Page 6 - Electric Car Battery

Three South Korean companies capture 31% of global EV battery market in Q1

Three South Korean electric vehicle (EV) battery makers accounted for 31% of the global market in the first quarter, but their share has slipped since last year

Ola to set up cell manufacturing plant for powering Lithium-ion battery

Ola will initially source the cells for the Li-ion battery used in its soon-to-be-launched e-scooters from South Korea

Volkswagen takes aim at Tesla with its own European gigafactories

Volkswagen is also working on a major expansion of charging infrastructure, a lack of which is still seen as a big barrier to the mass adoption of battery-powered cars

LG hopes to make new battery cells for Tesla in 2023 in US, Europe: Report

LG Energy Solution aims to build advanced battery cells for Tesla electric vehicles in 2023 and is considering potential production sites in the United States and Europe

Explained: How Tamil Nadu leads the global electric vehicle rally

It is becoming a hub of electric two-wheeler investment by a slew of manufacturers and component suppliers

GM in talks to build second US battery plant with LG Chem in Tennessee

GM said in October it would invest $2 billion in Spring Hill to build electric vehicles

EU green light for $3.5 billion pan-European battery project: Report

Members of the scheme called European Battery Innovation include Austria, Belgium, Croatia, Finland, Greece, Poland, Slovakia, Spain and Sweden, the European Commission said

Electric cars get first battery that can be charged in just five minutes

Israeli company StoreDot Ltd. has manufactured the first battery for electric vehicles that can be charged in just five minutes, a step toward making refueling as fast as cars at a gas station

Powering mobility

Big push for charging infrastructure is a must for EV penetration

Cheaper electric cars may help oil firms to green their businesses faster

Batteries are expected to only make up only 15% of a vehicle's total costs by 2030, compared with 30% today.

LG Chem plans to separate electric car battery business as a new company

South Korea's LG Chem said it plans to separate its battery business as a new company in December

Signs of green shoots in passenger vehicles and two-wheelers: Exide

Chatterjee informed that two new companies - MG Motor (with its Hector model) and KIA Motors (with its Seltos) started this year with 100 per cent use of Exide batteries

Indian Oil launches battery swapping facility for quick recharge of EVs

India's top oil firm IOC on Friday launched a battery swapping facility for EVs at its petrol pumps, offering to replace discharged batteries with fully charged ones in just couple of minutes.

Tesla's new long-life batteries may bring EVs cost in line with petrol cars

For months, Tesla Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a "Battery Day" in late May.

The e-car tipping point

While China is eyeing an ambitious target for EVs by 2025, India is opting a more gradual transition

Tesla challenger China Evergrande Group vows to debut electric car in 2020

The car, to be sold under the 'Hengchi' brand, will debut in the first half of next year, with mass production starting in 2021, the company said in a statement

Working strongly on EV charging framework, battery recycling, says NTPC

NTPC had earlier said it has signed pacts with cab aggregators Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car for creation of public charging infrastructure for electric vehicles.

Will launch EV in India by 2022 but govt must build ecosystem: Renault

Stating that India is still not equipped with the ecosytstem for EVs, Renault India CEO and MD Venkatram Mamillapalle said launching EVs now and "having the cars in the garages makes no sense"

Battery over fossil fuels: EVs may make up half of global car sales by 2040

Predictions are that battery-fueled electric cars will outsell those that run on gasoline by 2040