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

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024. The supply will go beyond 2030.

Global 435
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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

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Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. Manganese is a key stabilizing element in the cathode of EV batteries.

Australia 387
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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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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. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. The only lithium production in the United States currently is from one brine operation in Nevada. Lithium is expected to trade at 484,185.00 Source: Statista.

Carbon 483
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DOE: EV battery manufacturing capacity in N America in 2030 projected to be nearly 20 times greater than in 2021

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A wave of new planned electric vehicle battery plants will increase North America’s battery manufacturing capacity from 55 Gigawatt-hours per year (GWh/year) in 2021 to 998 GWh/year by 2030, according to the US Department of Energy (DOE). To optimize supply chain logistics, many battery plants will be co-located with automotive plants.

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Battery Resourcers to open North America’s largest Li-ion battery recycling facility by August

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Battery Resourcers, a vertically integrated lithium-ion battery recycling and engineered materials company, plans to open a commercial-scale, lithium-ion battery recycling facility in Covington, Ga. We all win when we prevent batteries from going to landfill. The opening of this facility will help meet that demand.

Li-ion 482
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Stellantis and Terrafame agree on low-carbon nickel sulfate supply for EV batteries

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signed a supply agreement for nickel sulfate to be used in electric vehicle (EV) batteries. Beginning in 2025, Finland-based Terrafame will supply Stellantis with nickel sulfate over the five-year term of the agreement. Stellantis N.V. and Terrafame Ltd.

Supplies 210