The plant, located in Jinshan District in southwest Shanghai, will develop a new battery electric vehicle under the Lexus brand, with production scheduled to begin in 2027, according to a Wednesday press release of Toyota, the world's top-selling automaker.The initial production capacity will be...
Toyota is planning to build anew electric vehicle battery plantin Japan, as part of plans to revamp the company's EV supply chain in Asia. Nikkei Asiareports that the plant will be housed at an industrial park on Kyushu Island,known colloquially as Japan's "Silicon Island," thanks ...
The plant, located in Jinshan District in southwest Shanghai, will develop a new battery electric vehicle under the Lexus brand, with production scheduled to begin in 2027, according to a Wednesday press release of Toyota, the world's top-...
InoBataims to increaseelectric vehicle(EV) battery production capacity in 4 gigawatt hour (GWh) increments, beginning in 2025. Based on Fastmarkets’ research, the 4 GWh of initial cell capacity planned in Serbia represents just 1.3% of Europe’s total BEV GWh battery demand in 2025. This wou...
Hungary has received an estimated €20 billion (US$22 billion) in EV-related investments in the past five years, including a €7.3 billion battery plant China’s Contemporary Amperex Technology Co. Ltd. is building in the eastern city of Debrecen. ...
In March, Ford announced a $3.5 billion investment in a new EV battery plant, licensing technology from CATL to produce lithium-ion phosphate (LFP) batteries.2The Inflation Reduction Act (IRA) passed in the US last year provides incentives for EV industry participants to manufacture and sell in...
Chinese electric vehicle (EV) maker NIO celebrated here on Friday the shipment of the first battery swap station produced by the NIO Power Europe Plant, the company's first overseas plant, to Germany.
Panasonic, together with Kansas Governor Laura Kelly, officially announced today an agreement related to the location of the company's new US lithium-ion battery cell factory. The Japanese company intends to build the plant in De Soto, Kansas, investing $4 billion and create up to 4,000 new...
was in deal talks with China’sContemporary Amperex Technology(CATL) to build a new electric vehicle (EV) battery plant in the US to expand capacity to meet growing EV demand in the region. According to local reports, Tesla met with government officials in Washington this week to discuss the...
“The opening of our new battery plant in Alabama is a major milestone on our way to going all-electric,” Ola Källenius, Chairman of the Board of Management for Mercedes-Benz Group AG, said. “With our comprehensive approach including a local cell sourcing and recycling strategy, we under...