Battery Production

Ford has announced changes to its plans for the ‘BlueOval Battery Park Michigan’. Annual production will be reduced from 35 to 20 gigawatt-hours.

European automotive group Stellantis and China’s largest battery manufacturer CATL have signed a Memorandum of Understanding (MoU) for the local supply and use of LFP battery cells and modules.

Forge Nano, a US company specializing in materials science, plans to build a lithium-ion battery manufacturing facility in North Carolina. Production is scheduled to start in 2026.

Turkey’s Koc Holding has announced that it has revoked its earlier agreement with Ford and South Korean battery manufacturer LG Energy Solution to form a joint venture (JV).

Volvo Group has announced acquiring Proterra’s battery business for 210 million US dollars shortly after the US electric bus and battery manufacturer filed for Chapter 11 bankruptcy protection.

Our Next Energy Inc (ONE), a Michigan-based energy storage technology company, has announced the start of production of lithium iron phosphate (LFP) battery cells. The start of cell production comes one year after ONE Circle committed to commission a 20-gigawatt-hour battery factory complex in Van Buren Township, Michigan. “The start of cell production at ONE Circle is an important step toward building an LFP battery industry in the U.S. supported by a North American supply chain,” said Mujeeb Ijaz, CEO and founder of ONE. “With Michigan-made LFP cells, ONE is eliminating dependence on nickel and cobalt while meeting the key requirements of automakers: range, safety and a dedicated supply chain.” ONE manufactures the LFP cells in the company’s own pilot line. The line allows ONE to validate the cells with production intent and develop employee training while providing samples to customers for testing. Next year, ONE will commission a more significant, multi-gigawatt-hour scale LFP line. Source: https://www.prnewswire.com/news-releases/our-next-energy-one-begins-pilot-production-of-lfp-battery-cells-at-20-gwh-michigan-factory-301974117.html

German special machinery and plant manufacturer Aumann has acquired business operations and the technology portfolio of Lauchheim-based LACOM.

Ola Electric, India’s largest electric two-wheeler manufacturer, has completed a $385 million funding round – most of which will be used to complete Ola’s new battery cell gigafactory in India.

SVOLT Energy Technology is considering building an additional battery cell production facility, with Finland being considered one of several potential locations inside and outside the European Economic Area (EEA). The selection of Finland as a candidate for this expansion is based on significant raw material reserves, an environmentally friendly energy infrastructure, and a sustainable supply chain for the battery industry. The potential site is expected to have a total capacity of approximately 50-gigawatt hours. The planned battery cell factory is expected to be a key component of SVOLT’s site strategy, which requires continuous adaptation to changing market conditions. As part of this strategy, other potential sites in addition to Finland are currently under review. Kai-Uwe Wollenhaupt explained, “Various factors play a role in the decision-making process for new sites, including competitive infrastructure and possible subsidies, which are integral parts of the final selection process.” SVOLT is currently building two battery cell production facilities in Europe. Both sites are located in Germany. In the final development phase, combined production will be able to increase to 40 gigawatt-hours. SVOLT has announced plans to expand European capacity further and increase total capacity to at least 50 gigawatt-hours. Source: https://www.svolt-eu.com/en/press/svolt-considering-construction-of-another-battery-cell-factory-with-50-gwh-capacity/