In Europe, the energy group TotalEnergies and the hydrogen gas manufacturer Air Liquide have decided to set up a joint venture to build hydrogen refuelling stations for heavy-duty vehicles in France, Benelux and Germany. The corresponding joint venture is to be established before the end of 2023.
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Freudenberg e-Power Systems (FEPS) and LG Energy Solution (LGES) have signed a multi-year contract to supply lithium-ion battery modules. This is Freudenberg’s response to increasing demand from its truck and bus customers in North America and Europe.
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General Motors is investing in the lithium producer Lithium Americas, thus securing access to the Thacker Pass mine in Nevada, the largest known source of lithium in the USA and the third largest in the world. In addition, GM has secured its supply for another component for its electric cars with a German company.
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Austrian-based Wolftank Group, specialised in energy and environmental solutions technologies, has set up a joint venture for hydrogen refuelling systems with the public transport operator TPER for the Italian city of Bologna.
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The Chinese lithium and battery producer Ganfeng Lithium is investing 15 billion yuan in two new battery factories to increase its production capacities by 34 GWh to around 100 GWh per year. Converted, the investment amounts to 2.2 billion euros.
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General Motors and LG Energy Solution are apparently not pursuing their plan for a fourth joint battery cell plant in the USA. GM could instead build the planned plant in Indiana with a new partner at its side.
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Samsung SDI is considering building a new battery cell factory in Hungary, according to Korean media. The plant is to supply BMW exclusively with round cells for the New Class electric cars and is to be built near Samsung SDI’s existing two battery factories in Göd.
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Sony and Honda’s new electric car brand Afeela is already planning more models and a market entry in Europe, according to a British media report. The joint venture Sony Honda Mobility (SHM) has just presented the new brand at the CES, including a first sedan study.
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SK Innovation and the recycling specialist SungEel HiTech want to launch a battery recycling joint venture in Korea. Both sides have just signed a letter of intent. The joint venture is to be founded next year.
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Stellantis wants to become the third shareholder in the Symbio fuel cell joint venture, alongside Faurecia and Michelin. Negotiations to acquire a “substantial stake” are underway. The transaction is expected to close in the first half of 2023.
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The South Korean chemical company LG Chem has invested 24 billion won (approx. 17.6 million euros) in Jae Young Tech, a battery recycling specialist also based in South Korea. However, the joint plans mainly relate to North America.
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The globally operating US-registered fuel cell truck manufacturer Hyzon Motors is taking full control of its European business. The move was foreshadowed when it became clear that Hyzon was increasingly dissatisfied with the situation with its joint venture partner.
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Mercedes-Benz Vans has announced its intention to build the world’s first purely electric plant in Jawor, Poland. In future, the large vans will be produced here as a closed model (panel van) on the basis of the new electric platform VAN.EA (Van Electric Architecture). However, the contracts have not yet been signed.
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Ultium Cells, the battery cell joint venture between General Motors and LG Energy Solution, is investing further money in its second plant in Spring Hill in the US state of Tennessee even before the start of operations in order to expand production capacities from the previously planned 35 GWh to 50 GWh per year.
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The South Korean battery cell manufacturer SK On is building a nickel supply chain in Indonesia together with two partners. Through a joint venture, the partners want to secure raw materials there and process them into intermediate products. In the end, however, the material could end up in SK On’s US-American battery plants.
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Chinese electric car manufacturer Aiways has become a strategic partner with Thai eMobility service provider Phoenix EV. The deal includes an order for at least 100,000 Aiways vehicles over the next five years and the establishment of a joint venture.
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In Vietnam, construction has begun on the country’s first production facility for LFP battery cells. This is being built as part of a joint venture between VinES Energy Solutions, a subsidiary of the Vietnamese conglomerate Vingroup, and the Chinese battery manufacturer Gotion High-Tech.
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The Chinese joint venture BMW Brilliance Automotive (BBA) has announced an investment of around 10 billion yuan (1.38 billion euros) in the expansion of its electric car battery production in the city of Shenyang. This is to supply the vehicle plants there.
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Taiwanese contract manufacturer Foxconn has laid the foundation stone for an electric car plant in Thailand as part of its joint venture with Thai energy company PTT. It is scheduled to start operations in 2024 with an initial annual capacity of 50,000 electric vehicles.
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BeyonCa is a new electric car start-up from China. BeyonCa was founded by Renault China CEO Soh Weiming and Dongfeng Motor, has a headquarters in Beijing, a design centre in Munich and a development site for artificial intelligence in Singapore.
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Saudi Arabia has unveiled its first electric car brand. It is called Ceer and is a joint venture between the Saudi sovereign wealth fund PIF (Public Investment Fund) and the Taiwanese contract manufacturer Foxconn. The latter will develop the electric platform for a range of Ceer models, including sedans and SUVs.
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In February, Beijing Benz, the joint venture of BAIC Motor and Mercedes-Benz, announced a recall for the EQC electric model after dozens of owners complained about engine problems. However, it seems that this recall was insufficient, as it has now been expanded.
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Chinese battery manufacturer CATL has signed up Dongfeng Peugeot Citroën Automobile, a joint venture, as another automotive partner for its Evogo battery swap business.
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Toyota has announced an all-electric sedan called the bZ3, developed in collaboration between Toyota, BYD and FAW Toyota, which is to be offered exclusively in China for the time being. In addition, according to media reports, there are indications that the Japanese could revise their electric strategy.
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The Cellforce Group, the battery joint venture between Porsche and Customcells, has laid the foundation stone for its development and production facility near Reutlingen-Kirchentellinsfurt. In the course of this, it was also announced that production capacity is to be increased tenfold.
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The Cellforce Group, the joint venture between Porsche and Customcells, says it has successfully set up the series production process for coating its electrodes over the past twelve months. In the process, Cellforce has relied on close cooperation with the machinery and plant manufacturer Dürr.
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The South Korean materials group Posco has signed an agreement with GS Energy that is expected to result in the establishment of a joint venture for recycling spent batteries before the end of this year.
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EKPO Fuel Cell Technologies, the fuel cell joint venture between ElringKlinger and Plastic Omnium, is expanding its activities in China by establishing a Chinese subsidiary. The aim is to manufacture the first stacks in the city of Suzhou before the end of the year.
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Honda is raising the curtain on a Japanese-Chinese procurement initiative: The company plans to set up a joint venture in China with its Chinese partners Dongfeng and GAC at the end of this month. The goal is to bundle purchases of electric vehicle batteries from CATL.
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Honda and LG Energy Solution have entered into an agreement to establish a joint venture for the production of batteries in the USA. The batteries will be used in Honda and Acura electric models in the North American market.
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