Gotion will be eligible to receive US tax benefits totalling $213 million over 30 years and also get $125 million in capital funding from Illinois
The researchers say they’ve developed a high-performance ultra-long-life aqueous zinc-ion battery
The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles
The battery giant is shadowed by increasing competition from rivals like BYD, a capacity glut with its production facilities and headwinds in its efforts to expand globally
Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development
Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction
Batteries are central to Japan’s plan to fuel clean energy expansion and be carbon neutral by 2050
The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on Sulawesi island
More than half of China’s total investments in Europe last year were in Europe's green industries, particularly car battery plants, a new report has revealed
The announcements follow new US sourcing requirements for EV battery components and critical minerals in order for car buyers to qualify for up to $7,500 in credits
The plant will produce 50,000 tonnes per year of lithium iron phosphate (LFP) for cathodes, using lithium carbonate as an input
China's securities regulator has questioned why the battery maker needs so much capital after it raised $6.56 billion in a domestic share placement last year