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Cabot Corporation to open new battery application technology center in Europe

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Cabot Corporation plans to establish a new technology center in Münster, Germany. The new technology center will focus on technical collaboration with customers in order to accelerate application innovation for Cabot’s battery materials product lines within Europe.

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LG Chem spinning off battery business

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LG Chem plans to spin-off its global battery business. LG Chem will seek approval from an extraordinary meeting of stockholders on 30 October and officially launch the spin-off—tentatively named LG Energy Solution—as a new corporation exclusively in charge of the battery business from 1 December.

Batteries 382
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Nikola reports momentum in Class 8 battery-electric truck sales in Q2

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Nikola Corporation announced its quarterly deliveries for its battery-electric truck, with wholesale of 45 trucks (up from 31 in Q1) and retail of 66 trucks (up from 33 in Q1) in Q2 ended 30 June 2023. Production dropped to 33 units in Q2 from 63 in Q1.

Batteries 195
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LG Energy Solution and Honda break ground for new JV EV battery plant in Ohio

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Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. Earlier post.) The two companies have committed to invest $3.5

Ohio 259
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024. The supply will go beyond 2030.

Global 435
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Graphene company Anaphite closes £4.1M round led by Elbow Beach Capital; enhancing EV batteries

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Anaphite incorporates graphene into battery materials, via an inexpensive and scalable process that fits directly into existing cell production lines. Anaphite focuses on the enhancement of lithium-ion batteries for the electric vehicle industry. Prior to this, he was a Corporate Strategy Director at Johnson Matthey.

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RecycLiCo Battery Materials and Zenith Chemical announce US$25M Li-ion battery recycling JV in Taiwan

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The initial plant, estimated to cost US$25 million, will be dedicated to processing and converting lithium-ion battery waste into resources such as lithium-ion battery precursor cathode active material, lithium hydroxide monohydrate, and lithium carbonate. Zenith also has a shareholding partnership with Hanwa Co.,

Taiwan 150