article thumbnail

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

Green Car Congress

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
article thumbnail

Cobalt Institute: cobalt market weakened since 2022 peak, but in longer term, demand will outpace supply

Green Car Congress

The Cobalt Institute’s Cobalt Market Report, prepared by Benchmark Mineral Intelligence, finds that cobalt market conditions have weakened substantially since the price peak in 2022. This dynamic will likely remain through to 2024, the report says, as a plentiful and growing supply surplus maintains pressure on prices.

Supplies 259
article thumbnail

SK On, Westwater Resources to develop anode materials; boosting raw battery material supply chain in N America

Green Car Congress

SK On, a leading electric vehicle (EV) battery manufacturer, signed a joint development agreement (JDA) with US graphite company Westwater Resources (WWR) as part of efforts to strengthen its battery raw material supply chain in North America following the enactment of the Inflation Reduction Act (IRA).

America 243
article thumbnail

Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

Green Car Congress

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
article thumbnail

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.

article thumbnail

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

Green Car Congress

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
article thumbnail

Octillion Power Systems enters US bus market to supply batteries for motorcoaches, city buses

Green Car Congress

The order marks the company’s first time supplying batteries for motorcoaches and buses in North America. The company has delivered more than 100,000 EV batteries to the global EV market with more than 2 billion kilometers driven on its systems.

Supplies 418