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Volume III Edition Daily

Battery Tech

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SK On Teams With Factorial to Scale Solid-State EV Battery Production — Battery Tech No Image Battery Tech

1,323 words 7 min read

SK On Teams With Factorial to Scale Solid-State EV Battery Production

South Korea's SK On and US-based Factorial Energy signed a memorandum of understanding on July 29 to find out whether solid-state batteries can be built on assembly lines that already make lithium-ion cells. The two companies will spend…

CATL Posts Record $6.4B Half-Year Profit as Energy Storage Revenue Jumps 88% — Battery Tech No Image Battery Tech

1,112 words 6 min read

CATL Posts Record $6.4B Half-Year Profit as Energy Storage Revenue Jumps 88%

China's battery maker CATL reported a better-than-expected first-half net profit of 43.28 billion yuan ($6.38 billion), up 42% from a year earlier, as its energy storage business nearly doubled in revenue and electric-vehicle battery…