The US government released guidance on EV batteries and materials sourcing, mainly targeting China. Starting in 2024 and 2025, EVs will not be eligible for tax credits provided by...
The tax incentives of the US Inflation Reduction Act of 2022 (IRA) are luring lithium battery supply chains to swiftly set up shop in the country, gradually disrupting the initial...
Driven by significant grants under the US Inflation Reduction Act (IRA), South Korean battery makers LGES, SK On, and Samsung SDI have expanded their production investments in North...
BYD is reportedly in talks with KG Mobility (KGM), South Korea's fourth-largest car maker, to jointly set up an electric vehicle (EV) battery plant in South Korea that is expected...
TSMC has officially entered the European automotive supply chain with plans to establish a joint venture fab in Dresden, Germany, relieving European automakers' concerns about chip...
The number of South Korean battery material makers joining production of anode materials for EV-use power batteries is gradually increasing in recent times, but even Posco Future...
Ford and General Motors (GM) have successively adopted the North American Charging Standard (NACS) developed by Tesla, paving the way for the unification of fast charging specs in...
LG Energy Solution (LGES) announced that it has entered into an agreement with Australian company Novonix to jointly develop artificial graphite used as battery cathode materials...
Countries and regions have tried to localize supply chains, given the multiple disruptions the world experienced in past years. The US is seeing much more EV-related investment coming...
As the US keeps urging manufacturers to invest through a series of initiatives, including the Inflation Reduction Act (IRA), South Korea-based EV and parts suppliers are accelerating...
South Korea believes the US may reduce the tax credits in President Joe Biden's landmark clean energy law, which encourages automakers to manufacture electric cars in the US, should...
China's battery material sector has continued to invest in South Korea, apparently as as a loophole to avoid the US' Inflation Reduction Act (IRA) and the EU's Critical Raw Minerals...
Since the onset of the US-China trade war, Washington has launched a series of initiatives to bring manufacturing back to India, especially the strategically significant semiconductors...
The US energy storage sector pointed out that in the past two years, due to the lithium battery price increases, many system installation cases were left idle or even halted as their...
