IndianOil in Partnership with SUN Mobility Opens EV Battery Swapping Facility at its Retail Outlet in Chandigarh Updated On Fri, Jun 26th, 2020 by Saurenergy Oil major Indian Oil Corporation (IndianOil) has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility. Bengaluru-based SUN Mobility is a joint venture (JV) between Maini Group and SUN Group–co-founded by Chetan Maini, founder of India’s first electric car, Reva and Uday Khemka, Vice Chairman […] Read more
EV Boom to Cause Nickel Sulphate Supply to Peak in 2027: WoodMac Updated On Mon, Jun 8th, 2020 by Saurenergy Nickel in sulphate production is expected to rise from 211 Kt in 2019 to its peak at 450 Kt in 2027, while demand driven by the EV sector continues to accelerate Nickel in sulphate production is expected to rise from 211 kilo-tonnes (Kt) in 2019 to its peak at 450 Kt in 2027, while demand […] Read more
Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report Updated On Thu, May 7th, 2020 by Saurenergy According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […] Read more
SK Innovation Increases Investment in US EV Battery Business to $2.5 Bn Updated On Fri, May 1st, 2020 by Saurenergy SK Innovation has announced that it plans for additional investment in its US battery business, to fund the start of construction of a 2nd EV battery plant. South Korea-based SK Innovation has announced that it plans for additional investment in its US battery business, following approval by its Board of Directors to fund the start of construction of a […] Read more
GM Reveals new Ultium Batteries and Flexible Platform for EV Expansion Updated On Thu, Mar 5th, 2020 by Saurenergy General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. “Our team accepted the challenge to transform product development at GM and position our […] Read more
LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors Updated On Tue, Feb 25th, 2020 by Saurenergy LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […] Read more
Global EV Battery Market to Reach 40.6 mn Units by 2026 Updated On Mon, Dec 9th, 2019 by Saurenergy A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […] Read more
EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF Updated On Mon, May 27th, 2019 by Saurenergy However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […] Read more
China’s CATL To Open German Plant For EV Batteries in 2021 Updated On Tue, Jan 29th, 2019 by Saurenergy CATL already has strategic agreements with carmakers including SAIC Motor Corp, Geely, BMW and Volkswagen. The world’s largest EV battery maker, China’s Contemporary Amperex Technology (CATL) plans to produce 60 GWh of battery storage by 2026 from its battery plant in Germany, its first production site in Europe. The company will focus on next-generation nickel-rich […] Read more
