Phinergy entered JV for metal-air batteries in China
There is a new battery joint venture in the making in China. Yunnan Aluminium has turned to fellow Chinese Shanghai Zuoyong New Energy Technology and Israeli Phinergy. Together they want to make metal-air batteries under the name of Yunnan Phinergy Chuang Neng Metal Air Battery.
Bosch says No to battery cell production in Europe
It is a clear “Nein” to producing its own cells that Bosch has sent over the wires, saying the investment would be too risky. The decision crushes hopes of EU politicians who had wanted the German supplier on board the planned Battery Alliance. For Bosch, the No is total.
China requires EV makers to recycle batteries
Beijing just published new rules that hold makers of electric vehicles responsible to collect and recycle their batteries. The industry ministry also calls for a service network through which the public can repair or exchange their old batteries.
European Battery Alliance (EBA) is taking shape
The European Battery Alliance (EBA) has been conjured up by the EU Commission. Their latest action plan outlines a schedule until 2023 and names various players along the entire value chain. The aim is to set up a European cell production in order to break the dependency on Asian suppliers.
Sweden to probe for local cobalt and lithium mining
Sweden is exploring the option to dig for cobalt and lithium on its own territory in an attempt to revive its traditional mining areas. The government in Stockholm has reserved 10 million kronor (1m euros) for the project, with results expected by the first half of 2020.
U.S. 2050 Motors invests in Graphene Future
The U.S. firm 2050 Motors has made a large investment in Graphene Future, buying up 20% of their stock. The specialty firm has invented an industrial process to produce graphene that is said to be both cheap and environmentally friendly.
Geely interested in Daimler stock
The rumors have turned out to be true: Chinese vehicle producer Geely has revealed their strategy through an insider, who spoke to Reuters. Apparently the Chinese producer aims to purchase some of Daimlers’ battery technology through the acquisition of company stock.