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

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GFL) registered in Jiangxi (China) have signed a memorandum of understanding on long-term lithium supplies for battery cells. Under the agreement, Ganfeng will supply lithium to the Volkswagen Group and its suppliers for the next ten years. —Michael Bäcker, Head of Corporate Purchasing e-Mobility at Volkswagen Aktiengesellschaft.

Supplies 268
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Baker Institute: China positioning itself to dominate world’s copper supply

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China is positioning itself to dominate the global supply of copper, a material in high demand as the world transitions to alternative energy systems, according to experts from Rice University’s Baker Institute for Public Policy. “If China’s domestic production of copper is inadequate relative to demand, according to the authors.

Supplies 250
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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. million in cash.

Namibia 284
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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

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The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The BMW Group will also source cells manufactured in Europe from the Chinese manufacturer CATL from the plant currently under construction in Erfurt, Germany. —Andreas Wendt.

BMW 239
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Infineon Technologies and SAIC Motor establish power module JV in China

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SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. Volume production is scheduled to start in the second half of 2018. The joint venture SIAPM aims to supply to all customers producing in China.

China 218
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Dana showcasing electrified technologies at Auto Shanghai

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These e-axles are planned for launch in 2018. Chinese auto buyers purchased almost half of all the plug-in electric vehicles sold in the world last year, and Chinese officials have set ambitious goals for the further adoption of hybrid- and electric-powered vehicles in the decades ahead.

Auto 150
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EV startup Byton commissions D?rr for paint shop; EcoInCure technology

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The Chinese start-up Byton, which is developing fully networked and highly automated electric vehicles ( earlier post ) has commissioned Dürr to construct a complete paint shop. In October 2019, the Chinese OEM Future Mobility Corporation (FMC) will begin production of electric vehicles under the Byton brand at its company site in Nanjing.