Volkswagen’s meeting with mayor players from the cobalt industry to supply the carmaker with the material crucial for EV batteries ended with no deal again. The request for a fixed price prove a deal breaker once more.
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BMW is looking for cobalt suppliers as well, just after VW rendered its tender. The Bavarians are talking to various players concerned with materials required to build electric car batteries.
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German supplier ElringKlinger agreed with Chengfei Integration Technology (CITC), a cell maker from China, to set up a joint venture. Together they are to develop, produce and sell battery modules globally.
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After Volkswagen’s initial tender calling for cobalt at a fixed price failed to attract any bidders, the company has changed strategy and invited producers and dealers to come to its Wolfsburg HQ to talk, reports Bloomberg.
Continue reading The Bavarian carmakers wants to centralise its battery cell competence in a new centre in Munich and has just broken ground. Officially called BMW Group Battery Cell Competence Centre, it is to drive battery cell innovation starting in 2019 and to introduce hi-tech production processes.
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Electric cars with old batteries may soon be rejuvenated and regain up to 50 percent of their range with a new solution from Vanderbilt University. The team has come up with a battery management that addresses each cell via single controllers.
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Chinese manufacturer BYD has to face its revenues going down as the country’s government reduces EV subsidies and more and more players are entering the EV market. That’s why the carmaker intends to focus more on its battery business, Reuters has learnt.
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Chinese manufacturer such as BYD and Great Wall are starting to headhunt battery specialists from South Korean companies like Samsung SDI, LG Chem and SK Innovation on a large scale, The Korea Herald has learnt.
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German manufacturer Akasol has opened a battery plant with a potential production output of 600 MWh annually in Langen, close to its headquarters in Darmstadt. The company says it will be capable of manufacturing storage systems for up to 3,000 electric buses per year. All in all, Akasol invested 10m euros into the implementation of its semi-automatic production line.
electrive.net (in German)
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The BMZ Group (Germany) and Eurabus have signed a long-term master agreement with a volume of 150m euros. The contract includes the supply of more than 1,000 battery systems for electric buses within the next two to three years.
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