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JSW to establish battery manufacturing facility with LG Energy in India

Earlier this month, JSW held talks with high-ranking LGES executives in Korea, presenting the idea of a partnership focused on producing battery cells in India for both EVs and energy storage.Read more

Honeywell’s digitalisation technologies to support American Battery Factory’s new gigafactory

Honeywell will provide the largest lithium iron phosphate battery gigafactory in the US with central controls and digital visualisation to increase operational efficiency, enhance safety and drive more energy-efficient production.Read more

South Korean battery giants face Chinese competition, eye innovation to stay ahead

South Korean battery manufacturers are now entering the LFP battery market, which has been dominated by Chinese companies.Read more

India pursues unified battery-swapping standards for Electric Vehicles

NITI Aayog, the government's public policy think tank, has urged the Ministry of Heavy Industries to convene a meeting involving industry stakeholders.Read more

Start-up Neuron Energy leads EV battery innovation with impressive growth

In 2023, 36 startups focused on EVs have secured over $480 million in investments.Read more

Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market

Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more

The Battery Show India 2023 sparks India's $150 bn energy revolution

India's battery market is set for substantial growth, with a projected 260 GW annually, worth $15 billion. On its own steam, TBSI is estimated to attract over 200 brands, 8000 trade visitors and 50 speakers at the event.Read more

With automotive supply chains stabilising, focus on sustainability expected to rise back up automakers’ agendas

A report by Capgemini Research Institute shows that the auto organisations are more confident to tackle future supply chain disruptions, having slashed backlog orders by 61%. A further 39% reduction is predicted in the next year.Read more

EV Battery prices drop 10% in August amidst dampened demand

As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more

India offers $452 mn incentives for Green Battery Storage Boost

Information Minister Anurag Thakur revealed that this program will actively support the development of a storage capacity of 4,000 megawatt hours (MWh) by the year 2030-31.Read more

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