- Mitra Chem
- Russel Schwartz
- Sun Chemical
- LFP
- Vivas Kumar
- U.S. Department of Energy
- Michigan's Competitiveness Fund
Mitra Chem Selected To Get Upto $125 Million In Funding From US Government
- By MT Bureau
- September 23, 2024
Mitra Chem, an EV battery maker focussing on lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) chemistry, has been selected by the U.S. Department of Energy's (DOE) Office of Manufacturing and Energy Supply Chains and the state of Michigan's Competitiveness Fund for up to $125 million (INR 10 billion) in awards.
The substantial funding, with additional funding anticipated from the state of Michigan, will support Mitra Chem to establish a cutting-edge battery material manufacturing facility in Muskegon, Michigan.
The site is claimed to be the first mass production facility for lithium iron phosphate cathodes in North America. Mitra Chem is launching the American Production of Lithium Iron Phosphate and Future Innovation (AmPLIFI) project as a linchpin to building a robust domestic electric vehicle battery supply chain that is cleaner, safer, faster, more affordable, and independent of China. The grant, aligned with the goals of the Inflation Reduction Act, marks a significant step towards establishing the United States as a global leader in battery manufacturing for EVs, energy storage systems (ESS), and defence applications.
Mitra Chem will partner with Sun Chemical, which brings 100 years of advanced particle engineering, expertise in manufacturing and production efficiency, existing regulatory permitting, and extensive U.S. manufacturing infrastructure.
Vivas Kumar, CEO, Mitra Chem said, "This award selection represents a pivotal moment for the entire U.S. battery industry. By bringing advanced battery production to American soil we're securing our energy future and positioning the U.S. at the forefront of the global electric vehicle revolution. The support from the DOE and Michigan, and our collaboration with Sun Chemical, will accelerate Mitra's mission to revolutionise next generation battery production."
The Michigan-based facility will focus on developing and manufacturing next-generation materials for electric vehicles and battery storage. Mitra Chem will apply its acceleration platform that leverages machine learning and automation to unlock high throughput development and materials testing at 10x the speed of current industry practices. This project is expected to create hundreds of high-skilled jobs in the region while significantly advancing the domestic clean energy sector.
Russell Schwartz, CTO, Sun Chemical said, "The partnership between Mitra Chem and Sun Chemical brings together expertise in advanced materials and large-scale chemical manufacturing. By combining Mitra Chem's cutting-edge battery technology with a century of manufacturing experience, we're setting a new standard for innovation in cathode active materials for electrical storage. This project will demonstrate the power of American ingenuity and industrial might."
The company claims that till date 100 percent of battery grade iron phosphate (FP) and Lithium Iron Phosphate (LFP) is produced outside of the United States, with 99 percent coming from China. By localising material production, the initiative aims to reduce US dependence on fragile global supply chains, alleviating an over reliance on global competitors.
By 2027, Mitra Chem aims to nearly double the U.S.'s LFP production capacity (15,000 tonnes of new LFP per year), with plans to double production again (30,000 tonnes per year) after that. As the facility scales up, it has the potential to supply batteries for millions of electric vehicles annually, marking a significant leap forward in America's clean energy capabilities.
- Mitsubishi Motors Corporation
- Electric Vehicle Incentive Strategy
- EVIS
- Philippine
- Marco
- Takao Kato
- Mitsubishi Motors Philippines Corporation
- MMPC
Mitsubishi Motors To Produce Hybrid Vehicles In The Philippines Under EVIS Programme
- By MT Bureau
- April 07, 2026
Japanese automotive company Mitsubishi Motors Corporation has announced its intention to participate in the Philippine government’s Electric Vehicle Incentive Strategy (EVIS). The plan was discussed during a meeting between President Marcos and Takao Kato, Chief Executive Officer of Mitsubishi Motors.
Subject to application approval, Mitsubishi Motors Philippines Corporation (MMPC) intends to commence production of a new hybrid electric vehicle (HEV) model at its facility in Santa Rosa City, Laguna, with production scheduled to begin in mid-2028.
To facilitate this transition, MMPC will undertake additional investments to upgrade its manufacturing facilities for electrification. The company expects these initiatives to expand the local supply chain and create employment opportunities within the Laguna region.
Takao Kato, CEO, Mitsubishi Motors, said, “The Philippines has long been one of our most important markets, where we have engaged in production and sales for many years. In cooperation with the Philippine government, we are honoured to contribute to the advancement of vehicle electrification and industrial development through the EVIS program, as well as to support the further growth of the Philippine economy.”
Tesla Adds Its First Charging Station In Navi Mumbai
- By MT Bureau
- April 06, 2026
Tesla has announced the commissioning of its first in-mall charging location at Nexus Seawoods in Navi Mumbai. This site provides eight chargers, expanding the company’s charging infrastructure to locations where customers spend time, such as retail destinations and highway rest stops.
