BMW secures CATL battery cells worth four billion euros
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.Weiterlesen
CATL & Panasonic profits drop due to investments
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.Weiterlesen
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CATL rushing to launch NCM 811 battery cells first
Battery maker CATL of China rushes to gain a competitive advantage over its Korean counterparts. The firm says it will be first to launch the new low-cobalt and energy-dense NCM 811 battery cells for electric cars next year.Weiterlesen
Renault to debut new Zoe this year in Paris?
Renault appears to be happy on their home market, where rumours of a new and bigger Zoe are getting louder. The 2019 Zoe could see the spotlight at this year’s Auto Salon in Paris already and speculations speak of new cells from CATL and charging with CCS.Weiterlesen
CATL revealing details on battery factory in Erfurt
It can hardly become more official: CATL released construction details of their first battery factory outside China. The facility in Erfurt, a town in the East of Germany, targets a capacity of 14 GWh and will cost CATL 240M euros.Weiterlesen
Battery production by CATL & Dongfeng JV kicks off
Construction of a battery factory owned by both CATL and Dongfeng is complete. The facility of Dongfeng Amperex started production in Wuhan. Here they aim to reach a capacity of 9.6 GWh worth of batteries on three manufacturing lines from 2019.Weiterlesen
BMW announces billion euro contract for CATL
Harald Krüger, head of the BMW board, announced the contract with the Chinese battery manufacturer for cells valued at over one billion euros. The announcement came in an interview, where it was also confirmed that CATL will be opening a factory near Erfurt, Germany.Weiterlesen
CATL catapulted to be worth billions on stock exchange
China’s battery powerhouse CATL has succeeded instantly on the stock exchange. Shares in Contemporary Amperex Technology Ltd soared 44 percent on their debut in Shenzhen as investors seek to embrace clean energy.Weiterlesen
Byton secures investment from CATL, closes with $500M
Electric car startup Byton has closed its latest round of financing. It collected half a billion dollars from investors, the latest being CATL that joins the likes of China’s FAW. Byton, led by former BMWi manager Breitfeld, is about to present their second concept EV.Weiterlesen
CATL to set up battery cell manufacturing in Germany
The Chinese battery manufacturer has decided to start producing battery components in Germany. According to electrive.net, CATL is looking to Erfurt to set up a manufacturing facility for battery cells.Weiterlesen
CATL & BYD rise to join world’s Top 3 battery makers
Korea’s largest battery makers LG Chem and Samsung SDI are losing market shares to competitors from China, SNE Research finds. They pin the loss to increased domestic demand in China from electric buses and trucks. CATL appears to have benefitted the most.Weiterlesen
CATL to deliver cells for Nissan and Renault
China’s battery specialist Contemporary Amperex Technology (CATL) is advancing to become not only Europe’s battery supplier No. 1 but also Japan’s. A new report says CATL will be taking over the battery cell supply for Nissan and Renault EVs in the near future.Weiterlesen
VW secures battery cells from array of Asian suppliers
Volkswagen has ordered batteries worth 40 billion euros or almost 50 billion dollars, which is what Tesla is worth at the stock market to date. For VW, this means they have doubled the order volume in just a month and are now ready for the Roadmap E.Weiterlesen
SAIC building factory in China for EVs from Roewe and MG
SAIC has begun construction on their fourth vehicle factory in China. The new production site will be built in the port city of Ningde and will begin operations in 2019, producing electrified vehicles for Roewe and MG.Weiterlesen
Volkswagen teams up with Samsung and LG Chem
Volkswagen is pushing electric mobility and has to find batteries in order to scale up. After joining forces with CATL in China just days ago, the Germans have now turned to Korea, where VW announced a new partnership with LG Chem and Samsung SDI.Weiterlesen
Volkswagen bets on batteries supplied by CATL
Volkswagen has nominated Chinese battery specialist Contemporary Amperex Technology (CATL) as supplier to implement its ambitious electrification roadmap, according to “Caixin”. However, VW intends to add also other battery suppliers later on.Weiterlesen
CATL to build a Gigafactory – soon big enough to dwarf Tesla?
CATL is speeding up its expansion and wants to build a new Gigafactory by 2020. It would be second only to Tesla’s in size. Construction however can only start if CATL manages to collect 2bn dollars by selling shares before this year’s end.Weiterlesen
VW and Daimler next to turn to China’s CATL for batteries?
Chinese battery maker Contemporary Amperex Technology (CATL) has been making the news through its hook up with PSA as well as his cooperation with BMW in China. Now it appears as if Volkswagen and Daimler too have been reaching out to secure the batteries for their upcoming electric cars.Weiterlesen
CATL, GKN, Nidec, Tesla.
CATL to start Gigafactory: The Chinese supplier wants to enter the battery market as early as January 2018 when a new facility in Liyang will take up its work. The first phase already aims at an annual capacity of 10 GWh. This shall increase gradually until output reaches 36 GWh, just like Tesla’s Gigafactory. The cells will be assembled by cooperation partner SAIC that could soon supply enough packs for up to 300,000 EVs a year. CATL, that also delivers cells for the BMW i3, was the world’s third largest battery maker in 2016 with an output of 6.8 GWh.
automobil-produktion.de (in German)
Electric drive: GKN Driveline is about to construct a new manufacturing facility in Tokoname City, Japan. It will replace an older plant, and has become necessary to meet increasing demand for AWD and eDrive systems. GKN will break ground this month and targets completion by mid-2018.
Another e-drive from Japan is presented by Nidec that has developed a lightweight motor system for electric vehicles and plug-in hybrids. It combines a gearbox, an inverter and a motor with a proprietary cooling system and has an output of 40 to 150 kW to cater for various vehicles.
Lonesome ranger: 400,000 miles driven with almost no battery degradation. What sounds like one of those Tesla milestones has actually been hit by a single Chevy Volt driven by a GM employee. Note though that the electric miles count 141,795 only.
CATL, GKN, Hyperloop, Ford, Domino’s.
Batteries from China at IAA: Contemporary Amperex Technology (CATL), who recently opened offices in Berlin and Munich, will put its five main products on display at the show in Frankfurt. The battery modules EnerSpeedy, EnerDura, EnerMagic, EnerClimate and EnerLasting bear telling names.
automobil-industrie.vogel.de (in German)
GKN drive for electric and hybrid cars: Based on its Twinster tech, GKN has developed an eAxle equipped with a two-speed powershift transmission and will bring it to the IAA. It can be utilised for both hybrid and electric vehicles, no matter if they got a front-wheel, rear-wheel or all-wheel drive.
TU Munich wins Hyperloop: Elon Musk is seeking the best Hyperloop pod prototype and part two of the contest has just taken place at SpaceX in Los Angeles. Again it was TU Munich’s team WARR that got the fastest capsule. It shot through the test tube with a speed of 324 kph driven by a 50 kW electric motor. The pod weighs only 80 kg and was the smallest in the race against the Swissloop team from ETH Zurich and Paradigm Hyperloop from Newfoundland.
Autonomous pizza delivery: Ford and pizza chain Domino’s will begin delivering pizzas in Michigan in a Ford Fusion Hybrid equipped with self-driving technology. The delivery vehicles initially will be piloted by human drivers but in New Zealand, Domino’s already tested drones to take the box to the doorstep.