Ford and SK On’s JV BlueOval SK receives record-breaking loan for U.S. battery plants
The U.S. Department of Energy (DOE) has finalized a direct loan of up to $9.63 billion to BlueOval SK LLC (BOSK), a joint venture between ... Read More
Armacell takes over JIOS Aerogel’s stake in AJA to strengthen Aerogel production and market position
Armacell, an industry leader in flexible foam for equipment insulation and engineered foams, has announced the acquisition of JIOS Aerogel’s shares in Armacell JIOS Aerogels ... Read More
Hyundai Motor, Korea Zinc partner to secure stable nickel supply for EV batteries
Hyundai Motor Group, a global automotive giant, has announced a Memorandum of Understanding (MOU) with Korea Zinc, the leading non-ferrous metal smelting company in Korea. ... Read More
Suzuki Motor to invest Rs 104.4bn in Gujarat for EVs and battery manufacturing
Suzuki Motor Corporation (SMC) has inked a memorandum of understanding (MoU) with the Gujarat government to invest nearly JPY 150 billion (around INR 104.4 billion ... Read More
Rock Tech Lithium plans €400m lithium hydroxide converter in Romania
Rock Tech Lithium has signed a non-binding memorandum of understanding (MoU) with the Romanian government to build a lithium hydroxide converter in the European country ... Read More
Volvo Cars, Northvolt to build battery manufacturing plant in Gothenburg
Volvo Cars and Northvolt will build a new 50GWh battery manufacturing plant in Gothenburg, Sweden with an investment of around SEK 30 billion ($3.28 billion) ... Read More