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Gotion High-Tech launches new L600 LMFP Astroinno battery; single-cell energy density of 240Wh/kg

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China-based Gotion High-Tech launched its L600 Astroinno lithium manganese iron phosphate (LMFP) battery cell and pack at the 12 th Gotion Technology Conference. It is due to the high energy density of Astroinno battery that we can enable a range of 1000km without relying on NCM materials.

Energy 475
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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

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The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year. Source: DOE.

2008 475
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Cummins invests $24M in flow battery leader VoltStorage

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Cummins has invested $24 million in Germany-based VoltStorage, a developer of stationary flow batteries. The company says that it has the largest fleet of operating flow batteries in the world. By investing in VoltStorage, we are taking steps to advance solutions focused on the grid and energy storage. Source: VoltStorage.

Battery 467
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Proterra opens EV battery manufacturing line in electric bus factory

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Proterra has opened a new battery production line co-located in its EV bus manufacturing facility in Los Angeles County. The new battery production line will manufacture Proterra’s battery packs featuring next-generation cells.

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Meta Materials acquires assets and IP of Optodot; battery separators and coating technology

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Optodot is a developer and licensor of nano-composite battery separators and infrared optical coating technologies, based in Devens, Massachusetts. META’s Advanced Materials and Battery Products group will continue joint development, licensing, and manufacturing scale-up of Optodot’s technology in partnership with leading OEMs.

Battery 481
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Proterra and LG Energy Solution in long-term supply agreement for US-manufactured EV battery cells

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Proterra has concluded negotiations with LG Energy Solution on a new agreement that will provide Proterra with a long-term supply of cylindrical cells produced at an LG Energy Solution battery cell manufacturing plant in the United States. manufactured battery cell capacity on an annual basis.

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Mercedes-Benz Energy, Beijing Electric Vehicle start development partnership on 2nd-life battery storage

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Daimler AG, with its wholly owned subsidiary Mercedes-Benz Energy GmbH, and Beijing Electric Vehicle Co., BJEV), a subsidiary of the BAIC Group, have entered into a development partnership to establish second-life energy storage systems in China in the future. —Gordon Gassmann, CEO of Mercedes-Benz Energy.

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