Trump's Shocking Comments Leave Hyundai and Kia Scrambling Amid Success in the U.S.Trump suggested he might eliminate the $7,500 EV tax credit if re-elected, which would impact Hyundai and South Korea's battery industry.
Sustainable and Strong: New EV Batteries Cut CO2 Emissions by 20%!On June 7, 2024, British battery technology company Integral Power announced that they had developed a new cathode material that increases the driving range of electric vehicle (EV) batteries, reduces charging time, and enhances durability. Integral Power claims that its self-developed LFP and LFMP (Lithium Iron Phosphate and Lithium Manganese Iron Phosphate) can increase energy storage […]
Electric Vehicle Fires on the Rise: Is Your Car Safe?The soaring popularity of EVs coincides with a more than six times increase in the number of electri ...
China's Electric Vehicle Boom Fuels Investment Interest in Battery SectorDespite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
China's Waste Battery Recovery Tops $5.3 Billion, Sparks Recycling BoomThe recovery of waste batteries in China exceeded $5.3 billion last year. The recycling market is expected to surge due to the overlapping demand for securing major minerals. According to KOTRA Shanghai and Zhongshan Industrial Research Institute, on the 9th, waste battery recovery in China increased from 236,000 tons in 2021 to 415,000 tons the […]
Indiana Secretary of Commerce To Meet With Samsung SDI to Discuss Battery CooperationDavid Rosenberg, Secretary of Commerce for the State of Indiana, USA, is visiting South Korea. He will meet with Samsung SDI, the largest Korean investor in the state, to discuss potential collaborations in the battery business and review major issues. He is also expected to meet with SoulBrain and Jaewon Industries, both battery material companies, […]
Find Out Your Smartphone Battery Drains Faster in Cold Weather Do you remember being surprised when your smartphone battery drained faster than expected during the cold winter months? It seemed like you had plenty of juice, but when you looked at it again, you realized that it had lost a lot of capacity, and in some cases, it would shut off with little battery left...
YG's Next Big Thing: BABYMONSTER Takes the Stage with Debut Single 'Batter Up'YG Entertainment's new girl group BABYMONSTER debuts with "Batter Up," featuring dynamic hip-hop and ambition.
Biden Boost: $3.5 Billion Surge into Battery IndustryBiden allocates $3.5B for the U.S. battery industry, targeting manufacturing, recycling, and raw materials supply chain support.
From Bankruptcy to Buyout: Volvo Acquires Proterra's Battery Operations in the USVolvo Group is acquiring Proterra's battery business for $210 million, expanding its electric vehicle capabilities.
Electric Car Alert: Tips to Prevent and Respond to Battery FiresPrevent electric car battery fires: after collisions, or puddles, report fires to the fire department with vehicle details.
China's EV Startups: Can NIO, Xpeng, and Li Auto Regain Momentum in 2024?Chinese EV startups NIO, Xpeng, and Li Auto reportedly missed their sales targets for 2023, with varying performance and ambitious goals.
Jeep's Shocking News: Wrangler and Grand Cherokee Go ElectricStellantis is investing $19 billion by 2028 in electric vehicle development, including electric Jeep Wrangler and Grand Cherokee.
Tesla's Market Capitalization Targets $4 Trillion, Elon Musk DeclaresElon Musk has stated that Tesla's value could reach $4 trillion, emphasizing that Tesla is more than just a car or battery company.
California Sees Huge Surge in Electric Car Sales – What's Driving the Trend?California's electric vehicle market share rose to 22.3% in Q3, a significant increase from 9% in 2021 and 17% in 2022.
Toyota's Mega Investment: $8 Billion Surge in North Carolina Battery Factory Toyota has announced an additional $8 billion investment in its electric vehicle battery plant in North Carolina, USA.
Hyundai's $5.5 Billion EV Plant in Georgia Nears Full Foundation CompletionHyundai's U.S. electric vehicle assembly and battery plant progress rapidly, with 99.9% of foundation work completed in one year.
BMW's Mega Investment in US Electric Vehicle ProductionBMW is investing $1.7 billion in the USA for an EV battery factory and plans to produce six electric vehicle models by 2030.
China's EVE Energy Sparks a $2.6 Billion Battery Venture in the US EVE Energy US Holdings, a subsidiary of Chinese EVE Energy, announced on September 7, 2023, that it plans to establish a joint venture in the United States with Electrified Power, Daimler Trucks, and Paccar Inc. The capital contribution limit for the joint investment shareholders is set at a total of $2.64 billion.
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