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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

Green Car Congress

The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry. In October 2020, the China Society of Automotive Engineers released a technology roadmap, under the guidance of the Ministry of Industry and Information Technology.

Hyundai 277
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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company.

Namibia 284
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MAN propane-fueled ME-LGIP to power Chinese VLGC

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Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. HFO-burning engines to 6G60ME-C9.5-LGIP

Chinese 317
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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. CATL) is building its first plant outside of China in Thuringia, Germany. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. GWh in 2017—making it Nº 1 globally.

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

Green Car Congress

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL) is building its first plant outside of China in Thuringia, Germany. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. GWh in 2017—making it Nº 1 globally.

Germany 150
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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

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The rapid increase in vehicle electrification in the automotive industry will have a major impact on global raw material markets. This specialized team is focusing on building close relationships with the raw material industry. Stefan Sommer, Group Board Member for Components and Procurement at Volkswagen Aktiengesellschaft.

Chinese 268
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Magna and BAIC to form two JVs to engineer and build premium EVs for customers in China; first production in 2020

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The Zhenjiang facility where Magna and BJEV plan to engineer and build electric vehicles for the Chinese market. The plant has the capacity to build up to 180,000 vehicles per year. —Xu Heyi, Chairman of BAIC Group. Earlier post.)

2020 225