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Volvo Construction Equipment investing $7.8M in battery pack production at excavator plant

Green Car Congress

Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The new facility at the Changwon plant will produce a wide range of common electric storage solutions (battery packs) for Volvo Group and become a core competence center for electric excavators.

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Vattenfall, BMW and Bosch test second-life EV battery electricity storage in Hamburg for grid stabilization

Green Car Congress

Vattenfall, BMW and Bosch are testing the use of second-life EV batteries in a 2 MW, 2,800 kWh energy storage system in Hamburg, Germany, to keep the electricity grid stable. The electricity storage facility comprises 2,600 battery modules from more than 100 electric vehicles.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

Green Car Congress

Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. These combine as many batteries as are needed for tailor-made solutions with capacity ranging from less than 100 kilowatt hours up to 15 megawatt hours or more.

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Nano One to acquire Johnson Matthey Battery Materials Canada; JM takes stake in AEM electrolyzer pioneer Enapter

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Battery materials company Nano One Materials has entered into a binding agreement to acquire all of the outstanding shares of Johnson Matthey (JM) Battery Materials Ltd. In November 2021, Johnson Matthey decided to exit the battery materials business, and has been working since to find a buyer or multiple buyers for its related assets.

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DOE announces finalists of Geothermal Lithium Extraction Prize

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Demand for lithium—a critical material used in batteries for electric vehicles, grid-scale electricity storage, phones, and laptops—has grown rapidly in recent years, with global demand expected to increase 500% by 2050.

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Impact Clean Power Technology unveils visualization of GigafactoryX; 4 GWh/year by 2027

Green Car Congress

Poland-based battery systems maker Impact Clean Power Technology unveiled a visualization of GigafactoryX—a large-scale battery factory for electric vehicles and energy storage which will be launched in the city of Pruszków, near Warsaw. Its construction will increase Impact’s production capacity to 1.2

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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

Green Car Congress

At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The PSC is an electricity storage unit and consists of 96 cell modules with a net capacity of 570 kWh. 4 and have now been given a second purpose.

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