Latest news with #EVBattery
Yahoo
3 days ago
- Automotive
- Yahoo
MarketsandMarkets' 360Quadrants Recognizes Top Startups and SMEs in the EV Battery Quadrant Report 2025
DELRAY BEACH, Fla., June 9, 2025 /PRNewswire/ -- 360Quadrants has released its latest EV Battery Startups/SMEs Companies Assessment, 2025, recognizing key players, including both global giants and emerging innovators, for their excellence in market presence, product innovation, and business strategy. The report highlights that Automotive Cells Company, Ultium Cells, Morrow Batteries, and Sila Nanotechnologies Inc., among the top companies, are actively shaping the future of the EV Battery Startups/SMEs Companies Assessment. The evaluation leverages 360Quadrants' proprietary methodology to map competitive positioning across 7,000+ micro markets within 10+ industries, enabling decision-makers to make strategic, data-backed vendor choices. Company Highlights in the EV Battery Startups/SMEs Companies Assessment: Automotive Cells Company (ACC) is a fast-growing startup in the electric vehicle (EV) battery industry, founded in 2020 as a joint venture between Stellantis, Mercedes-Benz, and Saft, a subsidiary of TotalEnergies. The venture combines Saft's deep expertise in battery technology with the automotive strength of its partners to drive innovation in energy storage solutions. In May 2023, ACC inaugurated its first gigafactory in Billy-Berclau/Douvrin, France—an impressive milestone achieved just two and a half years after its inception. The facility is currently in the process of scaling up production, marking a significant step forward in Europe's push for EV battery independence. Ultium Cells, a joint venture between General Motors and LG Energy Solution, is a key player in the electric vehicle (EV) battery sector. It manufactures advanced lithium-ion battery cells for GM's Lithium-Based EV lineup, including Cadillac, Chevrolet, GMC, and Buick models. Designed for versatility, these batteries are also being developed to support future applications in sectors such as aerospace and heavy-duty trucking. Morrow Batteries ASA is a battery technology company dedicated to delivering cost-efficient and sustainable lithium-ion batteries for electric vehicles, energy storage systems, commercial transportation, and the maritime sector. Its product lineup features prismatic LFP and NMC battery cells, engineered for safety, long lifespan, and high energy density. To explore the full quadrant report and see how companies are positioned in the EV Battery Startups/SMEs Companies Assessment, 2025, Visit: Evaluation Criteria The vendor evaluation was conducted on over 30 companies, of which the top 7 were categorized and recognized as quadrant leaders. Factors such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the EV Battery Startups/Small-Medium Businesses Companies Assessment quadrant. The top criteria for product footprint evaluation included Battery Type (Lithium-ion, Nickel-metal hydride, Solid-state and Other Material Type (Cobalt, lithium, natural graphite, manganese, manganese, manganese, manganese, iron, phosphate, nickel, and other material types like aluminum), and Battery Form (Prismatic, pouch, and cylindrical cells), Propulsion (BEV, PHEV, FCEV, and HEV) and Vehicle Type(passenger car, van/light truck, medium & heavy truck, bus, and off-highway vehicle). 360 Quadrants Scoring Methodology 360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Progressive companies, Responsive companies, Dynamic companies, and Starting blocks. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives. Download Free Sample @ About 360Quadrants 360Quadrants, a specialized division of MarketsandMarkets™, delivers comprehensive quadrant analyses for various emerging technologies and markets, including start-ups. Our evaluation methodology hinges on two critical parameters: market presence and product footprint. This approach facilitates a graphical representation of competitive positioning across four key categories: leaders, contenders, innovators, and emerging companies. In addition, we meticulously classify start-ups into progressive companies, responsive companies, dynamic companies, and starting blocks. Our expertise equips organizations with insights into market leaders across over 6000 micro markets, enabling a detailed comparison of vendor capabilities and performance. At 360Quadrants, we ensure that each quadrant adheres to the highest standards, empowering our clients to navigate complex market dynamics precisely and confidently. 360Quadrants has also launched quadrants in fields such as – Autonomous Forklift Startups/SMEs Companies Assessment, 2025, and Farm Equipment Startups/SMEs Companies Assessment, 2025 About MarketsandMarkets MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Ms. Sipti Banga,630 Dundee Road, Suite 430Northbrook, IL 60062USA: +1-888-600-6441Email: Logo: View original content: SOURCE MarketsandMarkets Sign in to access your portfolio
