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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

Green Car Congress

Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024. The supply will go beyond 2030.

Global 435
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QuantumScape releases third-party test results for solid-state Li-metal battery confirming Dec 2020 report

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QuantumScape Corporation, a developer of next-generation solid-state lithium-metal batteries for use in electric vehicles, released an independent third-party laboratory testing report on the performance of its solid-state lithium-metal battery cells. 60-80 °C), showing the robustness of a battery’s power capability.

2020 353
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SK On secures US$2B for battery business in Europe

Green Car Congress

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. With a total investment of KRW 3.31 trillion (US$2.5 From the 1.7

Europe 210
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Albemarle and 6K sign joint development agreement to develop novel lithium battery materials; Albemarle to invest in 6K

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Albemarle is developing advanced lithium materials to enable breakthrough levels of lithium-ion battery performance. For example, if a conventional 16-GWh battery cathode production plant was converted to 6K’s UniMelt platform, it would reduce CO 2 emissions by 70% (equal to 10M trees per year); lower water consumption by 90% (6.3M

Battery 243
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Toshiba making SCiB battery business an independent unit; higher energy density batteries with titanium niobium oxide anodes for EVs

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Toshiba Corporation is taking its SCiB rechargeable battery business from Toshiba Infrastructure Systems & Solutions Corporation (TISS) to make it an independent business unit within Toshiba. Positioning the business as an independent operation will remove layers of management and allow for more rapid decision making.

Battery 247
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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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Toyota sold 1.52 million electrified vehicles in 2017, three years ahead of 2020 target; cumulative sales >11.47M

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Toyota Motor Corporation (Toyota) sold more than 1.52 million electrified vehicles (hybrids on up) worldwide in 2017. —Shigeki Terashi, executive vice president, Toyota Motor Corporation. million units by 2030, as announced in December 2017. selling more than 1.5

2017 231