Industry News
Industry News

Industry News

  • Electric Vehicle Battery Cell Factory in Indonesia
    May 23,2022
    Strategic steps need to be taken to support the development of the national electric vehicle industry. These steps can be taken by encouraging the development of battery technology. Presidential Regulation number 55 the year 2019 has been released and is directed toward growing a new market for battery-powered electric road vehicles. It also regulates the manufacture of battery-powered electric road vehicles and components.
    23
    May
  • Biden administration making $3 billion investment in lithium-ion battery production
    May 16,2022
    (CNN)President Joe Biden is building on his electric vehicle goal with a $3 billion investment Monday aimed at boosting the US supply of lithium-ion batteries through the bipartisan infrastructure package.
    16
    May
  • Installed Capacity of LFP Batteries Likely to Grab 60% of Market Share by 2024
    Apr 26,2022
    SHANGHAI, Apr 26 - According to Drew Baglino, Tesla's senior vice president of engineering, half of Tesla's vehicles are now installed with lithium iron phosphate (LFP) batteries.
    26
    Apr
  • Electric Three-Wheeler Market to reach USD 5.9 Billion by 2027
    Mar 16,2022
    Electric Three-Wheeler Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Three-Wheeler Market Research Report, Battery Type, Driving Range, Vehicle Type, and Region - Forecast till 2027” the market value is predicted to reach USD 5.9 Billion by the end of 2027 with registering a CAGR of 11.10% during the forecast period
    16
    Mar
  • Global battery demand to surge by 2030
    Mar 08,2022
    According to Norway-based independent energy research and business intelligence company Rystad Energy, although global battery demand in 2021 stood at 580 gigawatt-hours (GWh), more than double 2020’s total, global supply was still able to keep up.
    08
    Mar
  • Breaking Down the Cost of an EV Battery Cell
    Mar 03,2022
    As electric vehicle (EV) battery prices keep dropping, the global supply of EVs and demand for their batteries are ramping up.
    03
    Mar