The South Korean company Posco Chemical is planning to build another factory for cathode materials in its home country. This is to be built in the coastal city of Pohang and will have an annual capacity of 60,000 tonnes. But plans for plants abroad are also becoming more concrete.
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Factorial Energy, an American developer of solid-state cells that first unveiled its plans in April, has just reported on the initial results from its test runs. According to the report, it has succeeded in achieving a capacity retention rate of 97.3% after 675 cycles for a 40 Ah cell at 25 degrees Celsius.
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US oil company Chevron and vehicle maker Cummins – previously best known for its truck engines – have signed a memorandum of understanding (MoU) to discuss business opportunities in hydrogen and other alternative energy sources.
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The Canadian recycling company Li-Cycle and the Italian-American micromobility provider Helbiz announce their intention to jointly develop recycling solutions for spent lithium-ion batteries from e-scooters and e-bikes. The collaboration is expected to result in a recycling cooperation.
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The battery system manufacturer Akasol has signed a framework agreement with a major bus and commercial vehicle manufacturer from Belgium with a total volume in the mid-double-digit million euro range.
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LG Chem is aiming to invest 6 trillion won (4.4 billion euros or 5.2 billion dollars) in the expansion of its battery materials business for electric cars by 2025. In this context, the South Koreans have announced that, among other things, they want to build a new factory for cathode material in South Korea’s Gumi.
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The battery developer SES (formerly SolidEnergy Systems), spun off from the Massachusetts Institute of Technology (MIT), has announced its going public on the US stock exchange. For this purpose, the company wants to merge with the stock exchange shell Ivanhoe Capital Acquisition.
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South Korean battery manufacturers Samsung SDI and LG Energy Solution have completed the development of samples of the larger 4680 battery cells that Tesla favours for its future production vehicles.
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Atlis Motor Vehicles announced the signing of a Memorandum of Understanding with Elettricars Motor Company, an Italian/American-based electric vehicle manufacturer, interested in purchasing Atlis’s battery packs and cells in bulk for installation into its lightweight electric vehicles.
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Skeleton Technologies has signed a contract with CAF Power & Automation, a manufacturer of power supply solutions for the railway industry. Skeleton will supply ultracapacitors that will be integrated into CAF’s OESS (On Board Energy Storage System) for trams.
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From 2025, Stellantis will also source its batteries for electric cars from SVOLT. The fact that SVOLT will be one of the future suppliers of battery cells alongside CATL, BYD, Samsung and LG Energy Solution was already mentioned by Stellantis a few days ago when it presented its new electric strategy.
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The Swedish battery manufacturer Northvolt is planning to set up its own cell production in Germany. However, the plans are apparently still at a very early stage, and possible locations are not yet known.
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Hyundai and Kia want to develop an alkaline water electrolysis system and the associated stack together with the Canadian company Next Hydrogen in order to produce green hydrogen economically. The cooperation will also explore potential technological applications and future business opportunities.
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According to a media report, the start of battery cell production by Daimler partner Farasis Energy in Saxony-Anhalt will be delayed by two and a half years from April 2022 to October 2024. The background to this is that Farasis is currently pooling all its resources to get its existing factories in China up and […]
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France and EIT InnoEnergy, an independent body set up by the EU, have signed a memorandum of understanding to launch the so-called EBA250 Academy to retrain and upskill tens of thousands of workers for the French battery industry.
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The US American Department of Energy announced the awarding of $52.5 million to fund 31 projects to advance clean hydrogen technologies and support the recently announced ‘Hydrogen Energy Earthshot’ initiative to reduce costs and accelerate breakthroughs in the hydrogen sector.
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The French battery specialist Verkor has raised 100 million euros from investors. Among other things, the money is to be used to build up battery cell development and production in France, which Verkor recently agreed with Renault.
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The Swedish company Stena Recycling has announced that it will invest 250 million kronor (about 24.5 million euros) in a new battery recycling process. Among other things, the money will be used to build a new plant in Halmstad.
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The Japanese raw materials company Sumitomo Metal Mining has announced its intention to invest 47 billion yen (about 358 million euros) in expanding its production capacities for cathode materials. The company cites the car industry’s growing demand for batteries as the reason.
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SK Innovation has announced its intention to expand its production capacity to over 500 GWh by 2030. As part of its new strategy ‘From Carbon to Green’, the company, which was founded as an oil refinery, wants to invest heavily in the battery business, possibly also with external investors.
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Following AESC’s deal with Nissan in Sunderland, a second British manufacturer is now interested in the batteries from the Chinese-Japanese company. This was revealed by AESC CEO who mentioned talks were underway with several manufacturers.
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Blackstone Technology, the German subsidiary of the Swiss commodities company Blackstone Resources, wants to increase its annual production capacity at the Döbeln site tenfold – from currently 50 MWh to around 500 MWh in the coming year.
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According to a media report, the South Korean car company Hyundai has invested around 100 million US dollars in a stake in the solid-state battery specialist SolidEnergy Systems (SES). Among the investors in SES is General Motors.
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Automotive supplier Eberspächer has entered the hydrogen and fuel cell technology market by acquiring the US company ViCTORi and will in future offer air supply components for fuel cell systems.
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General Motors has agreed a strategic investment and collaboration with Controlled Thermal Resources (CTR) to secure lithium from the US. The cooperation is intended to accelerate the introduction of lithium extraction methods that have a less harmful impact on the environment.
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Nissan has now officially confirmed that Envision AESC will build a battery factory at its plant in Sunderland, England. A new electric model will also be produced there in the future. Both announcements are part of a £1 billion initiative by Nissan and Envision AESC called EV36Zero.
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The Estonia-based ultracapacitor manufacturer Skeleton Technologies has raised a further 29 million euros in its Series D funding round. The funding is to be used for the continued development of ultracapacitor cells, modules, and systems.
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Researchers working on the UK Faraday Institution project on the recycling of lithium-ion batteries (ReLiB) at the Universities of Leicester and Birmingham have solved a critical challenge in the recovery of materials used in EV batteries at the end of their life.
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Used battery cells from Tier Mobility’s electric scooters are to have a second life in rural India. For this goal, the Berlin-based micromobility provider has entered into a partnership with the German-Indian startup Nunam.
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Proton Motor Fuel Cell wants to develop the market for fuel cell trucks in the UK and Ireland together with the British company Electra Commercial Vehicles. A Memorandum of Understanding has been signed to cover the development period.
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