Battery
Mercedes, BMW reveal EV battery makers amid fire fears in South Korea
THE South Korean units of Mercedes-Benz Group and BMW disclosed the names of the companies that supply their electric-vehicle batteries for the first time after an EV explosion in...
China rapidly expands battery fleet but needs to start using it
CHINA is rushing to build battery-storage systems to allow electricity grids to cope with rapid increases in intermittent power generation from wind and solar farms. But to truly capitalise...
SK Innovation sees strong refining margins; battery unit keeps break-even target
SK INNOVATION said on Thursday (Aug 1) it expects strong oil refining margins in the second half of the year as Opec+ production cuts buoy prices and the peak...
Europe’s biggest electric car battery maker mulls new products as demand wanes
Europe’s EV shift has faltered due to high prices and the removal of subsidies by a number of governmentsThe biggest producer of batteries for electric vehicles in Europe may...
Porsche mulls buying a stake in troubled battery maker Varta
PORSCHE is considering taking a stake in Varta, according to people familiar, as the embattled battery producer weighs options to restructure its debt.
The German luxury-car maker aims to...
Battery maker LG Energy’s profit sinks on global EV slowdown
BATTERY maker LG Energy Solution’s second-quarter profit missed analyst estimates, as sales of electric vehicles (EVs) continued to slow. Operating profit for three months ended Jun 30 dropped 58...
LG sees battery breakthrough by 2028 that has eluded Tesla
LG ENERGY Solution is aiming to commercialise what’s been described as a game changing battery-making technology by 2028, opening a path for the South Korean cell manufacturer to become...
Boustead unit partners Evotion Labs to deploy Singapore’s first EV motorcycle battery swop stations
A UNIT of engineering and technology group Boustead Singapore has signed a memorandum of understanding (MOU) with local electric vehicle (EV) solutions provider Evotion Labs to deploy Singapore’s first...
