Notable Events

Notable Events

November

Notable Events | November US Department of Energy announces $3.5B to strengthen domestic battery manufacturing.

VW partners with Magna Steyr to revive Scout EVs by 2026 in $492M deal.

Volvo Battery Solutions acquires Proterra Powered commercial vehicle business line for $210M.

Toyota admits it plans to make only 10k vehicles with solid-state batteries in 2030.

Lilium receives EU regulatory approval to design and operate its eVTOLs.

Matrix Renewables acquires 3,280 MWh BESS portfolio from Emeren.

Toyota announces recycling agreement to source cathode and anode copper foil from Redwood Materials.

Gotion InoBat JV signs MoU with Slovakia to build 20 GWh EV battery plant.

Nio cuts 10% of workforce amid fierce competition.

Polestar partners with SK On battery cell modules for its upcoming Polestar 5 EV. BYD announces first European EV plant in Hungary.

Week 1

Week 2

Week 3

Week 4

24M Technologies claims improvements in energy density with electrode-to-pack design.

Rivian announces $5B EV factory for next-gen R2 vehicles, creating 7,500 jobs in Georgia.

Stellantis and CATL sign MoU for production of LFP batteries in Europe.

Stellantis announces new $3.2B battery plant with 25% pay hike under UAW agreement.

Lucid releases a vehicle-to-vehicle charging feature called RangeXchange.

Northvolt announces 160 Wh/kg sodium-ion battery for energy storage.

LG and SK On lays off workers in Michigan due to sluggish demand for EVs.

Our Next Energy (ONE) cuts 25% of workforce. Tesla introduces congestion fee for Superchargers. EU announces $4.4B in grants for clean energy projects, including energy storage.

Extracted from the PDF; charts and images may read imperfectly.