Tag: Battery production
Stellantis targets affordable EV market with new CATL battery plant in Spain
Stellantis and CATL are investing €4.1 billion to build an LFP battery plant in Zaragoza, Spain, starting production by late 2026.The plant will focus on reducing EV costs, supporting Stellantis’ Dare Forward 2030 strategy...
Hyundai and LG complete an advanced EV battery plant in Indonesia, boosting local production goals
Hyundai and LG completed the HLI Green Power EV battery plant in Indonesia with a 10 gigawatt-hour annual capacity.Hyundai's Indonesian plant will start mass production of the KONA Electric EV, leveraging the new facility’s...
Amplify Cell Technologies breaks ground on a new battery facility in Mississippi, creating over 2,000 jobs
Amplify Cell Technologies begins construction of a battery cell factory in Marshall County, Mississippi.The joint venture involves Accelera, Daimler Trucks & Buses US Holding LLC, PACCAR, with $2-3 billion investment.Facility to annually produce 21...
Greenpower Park: The UK’s upcoming battery research and manufacturing campus
Greenpower Park will revolutionise battery research and manufacturing.It attracts global collaboration with £2.5 billion investment and 6,000 skilled jobs.Positioned in Coventry, it leads Britain's green industrial revolution.Greenpower Park opens to provide training and facilitate...
Michigan leads US battery production with LG Energy Solution’s $3 billion investment in Toyota
LG Energy Solution and Toyota join forces in Holland, Michigan, for EV battery production.Michigan's $1.7 billion LGES investment propels it as a global EV hub, attracting $14 billion in EV investments in 2022.Both companies...
IONWAY’s new plant in Poland could rapidly accelerate European battery production
IONWAY, with PowerCo and Umicore backing, establishes CAM plant in Nysa, Poland, reshaping European battery production.Initiative creates 900 jobs, prioritizes renewable energy, and aligns with EU sustainability targets.Government support and proximity to Umicore enhance...