In recent news, nickel-metal hydride (NiMH) battery producer Cobasys is reportedly being sold by its co-owners Chevron and Ovonic Battery (a division of Energy Conversion Devices) to SB LiMotive, a joint venture (JV) between Samsung SDI and Robert Bosch. This change of ownership has several layers o...
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News Commentary | April 12, 2021
Romeo Power announced a long‑term supply agreement with PACCAR to provide battery packs, modules, and battery management systems (BMS) for PACCAR's battery electric vehicles (BEVs). Under the agreement, Romeo Power will be a battery supplier for Peterbilt 579 and 520 BEVs in the U.S. and Canada ... Not part of subscription
News Commentary | May 03, 2021
General Motors and LG Energy Solution announced a $2.3 billion investment to build their second battery cell manufacturing plant in the U.S. The investment will help Ultium Cells, a joint venture of LG Energy Solution and General Motors, increase the production of large‑format, pouch‑style cells ... Not part of subscription
Analyst Insight | April 26, 2022
In the past year, battery manufacturers have continued to announce hefty capacity expansions, often with associated automakers or in regions with anticipated battery electric vehicle growth. Despite supply crunches as a result of COVID‑19 and battery demand outpacing production, the largest global ... Not part of subscription