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Keywords: Battery production


EU backs French battery plant with €48 million boost for electric Renault icons

The European Commission has approved a €48 million grant to support Envision AESC's construction of a battery manufacturing facility in Douai, northern France. The plant will produce batteries for the upcoming electric versions of Renault's iconic 5 and R4 models, marking a significant step......

Toyota expands electric vehicle investments in China and the U.S

Toyota, the Japanese automaker, has announced a strategic partnership with the city of Shanghai to enhance the development and production of electric vehicles (EVs) and batteries in China. As part of this collaboration, a new company will be established in Shanghai’s Jinshan district, with plans......

Gotion High-Tech Invests €2.5 Billion in Battery Production Facilities in Morocco and Slovakia

Gotion High-Tech has announced a significant investment in expanding its global footprint by dedicating €2.5 billion toward the establishment of cutting-edge lithium battery production facilities in Morocco and Slovakia. These strategic initiatives, forming a part of Gotion's broader global......

Tesla's Battery Revolution: Unlocking a Sustainable Future

In a bold move that has sent ripples through the automotive industry, Tesla has accelerated its battery production plans, signaling a potential game-changer for the company's future and the wider energy landscape. This strategic shift is a testament to Tesla's unwavering commitment to sustainability......

China's BTR Group to Establish $366 Million Lithium-ion Battery Facility in Morocco

China's BTR Group has unveiled plans to construct a lithium-ion battery plant in Tangier Technology City, Morocco. This ambitious project, valued at $366 million, is slated for completion in approximately two years and marks a pivotal move in BTR's global expansion strategy. The facility aims......

LG Energy Solution Explores Morocco for Strategic EV Battery Production

In a significant industry move, South Korea's LG Energy Solution (LGES) is eyeing Morocco as a potential site for a new Electric Vehicle (EV) battery production facility. This strategic consideration comes as the company aims to strengthen its foothold in the European market amidst changing trade......

Volkswagen Selects Morocco as Key Hub for EV Battery Production

In a strategic move aimed at bolstering Europe's electric vehicle (EV) industry, Volkswagen has identified Morocco as a pivotal center for battery production. This decision underscores the pressing need to address the supply chain gaps that have hindered Europe's efforts to establish a robust......