Batteries

Hyundai proposes electric vehicle battery leasing plan to lower cost of EVs

Hyundai proposes electric vehicle battery leasing plan to lower cost of EVs

Hyundai and partners look to battery leasing plan to lower up front costs of electric taxis and other EVs, and re-use batteries for storage and fast-charging.
Wesfarmers invests $1 billion into Australian lithium project for EV batteries

Wesfarmers invests $1 billion into Australian lithium project for EV batteries

Australian conglomerate Wesfarmers commits $A1 billion for the Mt. Holland lithium project which, upon completion expected for the second half of 2024, is expected to produce 50,000 tonnes per annum of battery-grade lithium hydroxide.
UK eyes second electric vehicle battery factory

UK eyes second electric vehicle battery factory

UK’s Britishvolt eyes second site in Coventry for an electric vehicle battery factory.
VW partner Quantumscape clears another hurdle on road to solid-state battery

VW partner Quantumscape clears another hurdle on road to solid-state battery

Volkswagen-backed Quantumscape says it has cleared another hurdle on the path to commercialising solid-state EV batteries.
EV battery material firm Novonix strengthen ties with Dalhousie University

EV battery material firm Novonix strengthen ties with Dalhousie University

Electric vehicle battery material firm Novonix inks five-year deal with battery researchers at Dalhousie University.
Magnis raises $34 million to accelerate gigawatt-scale EV battery factory

Magnis raises $34 million to accelerate gigawatt-scale EV battery factory

Magnis Energy Technologies’ plans to become a major producer of extra-fast charging EV batteries given major boost by “heavily oversubscribed” capital raising.
New salt-based battery could revolutionise electric cars

New salt-based battery could revolutionise electric cars

Researchers design new type of rechargeable battery using salt as key ingredient which they say could extend range, be fully recyclable, and be cheaper to make.
Tesla makes progress on Berlin factory as EU signs off $1.6bn for battery plant

Tesla makes progress on Berlin factory as EU signs off $1.6bn for battery plant

Elon Musk tweets video of Berlin gigafactory, which will receive 1 billion euros in state aid for its 4680 battery plant.