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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

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Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 Battery related projects have accounted for at least $11 billion in investment.

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Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US

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Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the US. Hyundai Motor Group and LGES signed a memorandum of understanding to produce EV batteries in the US. billion (KRW 5.7

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DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

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The US Department of Energy (DOE), through its Loan Programs Office (LPO), announced the closing of a $2.5-billion billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. Ultium Cells Warren, OH. August 2022.

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Volkswagen to introduce electrode dry-coating in battery manufacturing; partnering with Koening & Bauer

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Volkswagen’s PowerCo SE plans to introduce an electrode dry-coating manufacturing process in its battery cell production plants in Europe and Northern America. The new technology will significantly boost efficiency and sustainability in volume battery cell production. Electrodes will be dry-coated and calendered directly.

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Na-ion battery developer Faradion collaborating with battery manufacturer AMTE Power

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UK-based battery manufacturer AMTE Power and Faradion Ltd. , a leader in non-aqueous sodium-ion battery technolog ( earlier post ), announced a collaboration which combines Faradion’s IP with AMTE Power’s design and manufacturing capabilities. These trends will drive a significant increase in the use of battery storage.

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Sakuú develops 3Ah lithium-metal solid-state battery; additive manufacturing platform

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a developer of multi-process additive manufacturing (AM) technology, has produced a 3Ah lithium-metal solid-state battery (SSB) that equals or betters current lithium-ion batteries. These first-generation batteries comprise 30 sub-cells, utilize lithium-metal and a proprietary printed ceramic separator. Earlier post.).

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Factorial Energy to open new solid-state EV battery development and manufacturing facility in Methuen, MA

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Factorial Energy, a developer of solid-state battery technology for electric vehicle (EV) applications, will establish a new advanced manufacturing facility in the Boston suburb of Methuen, Mass. The new facility will produce Factorial’s new solid-state battery cell technology for EVs. Based in Woburn, Mass.,