Sanyo has announced plans to expand Li-ion battery production at its plant in Kasai, Japan to 10 times its current capacity by 2015. The company indicated it should meet the initial target of 1 million units per month by March 2011, then reach 10 million units per month in 2015. This announcement co...
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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