CATL and Beijing Hyundai ink a strategic agreement on EV batteries
On April 25, 2024, Contemporary Amperex Technology Co., Limited, and Beijing Hyundai signed a strategic partnership agreement at Auto China 2024 to cooperate on Beijing Hyundai’s EV projects and to power future Beijing Hyundai electric models with CATL batteries. As a joint venture with a deep presence in China for 21 years, Beijing Hyundai has sold over 12 million vehicles […]
SES AI, Hyundai Motor and Kia sign a joint development contract
SES AI Corporation, a global leader in the development and manufacturing of high-performance Li-Metal batteries, yesterday announced that it signed an agreement to enter the next phase of its existing joint development agreement (“JDA”) with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation (“Kia”) to start developing B samples. As part of the agreement, Hyundai […]
Renato Gross joins as Senior Vice President of ADSE Inc.
ADS-TEC Energy PLC, a global leader in battery-buffered, ultra-fast charging technology, recently announced the appointment of Renato Gross as Senior Vice President of ADSE Inc., the company’s US subsidiary. In this position, Gross will oversee the growth and expansion of ADS-TEC Energy in the US. With all the skills needed to support ADS-TEC Energy’s growth […]
Hithium signs a supply agreement with Powin
Stationary battery manufacturer Hithium has signed on to supply 5GWh of battery capacity to global energy storage platform provider Powin, LLC. The duration of the deal is three years, with the two companies having signed their first agreement earlier in 2023 for the delivery of at least 1.5GWh. Hithium will provide Powin with the agreed-upon […]
Adapture Renewables sign three EAPAs with Meta
Adapture Renewables, Inc., a developer, owner, and operator of utility-scale solar and battery energy storage projects, announced yesterday the signing of three Environmental Attributes Purchase Agreements (EAPAs) with Meta to procure 330 MW of renewable energy from three solar projects under development in Illinois and Arkansas. Meta is one of the largest corporate buyers of […]
Sicona Battery Technologies raises AUD22 Million in funding from leading industries
Sicona Battery Technologies (“Sicona”) today announced it has raised AU$22 million in Series A funding which will be used to further the company’s development plans both in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & Decarbonization AIE LP, a fund managed by Waratah Capital. Riverstone Ventures, […]