The global battery market is experiencing unprecedented growth, with projections showing the sector will reach $400bn by 2030. Yet European entrepreneurs often feel locked out, watching Chinese giants like CATL dominate headlines with record-breaking IPOs while homegrown champions like Northvolt file for bankruptcy, exposing the harsh realities of competing against established Asian supply chains. Still,  Europe will never be entirely independent in green energy and will want to cooperate with...

Scania is strengthening its electrification portfolio with the launch of Scania Industrial Batteries, headquartered in Sweden. The new organisation is dedicated to off-road and industrial applications such as mining, construction and material handling. WEBWIRE – Tuesday, September 23, 2025 This launch follows Scanias acquisition and carve-out of Northvolt Systems Industrial Division in April 2025, positioning Scania Industrial Batteries to deliver a fully integrated solution now available to c...

SEOUL: The chief executive of a South Korean lithium battery maker where 23 workers were killed in a fire last year was sentenced to 15 years in prison on Tuesday (Sep 23) in the toughest ruling over an industrial accident in the country. Park Soon-kwan, the CEO of the battery maker Aricell, had been charged under the country’s industrial safety law, which subjects senior executives to prison terms of more than one year when found guilty in the event of fatal accidents. Park’s son, w...

Former Honor vice chairman Wan Biao has joined Envision AESC as global CEO. He will also serve as executive director and CTO of parent company Envision Group, according to an internal letter circulated on September 22 and reported by 36Kr. “It is a great honor to join Envision AESC as CEO,” Wan said in the letter. “I look forward to working with the global team to seize the new wave of growth in the renewable energy industry, continue to deliver safe, high-performance solutions to customer...

Li Auto and Sunwoda’s battery arm SEVB will set up a joint venture (JV) with equal capital contributions. The company has already been registered with the Shanghai Administration for Market Regulation and, according to public records, will focus on producing and selling lithium-ion batteries for electric vehicles. 36Kr has learned that the entity, legally registered in Shandong, will be used to manufacture Li Auto’s self-developed batteries, which could be installed in vehicles as early as n...

Jones Bros Civil Engineering UK undertaking work at the Thorpe Marsh battery energy storage system in Doncaster Jones Bros Civil Engineering UK will undertake civil works at Fidra Energy’s multi-million-pound Thorpe Marsh site in Doncaster. Thorpe Marsh is three times the size of any other battery energy storage system (BESS) project currently in operation or under construction in the UK. It will be capable of exporting more than two million MWh a year, enough to supply around 785,000 homes. A...

Contemporary Amperex Technology Co. Ltd. (CATL) has established Nanchang Contemporary Amperex Energy Service Technology Co., Ltd. with a registered capital of RMB 10 million, according to corporate records. The unit’s business scope includes EV sales, charging infrastructure operations, battery swap facility sales, and intelligent control system integration. The new company is wholly owned through Contemporary Amperex Energy Service Technology Ltd., a fully owned CATL subsidiary, making it an...