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Volvo Construction Equipment Invests in Battery Pack Production at Excavator Plant

Volvo Construction Equipment (Volvo CE) has announced an investment into battery pack production at its excavator plant in Changwon, South Korea, signalling once again its ambition to drive industry transformation with sustainable solutions....


Manitou Acquires Majority Stake in easyLi

Manitou Group, a world reference in the handling, aerial work platform and earth moving sectors, has announced the acquisition of an 82 percent stake in easyLi, a specialist in the design and production of lithium-ion batteries....


Clarksville, Tenn., Tabbed as Home for New $3.2B EV Battery Factory

LG Chem, a South Korea-based chemical company, said recently that it plans to build a $3.2 billion electric vehicle (EV) battery manufacturing plant in Clarksville, Tenn. The facility will be the largest of its kind in the United States and the biggest foreign investment in Tennessee's history....


Caterpillar Unveils Prototype Batteries for Off-Highway Equipment

As part of the company's enterprise strategy to support customers during the energy transition to a lower-carbon future, Caterpillar announced the development of 48-volt, 300-volt, and 600-volt batteries for the off-highway industry....


Kreisel Electric to Expand Battery Production Capacities to More Than 2 GWh

Deere & Company announced its next steps in meeting the growing demand for batteries as a sole- or hybrid-propulsion system. In addition to the production facility in Austria, John Deere is making an immediate investment in two additional locations to increase the production capacity expansion of Kreisel Electric — the battery technology pioneer in which John Deere recently acquired majority ownership....


John Deere to Acquire Majority Ownership in Kreisel Electric

Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric Inc. , a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs....







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