Global EV Charging Infrastructure Needs To Grow More Than 500% By 2030

Global EV Charging Infrastructure Needs To Grow More Than 500% By 2030

Key markets in the electric vehicle (EV) transition are falling behind in their stated goals for public charging infrastructure, according to latest figures on World EV Day™. Public EV charge point installation is more than six times behind the levels required by 2030 to fulfil rising demand and regulatory restrictions. The US now has only 15 percent of the required public charging points, the UK has 22 percent, and mainland Europe has 18 percent. This gap in EV charging outlets creates a significant opportunity for fuel retailers. And this is when Konect comes into play.

Konect, Gilbarco Veeder-Root’s end-to-end emobility ecosystem business, believes that existing fuel retailers are in a prime position to plug the gap due to their optimum mix of location and amenities. Konect offers comprehensive assistance, including advice, installation, maintenance and customer care, resulting in a flexible, streamlined solution that allows customers to future-proof their facilities. The company supports and maintains all aspects of the EV charging process, including site selection and funding alternatives, as well as market-leading hardware and software solutions and integration with on-site energy storage.

Based on a central cloud-based platform, Konect’s charging network connects multiple on-site facilities, enabling operators to achieve maximum operational efficiency, enhance profitability and facilitate a smooth transition to electric mobility. Konect utilises a unique dispenser design that delivers a seamless charging experience for businesses and end-users. An adaptable 17-foot charging cable provides freedom and flexibility in use and a high-brightness LCD touchscreen features a fully customisable, intuitive user interface.

However, based on its survey of multiple charge point operators, it also believes that there are certain key blockers, such as the challenge of recording charge-point downtime at the sites and identifying support from service partners, that needs to be addressed first. 

Om Shankar, Vice President & General Manager, Konect, said: “At current installation rates, key global EV markets won’t meet the public charging infrastructure needed to meet growing EV demand. We know that most EV drivers currently plug in at home, but there’s a second cohort of buyers, beyond the early adopters, that don’t have the same facilities. As EV technology improves, costs go down and range goes up – more people will make the switch. We must match this progress with the right amount of readily available public charging. We need some logical thinking on the placement of new charge points – ideally, locations that are already familiar and convenient for car drivers. That’s the golden opportunity for the existing fuel retail network. We know that providing an easy and reliable public charging experience is critical to the electric vehicle transition. Konect has the technology and expertise to support fuel retailers and CPOs through the electrification transition by delivering reliable, user-friendly infrastructure for drivers, while boosting ROI and enhancing time to value.”

Ola Electric Begins Mass Deliveries Of 4680 Bharat Cell Powered Vehicles

Ola Electric - 4680 Bharat Cell

Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.

With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.

The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).

The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.

“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.

Trinseo Launches Fourth-Generation Binder For The Next Wave Of EV Batteries

Trinseo Launches Fourth-Generation Binder For The Next Wave Of EV Batteries

Trinseo has introduced its latest innovation, the Fourth-Generation SBR Binder Platform, designed to meet the evolving demands of electric vehicles and battery energy storage systems. This development reflects the company's strategic focus on delivering high-performance materials essential for the global shift towards sustainable energy.

The platform results from advanced polymer science and collaboration with battery manufacturers, targeting key industry requirements such as increased energy density, superior durability and more efficient production. It provides a significant improvement in peel strength, enabling stronger electrode bonds, thicker coatings and higher manufacturing speeds. These attributes are vital for developing higher-capacity batteries that can extend driving range and improve storage solutions.

The inaugural product, VOLTABOND 109 Latex Binder, offers this next-generation performance with broad compatibility across various anode materials and manufacturing processes. Its design ensures excellent stability and low resistance, supporting faster charging and long-term reliability. To ensure robust supply, Trinseo will produce the platform locally within major global regions, enhancing responsiveness to battery production hubs.

Rooted in decades of expertise, this new platform establishes a foundation for future innovations tailored to diverse customer needs across the battery value chain.

CATL And Stellantis Begin Work On EUR 4.1 Billion Spanish Battery Plant

CATL

CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.

The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.

According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.

Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.

David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”

The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.

CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

Neuron Energy Secures INR 310 Million To Expand EV Battery Manufacturing For Four-Wheelers & Buses

Neuron Energy

Neuron Energy, an EV battery manufacturer, has raised INR 310 million in a Pre-Series B funding round led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office and Chona Family Office, with participation from Family Offices and HNI investors. With this, Neuron Energy has raised INR 810 million to date.

The funding will be used to expand Neuron Energy’s manufacturing capacity to 3 GWh and to establish a fully automated, large-scale battery facility for electric four-wheelers and buses at Chakan, Pune. The capital will also strengthen the company’s R&D capabilities, accelerate domestic growth, and broaden its footprint in international markets.

Pratik Kamdar, CEO and Co-Founder, Neuron Energy, said, “This Pre-Series B round is a defining step in our mission to industrialise world-class battery manufacturing in India. As EV adoption accelerates, we are focused on building capacity, embedding automation, and pushing the boundaries of performance and reliability. This investment ensures we can deliver at scale, both in India and globally.”

The company said it operates with a low-CapEx and low-OpEx business model. It has been growing profitably year-on-year and is on track to achieve INR 2 billion in revenue this year. The company is also confident of achieving sales of over INR 9 billion, with profitability, over the next few years.

Rajesh Sehgal of Equanimity Ventures, added, "We see immense potential in Neuron Energy’s approach to EV battery innovation and scalability. Their focus on quality, automation, and energy efficiency aligns with the evolving demands of the EV industry in India and beyond. We are proud to support their next phase of growth as they scale into new vehicle categories and manufacturing capacities."

The new facility reinforces the company’s position in two-wheeler EV batteries and signals a strategic entry into heavier vehicle segments. This supports Neuron’s vision to become a comprehensive EV battery solutions provider.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said, "Neuron Energy demonstrates remarkable potential to become the market leader, with their renewed focus, in delivering top-quality products. The company and its founders are highly committed to delivering rigorously tested and safe-to-use Li-Ion smart batteries. We are confident that they will continue to thrive and set new standards in the industry."