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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Map of Western Australia showing the location of Global Lithium’s assets.

Supplies 259
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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

Green Car Congress

According to the California Independent System Operator, battery storage capacity in the state has increased by nearly 20 times since 2019—from 250 megawatts (MW) to 5,000 MW. Today’s fleet of storage resources can capture enough electricity to power up to 5 million California homes.

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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

Green Car Congress

China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. This has led to a boom in European cell plants, and the rest of the supply chain is also slowly making its way to Europe.

Li-ion 459
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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

Green Car Congress

Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. Manganese is a key stabilizing element in the cathode of EV batteries.

Australia 387
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Octillion to supply high-density batteries to FNM for 1,000 electric trucks for beverage maker Ambev

Green Car Congress

Battery maker Octillion Power Systems will supply advanced lithium-ion batteries to Brazilian manufacturer FNM (Fábrica Nacional de Mobilidades) for the production of 1,000 electric trucks for beverage maker Ambev. Agrale has been on the Brazilian and international market for nearly 60 years. Earlier post.).

Supplies 393
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Volvo Trucks opens its first battery plant; cells and modules from Samsung SDI

Green Car Congress

Volvo Trucks is opening its first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks. Each battery pack has a capacity of 90 kWh and the customer can choose to have up to six battery packs (540 kWh) in a truck.

Volvo 435
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SolarEdge e-Mobility to supply electrical powertrain and battery solution for Fiat E-Ducato

Green Car Congress

will begin to supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial vehicle. Spa (SMRE), a provider of innovative integrated powertrain technology and electronics for electric vehicles, in January 2019. SolarEdge Technologies, Inc. —Zivi Lando, SolarEdge CEO.

Supplies 221