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India looks east to this new ally to ease China’s grip on EV batteries

Livemint

Livemint · 1m ago

India looks east to this new ally to ease China’s grip on EV batteries

India is exploring ties with Japan to reduce reliance on China for EV batteries and critical minerals. Major Japanese firms like Panasonic and Mitsubishi Chemicals are in India to explore partnerships. This collaboration aims to diversify the supply chain for lithium-ion batteries essential for electric vehicles and energy storage. As China tightens export controls on critical minerals, these discussions signify India’s strategic move to secure its position in the global EV market.

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GM teams up with Redwood Materials to power data centers with EV batteries | TechCrunch

TechCrunch · 14d ago

GM teams up with Redwood Materials to power data centers with EV batteries | TechCrunch

GM and Redwood Materials are collaborating to repurpose EV batteries for stationary energy storage, with second-life batteries already powering a microgrid in Nevada. This initiative is part of Redwood's new energy storage division, aiming to repurpose rather than recycle. The collaboration marks an expansion of an existing agreement, with Redwood recovering about 70% of used batteries in the U.S. The partnership provides GM with a hedge against fluctuating EV sales, while energy storage demand consistently grows.

PURE EV partners with BE Energy to launch battery reconditioning technology in India

YourStory

YourStory · 6m ago

PURE EV partners with BE Energy to launch battery reconditioning technology in India

Hyderabad-based electric two-wheeler manufacturer PURE EV has partnered with French climate-tech firm BE Energy to develop advanced lithium-ion battery reconditioning technology in India. This collaboration aims to reduce costs for EV owners and enhance sustainability by lowering the need for new batteries. The initiative supports India's 'Make in India' policy, with the first facility to be established in Hyderabad. The partnership underscores PURE EV's commitment to durability and BE Energy's focus on sustainability in the EV sector.

Can India become a global EV manufacturing hub?

Inshorts · 3m ago

Can India become a global EV manufacturing hub?

India's EV future isn't just about usage, it's about ownership of the supply chain. From batteries and motors to software and servicing, a localised ecosystem is taking shape. If India gets this right, it won't just be an EV market, it'll be a global production powerhouse. This vertical integration also insulates the industry from global supply shocks and price volatility.

Vietnam's VinFast to set up $500 mln EV facilities in India

Reuters · 1y ago

Vietnam's VinFast to set up $500 mln EV facilities in India

Vietnamese electric vehicle (EV) maker VinFast has entered an agreement to establish its first manufacturing facilities in India with an investment of up to $2 billion. The project, in partnership with the state of Tamil Nadu, aims to start construction this year and generate 3,000 to 3,500 jobs locally. VinFast plans to make EV batteries in Thoothukudi, Tamil Nadu, and intends for the project to become a leading EV production hub in the region with an annual capacity of up to 150,000 vehicles. India is targeting 30% EV sales by 2030.

China’s Rare Earth Curbs Hit Key Automakers, Threaten India’s EV Push

OutlookIndia

OutlookIndia · 1m ago

China’s Rare Earth Curbs Hit Key Automakers, Threaten India’s EV Push

India's electric vehicle (EV) sector faces significant challenges due to China's restrictions on rare earth exports, essential for EV production. As a major supplier, China's move disrupts supply chains and impacts production costs. Indian automakers like Suzuki and TVS Motor are already experiencing production halts. This trade restriction is part of broader geopolitical tensions, particularly between China and the US, emphasizing the need for India to seek alternative supply sources or strategies.

EV owners will soon get a Battery Passport for their vehicles. One scan Will reveal everything

Economic Times

Economic Times · 23d ago

EV owners will soon get a Battery Passport for their vehicles. One scan Will reveal everything

India plans to introduce a "Battery Passport" system for electric vehicles (EVs), providing detailed digital information about batteries via QR codes. Initiated by Niti Aayog, this system records battery specifications, enhancing safety and quality. It aims to prevent safety hazards linked to varying battery cell ages and boost EV export potential. The initiative supports a forthcoming battery swapping policy and aligns with government incentives for global EV manufacturers to establish production units in India.

A startup is using woodchips to make synthetic graphite for EV batteries

Business Insider

Business Insider · 1y ago

A startup is using woodchips to make synthetic graphite for EV batteries

A New Zealand startup, CarbonScape, is using woodchips to produce synthetic graphite for electric vehicle (EV) batteries. Through a process called pyrolysis, the company converts wood waste from timber making into biochar, which is then transformed into raw graphite. CEO Ivan Williams aims to decarbonize the battery industry and reduce reliance on Chinese-made EV batteries. While some critics question the feasibility and cost-effectiveness of the idea, CarbonScape gained $18 million in funding from Stora Enso and also attracted investment from Amperex Technology. The company's innovative approach is gaining international attention as global EV production expands.

Lohum eyes $100 mn funding to grab a slice of global EV battery pie

Livemint

Livemint · 1y ago

Lohum eyes $100 mn funding to grab a slice of global EV battery pie

Battery tech startup Lohum plans to raise $100 million in funding to expand its manufacturing operations in India and abroad, benefiting from the growing adoption of electric vehicles. The company aims to reach a valuation of $600-650 million, capitalizing on investor interest in the sector. Lohum recently raised $54 million in a Series B round led by Singularity Growth. It has appointed investment bank Avendus Capital to assist with fundraising efforts and plans to expand to North America, the Middle East, and Europe. Lohum specializes in repurposing and recycling EV batteries and offers an end-to-end battery lifecycle management ecosystem.

China and U.S. both eye breakthrough EV technology

Livemint

Livemint · 1y ago

China and U.S. both eye breakthrough EV technology

China currently dominates the EV battery market, making it challenging for other countries to break their stronghold. However, new technological breakthroughs could potentially disrupt China's dominance. Sodium-ion batteries and silicon anodes are potential alternatives, but China still controls the majority of their supply. Solid-state batteries are seen as the ultimate goal due to their improved safety and energy storage capabilities. While the technology is not yet perfected, Chinese companies, as well as startups in the West, are actively researching and developing solid-state batteries. China's battery supremacy may face challenges with the emergence of new technologies in the future.

Redwood Materials launches energy storage business and its first target is AI data centers | TechCrunch

TechCrunch · 1m ago

Redwood Materials launches energy storage business and its first target is AI data centers | TechCrunch

Redwood Materials, founded by JB Straubel, has launched Redwood Energy, an energy storage business utilizing retired EV batteries. The venture aims to provide power to AI data centers, starting with partner Crusoe. At a Nevada facility, the largest North American microgrid powers a modular data center. Redwood recycles over 20 GWh of batteries annually and plans to expand storage capacity significantly. The business model addresses energy storage challenges and leverages the repurposing of EV batteries for economic and environmental benefits.

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