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• April 2024: Statevolt has unveiled its ambitious plan to establish a state-of-the-art battery Gigafactory in Ras Al Khaimah, UAE, backed by a hefty investment of USD 3.2 billion. Dubbed Statevolt Emirates, the project will adopt a modular design strategy, allowing for rapid market entry and adaptability in production based on technological advancements. Initially, the Gigafactory will focus on producing semi-solid state battery cells, harnessing cutting-edge technology to boost safety and longevity. Subsequently, it will shift to manufacturing solid-state battery cells once it reaches full capacity. Set to span 60 hectares in the Al Ghail Industrial Zone of RAKEZ, the facility aims to kick off operations by the close of 2026.
• April 2024: The Moroccan government inked a USD 300 million deal with China's BTR New Material Group to establish a plant in Tangier, a port city, dedicated to manufacturing cathodes for electric vehicle (EV) batteries. As per Morocco's investment ministry, the plant is set to produce approximately 50,000 tonnes, with an initial output of 25,000 tonnes anticipated by September 2026.

• May 2024: China Southern Power Grid Energy Storage, the energy storage arm of China Southern Power Grid, has launched a 10 MWh sodium-ion battery storage station in Nanning, located in southwestern China. The company claims this facility marks China's inaugural large-scale sodium-ion battery project and serves as the initial phase of a broader 100 MWh global initiative. This 10 MWh station is equipped with 210 Ah sodium-ion battery cells, capable of reaching a 90% charge in just 12 minutes, totaling an impressive 22,000 cells in the system.
• May 2024: Gotion High-Tech Co Ltd, a prominent Chinese manufacturer of electric vehicle batteries, introduced its all-solid-state battery, named Gemstone, and aims to commence small-scale production by 2027. Boasting an energy density of 350 Wh/kg, Gotion asserts that Gemstone outperforms conventional ternary lithium batteries by 40%, potentially allowing electric vehicles to reach a lifetime mileage of 1 million kilometers.

• April 2024: Sensata Technologies has inaugurated its bespoke headquarters in Copenhagen, Denmark. This facility emphasizes research and development in rechargeable battery management systems, aiming to boost battery lifecycle, safety, and performance across sectors like automotive, industrial, energy storage, and heavy vehicles.
• March 2024: In partnership with the Alight project, Copenhagen Airport has become one of the pioneering airports in Europe to install a rechargeable battery for green power storage. The 900 kW/1,200 kWh battery system, supplied by Xolta, is strategically positioned in Maglebylille, south of the terminals, adjacent to the airport's workshops and garage facilities.

• January 2024: Northvolt, a Swedish manufacturer of lithium-ion batteries, secured EU approval for a significant state aid package from Germany, amounting to EUR 902 million (USD 986.43 million). This funding will facilitate the establishment of an electric vehicle (EV) battery production facility in Heide, Germany. This endorsement not only bolsters Germany's efforts but also aligns with the broader EU ambition of reaching net-zero targets.
• July 2023: Fortum Battery Recycling has unveiled plans to set up a production facility in Artern, Germany, dedicated to secondary battery materials for rechargeable batteries. This black mass facility will mark Fortum Battery Recycling's second hub in Central Europe.

• October 2023: Japan has harnessed a chemical commonly used in cosmetics to develop next-generation rechargeable batteries. Titanium oxide, a key ingredient in sunscreen, soaps, and cosmetics, emerges as a promising solution to challenges faced in the production of advanced batteries, including solid-state and sodium-ion variants.
• June 2023: Researchers in Japan have developed a rechargeable all-solid-state air battery. This innovative battery utilizes a proton-conductive polymer electrolyte paired with a redox-active organic negative electrode. Impressively, these batteries operate near their theoretical maximum capacity.

• May 2024: BMW has commenced construction of its High Voltage Battery Production Center at the San Luis Potosí plant in Mexico. The German automaker has committed a substantial investment of EUR 800 million (exceeding USD 870 million) to this venture, dedicating EUR 500 million (approximately USD 544 million) solely for the center's construction. Spanning 85,000 square meters, this facility plays a pivotal role in the evolution of the Bajío industrial corridor, nestled within the Logistik II industrial park in Villa de Reyes. Furthermore, as part of this expansive investment, BMW is broadening its footprint, thanks to a generous 20-hectare land donation from the Potosí state government, situated right next to its existing property. BMW envisions rolling out electric cars powered by lithium batteries from this center by early 2027, targeting an ambitious production capacity of 175,000 vehicles.
• June 2024: Enel Chile, the local arm of the Italian energy giant Enel, revealed plans to install a 67 MW/134 MWh battery at its El Manzano solar power facility. Situated in Tiltil, a town in the Chacabuco Province of the Santiago Metropolitan Region, the solar project boasts a capacity of 99 MW. Spread across 185 hectares, the solar plant is equipped with 162,000 bifacial monocrystalline panels, each rated at 615 watts and 610 watts.

