Report: China now makes enough batteries for global EV production
Green Car Reports
APRIL 15, 2024
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.
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Green Car Congress
MAY 21, 2022
gigawatt hours (GWh) of lithium ion battery capacity in the pipeline as assessed in Benchmark Mineral Inelligence’s May 2022 Gigafactory Assessment—a 68% year-on-year increase. Outside of China, North America has seen the fastest growth of any region, adding 11 gigafactories to its pipeline since this time last year.
Green Car Congress
DECEMBER 9, 2021
Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. Octillion Power Systems’ factory in Hefei, China.
Green Car Congress
SEPTEMBER 3, 2022
Battery swap stations are Nio’s signature replenishment facility, and it is currently the only company offering such models to the general consumer. There are also other companies in China that offer models with battery swap support, but for the taxi market. Swapping to become more efficient by using smaller batteries.
Green Car Congress
OCTOBER 9, 2022
The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
Green Car Congress
SEPTEMBER 1, 2021
Following the approval of all relevant authorities, BASF and Shanshan have formed the joint venture “BASF Shanshan Battery Materials Co., The newly formed company has four sites in Hunan and Ningxia, China, with more than 1,600 employees. The new entity will be majority owned by BASF (BASF 51% and Shanshan 49%).
Baua Electric
APRIL 15, 2024
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. China’s declared 2023 battery production alone was close to the actual global demand, according to BNEF, which notes that the U.S.,
Green Car Congress
JUNE 4, 2023
PPG has inaugurated a battery pack application center (BPAC) in Tianjin, China. The $30-million facility features a full range of capabilities to test the application of PPG coatings technologies, materials and systems for electric vehicle (EV) battery packs, allowing customers to accelerate the development of new EV technologies.
Green Car Congress
MAY 21, 2021
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.
Green Car Congress
SEPTEMBER 30, 2022
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.
Green Car Congress
JUNE 20, 2023
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.
Green Car Congress
APRIL 28, 2021
Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. Ford’s new Battery Benchmarking and Test Laboratory in Allen Park, Mich., This 200,000 sq.-ft.
Green Car Congress
OCTOBER 26, 2021
BASF and SVOLT have entered into an agreement in which both parties will partner throughout their global operations with regards to cathode active materials (CAM) development, raw materials supply and battery recycling for SVOLT’s battery cells. SVOLT is a global high-tech company for batteries.
Green Car Congress
NOVEMBER 12, 2021
In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. Subaru jointly developed the e-Subaru Global Platform together with Toyota Motor Corporation as a BEV-dedicated platform.
Green Car Congress
MAY 28, 2021
Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. Supplier to domestic Chinese EV market.
Green Car Congress
MARCH 27, 2022
BYD and Shell signed a strategic cooperation agreement to help accelerate the energy transition and improve charging experience for BYD’s battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) customers. The partnership will start in China and Europe and will extend to other regions across the globe.
Green Car Congress
AUGUST 7, 2022
Africa could overtake China as the world’s largest producer of natural graphite for lithium ion batteries as soon as 2026, according to Benchmark Mineral Intelligence, in a sign of the continent’s growing importance to the electric vehicle supply chain. of the world’s lithium-ion battery capacity. Graphite mine in Madagascar.
Green Car Congress
JUNE 21, 2022
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
Green Car Congress
OCTOBER 5, 2022
Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. China’s output of cathode active materials increased more than four times between 2018 and 2022. times in the same period.
Green Car Congress
AUGUST 11, 2023
Global EV sales reached 7.7 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 The sales of battery electric commercial vehicles were 0.4 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022.
Green Car Congress
NOVEMBER 17, 2022
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.
Green Car Congress
OCTOBER 18, 2021
Honda last week held a virtual press conference on its electrification strategy in China. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. e:N series.
Green Car Congress
NOVEMBER 26, 2022
Buick will introduce its first electric vehicle in China developed on GM’s Ultium platform later this year. The announcement came shortly after GM announced plans to roll out more than 15 Ultium-based models in China by 2025, and reinforced its commitment to making electric vehicles more connected and intelligent.
Green Car Congress
APRIL 16, 2019
Toyota premiered its C-HR and IZOA battery electric vehicles (BEVs) as part of its activities on the opening day of Auto Shanghai 2019. The C-HR and IZOA will be the first battery-electric vehicles (BEVs) to launch in China under the Toyota brand. million electrified vehicles globally by 2030. C-HR / IZOA EV.
