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Volkswagen Group and Canada aim to advance sustainable battery supply chain in North America

Green Car Congress

Volkswagen Group (Volkswagen AG) and the Government of Canada signed a Memorandum of Understanding (MoU) to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. In addition, there are plans to establish a dedicated Gigafactory in North America.

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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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The supply will go beyond 2030. In 2019, Daimler Truck AG and CATL entered into a global lithium-ion battery cell modules supply agreement for electric series trucks including the Mercedes-Benz eActros, the Freightliner eCascadia and eM2.

Global 435
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Solvay and Orbia to create JV to supply PVDF to battery market; largest capacity in N America

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Solvay and Orbia have entered into a joint venture framework agreement to create a partnership for the production of suspension-grade polyvinylidene fluoride (PVDF), creating the largest capacity in North America. Solvay, a global leader in PVDF, brings process technology and global market know-how to this venture.

Supplies 273
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LG Energy Solution partners with 3 Canadian suppliers to augment cobalt, lithium supply chain in N America

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are in line with LG Energy Solution’s strategic vision to reinforce its key battery materials supply chain in North America. Under the terms, Electra will supply 7,000 tons of cobalt sulfate for three years starting in 2023. Electra is known to be the only supplier capable of refining cobalt sulfate in North America.

America 210
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S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

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Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

Carbon 170
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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

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However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Source: Inflation Reduction Act: Impact on North America Metals and Minerals Market Demand for copper will be 12% higher by 2035 than pre-IRA projections.

Global 370
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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

Green Car Congress

Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. We expect the stable supply of EV batteries from SK On will also enable us to contribute to emissions reduction and meet climate goals in the market. million full electric vehicles annually by 2030.

Hyundai 199