Tags: battery for electric vehicles

General Motors close to million-mile electric vehicle battery

General Motors Co is “almost there” on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday. The automaker also is working on next-generation batteries even more advanced than the new Ultium battery that it unveiled in March, according to GM Executive Vice President Doug Parks, who was […]

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Fortum acquires Crisolteq, a recycling specialist of valuable metals in batteries

Fortum is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in recycling of valuable metals in lithium-ion batteries. The investment strengthens Fortum’s position in the recycling of high value materials in Europe. The recycling of battery metals also supports Fortum’s existing battery business. Crisolteq employs 23 people and sales amounted to […]

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Three battery manufacturers may set up shops in Telengana

As part of NITI Aayog’s electric vehicle (EV) push in the country, three different battery (Li-ion) manufacturers are expected to set up their facilities with a combined capacity of 10 gigawatt in Telangana soon, with an investment of Rs 1,500 crore in the first phase. Director of Electronics, Telangana, Sujai Karampuri, withholding the names of […]

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Tata AutoComp signs a JV with Guoxuan Hi-Tech to supply battery packs for EVs

Tata AutoComp Systems on Thursday signed a joint venture with Chinese firm Guoxuan Hi-Tech to design, engineer, manufacture and supply battery packs for electric vehicles (EVs). The joint-venture company has started a prototype manufacturing operation in Pune. The prototype facility was inaugurated by Arvind Goel, MD and CEO, Tata AutoComp Systems and Zhen Li, chairman, […]

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