Tesla founder launches new electric car battery startup Tiveni

Tesla founder Martin Eberhard has established a new EV battery start-up known as Tiveni. READ MORE...

Chinese startup Nio receives funding from Beijing E-Town Capital

Chinese EV startup Nio has received an investment of up to CNY10bn (USD1.bn) from Beijing E-Town Capital. READ MORE...

Volkswagen to reshuffle USD56bn battery push as Samsung deal at risk

Volkswagen is looking to alter its battery purchasing plan of EUR50bn (USD56bn) over supply concerns with Samsung SDI. READ MORE...

France, Germany to support battery cell consortium including PSA, Saft

France and Germany have urged the European Commission to approve state subsidies for a cross-border battery cell consortium which includes carmaker PSA with its German subsidiary Opel and French battery maker Saft. READ MORE...

CATL begins mass production of 811 batteries

CATL has started mass production of high-nickel batteries, the NCM 811 battery, which contains 80% nickel, 10% cobalt and 10% manganese. READ MORE...

Infinity Lithium signs reagent supply MoU for Spanish lithium chemical production plan

Infinity Lithium has entered into an MoU with Spain’s chemical producer Ercros for the supply of major input reagents to be used for the production of lithium chemicals at its San Jose project in Spain. READ MORE...

Electric car startup Faraday Future gets USD225m bridge loan

Chinese EV start-up Faraday Future has raised USD225m in bridge financing from Birch Lake Associates, a US merchant bank, to complete the development of its FF91 model. READ MORE...

GFG Alliance collaborates with UK’s Gordon Murray Design to make niche electric cars in Australia by 2020

Sanjeev Gupta, chairman of mining and energy company GFG Alliance plans to collaborate with UK-based Gordon Murray Design to establish an electric vehicle (EV) manufacturing base in Australia. READ MORE...

Lexus plans to introduce electric cars

Lexus plans to introduce its first all-electric vehicle in markets where regulations leave the automaker with no choice. READ MORE...

China’s Sinomach signs contract to build 80,000T ferronickel plant in Indonesia

China National Machinery Industry also known as Sinomach, has entered into a contract agreement with Indonesia’s PT Antam Niterra Haltim to build a ferronickel plant in Indonesia capable to produce 80,000 tonnes annually.  The investment in the country is because of the increase in demand for stainless steel and electric vehicle batteries. READ MORE...

BYD plans new energy vehicle factory in Chongqing, China

BYD has entered into an agreement with the Changzhou city government to establish a fourth electric vehicle factory. READ MORE...

Daimler to sell 50% Smart stake to Geely

Daimler plans to sell a 50% stake of its Smart brand to Chinese automaker Geely. READ MORE...

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