Remove 2017 Remove Battery Remove Chinese Remove Global
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

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Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The focus of the 14 GWh plant is on the automated production and intelligent production of batteries. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84

Germany 170
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The focus of the 14 GWh plant is on the automated production and intelligent production of batteries. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84

Germany 150
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. NOVONIX Anode Materials LLC, a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017. Earlier post.) Of that, $1.6

Parts 459
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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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Roskill: refined lithium supply expected to treble to 900kt by 2027, driven by use in batteries

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Growth in the consumption of lithium accelerated in 2017 by more than 10% on 2016 levels to reach 211,000t lithium carbonate equivalent (LCE), according to a new report by Roskill. Automotive applications were the largest market for Li-ion batteries in 2017, with Chinese sales of plug-in electric vehicles (PEV) increasing by around 20% y-o-y.

Supplies 218
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BMW opens new Shanghai R&D center; focus on human-machine interaction and hardware-software integration

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Today, more than 3,200 designers and engineers, NEV and software specialists are creating leading-edge innovations in close collaboration with Chinese tech players, start-ups, local partners as well as academia. Within BMW Group’s global R&D network, China is the only country outside Germany with full-process R&D capabilities.

BMW 370