article thumbnail

Panasonic and Mazda entering discussions on medium- to long-term partnership for automotive cylindrical Li-ion batteries

Green Car Congress

and Mazda Motor Corporation agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. Automotive cylindrical lithium-ion batteries manufactured by Panasonic Energy: 1865, 2170, 4680. Panasonic Energy Co.,

Mazda 365
article thumbnail

Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

Green Car Congress

QuantumScape Corporation, a developer of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp., Volkswagen and QuantumScape previously announced the formation of a manufacturing joint venture to prepare for the mass production of solid-state batteries for Volkswagen.

Companies 468
article thumbnail

BMW’s GM of battery cell technology joins Wildcat Discovery’s board

Green Car Congress

Wildcat Discovery Technologies, a technology company that uses proprietary high-throughput methods to develop new battery materials rapidly, announced that Dr. Peter Lamp, General Manager of the Battery Cell Technology Group at BMW AG, has joined its Board of Directors. One example is Wildcat’s CM3. Currently, 5V LiNi 0.5

Batteries 365
article thumbnail

Used Car of the Day: 2012 Toyota FJ Cruiser TTSE

The Truth About Cars

Today's UCOTD is a special 2012 Toyota FJ Cruiser. The owner has done some maintenance such as replacing the battery, cabin air filter, the spark plugs, and fluids and oil, including a coolant flush. It's a Trail Teams Special Edition. This one has a six-speed manual and has about 146,500 miles on the odometer.

2012 97
article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

article thumbnail

Samsung SDI to invest US$1.3B in second battery production facility in Malaysia

Green Car Congress

Samsung SDI broke ground on a second battery production facility in Seremban, Malaysi. billion) investment phase-by-phase until completion in 2025, Plant 2 at Samsung SDI Energy Malaysia (SDIEM) will start mass-production of PRiMX 21700 cylindrical batteries (21mm X 70 mm) in 2024. With a total of 1.7 trillion won (US$1.3

Malaysia 199
article thumbnail

POSCO Chemical wins 10-year, $32.6B (40T won) order for NCA cathode materials from Samsung SDI batteries

Green Car Congress

South Korea-based POSCO Chemical signed a contract to supply Samsung SDI with high-nickel NCA cathode materials for electric vehicle batteries for 10 years from this year to 2032. Cathode materials account for more than 40% of the cost of the battery and are key materials that determine capacity and output. This 40-trillion won ($32.6-billion)