The manufacturing facility in Piracicaba, Sao Paulo, is set to open in Q1, 2023. Ultra-high energy (UHE) battery packs (AKASystem AKM CYC) are to be built for supplying the markets in South America.

Quentel will lead all financial operations, bringing over 20 years of international financial experience. Most recently, he was Group Chief Financial Officer and Deputy CEO of Claranova SE, a technology company.

This follows an initial agreement of purchase/sale signed on December 17, 2018, for 80.1 per cent of the equity to be procured by Hitachi.

To meet growing demand, BMZ has expanded its production capacity in Karlstein am Main, Germany, with investment in increased production line automation.

Hyliko claims that the Forsee Power's PULSE 2.5 modules have a better usage performance compared with rival battery systems.

Impact will manufacture complete battery systems based on a design specified by pepper motion for its electric buses and trucks.

Modine says it worked together with New Flyer to ensure compatibility between the NMC batteries in the 'Xcelsior Charge NG' bus and Modine's ‘EVantage Battery Thermal Management System’.

CATL will work together with Phoenix Motor to integrate its "E-rolling" battery technology with Phoenix Motor’s light truck and bus lines.

The regulations which have been proposed - comprising packaging and recycling requirements - would cover the entire life cycle of the battery.

According to the agreement, AMTE Power can request that UKBIC manufacture up to 60,000 ‘Ultra High Power’ cells per year at its Coventry facility over an initial period of two years.

The company opened its first sales branch in Dubai, the UAE, expanding its global sales network by specifically bringing its full product range to the middle eastern markets.

Mining and refining company Altilium Metals is committed to opening the country’s largest EV battery recycling facility by 2025, following a Government Innovation award for over GBP3m.