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Octillion becomes official battery supplier for FNM electric trucks in Brazil

Green Car Congress

Li-ion battery provider Octillion Power Systems is working with the reborn FNM (now Fábrica Nacional de Mobilidades) in Brazil to produce battery-electric trucks; FNM has selected Octillion as the official battery supplier for the coming lineup. FNM was founded in 1942 and was the first truck manufacturer in Brazil.

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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. 4 are coming to Brazil As a fast-growing car market, South America is of strategic importance to Volkswagen. and the ID.

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Toshiba, Sojitz and CBMM partner to commercialize next-generation Li-ion batteries with NTO anodes

Green Car Congress

Toshiba Corporation, Sojitz Corporation, and CBMM have entered into a joint development agreement for the commercialization of next generation lithium-ion batteries using niobium titanium oxide (NTO) as the anode material. One of the major requirements for rechargeable battery development is greater energy density and faster charging.

Li-ion 376
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Octillion to supply high-density batteries to FNM for 1,000 electric trucks for beverage maker Ambev

Green Car Congress

Battery maker Octillion Power Systems will supply advanced lithium-ion batteries to Brazilian manufacturer FNM (Fábrica Nacional de Mobilidades) for the production of 1,000 electric trucks for beverage maker Ambev. Agrale has been on the Brazilian and international market for nearly 60 years. Earlier post.).

Supplies 393
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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Potential opportunities for collaboration in electric vehicle (EV) and battery material supply chains.

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Brazil’s Aerotec to invest ~$5M in Li-S battery company OXIS Energy; expanding into Brazil

Green Car Congress

million) in Li-Sulfur battery company OXIS Energy. Established in 2005, OXIS Energy has developed, and continues to advance, an innovative Lithium Sulfur (Li-S) battery chemistry. The fund is managed by Confrapar—a pioneer in the Brazilian Venture Capital and private equity market. million (US$5.2 Besides Aerotec’s £3.75

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Leclanché to provide battery technology for Canadian Pacific’s hydrogen-powered locomotive project

Green Car Congress

Leclanché SA will provide its proprietary battery technology to Canadian Pacific (CP) for its innovative Hydrogen Locomotive Program. The market for freight rail is large and growing across the world. Earlier post.) Once the locomotive is operational, CP will conduct rail service trials and qualification testing.

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