Honda and LG Energy Start Multi-Billion EV Battery Plant in Fayette County, Ohio
Honda and LG Energy Solution have announced the construction of a joint venture electric vehicle battery plant in Fayette County, Ohio. The two companies have committed to invest $3.5 billion in the new facility, with an overall investment reaching $4.4 billion. The aim is to reach an annual production capacity of 40 GWh.
Mar 1, 2023 // Storage, honda, EV, LG Energy Solutions, LGES, Toshihiro Mibe, Dong-Myung Kim, electric vehicle battery plant, Jon Husted, Mike DeWine, Robert H. Lee
General Motors Commits $650 Million to Secure EV Raw Materials
General Motors invests $650 million in lithium mining to secure its electric vehicle supply chain and support its future production of more than 1 million EVs annually in North America by 2025.
Feb 1, 2023 // Markets & Finance News, Storage, Transport, USA, North America, EV, General Motors
Exicom to Supply 5L Battery Management Systems to Hero Electric
Exicom stated that its BMS has actually utilized various ingenious technologies around remote health monitoring. Hero Electric wants to offer the most safe and ideal carrying out battery systems in its EVs.
Jan 4, 2023 // Storage, EV, Lithium ion Battery, Anant Nahata, Electric Two-Wheelers, BMS, Electric Vehicle Charger, Exicom, Hero Electric, Sohinder Singh Gill, SoX algorithms
Vianode Invests NOK 2 Billion in Battery Materials Plant in Norway
Vianode held that the Herøya industrial plant will generate anode graphite for concerning 20,000 electric cars each year by 2024. Vianode wants to supply the shortage in the graphite materials towards 2030 in Europe.
Sep 22, 2022 // Manufacturing News, Markets & Finance News, Storage, electric vehicles, EV, anode graphite, Asbjørn Søvik, Elkem Hydro Altor, European EV battery market, graphite materials, Herøya battery material plant, Stian Madshus, Vianode, Vianode Invests NOK 2 Billion
Taiwan's ProLogium to Construct Solid-State Battery Gigafactory in Europe
ProLogium states that the financial investment in the new manufacturing facility will complete $8 billion over the following decade; therefore developing countless highly-skilled jobs. Accuracy is looking for sites in 13 European markets including France, Germany, UK, Poland and also Netherlands.
Sep 6, 2022 // Storage, electric vehicle, Taiwan, EV, solid state batteries, clean mobility, Accuracy, ProLogium, Vincent Yang
Globe's Third Largest Lithium Compund Producer Ganfeng Lithium To Supply Battery Raw Materials to GAC AION
Ganfeng Lithium will supply reliable and inexpensive battery basic materials for GAC AION. The firm will certainly also supply basic material to the potential providers of GAC AION. This initiative is targeted at supporting the companion to develop new electric vehicle (NEV) projects as well as step-up the innovation value as well as competitiveness of AION.
Aug 24, 2022 // Storage, Ganfeng Lithium, electric vehicle, EV, solid state batteries, clean mobility, battery raw materials, battery-grade lithium, GAC AION, Jiangxi Ganfeng Lithium Co, Sustainable Transport
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing
The capital raised will help mass produce 10s of thousands of metric tonnes each year of the silicon-based anode products for use in rechargeable Lithium-ion batteries. The firm declares to have actually currently increased in size this year as it has actually begun to scale up.
Aug 4, 2022 // Markets & Finance News, Storage, Lithium-ion batteries, electric vehicle, Nexeon, Scott Brown, EV, Electric Mobility, Ingevity Corporation, John Fortson, silicon anode, SKC
GM And LG Joint Venture To Get $2.5 Billion Federal Loan For US Battery Plant
The funds will certainly be made use of in the building of three various battery manufacturing units in the United States state of Ohio, Tennessee and also Michigan. Both General Motors and LG have been mulling an investment of over $7 billion in collaboration to develop the 3 battery producing units.
Jul 27, 2022 // Markets & Finance News, Storage, USA, North America, electric vehicles, doe, EV, LG Energy Solutions, ATVM, General Motors, Ultium Cells
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia
What was a simple speculation for lengthy has now been confirmed by the Investment Minister of Indonesia, Bahlil Lahadalia. Based on reports, the construction could start by the end of this year.
May 24, 2022 // Storage, TESLA, Elon Musk, Asia, Indonesia, electric vehicle, EV, Bahlil Lahadalia, clean mobility, Model 3 of Tesla
Tesvolt's battery storage orders up 195% among energy crisis and Ukraine invasion
Energy storage system (ESS) company Tesvolt says that it saw 195% year-on-year growth in orders during March, as services seek to reduce their dependency on fossil fuels especially because of the Russian invasion of Ukraine.
Apr 13, 2022 // Storage, Germany, Ukraine, Europe, EV, Tesvolt, ESS, energy storage system
The mobility rEVolution: Nissan moves on with in-house all-solid-state battery manufacturing
In other information, GM and Honda are jointly establishing budget-friendly EVs, the Biden administration holds an EV industry meeting, and also Mercedes-Benz Energy accepts provide EV batteries to BatteryLoop for its scalable, circular energy storage space products.
Apr 11, 2022 // Storage, USA, Elon Musk, North America, honda, EV, Nissan, Mercedes-Benz, all-solid-state battery
Simple Energy, C4V will Collaborate to Manufacture Lithium-ion Cells in India
The partnership wants to generate one of the most advanced Lithium-ion battery technology which will power Simple Energy's upcoming two-wheeler and four-wheeler. The lithium-ion cell facility will certainly turn up in the Dharmapuri plant of Simple Energy in Tamil Nadu.
Apr 7, 2022 // Manufacturing News, Storage, electric vehicles, EV, lithium-ion cells, C4V, charge CCCv, clean mobility, Dharmapuri plant of Simple Energy, electric four-wheelers, Electric Scooter, Electric Two-Wheelers, Kuldeep Gupta, Shreshth Mishra, Simple Energy
SES completes merger with 'Ivanhoe' to finish SPAC listing at NYSE
The Liquid Metal technology battery maker hopes to see business growth quickly. SES was founded in 2012 and also quickly became an integrated Li-Metal battery supplier with strong capabilities in material, cell, module, AI-powered security algorithms and also recycling.
Feb 7, 2022 // Storage, electric vehicle, EV, Lithium ion, acquisition, SPAC, Ivanhoe, SES, SES AI Corporation
Nobel-Winning Battery Leader Suggests Letting EVs Power the Grid to Go Green
Nobel-winner Akira Yoshino sees crucial role for two-way charging Plug-in vehicles can help nations like Japan add renewables
Dec 14, 2021 // Technology, Storage, Japan, Asia, Akira Yoshino, EV
Ford Provides Michigan a 'Wake-Up Call' With Out-of-State EV Expansion
The carmaker's $11.4 billion prepared investment in electric vehicle and also battery plants in Tennessee and Kentucky is forcing neighborhood authorities to examine just how the state will certainly complete.
Oct 11, 2021 // Markets & Finance News, Storage, Transport, USA, North America, EV, Henry Ford, Jim Farley