Green Car Congress
MAY 21, 2022
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 million all-electric vehicles a year based on the MEB in the future at its sites in Europe, the US and China. The Salzgitter location is being expanded further into a European battery hub. 4 in Emden.
Green Car Congress
OCTOBER 8, 2020
Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. For example, over the last few years Ipsos has found the highest level of knowledge about BEVs in China. Source: Ipsos. —John Kiser.
Green Car Congress
JANUARY 9, 2022
Tesla’s embrace of lithium iron phosphate (LFP) batteries has propelled the chemistry into the mainstream of the automotive industry. However, more than 90% of the world’s LFP battery cell manufacturing capacity is based in China, according to Benchmark Mineral Intelligence’s Gigafactory Assessment. on prices a year prior.
Green Car Congress
APRIL 21, 2022
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. This surge occurred mostly in China, driven by steel manufacturing.
Green Car Congress
NOVEMBER 26, 2021
China-based EV maker NIO has entered into a strategic partnership with Shell to further its involvement in electric vehicle and energy industries globally. As part of this new strategic cooperation agreement, NIO and Shell will construct and operate battery charging and swapping facilities.
Green Car Congress
AUGUST 21, 2022
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. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00
Green Car Congress
NOVEMBER 26, 2021
Swedish battery materials company Altris AB, which specializes in producing highly sustainable cathode materials for rechargeable sodium batteries, has officially opened its first office in China. CATL has led the way and has announced that there will be a value chain to produce such batteries by 2023. V vs sodium.
Green Car Congress
JUNE 20, 2020
Buick will introduce its first electric SUV, the VELITE 7, in China this year. Developed on GM’s global electric vehicle platform, the VELITE 7 compact SUV will offer an electric range of up to 500 kilometers (311 miles) under New European Driving Cycle (NEDC) conditions on a full charge.
Green Car Congress
JUNE 28, 2022
AERO concept electric sedan in China as a foretaste of the brand’s first global fully-electric sedan. The production version for China is expected to go on sale in the second half of 2023. 4, this model will be our next global car for Europe, China and the US. AERO Li-ion battery has a net energy content of 77 kWh.
Green Car Congress
MARCH 4, 2021
In the last year, there has been an explosive need for EV batteries. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% New Tungsten Production Will Open the Global Supply Chain. Source: Almonty. Should the U.S.
Green Car Congress
FEBRUARY 10, 2022
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. By cell supplier, China-based CATL took the lead in 2021 with a record 87.8
Green Car Congress
MARCH 6, 2020
In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. installed in newly-sold EVs), down from 13% the year prior, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.
Green Car Congress
DECEMBER 4, 2021
The Wall Street Journal reported that China will create one of the world’s largest rare-earths companies with the aim of maintaining its dominance in the global supply chain of the strategic metals as tensions deepen with the US. of China Ltd. I.e., even rare earths mined overseas are sent to China for final processing.
Green Car Congress
AUGUST 20, 2020
General Motors outlined its technology rollout plan for electrification, intelligent driving and connectivity in China. At Tech Day, China’s version of GM’s EV Day held in March in Warren, the company provided a fast-forward look at its technologies developed globally that combine a local perspective.
Green Car Congress
JUNE 6, 2023
Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 55% in May, accounting for 40% of all Volvo cars sold globally during the month. The share of fully electric cars stood at 18%.
Green Car Congress
APRIL 8, 2022
Global Internet of People, Inc. has entered into an investment agreement with the following parties to form a joint venture dedicated to the production of high-grade lithium-ion power battery anode materials. The rapid development of new energy vehicles and batteries around the world has led to a huge demand for lithium-ion batteries.
Green Car Congress
SEPTEMBER 24, 2021
Volkswagen Group China is commencing construction of a battery system production factory in Hefei (Anhui province). VW Anhui Components Company is the first battery system plant to be wholly owned by the Group in China. Stephan Wöllenstein, CEO Volkswagen Group China.
Green Car Congress
MAY 3, 2023
SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. The MOU signing ceremony took place at Sunwoda Group’s headquarters in Shenzhen, China.
Green Car Congress
FEBRUARY 21, 2023
Radar brand was established in 2022 for a new generation of global consumers who demand vehicles that are as sustainable as their adventures into nature. To date, Radar has established 52 stores and 24 experience centers that cover 50 cities across China.
Green Car Congress
MARCH 5, 2020
Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. —Geert Bruyneel, head of global production operations. Volvo XC40 Recharge powertrain.
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