Chinese electric vehicle (EV) company Nio is reportedly planning to set up a joint venture with Svolt Energy Technology to jointly develop large cylindrical batteries with the aim...

Sweden-based battery company Northvolt decided to move forward with a plan to construct a factory in Germany as long as government financial support is available. In addition, China-based...

Another China-based battery company has expanded to Hungary. Eve Energy recently bought land in Debrecen to build its first European plant, slated to begin operation in 2026. The...

Some China-based suppliers of energy storage systems and solutions reportedly have stopped taking new orders since late September due to serious shortages of batteries needed to power...

EVE Energy, one of China's leading battery manufacturers, announced that it will invest US$422.3 million in a project in Malaysia. The company plans to produce 21700-type cylindrical...

Cylindrical battery cells seem to gain traction in the EV segment as they offer higher energy density and can reduce costs. BMW recently announced the adoption of round cells in new...