The new station, located in the B1 parking area of the mall, features a combination of direct current (DC) and alternating current (AC) charging options:
V4 Superchargers: Four units providing peak charging speeds of 250 kW. A Model Y can add up to 275 km of range in 15 minutes using this technology.
Destination Chargers: Four units providing 11 kW for standard AC charging.
The charging process is integrated with the Tesla app, which allows owners to navigate to stations, precondition vehicle batteries, monitor stall availability, and complete payments. The company reports a claimed global charging uptime of 99.95 percent.
With the addition of the Navi Mumbai site, Tesla now operates five charging locations across India, totalling 20 Superchargers and 14 Destination Chargers.
Kia Wins ‘Best Manufacturer’ Title At Top Gear EV Awards 2026
- By MT Bureau
- April 02, 2026
Kia has been crowned ‘Best Manufacturer’ at the TopGear.com EV Awards 2026, a significant honour in UK’s electric vehicle calendar. These annual awards, now in their seventh year, celebrate the top-performing EVs on the British market while recognising the manufacturers that truly drive the industry forward. This latest accolade follows closely on the heels of another triumph for the brand at the BBC TopGear.com awards, where the PV5 Passenger was named ‘Family Car of the Year’.
Kia’s electric journey began in 2014 with the first-generation Soul EV, ending its first full year of EV sales with just 149 registrations. By the close of 2025, however, that figure had surged to over 94,500 fully electric vehicles sold in UK, supported by a diverse lineup including the EV3, EV4, EV5, EV6, EV9 and PV5. Looking ahead, the EV2 represents the next phase of the brand’s ‘Plan S’ strategy, which started with the EV6 in 2021. Designed and manufactured in Europe exclusively for that market, this compact and affordable model packs premium, segment-above technology into a bold, boxy body.
First examples of the Kia EV2 are due to arrive later in 2026, joined by high-performance GT versions of the EV3, EV4 and EV5. These launches underscore Kia’s continued commitment to expanding its electric footprint with accessible yet advanced vehicles.
Ollie Kew, Deputy Editor, TopGear.com, said, "Whether you’re in an EV3 or the enormous EV9, the sleek EV6 or the boxy PV5, there’s a familiar sortedness running through the e-Kias like the proverbial stick of rock. Reliable range, unfussy performance, pleasing comfort... and the confidence to bookend its EV ranks with an entry-level EV2 alongside a GBP 83,000, 500-bhp super SUV in the shape of the EV9 GT.”
Paul Philpott, President and CEO, Kia UK, said, “We’re honoured to have been named Top Gear’s Best Manufacturer for 2026. This recognition follows a busy year for the Kia brand, with the launch of eight new products in 2025, including EV4, EV5 and PV5. This recognition reflects the strength and breadth of our electric lineup, and our commitment to delivering innovative, desirable and accessible EVs for our customers.”
VinFast VF MPV 7 Bookings Open Ahead Of 15 April Launch
- By MT Bureau
- April 02, 2026
VinFast has opened bookings for its new VF MPV 7, a premium 7-seater electric MPV tailored for Indian customers. This third model from the company in India offers a spacious interior, smart technology and strong practicality to meet daily mobility needs. With an outstanding value proposition, the vehicle reinforces VinFast’s long term commitment to building a complete green mobility ecosystem across the country, delivering modern and sustainable transport solutions for Indian households.
Starting 2 April 2026, customers can reserve the VF MPV 7 through the official website or any of VinFast’s 50 authorised dealerships nationwide for a booking amount of INR 21,000, with the official launch and price announcement scheduled for 15 April 2026. Designed with the signature golden ratio proportions of MPVs, the wheels are pushed towards the corners to maximise cabin space.

Measuring 4,740 mm in length, 1,872 mm in width and 1,734 mm in height with a wheelbase of 2,840 mm, the VF MPV 7 offers a roomy cabin across all three rows, ensuring consistent comfort for larger families. Its R19 alloy wheels give the vehicle a strong yet sporty presence. Powered by a 60.13 kWh battery, it delivers over 500 kilometres of driving range per full charge, and fast charging technology can take the battery from 10 to 70 percent in about 30 minutes.
Before the VF MPV 7, VinFast launched the VF 6 and VF 7 premium electric SUVs in September 2025, both winning multiple industry awards. The company continues to strengthen its EV ecosystem by expanding showroom and aftersales networks, partnering with local financial institutions, and offering an industry best product warranty. Customer centric policies include a value assured programme, trade in support for switching from gasoline to electric vehicles and free charging within the V Green network until 31 March 2029, making the transition to electric mobility easier.
Tapan Ghosh, CEO, VinFast India, said, “The VF MPV 7 marks another step forward in VinFast’s efforts to win over Indian consumers with modern, practical and accessible electric mobility solutions. We believe this model will help redefine standards in its segment and become an ideal choice for families seeking a clean mobility solution that meets everyday practicality.”

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