French battery developer Tiamat has received 30 million euros to start its third round of financing. The CNRS research center spin-off plans to build a sodium-ion battery factory in France.
Sodium-Ion Batteries: Tiamat Receives €30 Million Read More »
The Competence Network Lithium-Ion Batteries (KLiB) has expressed concern about the latest cuts to the Climate and Transformation Fund by the German government which would affect 75% of battery research funding.
Battery Research: KLiB Criticizes Massive Cuts Read More »
Primobius has been awarded an 18.8-million-euro contract to build a hydrometallurgical refining hub for the Mercedes plant in Kuppenheim, Germany.
Primobius to Build Recycling Hub for Mercedes Read More »
Hungary is going to invest two billion US dollars (1.8 billion euros) in the Debrecen Industrial Park to prepare the site for announced investments of battery manufacturers.
Hungary Invests in Battery Park Debrecen Read More »
BASF has announced a partnership with Europe-based Stena Recycling. The aim of the collaboration is to develop a value chain for the recycling of electric vehicle batteries in Europe.
BASF Collaborates With Stena Recycling Read More »
The European Commission has approved a 902-million-euro state aid measure by the German government in support of a battery production plant by Swedish manufacturer Northvolt.
EU Approves German Aid for Northvolt Read More »
South Korean battery manufacturer SK On has signed a memorandum of understanding with numerous companies to improve control and communication systems in battery production.
SK On Aims for Intelligent Battery Production Read More »
LG Chem has started construction of a cathode plant in the United States. The plant is being built in Montgomery County, Clarksville, Tennessee, and will produce cathode materials for use in electric vehicles for the North American market. Production volume halved since initial announcement LG Chem is investing approximately US$1.6 billion in the first phase of the project. The plant is expected to reach an annual capacity of 60,000 tons of cathode material, making it the largest of its kind in the US. It should be noted that these figures have been halved compared to the original announcement of the plant in November 2022. At that time, a capacity of 120,000 tons and an investment of $3.2 billion were planned. Production to start in 2026, customers already secured The plant is scheduled to start mass production of NCMA cathode material in 2026. LG Chem plans to diversify its product portfolio with future generations of cathode materials and expand its production capacity. According to the company, it has already secured major contracts for the supply of cathode materials in North America, including a 950,000-ton contract with General Motors and a contract worth approximately $2.5 billion with Toyota. Sources: https://www.lgcorp.com/media/release/27138 https://www.lgcorp.com/media/release/25594
LG: Construction starts on US cathode plant Read More »
The Chinese technology company Lead Intelligent Equipment (LEAD) and the German industrial software company Dassault Systèmes have signed an agreement on a global strategic cooperation. Aim of the cooperation is to drive innovation in digitalization and intelligent manufacturing. The collaboration will focus on using Dassault Systèmes’ digital platform to enhance LEAD’s lithium cell production solutions. At this year’s World Intelligent Manufacturing Conference, LEAD presented its vision of a future global collaborative R&D and procurement system. LEAD showcased solutions that include integration with Dassault Systèmes’ digital platform. While no further information was given about the details of the collaboration, the companies emphasized their commitment to a “long-term, stable, and mutually beneficial partnership”. Source: https://www.pressebox.com/pressrelease/lead-intelligent-equipment/lead-intelligent-equipment-and-dassault-systemes-forge-global-strategic-cooperation-at-the-2023-world-manufacturing-conference/boxid/1183534
Intelligent manufacturing: LEAD and Dassault Systèmes join forces Read More »
Vietnamese electric vehicle manufacturer VinFast and Marubeni, a Japanese trading and investment conglomerate, announced a memorandum of understanding to explore opportunities in the reuse of electric vehicle batteries, with the aim of establishing a circular economy model. Reuse without pack disassembly The companies will cooperate in the research and production of battery energy storage systems using batteries previously used in electric vehicles. VinFast will supply the batteries, while Marubeni will conduct feasibility studies, provide technical advice, and carry out the deployment of the stationary energy storage systems. The aim is to recycle the batteries from VinFast’s electric vehicles as complete battery packs. The companies hope that this will result in cost-effective and easy-to-produce BESS, as it will eliminate the need to dismantle, reprocess and repackage the battery. Source: https://www.vingroup.net/en/news/detail/2953/vinfast-and-marubeni-collaborate-to-repurpose-ev-batteries
VinFast and Marubeni to Reuse EV Batteries for Stationary Energy Storage Read More »
