Tag: LFP

Jan 31, 2023 - 03:36 pm

CATL invests €3.25 billion in recycling plant in China

The Chinese battery manufacturer CATL has announced investments of up to 23.8 billion yuan (about 3.25 billion euros) in the construction of a large industrial park for the recycling of battery raw materials and their further processing for new batteries.

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Jan 25, 2023 - 05:11 pm

Elinor Batteries to make LFP batteries in Norway

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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Jan 20, 2023 - 12:38 pm

Virginia decides against CATL-Ford battery factory

The US state of Virginia is taking itself out of the running for the factory being considered by Ford and CATL to produce LFP battery cells for electric cars. Specifically, Virginia Governor Glenn Youngkin has decided not to subsidise such a project – out of concern for Chinese influence.

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Jan 13, 2023 - 02:03 pm

Impact Clean Power to source battery cells from Freyr

The budding Norwegian battery cell manufacturer Freyr announced its first customer in the e-mobility sector: Impact Clean Power Technology (ICPT), a Polish manufacturer of battery systems for heavy-duty vehicles. The framework agreement between Freyr and ICPT is not yet binding, however.

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Jan 10, 2023 - 01:23 pm

Xiaomi to debut electric sedan by the end of 2023

Chinese smartphone manufacturer Xiaomi is now moving forward with its electric car plans. According to Chinese media, the first of the four planned Xiaomi power cars will be an electric sedan to compete with the Tesla Model 3.

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Dec 16, 2022 - 02:06 pm

CATL & Ford are looking at jointly operating a battery factory

CATL and Ford are considering jointly building a US factory for LFP batteries. According to an agency report, the production facility will be fully owned by Ford but operated by CATL. This could make the plant eligible for subsidies from the US government under the Inflation Reduction Act.

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Dec 15, 2022 - 05:44 pm

GAC breaks ground on battery plant in China

The Chinese car company GAC has started building a production facility for electric car batteries in Guangzhou. With a total investment of 10.9 billion yuan (1.5 billion euros or $1.561 billion), the new factory is scheduled to go into operation in March 2024 with an annual production capacity of 6 GWh.

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Dec 8, 2022 - 03:11 pm

Battery prices rise for the first time since 2010

In its current analysis of battery prices, BloombergNEF has recorded the first increase since the start of the evaluations in 2010. The experts attribute this to the increased prices for raw materials and battery components as well as high inflation.

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Nov 28, 2022 - 03:27 pm

IBU-Tec announces commercial EV development order

IBU-Tec Advanced Materials, which claims to be the only manufacturer of LFP battery materials in Europe, has received a major development order. IBU-Tec is to develop a new LFP cathode active material for an unnamed international commercial vehicle manufacturer.

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Nov 21, 2022 - 11:39 am

VinFast & Gotion to build battery factory in Vietnam

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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Nov 11, 2022 - 02:24 pm

Bollinger to fit commercial vehicles with ONE batteries

Bollinger Motors has contracted Our Next Energy (ONE) to supply battery packs for its commercial vehicle platforms. The US battery start-up’s Aries packs with LFP chemistry will be installed in Bollinger’s electric vehicles at the anticipated start of production in late 2023.

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Sep 20, 2022 - 02:36 pm

Cummins shows range of electrified solutions at IAA

US American drive builder Cummins completed the acquisition of Meritor in August and is already debuting Meritor motor systems combined with their LFP batteries at the IAA in Hanover. Another new battery system and hydrogen engines are also on display.

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Sep 20, 2022 - 01:16 pm

BYD presents Blade battery adapted for electric buses

BYD presented its Blade battery platform for use in electric buses at the IAA Transportation. The space-saving design of the blade battery with CTP (Cell to Pack) technology is intended to enable a higher battery capacity while at the same time reducing the chassis weight.

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Aug 30, 2022 - 02:35 pm

Freyr joins Nidec in Energy Storage Solutions business

Freyr has found its first major customer for battery cells from its debut factory in Rana, Norway. The Norwegian battery company struck a deal with the Japanese Nidec Corporation to supply 38 GWh of LFP battery cells from 2025 to 2030, with the option to increase the volume.

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Aug 11, 2022 - 12:06 pm

Tesla starts utilising BYD batteries at Giga Berlin

According to industry insiders, BYD has started supplying LFP cells to Tesla, specifically to the plant in Grünheide, Germany. The first batch of Tesla Model Ys equipped with BYD’s ‘Blade’ batteries are expected to roll off the assembly line at Giga Berlin in a month at the earliest.

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Aug 4, 2022 - 04:01 pm

Tesla rumoured to use new batteries for the Model Y

According to Chinese media reports, Tesla will use improved LFP cells from CATL in the Model Y produced in China starting from next year. CATL will supply so-called ‘M3P’ batteries to Tesla for the first time for the Model Y with a 72 kWh battery from the fourth quarter of 2022.

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Jun 30, 2022 - 12:12 pm

Gotion High Tech to make battery cells in Germany in 2023

The Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech has revealed details of its plans for the former Bosch plant in Göttingen that it bought last year. Gotion High-Tech says that Göttingen will become its first battery production and business operation headquarters in Europe.

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Jun 16, 2022 - 01:51 pm

Foxconn begins building battery plant in Taiwan

Taiwanese contract manufacturer Foxconn has started building its first battery factory. The plant, located in Taiwan’s second-largest city Kaohsiung, is scheduled to start producing LFP cells with a planned capacity of 1.27 GWh in the first quarter of 2024.

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Found on electrive.com
https://www.electrive.com/2023/02/02/one-closes-funding-round-with-300-million/
02.02.2023 14:31