• April 2024: Statevolt is set to invest a hefty USD 3.2 billion in a state-of-the-art battery Gigafactory in Ras Al Khaimah, UAE. Dubbed Statevolt Emirates, the project will adopt a modular design, allowing for rapid market entry and the flexibility to diversify production based on technological advancements. Initially, the Gigafactory will focus on producing semi-solid state battery cells, utilizing cutting-edge technology to boost safety and longevity. Eventually, it will shift to producing solid-state battery cells at full capacity. Spanning 60 hectares in the Al Ghail Industrial Zone of RAKEZ, the facility aims to kick off operations by the close of 2026.
• February 2024: StarSun Sohar, based in India, has inked a land lease agreement to establish a lead battery recycling facility in Oman’s Sohar Freezone. With an investment of USD 3 million, StarSun aims to recycle approximately 1,000 tonnes of batteries monthly from the domestic market, utilizing a 7,000 m2 site. Furthermore, the company plans to export lead ingots, lead oxide, and red lead oxide to markets such as India, China, South Korea, various European nations, and intends to trade its products on the London Metal Exchange.

• February 2024: Construction has commenced on a new STIHL plant in Oradea, Romania, set to include a state-of-the-art rechargeable battery production facility. Spanning nearly 47,000 square meters on a 147,000-square-meter site, the facility anticipates regular production to kick off in September 2025. By 2028, the ANDREAS STIHL POWER TOOLS SRL plant in Oradea aims to employ approximately 700 individuals.
• June 2023: Belgian firm Avesta Battery & Energy Engineering (ABEE) unveiled its ambitious plan to establish a rechargeable battery plant in Galati, Romania, with an investment of USD 1.53 billion. This venture is set to generate approximately 8,000 jobs. The lithium-ion facility, boasting a production capacity of 22 GWh, will primarily cater to the automotive sector, eyeing partnerships with Renault's Dacia and Ford, while also producing batteries for the energy storage market.

• May 2024: Webasto's Dangjin Battery Campus, leveraging state-of-the-art technology, revealed its intention to boost production capacity by 100,000 rechargeable battery packs annually at its South Korean facility. This expansion, set to be completed by 2025, will elevate the facility's total output to 300,000 battery packs each year.
• April 2024: Researchers at the Korea Advanced Institute of Science and Technology (KAIST) in South Korea have achieved a major milestone in battery technology, unveiling a sodium battery that can charge in mere seconds. These sodium-ion batteries present a promising alternative to traditional lithium-ion batteries, catering to the increasing demand for affordable energy storage across diverse sectors, from mobile devices and electric vehicles to expansive grid systems.

• April 2024: Amita Technology, the first lithium-ion battery gigafactory in Thailand and the ASEAN region, has committed to bolstering the nation's electric vehicle (EV) ecosystem. This commitment involves overseeing the entire battery manufacturing process, from upstream to downstream. Energy Absolute, the parent company of Amita Technology, emphasizes that this move aligns with the government's strategy to fortify the EV industry and position Thailand as a pivotal global EV hub. While the company faced challenges in smelting certain minerals for raw materials, it successfully devised a method to produce cells, the fundamental components of lithium-ion batteries. Presently, the factory boasts a production capacity of 1 gigawatt per hour, primarily supplying batteries to local electric bus manufacturers. However, with an eye on the future, the factory plans to ramp up production to 4 gigawatts per hour by the close of 2025, contingent on market demand and potential further expansions.
• March 2024: SVOLT Energy, a Chinese battery manufacturer, has commenced mass production of electric vehicle (EV) battery packs at its newly established facility in Si Racha, Chonburi province, Thailand. The plant boasts an annual production capacity of approximately 60,000 modules and packs. Battery packs produced at this Thai facility are set to power a range of new energy vehicles (NEVs) from Hozon New Energy Automobile (the parent company of Neta Auto) and Great Wall Motor's brands, including Ora, Tank, and Haval, all of which are assembled locally. The facility is equipped with two production lines: one dedicated to producing battery modules and the other for assembling these modules into battery packs. Reports indicate that the battery modules produced on-site utilize the company's 'L600' series cells, featuring Lithium Iron-Phosphate (LFP) chemistry, which are currently imported from China.