Batteries Archives - Page 16 of 106

Batteries·Battery Technology·Electric Vehicle·EV·News

Toyota’s $14 Billion EV Battery Plant Launches: Will This Spark a Comeback in the Electric Vehicle Race?

Toyota has opened a $14 billion battery plant in North Carolina, its first in-house facility outside Japan. The plant will produce batteries beginning in April and has a capacity of over 30 GWh annually. It is expected to create around 5,000 jobs

5 February 2025

Batteries·Cars·Electric Vehicle·EV·EV Batteries·News

Unlocking the Future: Volvo’s Revolutionary Battery Passport is Changing the EV Game

Volvo’s EX90 introduces a pioneering battery passport, detailing the battery’s lifecycle and environmental impact. By 2027, the European Union will mandate battery passports for all electric vehicles, enhancing sustainability transparency. The battery passport promotes accountability, supporting a circular economy through improved reuse

5 February 2025

Batteries·Charging·Electric Vehicle·EV·EV Sales·News

Toyota’s Electric Revolution: How the Auto Giant is Shaping the Future of EVs

Toyota’s revenues reached ¥12.391 trillion ($80.95 billion) in the third quarter, a 2.9% increase. The company’s net profit soared 62% year-over-year, hitting ¥2.193 trillion ($14.21 billion). Aiming for ¥4.7 trillion ($31 billion) profit forecast in fiscal year 2025. Establishing a Lexus EV

5 February 2025

Batteries·Charging·Electric Vehicle·EV·News

Toyota’s Bold EV Moves Spark Stock Surge: What You Need to Know

Toyota’s stock is soaring, with a 2.9% rise in fiscal third quarter revenue to ¥12.391 trillion ($80.95 billion). Net profit surged 62% year-over-year to ¥2.193 trillion ($14.21 billion), significantly surpassing expectations. Company predicts a fiscal year 2025 profit of ¥4.7 trillion ($31

5 February 2025

Batteries·Electric Vehicle·EV·News

Shocking Earnings: Is Tesla on the Brink of a Major Comeback?

Tesla’s recent earnings report showed EPS of $0.73 and revenue of $25.71 billion, slightly below expectations. Automotive revenue experienced an 8% decline year-over-year, raising concerns about market pricing pressures. The company sold 1.8 million vehicles, marking its first annual decline in deliveries.

5 February 2025

Batteries·Charging·Electric Vehicle·EV·Infrastructure·News

The Electric Vehicle Battery Boom: A $251 Billion Revolution on the Horizon

The EV battery market is expected to grow from $91.93 billion in 2024 to $251.33 billion by 2035, highlighting a robust annual growth rate of 9.6%. Cylindrical batteries are leading the market due to their durability and performance, attracting major automotive manufacturers.

5 February 2025

Batteries·Cars·Charging·Electric Vehicle·Infrastructure·News

Get Ready! Ferrari’s Groundbreaking Electric Supercar Unveiling is Set for 2025

Ferrari will debut its first fully electric supercar on October 9, 2025, at Capital Markets Day. The electric vehicle is part of a broader 2025 lineup that includes new versions of existing models like the 296, Roma, and SF90. Ferrari aims to

5 February 2025

Batteries·Cars·Charging·Electric Vehicle·EV·News

Revolutionary New Battery Charges in Just 12 Minutes—Is This the Future of EVs?

Researchers in South Korea have developed a lithium-sulfur battery that charges in just 12 minutes. This new battery uses sulfur, which is abundant and cost-effective, offering greater energy density compared to traditional lithium-ion batteries. A novel doped material significantly improves stability and

5 February 2025

Batteries·Charging·Electric Vehicle·EV·Infrastructure·News

Surging Electric Vehicle Battery Market: What You Need to Know

The EV battery market is set to grow from $91.93 billion in 2024 to $251.33 billion by 2035, at a 9.6% annual growth rate. Cylindrical batteries are leading the market due to their durability and performance, being adopted by major manufacturers like

5 February 2025

Batteries·Charging·Green Energy·Infrastructure·News

Toyota’s Bold Leap into the Electric Future Amid Trade Tensions

Toyota is significantly shifting its strategy to focus on electric vehicles in response to global trends and market pressures. The company is opening a joint venture in Shanghai to produce EVs and batteries, reflecting a strong commitment to local markets. A major

5 February 2025