Battery-News

Author name: Cornelius Karow

SVOLT Abandons Plans for European Production

Chinese battery manufacturer SVOLT Energy has confirmed that it will cease operations in Europe. The decision affects the European company and its German subsidiary and will take effect on 31 January 2025. The subsidiary of Chinese carmaker Great Wall Motor cited the unexpected development of the European electric vehicle market, which has fallen short of market players’ expectations. Investment Freeze and Restructuring SVOLT had previously made significant investments in the European market, including planned production facilities in Germany. A factory for battery modules and packs with a capacity of 24 GWh and an investment volume of around €2 billion was planned in Saarland, while a cell factory with a capacity of 16 GWh was to be built in Brandenburg. Both projects were due to be operational by 2025, but have now been put on hold without any further timetable. In Europe, SVOLT will now focus on technical services, warehousing, logistics and after-sales services. Despite the withdrawal from production, the company has signalled its interest in long-term opportunities in the European market and intends to evaluate strategic options for a possible re-entry. Source:https://cnevpost.com/2024/10/27/svolt-confirms-will-end-operations-europe/

SVOLT Abandons Plans for European Production Read More »

Stellantis Trials Solid-State Batteries in New Fleet of Vehicles

Stellantis is working to integrate solid-state batteries from US company Factorial into a demonstration fleet of Dodge Charger Daytona vehicles. These are based on the STLA Large platform and are expected to be launched by 2026. The aim is to validate Factorial’s battery technology in real-world driving conditions. The company is not disclosing the size of the fleet. Factorial’s proprietary FEST solid-state battery technology is presented by Stellantis as promising. According to the company, it offers an energy density of more than 390 Wh/kg and is said to be characterised by lower weight and improved performance compared to conventional lithium-ion batteries. The STLA Large platform is part of Stellantis’ Dare Forward 2030 strategic plan, and includes brands such as Jeep, Dodge, Chrysler, Alfa Romeo and Maserati. The initiative is part of an existing partnership between Stellantis and battery technology company Factorial, in which Stellantis is investing $75 million through 2021. Source:https://www.stellantis.com/en/news/press-releases/2024/october/stellantis-and-factorial-take-next-step-to-accelerate-the-future-of-electric-vehicles-with-solid-state-battery-technology

Stellantis Trials Solid-State Batteries in New Fleet of Vehicles Read More »

NextStar Energy Launches Battery Module Production in Canada

NextStar Energy, a joint venture between South Korean battery cell manufacturer LG Energy Solution and Stellantis, has started production of battery modules in Windsor, Ontario. Construction of the facility began in 2022. Cell Production Starting in 2025 According to the company, the next step will be the start of battery cell production in 2025, once the construction work is completed. In the final phase, the plant is expected to reach an annual production capacity of 49.5 gigawatt hours. The project represents an investment of 5 billion Canadian dollars (approximately 3.6 billion US dollars). Batteries produced at the facility are intended to supply the North American ecosystem for Stellantis.  Sources:https://media.stellantisnorthamerica.com/newsrelease.do?id=26366&mid=1529https://nextstar-energy.com/index.php/2023/07/20/5b-windsor-battery-plant-the-largest-private-sector-investment-in-ontario/

NextStar Energy Launches Battery Module Production in Canada Read More »

Scroll to Top