The battery factory that LG Energy Solution (LGES) is planning in Arizona will be significantly larger than previously communicated. The capacity for round cells is now higher, and an additional production facility for pouch cells with LFP cell chemistry is also to be built on the site.
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After the US and the EU announced in mid-March that they wanted to negotiate an agreement on critical minerals for electric car batteries, the US government now submitted a concept paper for a transatlantic raw materials partnership to the EU Commission.
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Volkswagen has now officially given the go-ahead for the construction of the second battery cell factory of its subsidiary PowerCo in Valencia. Volkswagen is also said to be considering stakes in raw material mines and the sale of its battery cells to other customers.
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Honda has published more details on the conversion of its plants in the US state of Ohio for the future production of electric cars and the components for them. The Marysville Auto Plant (MAP) will begin preparations for the production of electric cars in January 2024.
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Volkswagen is building its first battery cell factory outside of Europe. The German company has found a location in Ontario, Canada, where production should start in 2027.
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The US and the EU want to negotiate an agreement on critical minerals for electric car batteries, said US President Joe Biden and EU Commission President Ursula von der Leyen after a meeting at the White House. The planned agreement would make EVs manufactured in the EU eligible for US tax credits, currently reserved for […]
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Volkswagen may have put plans for a battery cell factory in Eastern Europe on ice. According to a media report, the company is looking to build a plant in North America first since it could receive up to €10 billion in incentives because of the US Inflation Reduction Act.
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Samsung SDI is to supply General Motors with cylindrical battery cells for electric cars. According to Korean media, the companies will build a joint manufacturing plant with an annual capacity of at least 30 GWh. And another carmaker could use Samsungs cylindrical cells.
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Californian battery cell developer Amprius Technologies is planning a production facility in Brighton in the US state of Colorado. Production will start in 2025 with an initial annual capacity of 500 MWh and later be expanded to 5 GWh. The company writes that expansion to up to 10 GWh is possible in the long term.
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US battery developer Kore Power plans to partner with Siemens to set up a battery cell factory with an annual capacity of 12 GWh in the US state of Arizona. The ‘KOREPlex’ factory in Buckeye in the Phoenix metropolitan area will produce battery cells for electric vehicles and stationary applications.
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Honda and LG Energy Solution have begun constructing their joint venture battery cell factory in the US state of Ohio. The announced factory near Jeffersonville is expected to be operational by the end of 2025 with an annual production capacity of approximately 40 GWh.
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The Chinese battery cell manufacturer Eve Energy, whose customers include BMW, has increased its production capacities in Jingmen in the Chinese province of Hubei by a total of 73 GWh with the commissioning of four sub-plants.
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EV maker Nio is looking to build its first battery plant for round cells. News agency Reuters first broke the story, citing two people familiar with the project. The plant will have an annual capacity of 40 GWh and will be located next to Nio’s main manufacturing hub in Hefei City, China.
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Ford has agreed with LG Energy Solution and Koç Holding to form a joint venture to build a large battery cell plant for electric commercial vehicles in Turkey. The plant in Turkey had originally been planned with SK ON.
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BYD plans to open another factory for its Blade Batteries with lithium-iron-phosphate (LFP) cells in China. According to an environmental audit report, BYD subsidiary FinDreams Technology will invest billion yuan (about 1.2 billion dollars) into the new 40-GWh production facility.
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Ford is investing 3.5 billion dollars in a new plant for lithium iron phosphate (LFP) batteries in the US state of Michigan. It is working with Chinese battery maker CATL, who will licence the technology to Ford and provide technical assistance.
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Battery manufacturers InoBat and Gotion High-Tech have agreed on a battery production cooperation. The two companies signed a non-binding agreement to examine the construction of a joint battery factory.
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Tata Motors is apparently searching for a location for its European battery cell factory in Spain or Great Britain. In Spain, the Indian manufacturer is considering an industrial site in Zuera near the city of Zaragoza.
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US battery startup Our Next Energy (ONE), backed by BMW, among others, has closed a $300 million funding round. The Series B funding round resulted in a company value of over $1 billion.
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The Norwegian investment company Valinor founded Elinor Batteries with plans to build a gigawatt-scale factory for LFP batteries in central Norway. The cells are to be purposed for stationary storage for EV charging and marine applications, among other things.
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Ultium Cells, the General Motors joint venture with LG Energy Solutions (LGES), has received $2.5 billion through the US Department of Energy (DoE). Ultium Cells is reportedly working to set up at least three battery cell factories in the USA.
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Hyundai Motor Group and SK On are following up on their MoU regarding cell supply for Hyundai electric cars made in the USA. The carmaker now announced constructing a joint battery plant with SK On in Georgia, a state that has been scoring e-mobility contracts lately.
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Lars Carlstrom, CEO of Italvolt and Statevolt and cofounder of Britishvolt, has revealed more details about Italvolt – the announced 45 GWh battery cell factory in the north-western Italian region of Piedmont. Carlstrom expects to receive the building permit in spring 2023.
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Northvolt is to recieve European funding for its battery factory in Germany. In Berlin, the German Federal Minister of Economic Affairs Robert Habeck officially handed over notification of IPCEI funding (Important Projects of Common European Interest) to Northvolt.
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The Chinese battery manufacturer Farasis Energy and the Turkish electric car manufacturer Togg have sealed a 50:50 joint venture called Siro. Siro will develop and produce batteries that will be used in Togg’s entire product range.
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About two years after the start of construction, CATL plans to hire more employees for its battery cell factory near Erfurt in the next few weeks. The workforce is expected to increase from around 180 employees from Thuringia at present to about 225 by the end of the year.
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Daimler has confirmed plans to build a battery recycling factory in Kuppenheim, Germany. Although rumours about a planned battery recycling plant were abound before, the German automaker had given no indication of the location for the plant or further details until now.
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The Envision AESC battery factory at Renault’s Douai site in northern France is to be smaller than originally announced. Instead of the capacity of 43 GWh by 2030, only 30 GWh or more are planned by 2029, according to an agency report. The background is apparently a change of location.
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The planned Envision AESC battery factory at the Nissan plant in Sunderland, England, will have an annual capacity of 11 GWh when it opens in 2024 and an annual capacity of up to 38 GWh in a potential final expansion stage. Both figures exceed those previously made public.
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Stellantis has now officially confirmed plans to establish another joint venture in North America for the production of battery cells and modules. In addition to a corresponding cooperation with LG Energy Solution, Stellantis also wants to build a new battery factory in North America with Samsung SDI, as previously leaked.
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