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

Green Car Congress

The company, which supplies batteries to automakers including Ford, Hyundai and Volkswagen, currently operates seven factories in the United States, Hungary, China and South Korea and is currently in construction of seven more plants. SK On ranked ninth in terms of global EV battery market share in 2019, but has shot up to fifth this year.

Supplies 259
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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Plus, SK On has installed capacity to support the scaling of Ford’s high-volume F-150 Lightning and E-Transits through late 2023—scaling NCM cell production beyond earlier-planned levels from its Atlanta facility and providing new battery cell capacity from its Hungary operation. Driving to more than 2 million EVs by late 2026.

Ford 221
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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

Green Car Congress

These will complement ExxonMobil’s holdings in the United States, Canada, Germany, Poland, Hungary and Argentina. XTO’s resource base is the equivalent of 45 trillion cubic feet of gas and includes shale gas, tight gas, coal bed methane and shale oil.

Oil 186
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EU-Funded Project Targets Sustainable Production of Ethyl Levulinate from Biomass as Diesel Miscibile Biofuel

Green Car Congress

In addition to the Carbolea Research Group, the DIBANET consortium comprises partners from Argentina, Brazil, Chile, Denmark, Greece, Hungary and the UK. The DIBANET project has received €3.73 million (US$5.5 million) under the Energy Theme of the EU’s Seventh Framework Programme (FP7).

Diesel 218
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China’s new energy buses are re-exported to Europe

Setec Powerr

At present, Zhongtong Bus’s mature new energy bus product solutions have successively entered South Korea, Argentina, Chile, Paraguay, Hungary, Egypt and other countries, making important contributions to global energy conservation and emission reduction.

Europe 40
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Ford will use module-less LFP batteries from CATL

Push EVs

Plus, SK On has installed capacity to support the scaling of Ford’s high-volume F-150 Lightning and E-Transits through late 2023 – scaling NCM cell production beyond earlier-planned levels from its Atlanta facility and providing new battery cell capacity from its Hungary operation. Driving to more than 2 million EVs by late 2026.

Ford 105
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Micro-components in EVs: small dimensions and tight tolerances (Whitepaper) – Charged EVs

Baua Electric

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