Samsung SDI [KRX: 006400] has started production of 46-series cylindrical batteries and shipped its first 4695 modules from its Vietnam subsidiary to a US micro-mobility […]
Category: Manufacturing facility
Electric vehicle manufacturing facilities are growing rapidly around the world. In 2022, there were over 500 electric vehicle manufacturing facilities in operation globally, and this number is expected to grow to over 1,000 by 2030. The top five countries with the most electric vehicle manufacturing facilities are: China-250, United States-100, Europe-75, South Korea-50, Japan-40.
BYD plans US$10bn EV plant in Hyderabad
China-based electric vehicle maker BYD has planned a US$10bn investment to set up a manufacturing facility in Hyderabad, India, according to a 20 March report […]
GOI introduces ALMM for solar PV cells to accelerate India’s green energy transition
New Delhi, 27 October 2024: India’s government is set to release an Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) cells, mirroring […]
JSW Group’s Electric Vehicle Initiative: Pioneering Change
MUMBAI, 12 February 2024: JSW Group, led by billionaire Sajjan Jindal, is poised to spearhead a transformative journey in India’s automotive industry. With a colossal […]
CBL’s $420M Investment sparks growth in Indonesia’s EV battery sector
INDONESIA, 25 December 2023: In a significant development for Indonesia’s electric vehicle (EV) battery industry, Ningbo Contemporary Brunp Lygend (CBL), a prominent Chinese EV battery […]
India now considers lowering import taxes on UK electric vehicles
NEW DELHI, 9 November 2023: India is actively exploring the possibility of lowering import taxes on select electric vehicles (EVs) from the United Kingdom. This […]
Stellantis, Orano announce new electric vehicle battery recycling agreement
AMSTERDAM, 28 October 2023: Stellantis NV and Orano have embarked on an exceptional journey towards the sustainable management of end-of-life electric vehicle (EV) batteries and […]
Epsilon now invests $650M in EV battery manufacturing plant in North Carolina
BOLIVIA, 27 October 2023: Epsilon Advanced Materials (EAM), India’s prominent battery materials company, is making a historic foray into the US electric vehicle (EV) market. […]
PIF, Hyundai Joint Venture: New Auto Plant in Saudi Arabia
RIYADH, 25October 2023: In a groundbreaking partnership, the Public Investment Fund (PIF) and Hyundai Motor Company are set to establish a state-of-the-art automotive manufacturing plant […]
Stellantis, Samsung SDI announce new US Gigafactory in Kokomo, Indiana
AMSTERDAM, 13 October 2023: Stellantis NV and Samsung SDI have revealed their strategic move to establish a second battery manufacturing facility in the United States, […]