Battery Production

Lead Intelligent Equipment (LEAD) has opened a European central warehouse in Germany to improve the distribution of spare parts through shorter delivery times and more efficient routes.

Battery manufacturer ACC has completed a capital raise of 4.4 billion euros for the construction of three gigafactories in France, Germany, and Italy, as well as to fund research.

According to a recent agreement with BYD subsidiary FinDreams Battery, automotive supplier BorgWarner will be the preferred manufacturer of LFP battery packs for commercial vehicles.

The FAW-FinDreams joint venture has started battery production in Changchun with an initial planned annual capacity of 15 gigawatt-hours.

Tesla plans to expand its battery production in Nevada by building a factory with CATL equipment. The project is part of Tesla’s efforts to localize the supply chain for lithium iron phosphate (LFP) cells in the U.S.

LEAD Intelligent Equipment from China joins forces with French sodium-ion battery specialist Tiamat to accelerate the development and production of sodium-ion batteries in Europe.

German car manufacturer Volkswagen is still considering taking its battery division PowerCo public. Renault recently withdrew similar plans due to market concerns.

Dutch company LionVolt has taken over battery cell production of AMTE Power in Thurso. The Scottish battery manufacturer went into administration earlier in January 2024 following financial difficulties.

ProLogium Technology has officially opened its Taoke gigafactory in Taiwan which is the world’s first gigawatt-hour capacity solid-state lithium-ceramic battery plant.

The municipal councils of Norderwöhrden and Lohe-Rickelshof in Germany have approved the gigafactory construction of Swedish battery manufacturer Northvolt in Schleswig-Holstein – in one case only by a narrow majority.