Author: Pooja Mahabadi
VinES, a developer of batteries and cell packs and a member company of Vingroup, the largest private corporation in Vietnam, and Li-Cycle announce a global strategic alliance. VinES Energy Solutions (“VinES”), a Vingroup company that specializes in the research, development, and manufacturing of advanced batteries for mobility and energy storage applications, and Li-Cycle Holdings Corp., an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, are pleased to announce the launch of a global recycling partnership. Under the new partnership, the companies are exploring global recycling solutions for VinES and VinFast, a global…
The new proposed factory in Blyth in Northumberland attracted several investors despite the company’s lack of expertise. A UK battery start-up Britishvolt might be running out of funds. A start-up that had gained momentum in its early days as it was the same time when the then Prime Minister Boris Johnson was on the chase of finding big projects to provide the population with employment. Unfortunately, just after this amazing investment in gaining million 100 pounds, now the company sees itself in a conundrum as they enter administration. It lost its 3.8 billion pound deal, which was supposed to be…
Globally renowned battery manufacturer, CATL and the Vietnamese EV Automaker Vinfast announced the signing of the MOA to expand their existing supply agreement. The businesses will investigate CIIC (CATL integrated intelligent chassis) skateboard platforms for EVs and “other areas” related to EV and battery technologies with this new “strategic partnership.” The founder Dr. Robin Zeng, the Chairman of CATL, and Mr. Pham Nhat Vuong, Chairman of Vingroup and Vinfast. In the agreement, CATL and Vinfast intended to look into several forms of the CIIC skateboard chassis, specifically, the two companies decided onto promoting battery innovation and e-mobility transition, which will…
UK electric van start-up Arrival has declared that it will reduce its workforce in Bicester and Oxfordshire in the UK to the US. “The result of these proposals is expected to have a sizable impact on the company’s global workforce, predominantly in the UK,” says the company in a statement. This episode will lead to a significant number of job cuts in the UK branch’s Arrival office. This will be the second round of job elimination since the company has at least eliminated 800 job roles globally throughout the summer to focus on its production of electric vans. Shifting its…