Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday. The automaker’s battery subsidiary,…
Tag: Battery
Battery recycler Ascend Elements files for bankruptcy |
12:16 PM PDT · April 10, 2026 Ascend Elements said on Friday it has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow…
Global Energy Storage Sodium-Ion Battery Market | 25.3% CAGR Surge | China, India, Europe Lead | CATL, Faradion, Natron Energy Drive Next-Gen Storage Revolution
/PRNewswire/ –According to a latest market analysis by Future Market Insightsthe global energy storage sodium-ion battery market is entering a decisive commercialization phase, evolving from…
World’s First Cylindrical Battery Lighthouse Factory: EVE Energy Sets a New Benchmark in Smart Manufacturing
/PRNewswire/ –A flagship facility of EVE Energy (300014.SZ) has been inducted into the Global Lighthouse Network by the World Economic Forum and McKinsey & Company,…
Lithium Iron Phosphate Battery Market to Reach USD 23.55 Billion by 2031, Driven by EV and Energy Storage Demand | Valuates Reports
Global Lithium Iron Phosphate Battery Market Size /PRNewswire/ — The global Lithium Iron Phosphate (LFP) battery market was valued at approximately USD 8.45 billion in…
Ford is starting a battery storage business to power data centers and the grid |
1:17 PM PST · December 15, 2025 Amid Ford’s shift away from making large electric vehicles, the automaker is adding a new product line to…
Ford and SK On are ending their US battery joint venture |
In Brief Posted: 8:11 AM PST · December 11, 2025 Four years ago, Ford and South Korean battery maker SK On struck a deal to…
LG Energy Solution to Enter Aerospace Battery Sector in Partnership with South8 Technologies
LG EnergySolutionsigns strategicdevelopmentcollaborationwithavisionary U.S. startup South 8 Technologies to co-develop space-rated batteries capable of functioning at ultra-low temperatures as low as -60 °C Companies to…
The Battery Show Asia to Spark Innovation Again in March 2026
The Battery Show Asia (TBSA) 2026 is set to make a grand return at AsiaWorld-Expo in Hong Kong. /PRNewswire/ — Following the success ofthe inaugural…
GM cuts thousands of EV and battery factory workers |
General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S., according to multiple outlets. Around 1,200 employees…