News

Bühler Group is to support the production of lithium iron phosphate (LFP) battery cells by FIB near Naples with the installation of four continuous mixing lines.

Construction of a 2.3-billion-dollar Gotion battery factory in Michigan has been halted due to a legal dispute over environmental impact and the companyʼs links to China.

Battery manufacturer Northvolt has laid off most of its employees as part of the ongoing insolvency proceedings. Approximately 1,700 employees will remain in Sweden.

According to the company, Samsung SDI has launched series production of 46-series cylindrical cells more than a year ahead of schedule.

Nissan has signed an agreement with South Korean battery manufacturer SK On for the supply of lithium-ion batteries in North America for the period from 2028 to 2033.

German battery start-up Theion has raised 16.4 million US dollars from investors to further develop its sulfur battery technology offering three times the energy density of lithium-ion batteries.

South Korean battery manufacturer Samsung SDI has announced a capital increase of approximately 1.38 billion US dollars for the realization of various battery projects.

Swedish battery manufacturer Northvolt has filed for bankruptcy in its home country. A court in Stockholm will take over the proceedings.

StoreDot has signed a licensing agreement with Kumyang for the mass production of cylindrical battery cells based on StoreDotʼs Extreme Fast Charging (XFC) technology.

Porsche AG has acquired a majority stake in V4Drive GmbH from VARTA AG. In the future, the company will operate under the name “V4Smart”.

British start-up Volklec ill be setting up battery production at the UK Battery Industrialisation Centre in Coventry. This is based on a licensing agreement with Chinese manufacturer Far East Battery.

Tesla plans to acquire parts of the insolvent German engineering company Manz AG, including the transfer of more than 300 employees at the Reutlingen site in Baden-Württemberg.