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Magna to engineer and produce new off-road EV for INEOS Automotive in 2026

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Magna has been awarded a contract to manufacture an all-new INEOS Automotive electric off-road vehicle, expected to start production in Graz, Austria in 2026. Smaller than the INEOS Grenadier, this all-new battery electric model will deliver world-class off-road capability, without compromising on-road comfort or performance, INEOS said.

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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The European Commission has approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project complements the first IPCEI in the battery value chain that the Commission approved in December 2019 with €3.2 billion (US$3.5

Batteries 482
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MAN Truck & Bus exploring 2nd life, recycling strategies for traction batteries

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MAN Truck & Bus is working on the post-usage strategy for its electric-vehicle batteries. The aim is to extend the life of the batteries in the first step and, if this is no longer possible, to recycle the raw materials contained in them. This can significantly increase the service life of the battery.

Batteries 199
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Benchmark: Saudi Arabia is building an EV battery supply chain

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Although the Saudi government has been investing into the EV sector since 2018, the midstream and upstream segments are still in their early stages, Benchmark noted. The Saudi processing plant will process spodumene from a mine that European Lithium is developing in Wolfsberg, Austria. Earlier post.) Earlier post.)

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Kreisel’s battery pack receives Frosts & Sullivan Tech Leadership award; new production facility opening in September

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Consultancy Frost & Sullivan recently selected Austria-based Kreisel Electric ( earlier post ) as the winner of the 2017 European Electric Vehicle Technology Leadership Award. Kreisel ensures that its battery pack offers maximum capacity with minimum weight. —Frost & Sullivan Industry Manager Prajyot N.

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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018. Outokumpu reported in its interim report for Q1 2018 that high graphite electrode costs were still having a negative impact on steelmaking profits in Europe. Batteries underpin growth in natural graphite.

Price 207
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MAN and Austria’s CNL partnering on medium- and heavy-duty electric trucks; trials this year, production 2018

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As part of its partnership with CNL—a group of fifteen of Austria’s largest companies in the retail, logistics and production sectors—MAN will be making test vehicles available to nine CNL member companies for practical trials from the end of 2017. A display in the cockpit informs the driver about the current battery charge level.

2018 170