2024, 10.25 AM ISTAmara Raja aims to start operating giga factory before end of 2025 In May last year, the company laid the foundation stone for its first giga factory in Mahbubnagar district in Telangana. It is for producing Lithium Cell and Battery Packs, with an ultimate capacity of up to 16 GWh and 5 GWh, respectively.
24 Jan, 2024, 10.29 PM ISTInternational Battery Company raises $35 million in RTP Global-led round According to California-based IBC, the funding has enabled the company to make its 50-megawatt (MW) manufacturing facility in South Korea fully operational. It is already shipping batteries to clients in India.
18 Jan, 2024, 07.19 AM ISTCement emission tech: How few things are harder in industrial sector We already have the major solutions for electricity, with solar panels, wind turbines and lithium-ion batteries. Those batteries can also power EVs. There's still a lot to do. But the puzzle is starting to fall in place. The same can't be said about...
17 Dec, 2023, 11.31 PM ISTHimadri Speciality to invest Rs 4,800 cr for setting up Lithium-ion Battery components factory Himadri Speciality Chemical Ltd plans to invest Rs 4,800 crore over the next 5-6 years to establish a manufacturing facility for Lithium-ion Battery components. The facility will have a total annual production capacity of 200,000 tonnes. The investm...
06 Dec, 2023, 10.43 AM ISTIs India's infrastructure ready to be electrified? India is experiencing a significant growth in electric vehicle (EV) sales, with a 112% year-on-year increase in EV sales from April to September 2023. However, the country's lack of public charging infrastructure poses a challenge to the widespread ...
12 Oct, 2023, 12.17 PM ISTChina’s lithium battery industry detrimental for its economy China's investment in the lithium battery industry has led to an oversupply of batteries, causing smaller manufacturers to face closures. By 2025, China's battery manufacturers are expected to produce quadruple the demand from EV makers, resulting i...
08 Oct, 2023, 12.20 PM ISTIndian EV cell maker Log9 flags production hit on delayed visas to Chinese experts Log9 Materials, an Indian lithium-ion battery manufacturer, has warned that its production in Bengaluru could be affected due to the delay in the arrival of Chinese experts caused by the Indian government's delay in approving visa applications. Log9...
28 Aug, 2023, 01.33 PM IST