DeCharge secures $2.5 million to expand EV charging network
April 02, 2025
Indian startup DeCharge is expanding EV charging infrastructure with a network of DC fast chargers and DeCharge Beast chargers, designed to provide high-speed, accessible and intelligent charging solutions.
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Compound semiconductor materials market to cross $91B by 2035
March 31, 2025
EVs are emerging as a critical application area in the compound semiconductor industry, as many EV makers are resorting to MOSFETs or SiC Schottky barrier diodes (SBD) in DC-DC converters.
Intelligent battery sensor market to reach $18.6 billion by 2032
March 27, 2025
The intelligent battery sensor market is witnessing significant growth, driven by the rising adoption of EVs, demand for battery management systems, and integration of smart automotive technologies.
BYD annual sales cross $100 billion, surging ahead of Tesla
March 26, 2025
Chinese EV maker BYD reported a 29% jump in sales from the previous year on deliveries of 4.27 million cars. By comparison, Tesla’s 2024 revenue was USD 97.7 billion.
Xiaomi raises $5.5 billion in share sale amid EV push
March 25, 2025
Xiaomi is targeting its nascent EV business to propel growth and has raised its EV delivery target for 2025. The Chinese tech giant is also expanding the size of a planned second factory in Beijing.
EU trade chief suggests tech transfers in exchange for Chinese EV investment
March 21, 2025
EU trade chief Maros Sefcovic has suggested ahead of an official visit to Beijing that technology transfer should be a condition of Chinese investment in Europe’s EV industry.
European Union launches investigation into Chinese EV subsidies
March 21, 2025
The EU has initiated a probe into unfair Chinese subsidies of a Hungarian EV manufacturing plant.
Hero MotoCorp to acquire 32.5% stake in Euler Motors
March 21, 2025
Hero MotoCorp has entered the electric three-wheeler segment by investing USD 60 million in Delhi-based Euler Motors, which is operational in 30 Indian cities.
Battery technology market to reach $137 billion by 2031
March 21, 2025
Asia Pacific is the largest market for battery tech with a share of 50%, followed by Europe and North America. In terms of products, lead-acid battery is the largest segment with a share of 55%.
SK On, Nissan ink 100GWh US EV battery supply pact
March 21, 2025
South Korea’s SK On will supply high-nickel batteries to Nissan from 2028 to 2033, involving a total investment of USD 661 million. This production will support 1,700 US jobs at SK On.
Coreshell receives $24 million in funding to scale up low-cost silicon EV batteries
March 20, 2025
U.S. battery technology company Coreshell has announced that it has successfully raised $24 million in private investment to scale its production of low-cost silicon EV batteries.
NaaS joins hands with Xiaomi Auto to boost EV charging
March 18, 2025
Xiaomi Auto users will be able to access NaaS’s extensive charging network in China through Xiaomi Auto App and the in-vehicle charging navigation system.
Montra opens electric small vehicles facility in Chennai
March 17, 2025
Spread across around 500,000 square feet, the plant in Tamil Nadu has an annual production capacity of 50,000 vehicles, catering to the small and light commercial vehicle (SCV/LCV) segments.
Thailand approves $1B investment from China’s Sunwoda
March 17, 2025
Shenzhen-based battery maker Sunwoda is expected to create 1,000 jobs in Thailand for production of lithium-ion battery cells for EV manufacturers.
Jaguar shelves plan to build EVs at Tata’s India plant
March 14, 2025
Jaguar Land Rover could not find the right price-quality balance for locally sourced electric vehicle parts to build EVs at parent company Tata Motor’s factory in southern India, according to Reuters.
EY and Eurelectric expect EV battery capacity to surge by 2030
March 12, 2025
EY and Eurelectric have announced they expect EV batteries to offer a capacity of up to 114TWh by 2030.
DHL and Cox Automotive launch UK EV battery service center
March 11, 2025
DHL Supply Chain and Cox Automotive have announced a partnership to provide in-life EV battery services for customers.
UBE breaks ground on $500M battery material plant in Louisiana
March 10, 2025
The plant will produce 100,000 tons of DMC per year and 40,000 tons of EMC derived from DMC annually. The facility is scheduled for completion in July 2026, and begin operations in November 2026.
South Korea plans $34B fund for strategic sectors like chips, AI
March 07, 2025
The state-run Korea Development Bank’s 50 trillion won (USD 34.37 billion) fund will be offered to firms in national strategic industries through cheap loans and other investments.
SiC power semiconductors market to reach $11.7B by 2035
March 03, 2025
Silicon carbide (SiC) power semiconductors have gained significant traction in high-power applications due to their superior thermal conductivity, higher breakdown voltage and energy efficiency.
Toyota teams up with Japanese oil giant to build all-solid-state EV batteries
March 03, 2025
Japanese automaker Toyota has teamed up with the oil giant Idemitsu Kosan to construct a large-scale lithium sulfide plant to supply raw materials for Toyota’s all-solid-state EV battery production line.
New Chinese injections give lithium EV batteries 12,000 extra cycles
February 28, 2025
Scientists in China have made an incredible breakthrough with a series of injections that could expand the lifespan of lithium-ion batteries for EVs by up to 12,000 cycles.
Mercedes-Benz’s revolutionary EV batteries reach road testing phase
February 28, 2025
Mercedes-Benz has approved its brand-new solid-state EV batteries for formal road testing in partnership with its Formula One engineers.
Idemitsu’s lithium sulphide plant will support Toyota’s EV goals
February 28, 2025
The facility at Idemitsu’s Chiba refinery, expected to be completed by mid-2027 at a cost of USD 143 million, will have a production capacity of 1,000 metric tons of lithium sulphide annually.
Vidyut’s BAAS ambitions get $2.5 million boost
February 28, 2025
The funding will enhance the Bengaluru-based start-up’s battery-as-a-service (BAAS) offerings in both passenger and commercial EV segments.
CALB to invest $2.1B in EV battery factory in Portugal
February 24, 2025
The factory in Sines will produce lithium batteries for EVs with a total annual capacity of 15 gigawatt hours. The unit is expected to create 1,800 direct jobs, Chinese battery maker CALB said.
Silicon anode battery market to touch $1.4 billion by 2032
February 21, 2025
North America leads with a 47% CAGR, while EV adoption sees a 54% CAGR due to fast charging and extended range benefits.
Toyota backs LG’s Michigan battery plant with $1.5B order
February 21, 2025
LG Energy Solution was looking for new customers after General Motors reached a non-binding agreement with LG to sell its stake in the Lansing, Michigan, plant.
IITs, iVP Semi sign MoU to make silicon power MOSFETs
February 19, 2025
While IIT Bombay and IIT Bhubaneswar will contribute their research prowess and academic knowhow, iVP Semi brings its industry-leading experience and insights.
Hyundai plans to shake up EV market with new “Dream” batteries
February 18, 2025
Hyundai has set a March date to reveal its brand-new all-solid-state EV battery pilot line, dubbed “Dream” batteries.
Dutch Startup achieves silicon EV battery breakthrough
February 17, 2025
Netherlands-based LeydenJar has achieved a breakthrough in developing lithium-ion batteries through using 100% silicon anodes.
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