According to a media report, the Taiwanese contract manufacturer Foxconn, which works for Apple, is investing the equivalent of around 36 million US dollars in the company Giga Solar Materials via a subsidiary. Foxconn said in a statement on Tuesday that the two companies will jointly develop electric vehicle battery materials.
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Swiss battery manufacturer Leclanché has developed a new generation of lithium-ion modules for energy-intensive electrified transport applications on road, rail and water, while inaugurating a new production line for large-scale module manufacturing in Switzerland.
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US solid-state battery specialist Solid Power, backed by Ford and BMW, announces its IPO. For the targeted listing on Nasdaq under the ticker symbol SLDP, Solid Power is merging with SPAC company Riverstone Holdings LLC’s Decarbonization Plus Acquisition Corporation III.
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The German automotive supplier Dräxlmaier will invest 200 million euros in the construction of a production site in the Romanian city of Timisoara over the next six years. Battery systems for electrified vehicles are to be produced there.
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The US Department of Energy has announced it will provide $200 million over five years for electric vehicle, battery and connected vehicle projects at its 17 national labs, as well as for new partnerships to support electric car innovation.
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Freyr, the Norwegian battery manufacturer, planning a 32 GWh battery cell factory in Norway, is also considering building production capacity in North America. There is talk of potentially setting up a joint venture with an unnamed “large multinational industrial group”.
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Electric car manufacturer Polestar is exploring a wide-ranging alliance with South Korean conglomerate SK to advance the development of electric cars. The possible collaboration also includes a potential supply of SK batteries for upcoming Polestar vehicles.
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Samsung SDI has increased the nickel content in the cathodes of its battery cells with NCA (nickel-cobalt-aluminium oxide) chemistry for electric cars. This should not only increase the energy density, but also reduce the costs compared to cells with a higher cobalt content.
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California-based battery start-up Enevate, backed by manufacturer alliance Renault, Nissan and Mitsubishi, has signed a production licensing agreement with EnerTech International for the planned commercialisation of its silicon-dominated anode technology XFC-Energy in 2022.
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The Biden administration has now announced a series of immediate measures it will take to make the USA more competitive in the battery sector. Additionally, a loan program was set up providing $17 billion to improve EV manufacturing capacities.
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SK Innovation has received a loan of 500 million US dollars from the Export-Import Bank of Korea. These funds are to be used for SKI’s second production facility for electric car battery cells in Hungary.
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LG Energy Solution has applied to the Korea Exchange for preliminary approval of an IPO. The company is also taking a stake in the Australian battery materials supplier Queensland Pacific Metals (QPM).
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The French special vehicle manufacturer Gaussin has placed an order for battery systems with Microvast. The batteries will be used in a platform for electric trucks from 18 to 44 tonnes.
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Volkswagen, Daimler, BASF and Fairphone have initiated a partnership for sustainable lithium mining in Chile. ‘The Responsible Lithium Partnership’, financed by the quartet, aims to promote the responsible use of natural resources – including lithium – in Chile’s Salar de Atacama.
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Volkswagen is investing another 620 million dollars, or about half a billion euros, in its battery cell partner Northvolt. The funding is part of a $2.75 billion private placement that the Swedish company announced today alongside news on production capacity increases.
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UK battery manufacturer Hyperdrive Innovation and EV tech firm BorgWarner Gateshead have been acquired by the Silicon Valley-based electric motor developer Turntide Technologies. Turntide will establish operations in Gateshead, England, marking the beginning of a multi-year investment in the region.
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Apple is negotiating with the Chinese companies CATL and BYD about the supply of batteries for its allegedly planned electric cars. Insiders say that the American company has made some specific demands.
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On Monday, Bosch commissioned its new semiconductor factory in Dresden, the construction of which the automotive supplier had begun in 2018. In future, Bosch wants to manufacture chips there on 300-millimetre wafers for the automotive industry, among others.
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CATL has overtaken LG Energy Solution as the top supplier of battery cells for new electric cars in the first quarter of 2021, according to newly released statistics. CATL sold battery cells with a total capacity of 13.3 GWh in the first three months of the year.
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Renault’s Alpine F1 Team has entered into a partnership with US automotive supplier BorgWarner. Both partners want to identify technologies and technical collaborations for future Alpine electric models.
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The US government is wrapping up a 100-day review of the country’s supply chains in key areas such as e-mobility this week. The White House is presented with reports from several federal agencies, which could be released soon. So far, everything points to increasing battery recycling capacity across the US.
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Increasing battery sales are reflected in the balance sheets of the Korean battery cell manufacturers LG Energy Solution and SK Innovation. In the first quarter of 2021, both groups posted a year-on-year increase in sales of 88 and 80 per cent, respectively.
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BMW plans to bundle around 360,000 charging stations from various partners in China via a mobile phone app by the end of the year. This should make charging easier for customers. The carmaker also wants to make its supply chain in China more climate-friendly.
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The Chinese battery cell manufacturer CATL is apparently planning a large new factory with an annual capacity of 80 GWh in the immediate vicinity of the Tesla plant in Shanghai. According to a media report, CATL has already spoken with the Shanghai municipal government about building the factory.
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The integrated drive module (iDM) from BorgWarner, including the electric motor, transmission and integrated power electronics, is to be used in small electric cars from the Hyundai Motor Group, production of which is scheduled to begin in mid-2023.
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Stelco and Primobius have agreed to build a facility to recover and recycle metals from lithium-ion batteries. Stelco is a Canadian steel company and Primobius is a joint venture founded by the Australian company Neometals and the German SMS Group.
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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.
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PowerCell Sweden has just presented the PowerCellution Marine System 200, a fuel cell module specially developed for the electrification of marine applications. The 200 kW module is said to be characterised by its low weight and compact format.
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According to new media reports, a factory for electric car batteries is to be built at the British Nissan plant in Sunderland, which will be operated by the Chinese battery manufacturer Envision AESC. Nissan had sold its battery subsidiary AESC to Envision Group in 2018, but still holds a minority stake.
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The Slovakian battery company InoBat wants to build a value chain for the production and recycling of electric car batteries in Serbia together with the mining group Rio Tinto. However, one important point is still open: The investment decision in the mine in Serbia.
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