JLR rumoured to be AESC’s next customer
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.
Hyundai to invest in SolidEnergy Systems
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.
GM to source Lithium in the USA
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.
Infinity Lithium to supply LG ES with Spanish lithium
A freshly signed letter of intent between the Australian mining company Infinity Lithium and LG Energy Solution provides for the commodities group to supply the South Korean battery manufacturer with battery-grade lithium hydroxide from its Spanish project in San Jose for at least five years.
Renault confirms battery deals with AESC and Verkor
Renault has now officially confirmed that the Chinese battery manufacturer Envision AESC will build a battery factory at Renault’s Douai site in northern France. The French carmaker also announced further collaborations, such as with the French start-up Verkor and possibly with ACC.
Farasis expands European strategic network
The Chinese battery manufacturer and Daimler partner Farasis Energy is expanding its strategic network in Europe in the field of e-mobility with two new cooperations: New partners are the German supplier Hella and an unnamed commercial vehicle manufacturer.
Panasonic sells Tesla stock for $3.6 billion
The Japanese battery manufacturer Panasonic has sold its stake in Tesla for 3.6 billion dollars (the equivalent of about three billion euros). A good deal, because the company bought 1.4 million Tesla shares for around 30 million dollars more than ten years ago.
Foxconn to develop battery materials for EVs
According to a media report, the Taiwanese contract manufacturer Foxconn, which works for Apple, is investing the equivalent of around 36 million US dollars in the company Giga Solar Materials via a subsidiary. Foxconn said in a statement on Tuesday that the two companies will jointly develop electric vehicle battery materials.