Jul 6, 2021 - 01:01 pm

SK Innovation considers going public with battery business

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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Jul 6, 2021 - 10:18 am

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.

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Jul 5, 2021 - 11:51 am

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.

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Jul 4, 2021 - 10:46 am

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.

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Jul 1, 2021 - 10:58 am

Nissan confirms Sunderland battery plant & new BEV model

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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Jun 30, 2021 - 03:41 pm

Skeleton Technologies raises 29 million euros

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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Jun 28, 2021 - 01:46 pm

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.

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Jun 28, 2021 - 11:30 am

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.

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Jun 25, 2021 - 04:32 pm

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.

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Jun 25, 2021 - 03:24 pm

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.

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Jun 21, 2021 - 05:33 pm

CATL puts Yibin 15-GWh-plant section into operation

CATL has completed the first expansion stage of its battery cell plant in the city of Yibin in southwest China’s Sichuan Province, for which it has already commissioned the equipment. The company puts the annual capacity of the completed section at 15 GWh.

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Jun 16, 2021 - 03:25 pm

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.

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Found on electrive.com
https://www.electrive.com/2021/07/06/sumitomo-to-invest-%c2%a547-billion-in-cathode-material-production/
06.07.2021 14:21