EV battery - Asia Tech Wire

EV battery

2024.09.11

08:52

Nippon Shokubai to invest up to $265mn in EV battery material plant

Asia Tech Wire (Sep 11) -- Japanese chemical products maker Nippon Shokubai will invest as much as 37.5 billion yen ($265 million) to build an EV battery material plant.

2024.09.06

08:38

Japanese govt to provide subsidies for car companies to produce EV batteries

Asia Tech Wire (Sep 6) -- The Japanese government will provide subsidies of up to 347.9 billion yen to Toyota Motor, Nissan Motor and other companies for the production of batteries for electric vehicles.

2024.08.13

08:18

S. Korean govt advises automakers to disclose information on EV batteries

Asia Tech Wire (Aug 13) -- The South Korean government decided on Tuesday to recommend that automakers voluntarily disclose information on the power batteries of their electric vehicles sold in the market.

2024.07.26

07:46

CATL supplier considers $200 million funding for Indonesian subsidiary

Asia Tech Wire (July 26) -- Jiangsu Lopal Tech Co. (603906.SH), a supplier to CATL, the world's biggest EV battery maker, is considering raising about $200 million for its Indonesian subsidiary, according to Bloomberg.

2024.06.25

08:07

BASF decides to withdraw from $2.6 billion Indonesian nickel-cobalt project

Asia Tech Wire (June 25) -- German chemical giant BASF has decided to withdraw from a $2.6 billion nickel and cobalt project in Indonesia.

2024.05.17

04:17

China putting brakes on lithium battery expansion

Asia Tech Wire (May 17) -- Chinese companies are becoming more rational in their investment in the lithium battery industry as they put the brakes on capacity expansion.

2024.05.07

07:27

SNE research: S. Korean battery trio's global market share falls to 23.5% in Q1 2024

Asia Tech Wire (May 7) -- The three major South Korean battery manufacturers saw their market share drop to 23.5% in the first quarter of 2024, according to SNE Research.

2024.04.08

08:34

Hyundai Motor, Kia to partner with India's Exide Energy on EV batteries

Asia Tech Wire (Apr 8) -- South Korean automakers Hyundai Motor and Kia announced on Monday that they have signed an agreement with Exide Energy Solutions Limited (EESL) to jointly produce electric vehicle batteries in India.

07:25

LG Energy Solution overtakes BYD to be world's 2nd-largest EV battery maker

Asia Tech Wire (Apr 8) -- South Korea's LG Energy Solution has overtaken BYD to become the world's second-largest producer of electric vehicle batteries, a report said.

2022.04.18

11:02

LG-led consortium pushing for $9 billion project to build EV battery supply chain in Indonesia

Asian Tech Press (Apr. 18) -- A LG-led consortium has signed an initial agreement with Indonesia's two state-run companies to push for a $9 billion project, building an electric vehicle battery supply chain in the Southeast Asian country.

2022.04.07

04:18

SK employees arrested for allegedly stealing EV battery secrets from rival LG

2022.04.06

06:41

U.S. regulator reviews LG Energy Solution batteries for adequate recalls

Asian Tech Press (Apr. 6) -- The U.S. auto safety regulator is launching a review to ensure LG Energy Solution (LGES)'s defective batteries are adequately recalled.

2022.03.23

03:52

SK On gets EU approval for $231 mln Hungarian aid to local EV battery plant

Asian Tech Press (Mar. 23) -- SK's battery-producing unit SK On received EU approval for a $231 million Hungarian aid to its local EV battery plant.

2022.01.20

08:01

SK Innovation and Ford plan to build EV battery plant in Europe

Asian Tech Press (Jan 20) -- SK Innovation and Ford plan to build an electric vehicle battery factory in Europe. The factory will produce 44GWh of batteries per year after completion, enough to produce 600,000 electric cars with a range of more than 500km.

2022.01.17

17:00

Tesla battery supplier CATL to launch EV charging brand EVOGO

Asian Tech Press (Jan 17) -- Tesla battery supplier Contemporary Amperex Technology Co Ltd (CATL) will launch its electric vehicle (EV) changing brand EVOGO this Tuesday.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27