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On February 6, LG Energy Solution, Stellantis, and NextStar Energy announced that LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis selling its 49% equity stake to LG Energy Solution. The move will end the joint venture structure formed in 2022 to build Canada’s first large-scale batt
On February 5, Karma Automotive Inc. and Factorial Inc., a U.S.-based leader in solid-state battery technology, announced the launch of the first solid-state battery production program in the U.S. for passenger vehicles.
The collaboration will integrate Factorial’s FEST solid-state battery technology into Karma’s nex
On February 4, QuantumScape Corporation, a leader in next-gen solid-state lithium-metal battery technology, announced the inauguration of its newly installed Eagle Line at its facility in San Jose, California. The event was attended by automotive OEM customers, QS ecosystem partners and government officials, and incl
On February 5, the European Investment Bank (EIB) announced that it is providing EUR 24 million in financing for TWAICE. The financing will accelerate TWAICE’s growth as electrification drives rapid expansion across both battery energy storage systems and electric vehicle markets, increasing demand for predictive ana
On January 28, DDP Specialty Electronic Materials US, LLC, a subsidiary of DuPont, announced their plans to add 6,000 square feet to their existing facility in Midland, Michigan for a new production process that will provide materials used in the global EV industry. The expansion, which will add additional truck dock
On February 3, Arkema and Senior, a global leader in battery separator technologies, signed a memorandum of understanding (MoU) to further strengthen their long-term strategic cooperation and jointly advance innovation across the battery value chain. Arkema and Senior will deepen their cooperation related to Arkema’s
Reported on January 29, 2026, the all-new Toyota Vios Hybrid has been launched in Malaysia in two variants, including a GR Sport. Pricing starts at MYR 103,900 for the 1.5 HEV and MYR 109,900 for the 1.5 HEV GR Sport (OTR, excluding insurance).
The model is assembled locally (CKD) at Toyota’s Bukit Raja plant, where
Several South Korean media sources reported that South Korea’s Innox Ecom Co., Ltd. has established a Full Si Solution portfolio for silicon-based anode materials for secondary batteries. The company will fully introduce its Si on Demand strategy, which leverages its comprehensive lineup of Silicon (Si) powder, Si ox
Ford has revealed that the total cost for dissolving its EV battery joint venture with SK On, announced in December 2025, is USD 6 billion, which will be a hit to earnings before tax and interest (EBIT) spread across a few years. The first USD 3 billion write down will take place in 2025 earnings, while the remaining
On January 29, Beam Global announced that it has been granted a new patent by the European Patent Office. The patent covers Beam Global’s Phase Change Composite (PCC) material for Lithium-ion batteries and is titled Smart Phase Change Composite for Passive Thermal Management.
The material is designed to act as an int
On February 2, Porsche announced that it has started production of the Cayenne Electric in Bratislava, Slovakia on a line with the models with combustion engines and hybrid drives.
With an output of up to 850 kW (1,156 hp), the top-of-the-range Cayenne Turbo is the most powerful Porsche production model of all time.
On January 22, Octillion Power Systems announced that it had achieved a new manufacturing milestone on December 3, 2025, by producing 3,653 EV battery systems in a single day, representing approximately 114 MWh of energy production. The battery systems produced support a broad range of electric vehicle applications,
On January 30, 2026, Luminous Power Technologies inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh, with a production capacity of 500 MWh. The facility integrates advanced robotic automation with precision-led manufacturing processes for quality, safety, and performance.
The assembly
On February 1, 2026, the Union Finance Minister of India in the Budget 2026-27 announced measures to strengthen India's electric mobility, electronics and energy transition value chains. The Budget extended basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for batteries, supportin
On January 23, Volkswagen Group of America issued a recall for 43,881 ID.4 electric crossover in the U.S. for their high-voltage batteries that may overheat, potentially resulting in a vehicle fire.
The affected crossovers were produced for model years 2023, 2024, and 2025 from September 2, 2022, through April 10, 2
On January 29, Stellantis’ Head of Western Europe Technical Centers opened a new Battery Safety Lab at the highly confidential Belchamp Test Center near Sochaux, France. The lab is used to test EV batteries for the group’s different brands.
The lab focuses on two key safety tests, i.e.:
Thermal runaway: regulations r
On January 30, MaxVolt Energy announced the establishment of MaxVolt ReEarth, a wholly owned subsidiary focused on lithium battery recycling in India. MaxVolt ReEarth will provide end-to-end battery recycling solutions covering second-life applications, disassembly, shredding of end-of-life batteries, black mass manu
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