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EU to Invest 1 Billion Euros to Boost Domestic Supply of Battery Components
The US Inflation Reduction Act — unless it is repeal or revoked — will provide tens of billions of dollars in production credits to companies that manufacture…
Energy Storage Project
Canada to Give Umicore up to C$1BN for New Battery Components Plant
Credit: UmicoreCanada and the province of Ontario will give up to C$1 billion to a unit of Belgium’s Umicore to help it build a plant that will produce co…
Electric Car
LG Chem Develops Flame-Retardant Plastic for Electric Vehicles
When used in battery components, the advanced flame barrier product is said to be resistant to flames for a longer period of time.
Electric Car
GM, Honda Are Teaming up to Build a $30,000 Electric Car
Building a cheap car that is also profitable for the manufacturer is shockingly difficult. Because of the high cost of battery components, it becomes even more …
Electric Vehicle Battery
POSCO Chemical to Supply Materials to Norwegian EV battery Maker
POSCO Chemical Co., a unit of South Korea's steel giant POSCO, said Monday it has signed a deal with a Norwegian electric vehicle (EV) battery maker on developm…