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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

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Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 With the new announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59

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SK On, Westwater Resources to develop anode materials; boosting raw battery material supply chain in N America

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SK On, a leading electric vehicle (EV) battery manufacturer, signed a joint development agreement (JDA) with US graphite company Westwater Resources (WWR) as part of efforts to strengthen its battery raw material supply chain in North America following the enactment of the Inflation Reduction Act (IRA).

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Hyundai Motor Group and Seoul National University open joint battery research center; focus on Li-metal and solid-state

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Hyundai Motor Group announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). This collaborative effort between the Group and SNU aims to advance battery technologies and foster industry-academia cooperation to establish global leadership in the battery field.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

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SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

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Adamas: 93% of all xEVs sold in 2018 used permanent magnet traction motors

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In 2018, 93% of all passenger BEVs, PHEVs and HEVs sold globally used permanent magnet (PM) traction motors, an increase of 1% over 2017 penetration rates, according to a model-by-model build-up using Adamas Intelligence’s “ EV Motor Power and Motor Metals Tracker ”.

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Honda partners with CATL on Li-ion EV batteries; 56 GWh by 2027

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CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Under the agreement, CATL will become Honda’s partner in the field of lithium-ion EV batteries. CATL will guarantee the supply to Honda of about 56 GWh of lithium-ion EV batteries before 2027.

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Leclanché to provide battery technology for Canadian Pacific’s hydrogen-powered locomotive project

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Leclanché SA will provide its proprietary battery technology to Canadian Pacific (CP) for its innovative Hydrogen Locomotive Program. In 2018, year-over-year, Canada's freight rail sector’s workload, measured by gross ton-miles, increased by 6.2%, and increased 10.1% million in 2018 versus 2017. Earlier post.)

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