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Solvay and Orbia to create JV to supply PVDF to battery market; largest capacity in N America

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Solvay and Orbia have entered into a joint venture framework agreement to create a partnership for the production of suspension-grade polyvinylidene fluoride (PVDF), creating the largest capacity in North America. Solvay, a global leader in PVDF, brings process technology and global market know-how to this venture.

Supplies 273
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Volvo Trucks leading market in Europe and in N America for electric heavy-duty trucks

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Volvo Trucks leads the market in Europe and in North America for heavy electric trucks after the first quarter of 2023. Now, its electric product range is being made available in new markets in Asia, Latin America and Africa. The group is also investing in a charging corridor in North America.

Volvo 210
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Seven major automakers partner to build fast-charging network across N America; CCS and Tesla NACS

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Seven major global automakers—BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV—will create a joint venture to build a new charging network that will significantly expand access to high-powered charging in North America.

America 284
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Ensorcia to invest €200M to build lithium hydroxide conversion plant in Europe

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Chile-based Ensorcia Metals , a specialist in the extraction and transformation of high purity lithium, will invest €200 million to build a lithium hydroxide conversion plant in Europe. Ensorcia holds there the exclusive license to operate the modular DLE technology from its long-standing partner IBAT.

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Vingroup member VinES and Li-Cycle launch global battery recycling partnership

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Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)

Li-ion 273
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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion A tech-heavy ESG company mining in the emerging markets is a rare find.

Global 199