Analysts from UBS teamed up with engineers to figure out which electric vehicle batteries made by established manufacturers offer the best value. They concluded that cells made by Panasonic in Tesla’s Gigafactory are 20 per cent more cost efficient than the next best on offer from LG Chem.
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China’s first factory for solid-state batteries has gone live in the city of Kunshan in the east of China. The start-up Qing Tao (Kunshan) Energy Development invested around 1 billion yuan (€126M) and says it has clients already.
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After battery builder BMZ made a short announcement to take over the TerraE consortium a few days ago, details are emerging now. They plan to install volume production of battery cells in Germany by 2020 and succeed where TerraE last failed – in electric car batteries.
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The Chinese battery cell giant CATL has moved into the offices near the planned battery factory in Erfurt, Germany. Moreover, they are also accelerating their entire schedule, according to European boss Matthias Zentgraf, who said “it is all about tempo”.
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The Chinese supplier Wanxiang Group is investing about 10 billion dollars to build two factories in Hangzhou – one to produce electric vehicles, and another to build batteries worth an incredible 80 GWh. Plans also include a R&D centre.
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Germany’s Federal Minister for Economic Affairs and Energy, Peter Altmaier, wants to have about 30% of global battery production in 2030 take place in Europe. What this would entail in terms of factories is described below.
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The alliance of manufacturers Renault, Nissan and Mitsubishi, has invested in the Californian battery startup Enevate via its venture capital subsidiary Alliance Ventures. The amount of the strategic investment is not known.
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Korea’s three largest battery manufacturers announce the creation of a 100 billion won fund (about €78M). SK Innovation, LG Chem and Samsung SDI thus aim to promote R&D of battery technologies and to support promising start-ups.
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Germany’s economy minister Peter Altmaier delivers his latest take on the European Battery Alliance (EBA) in Berlin today. While he signals strong targets and confirms funding of one billion euros, he cannot name concrete details of the planned battery cell production in Europe or Germany.
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According to a new analysis, Bloomberg New Energy Finance (BNEF) has estimated that the market for lithium-ion batteries will drop prices by 52% before 2030, and that by 2040, the market will grow to 942 GW/2,857 GWh, requiring investments of around $620 billion.
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BMW has confirmed that the upcoming CATL factory in Erfurt in 2021 will also supply batteries for the iNEXT. CATL will deliver battery cells worth four billion euros to BMW as part of the agreement signed some months ago.
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Daimler’s battery subsidiary Accumotive say they will double the workforce at the Kamenz plant before the year’s end – a year ahed of schedule. 1,000 employees will then assemble battery packs for the upcoming Mercedes EQC, while Daimler is also setting up a second battery factory at the moment.
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Plans that first circulated at this year’s IAA, have now been officially confirmed by battery system manufacturer Akasol. The German firm will be setting up battery production in the USA with production to begin at the end of 2019 with a capacity of 300 MWh.
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JAC Motors of China is building on its existing partnership with Hefei Guoxuan High-Tech Power Energy. They want the latter to deliver batteries for electric vehicles in bulk by 2019, no less than 4 GWh to be exact. And they have sales ideas as well.
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Competing for the top of the battery value chain comes at a cost as the latest earnings of both CATL and Panasonic show. While China’s cell making powerhouse reports a plus 60% in revenue, their profit fell. Panasonic paints a similar picture and in both cases, investments are weighing heavy – for now.
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Volvo Cars of Sweden has turned to Britain’s Ricardo for a new partnership. Volvo wants the engineering firm to test and asses battery cells for upcoming electric cars. The project has been described as “large-scale”.
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Audi and Umicore are developing a closed loop for the recycling of high voltage batteries from electrified vehicles, which can be reused again and again. Particularly valuable materials, including cobalt, nickel and copper, will be stored in a resource bank.
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Volkswagen is looking into mass production of battery cells together with SK Innovation, according to German media. Their cooperation could see them setting up and operate multiple battery cell “Gigafactories” in Europe.
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Northvolt of Sweden has agreed with Tesla supplier South Bay Solutions to set up a plant in Poland together. This time they aim to make complete energy storage solutions and want to produce up to 10,000 modules a year beginning in 2019.
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BASF has now officially selected Harjavalta in Finland as their first location to manufacture battery materials for the European automobile market. The facility will be built nearby the refinery belonging to Russian mining company Norilsk Nickel (Nornickel).
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Berlin has now also placed a bid to bring home the first Tesla Gigafactory in Europe. Senator Ramona Pop already contacted Tesla CEO Elon Musk regarding the idea back in August, as well.
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The commercial storage solution Varta flex storage will be available for charging EVs in car dealerships across Europe, in order to help buffer grid impact, among other things. The background is a recently agreed cooperation between Varta Storage with the Volkswagen subsidiary Porsche Holding Salzburg.
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Aachen-based e.Go Mobile is progressing their product palette and team up with fuel cell specialist Proton Motor Fuel. Their joint venture called e.Go REx shall come to life before the year’s end with the purpose of developing a fuel cell range extender. First for e.Go’s upcoming mini electric bus and for other OEMs as well […]
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Hyundai is getting ready to roll-out fuel cell vehicles and hydrogen infrastructure in France. 5,000 FCEVs await shipment from Korea latest by 2025. Moreover a cooperation agreement with Engie and Air Liquide is imminent.
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A new technology consortium consisting of BMW, Northvolt and Umicore will develop a sustainable value chain for battery cells. The news comes right on the heels of the European Battery Alliance counting their efforts and progress.
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One year after airing the plan for an European Battery Alliance (EBA), the EU Commission says their Action Plan is now in place. In the press release they also recapture ongoing efforts and (new) funding schemes to establish a battery industry in Europe.
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The Israeli company SolarEdge Technologies has taken over large parts of the South Korean battery and energy storage specialist Kokam. The transaction sum is said to stand at 88 million dollars.
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The TerraE consortium that had planned to set up a mega battery cell production in Germany has failed as none of the businesses involved was ready to shoulder the investment, reports German media. TerraE thus follows other players in the country that continue to ignore the government calling on them to do their bit.
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Ceres Power announced a 7 million pound (€8M) investment in a new fuel cell manufacturing facility in Redhill, Surrey, UK. This will enable them to build fuel cells worth 2 MW first before scaling up to 10 MW in the long run. Moreover, they are working with Nissan on novel EV applications.
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The German Ministry of Education and Research (BMBF) launched a new cluster to foster basic research into solid-state batteries. Funding is at 16 million euros and the BMBF expects participants to translate their findings into applications.
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