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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

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ABB unveils new battery manufacturing methodology to fast-track speed to market for greenfield plants

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ABB recently unveiled its new Plant Optimization Methodology for battery manufacturing, presenting how greenfield battery sites can jumpstart global operations. However, battery manufacturers are struggling to keep pace while ensuring their production remains profitable, efficient, and safe—without sacrificing quality.

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Siemens to expand EV charging manufacturing in US to support rapid market growth

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Siemens will invest and expand the company’s US manufacturing operations to support electric vehicle infrastructure in America. The company will bolster its existing manufacturing footprint of EV infrastructure with the VersiCharge Level 2 AC series product line of commercial and residential EV chargers.

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Dürr expands market access in battery manufacturing technology with cooperation with Techno Smart

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Dürr is positioning itself in this growth market as a supplier of production technology and is expanding its market access to battery manufacturers through a cooperation with Techno Smart, a leading Japanese manufacturer of coating systems. Dürr is now bringing the coating specialist’s technology on board.

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onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market

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Additionally, onsemi’s end-to-end silicon carbide (SiC) manufacturing capability, combined with its ability to ramp production quickly, improves Magna’s vertical integration and simplifies its supply chain to meet the growing demand for its SiC-based products for EVs.

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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. Toyota is committed to achieving full carbon neutrality in Europe by 2040, and is targeting carbon neutrality in all its manufacturing facilties by 2030. market share.

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Volkswagen to introduce electrode dry-coating in battery manufacturing; partnering with Koening & Bauer

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Volkswagen’s PowerCo SE plans to introduce an electrode dry-coating manufacturing process in its battery cell production plants in Europe and Northern America. As a result, two of four process steps in electrode manufacturing become obsolete. The new processing technology is to exit development stage at the end of 2024.