CATL is moving forward with plans to expand its operations in Europe, aiming to increase its presence in the region next year.

FAAD Network, established in 2019, is a SEBI-registered Category 1 Angel Fund with a corpus of 300 crore.

This facility, which is located on the western coast of Michigan, has started cell production and seeks to commence shipments in June.

Stellantis is set to expand its battery manufacturing capabilities to support the growing production of electric vehicles.

In addition to the anticipated benefits from falling battery material prices, Rivian is also focusing on ramping up the production of its in-house drive unit.

Innovative ‘Dry Coating’ Technique Enhances Efficiency and Cuts Costs