NIO is planning to build a 40GWh battery plant in the city of Hefei, Anhui Province, China, to produce its own cylindrical batteries that could power 400,000 long-range vehicles each year. Li-Cycle has received a conditional grant of $375 million from the US DoE’s ATVM program. Shell has acquired evpass for an undisclosed sum, expanding its charging networks into Switzerland. Stellantis is to cut 2000 jobs in Italy, representing a cut of 4.3% of its workforce in the country. Magnis Energy Technologies has entered into a supply agreement with Tesla to supply a minimum of 17,500 tons of active anode active materials yearly from 2025-2028, with an buyer-side option to increase this to 35,000 tons per year. Nordex…