The Hindu
08-05-2025
- Automotive
- The Hindu
Mobis India unveils EV battery assembly plant at Sriperumbudur
Mobis India Limited, an affiliate of Hyundai Motor India Limited (HMIL) and a part of global automotive component supplier, inaugurated its EV Battery System Assembly (BSA) Plant at Sriperumbudur. Spanning across 8.15 acres, the plant is located adjacent to HMIL's car manufacturing facility. The plant has an initial installed capacity of 36,000 units per annum, which is designed to meet the growing demand for electric mobility, and is scalable to a capacity of 75,000 units. The facility will create 255 direct and indirect employment opportunities, according to the company. High-performance battery systems will be assembled at the facility for electric vehicles manufactured in India. Hyundai Creta Electric would be the first EV to be equipped with battery packs assembled at this plant and Mobis India Limited is looking to support Hyundai's strong push toward localised EV production. Currently, the plant produces NMC (Nickel-Manganese-Cobalt) battery packs, and it will be able to support LFP (Lithium-Iron-Phosphate) battery production soon. T R B Rajaa, Minister for Industries, Investment Promotion & Commerce, Government of Tamil Nadu, inaugurated the facility. Park Ki Chul, Managing Director, Mobis India Limited, said, 'This new EV Battery System Assembly plant represents a strategic leap forward in our efforts to support India's transition to clean and sustainable mobility.'
Yahoo
21-02-2025
- Business
- Yahoo
New fire station preps for EV Battery Plant, modernizing public safety
KANSAS CITY, Mo. — The new fire station rising up out of the ground about a mile from Panasonic's EV Battery plant in De Soto is part of the hundreds of millions of dollars getting invested in northwest Johnson County before the plant starts production. The more than five million square foot battery plant dwarves the roughly 20,000 square foot fire station, but the smaller structure is going to be specially outfitted and house specially-trained firefighters to keep the growing industrial investments safe. 'That's a larger footprint that's going to accommodate a larger firetruck, that's an aerial firetruck platform that's going to be able to reach building heights of 100 feet,' said Northwest Consolidated Fire District Chief Todd Maxton while pointing to renderings of the new building. Kansas City IRS layoffs begin with about 1,000 workers affected Chief Maxton says its giving his firefighters an important tool to protect Johnson County's growing population and massive industrial investment in their roughly 70 square miles. 'We still have to answer all of the 911 calls, and if someone calls with an emergency, we still have to be there, whether it's citizen or a property owner or a new mega warehouse,' said Maxton. is expected near Panasonic's $4 billion EV Battery plant in the coming years while suppliers and other businesses move close to the Astra Enterprise Park. Just down the road, the Flint Commerce Center offers even more space that is expected to be related to the operations at the Panasonic facility. It means that Maxton's firefighters are training up to be ready for manufacturing and production emergencies in general and lithium-ion challenges specifically. 'We're getting our firefighters trained,' said Maxton. 'We have access to one of the country's subject matter experts on lithium-ion batteries, we can bounce things off of that group,' said Maxton. The nearly $20 million price tag for the fire station and its new fire truck is covered mostly by Panasonic as part of its . That same deal has Panasonic covering the operating costs for the 20 years that the TIF is in place. Various other infrastructure projects have also been paid for by Panasonic as part of that deal. New parking garage at 18th & Vine to provide nearly 500 space 'A project like Panasonic, at that scope, allowed some very big projects to happen all at once,' said De Soto Mayor Rick Walker. Walker says there was always the desire to develop De Soto south of K-10 but this kind of investment lets decades of work be completed in a fraction of the time. 'All these elements will be ready when the demand is there, when the need is there and we're able to serve this new economic opportunity that's coming to us,' said Walker. The new fire station will replace an existing facility that's roughly 80 years old and is designed with the most recent best practices. It's expected to be operational by the end of 2025, a few months after Panasonic is expected to start producing electric vehicle batteries. Maxton says his existing staff and equipment will be able to cover it until then. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
