News US announces $9.6bn for Ford’s battery manufacturing The US Department of Energy (DOE) has announced that it will make a $9.6bn loan to BlueOval SK (BOSK) to build three battery plants for Ford electric vehicles. One factory…
News Chinese battery maker to close European operations Chinese battery-maker SVOLT Energy Technology has decided to close its European operations. The decision comes after media reports said it had indefinitely suspended plans to build two battery plants in…
News Sweco to design 700MW battery park in Belgium Utility-scale battery developer Giga Storage has hired Sweco to design what will be one of continental Europe’s biggest battery parks in Belgium. The so-called Green Turtle battery park will have…
News Northvolt may postpone $5bn Quebec battery plant by up to 18 months The construction of a US$5.2bn EV battery plant in Montreal could take up to a year-and-a-half longer than planned, Canadian broadcaster CBC reports. The factory was being developed on the…
News Production problems may prompt review of Northvolt’s €12.6bn gigafactories Northvolt, the Swedish company that was shaping up to be Europe’s champion in the lithium-ion battery sector, is reconsidering its expansion plans following production problems at its factory in the…
News Tesla’s Shanghai ‘Megapack’ factory gets greenlight Tesla’s plan to build a power-grid battery factory in the Shanghai Free Trade Zone has received planning approval, reports news site China.org. Tesla’s first energy storage plant outside the US,…
News Construction begins on €800m BMW battery plant in Mexico BMW has announced that construction has begun on an expansion of its factory in San Luis Potosí, central Mexico. The 80,000 sq m extension will make high-voltage batteries for the…
News Mott MacDonald picked for Dutch battery scheme Mott MacDonald has been chosen to provide owner’s engineering and advisory services on the Leopard Project, billed as one of Europe’s largest battery energy storage projects with a physical capacity…
News Construction to begin on Tesla battery factory in Shanghai next month American EV maker Tesla is to break ground on a battery factory in Shanghai in May, according to Chinese state news agency Xinhua. The facility will be capable of manufacturing…
News Chinese firm to invest $150m in Nigerian battery factory China and Nigeria agreed to build an EV battery factory in the African country at the COP28 climate summit in Dubai. Photovoltaics specialist Shenzhen LEMI Technology Development Company will invest…
News Stellantis in talks to build battery mega factory with China’s CATL Chinese battery maker Contemporary Amperex Technology (CATL) and Dutch-based car maker Stellantis Group signed a memorandum of understanding on Tuesday outlining plans to form an alliance. It sees CATL supplying…
News Taiwanese battery maker gets €1.5bn to build French plant The French government is to give €1.5bn to Taiwanese battery maker ProLogium to build a factory near Dunkirk. The company announced its intention to base its first large-scale overseas production…
News Chinese, Thai firms team up to target Southeast Asia battery market Chinese battery maker Eve Energy said it will build a lithium-ion plant in Thailand to serve the Southeast Asian market. The announcement is the latest in the global rush to…
News China’s Sunwoda joins rush to build battery plants in Hungary China’s Sunwoda Electronic will invest up to $274.71m to build an electric-vehicle battery factory in Hungary, Reuters reports, citing a filing to the Shenzhen Stock Exchange yesterday. The money will…
News €100m EU grant for Norway’s Arctic battery factory The EU’s Innovation Fund has given a €100m grant to Norwegian battery maker Freyr for its $1.6bn Giga Arctic project in northern Norway. Giga Arctic has been under development in…
News Canada agrees to $11bn subsidy to save Ontario battery plant The Canadian government has agreed to provide a subsidy of US$11.2bn to restart work on a stalled battery factory in the city of Windsor, Ontario, Reuters reports. The project is…
News ‘Electric’ BMW breaks ground on $700m battery plant in South Carolina BMW has broken ground on a $700m electric vehicle (EV) battery plant in Woodruff, South Carolina to supply the company’s main US car factory in nearby Spartanburg. It is also…
News US government lends Ford-SK duo $9.2bn for battery plants The US Department of Energy (DOE) has conditionally committed to a $9.2bn loan to a joint venture of Ford and Korean conglomerate, SK On, to build three battery factories, one…