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Vianode invests US$194M in battery anode graphite plant in Norway

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Vianode , a company owned by Elkem, Hydro and Altor, has decided to invest in its first industrial scale plant for sustainable battery materials at Herøya in Norway. The investment of around NOK 2 billion (US$194 million) will create new industrial jobs and provide critical battery materials. Plant concept. Source: Vianode.

Norway 259
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FREYR Battery awarded $3B, 31 GWh inaugural offtake agreement with leading global ESS provider

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FREYR Battery, a developer of clean, next-generation battery cell production capacity, has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems (ESS). —Tom Jensen.

Global 221
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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

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New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.

Volvo 455
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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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Data and analytics company GlobalData forecasts that the demand for lithium needed for the production of lithium-ion batteries for use in EVs will more than double from 26.7kt in 2018 to 58.3kt in 2022. According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% In 2017, 1.1 million by 2022.

Global 284
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IDTechEx: Nio spearheading battery swapping expansion beyond China

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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.

China 434
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China and Norway Lead the World’s EV Switchover

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The move would have raised market share of all-electric vehicles in the U.S. Norway, more ambitiously still, aims to eliminate sales of new ICE vehicles by 2025. It stands to reason that Norway is far ahead of the rest of the world in terms of EV adoption. Even if Washington hadn’t buckled to outside pressure, the U.S.

Norway 89
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Panasonic, Equinor and Hydro partner to explore potential for European battery business

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Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The findings from this initial exploratory phase will form the basis for subsequent decisions.