Volvo wants to make the origin of cobalt traceable using blockchain technology. The carmaker has now reached agreements with its two battery suppliers CATL and LG Chem as well as blockchain companies.
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Two weeks after CATL received notice of the premature start of construction of its battery cell plant near Erfurt, capital of the German state of Thuringia, the official ground-breaking ceremony took place on Friday.
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The Chinese battery manufacturer CATL and the commercial vehicle brand Volkswagen Caminhões e Ônibus (VWCO) operating in South America have concluded a long-term strategic cooperation agreement.
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In Germany, Chinese battery giant CATL has been given the go-ahead from the region of Thuringia’s Minister of the Environment, Anja Siegesmund, to start the new construction of its battery cell plant in Erfurt.
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The South Korean battery cell manufacturer SK Innovation has established a joint venture with the Chinese battery specialist EVE Energy to set up its second production facility in China for electric car batteries. CATL is also planning another factory.
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Daimler Trucks & Buses and CATL have signed a supply agreement for battery cell modules for electric trucks. The Chinese will supply the modules for several Daimler electric trucks, which will go into series production in 2021.
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The Chinese battery group CATL has just presented its development plans for cell-to-pack batteries at the IAA in Germany. The new CTP platform is designed to improve the development of battery sets with a pack’s energy density to increase from 180 Wh/kg to 200 Wh/kg.
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Porsche is apparently negotiating a supply contract for battery cells with CATL. The German sports car manufacturer and the Chinese battery specialist are “in good talks”, said Porsche development director Michael Steiner, who meets regularly with CATL management.
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Bosch and CATL have agreed on a long-term cooperation for battery cells. Perhaps surprisingly, this is not about battery cells for purely electric cars, but for 48-volt hybrids.
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In the first half of 2019, the Chinese battery manufacturer CATL was able to achieve strong growth in sales and profits compared to the same period of the previous year. The biggest sales driver continues to be business with electric car batteries.
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It appears the rumours were true: Tesla will buy batteries from LG Chem for its electric car production in China. Media agencies cite inside sources confirming the deal that would affect both the Model 3 and future Model Y.
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Hyundai is launching its second and third electric model on the Chinese market this year. The electric version of the Hyundai Encino (known outside China as the Kona) will be launched in October, before a battery-powered version of the Lafesta sedan, available exclusively in China, will follow in December.
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Volvo wants to use blockchain technologies to increase transparency regarding the origin of the cobalt used in the batteries of their electric cars. The first project in China, the home country of Volvo’s mother company Geely, has now been launched.
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An international consortium of renowned e-mobility players plans to build a resource mining plant for lithium-ion batteries on the Indonesian island of Sulawesi. In concrete terms, the project reportedly involves nickel and cobalt. Apparently, Tesla, CATL, LG Chem, Daimler and Volkswagen aim to participate in the consortium.
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Toyota has just announced the cornerstones of a comprehensive battery collaboration with Contemporary Amperex Technology (CATL). This includes not only a “stable” supply of CATL batteries for Toyota but also the development of new battery technologies and more.
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The Chinese electric car startup Xpeng Motors is launching an updated version of its G3 SUV, which was only launched in December 2018. The electric SUV for the Chinese market now features CATL batteries with higher power density.
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Volkswagen wants to use financial support and the establishment of joint ventures to persuade battery cell suppliers to produce sufficient energy storage systems for the Group’s electrical offensive at a faster pace. Many suppliers remain hesitant.
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CATL plans to start building its planned battery cell factory for electric cars near Erfurt this autumn. According to Matthias Zentgraf, European head of the Chinese company, the ground-breaking ceremony could probably take place in mid or late September.
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Chinese battery cell manufacturer CATL has decided to increase the investment in its planned factory in Erfurt by a factor of 7.5: Instead of the originally planned 240 million euros, 1.8 billion euros are now earmarked for the German location.
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Toyota has now announced that it will enter into a number of collaborations in China to accelerate the development of its electric cars by 5 years and to ensure the supply of key components such as batteries. The new partners include CATL and BYD, among others.
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Hyundai has received approval in China to sell its all-electric Kona. In order to benefit from the Chinese subsidies, Hyundai is not allowed to equip the Kona Electric with batteries from LG Chem, as usual, however.
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For the next generation of its i8 plug-in hybrid sports car, BMW is apparently in favour of a fully electric drive with core elements from the BMW iNext’s electric all-wheel drive. The battery cells could be supplied by the Chinese manufacturer CATL.
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The Volvo Car Group has signed long-term contracts with CATL and LG Chem to ensure battery supply for the next generation of Volvo and Polestar electric models over the next decade. The orders are worth several billion dollars.
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Geely has introduced its first fully electric car brand, named Geometry, alongside its first model Geometry A. By the year 2025, ten electric models will be launched under the new brand in several segments, including sedans, SUVs and vans.
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According to Andreas Wendt, the board member responsible for purchasing at BMW, the company will no longer purchase cobalt from the Democratic Republic of Congo with the introduction of the fifth generation of electric vehicles from 2020/21.
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The Volkswagen Group has just announced that over the next ten years it will build 22 million electric vehicles on company-owned electric-platforms, which means some seven million more than previously planned. It will also increase the number of electric models.
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Tesla appears to be negotiating with Contemporary Amperex Technology (CATL) to supply battery cells for its Model 3, manufactured in Shanghai, China. The talks between Tesla and CATL have been concerning the required specifications for the cells. The battery cell manufacturer has since denied intentions of entering business with Tesla.
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The battery cell manufacturer CATL and the state-owned Chinese car manufacturer FAW have founded a joint venture for the development, production and sale of lithium-ion batteries. It has a starting capital of two billion yuan (approx. 263 million euros).
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With Honda, another car manufacturer opts for battery cells from Contemporary Amperex Technology (CATL). An agreement has now been signed for CATL to supply battery cells with a total capacity of around 56 GWh to Honda by 2027.
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The vehicle manufacturer Geely is founding a joint venture with the battery cell manufacturer Contemporary Amperex Technology (CATL). The joint venture will be called CATL Geely Power Battery and will launch with a starting fund of one billion Yuan (130 million euro) by the two partners.
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