Posco to expand Tongxiang site with Huayou Cobalt
According to media reports, in an expansion of its Tongxiang site, South Korean company Posco is planning to build two new plants for electric vehicle battery materials in China. One plant is to be for cathode materials and another for precursors. Both are scheduled to go into operation in 2023.Weiterlesen
Posco plans another cathode material plant
The South Korean company Posco Chemical is planning to build another factory for cathode materials in its home country. This is to be built in the coastal city of Pohang and will have an annual capacity of 60,000 tonnes. But plans for plants abroad are also becoming more concrete.Weiterlesen
Posco and Huayou Cobalt to launch recycling joint venture
The South Korean steel company Posco wants to set up a recycling business for lithium-ion batteries from electric cars together with the Chinese company Huayou Cobalt. The partners have already established a 65:35 joint venture called Posco Hy Clean Metal.Weiterlesen
LG Energy Solution to set up battery plant in Indonesia
LG Energy Solution will build a US$1.2 billion battery factory in the Indonesian city of Bekasi, east of Jakarta, together with the state-owned Indonesia Battery Corporation (IBC), according to a media report. The initial annual capacity is to be 10 GWh.Weiterlesen
Posco reveals plans for a lithium hydroxide plant in S.Korea
The South Korean steel company Posco has announced plans to build a factory in Gwangyang in S.Korea to extract lithium hydroxide for electric car batteries. The company also plans to invest in Argentina to further its electric vehicle ambitions.Weiterlesen
Posco to provide anode & cathode materials for GM’s Ultium
The South Korean company Posco Chemical will supply Ultium Cells, the joint venture between General Motors and LG Energy Solution for the series production of battery cells, with anode and cathode materials.Weiterlesen
Posco set to expand cathode material production
The Korean company Posco Chemical has announced that it will invest 275.8 billion won (about 204 million euros) to further increase its production capacities for cathode materials for use in electric car batteries. Plants in China and Europe are probably also conceivable in the future.Weiterlesen
Chile’s lithium resource redistributed through Corfo
A consortium led by South Korea’s POSCO and Samsung SDI has won a bid to build a cathode materials plant in Chile. They will jointly invest about 54 million dollars in the plant, which will produce 3,200t of cathode a year starting by 2021.Weiterlesen
Techrules, Posco, Groschopp, Navya Arma.
Tech destination Europe: Chinese Techrules is looking to set up a production facility in the old world to build its promised TREV (Turbine-Recharging Electric Vehicle). While no European countries have been named yet, the company says it is working on a “shortlist.” Regardless of the final location, Techrules will launch the first supercar within the decade.
Gearing up lithium production: South Korean Posco predicts rapid growth in demand for lithium due to the surging EV market. The steel manufacturer thus hurries to finish its lithium production plant by September and not in December, as initially planned. Annual production capacity is 2,500 tons of lithium, enough for about 60,000 EVs.
Joint e-drive development: German Groschopp presents a drive module developed within the ESKAM project, which stands for electric scalable axle drive modules. It is a joint initiative by seven German companies, three universities and a Fraunhofer Institute. The drive has no permanent magnets and develops up to 45 Nm.
elektrotechnik.vogel.de, emobilight.de (articles in German)
Nuclear transport: Autonomous electric shuttle buses now transport EDF employees around the nuclear power plant in French Civaux. The six electric buses by Navya Arma will operate a 3 minute schedule and are hoped to increase productivity considerably. If they are charged using “clean” energy is debatable.
lyonmag.com, navya.tech (articles in French)
– Feedback –
Most clicked link on Monday was not yet another Tesla news, but that about a Chinese competitor. BAIC is building an electric supercar inspired by both the BMW i8 and the Californian EV maker.
LG Chem & Audi, Samsung SDI, POSCO, ORNL.
German-Korean battery deal: LG Chem will start to supply batteries for Audi’s plug-in and micro hybrid vehicles, says the battery maker. No further details have been released, except that the deal is “worth hundreds of millions of dollars”. LG Chem now supplies batteries to 20 customers worldwide.
New Samsung SDI facility: The battery maker has started building its new production facility in China where cells for EVs will be made. An investment of 600 million dollars shall return 40,000 batteries annually for Samsung with production set to start this October.
Lithium extraction facility: POSCO is building a large demo plant in Argentina to showcase its latest lithium extraction technology. The facility is being shipped in parts from Chile. The mining company mentioned growing demand from electric carmakers as one reason for expanding its operations.
A 100-mile range is enough: The Oak Ridge National Laboratory tells drivers and makers of EVs in its latest study, to not expect more than a 100-mile range to keep costs at an affordable level. At least until battery prices have fallen to less than 100 dollars per kWh.
– Feedback –
Most clicked link on Tuesday was the news about the electric revival of Spanish Loryc and its Electric Speedster.