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Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

Green Car Congress

billion) through 2028 to boost production of copper foil for EV batteries, the company said. trillion KRW (US$2-billion) acquisition of electric foil manufacturer Iljin Materials, and changed Iljin’s name to Lotte Energy Materials , in a bid to boost its battery business. Lotte Chemical plans to invest up to 3 trillion KRW ($2.3

Malaysia 195
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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

Energy 199
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

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The majority of the projects are targeted at making copper foil for lithium-ion batteries to meet demand from EVs. Copper foil is the most commonly used anode current collector in Li-ion batteries; it not only lets electric current flow but also dissipates the heat generated by the battery.

Malaysia 225
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Startup offers EV firms greener graphite in alternative to China – ET Auto

Baua Electric

An alternative energy startup in Malaysia is ready to help electric-vehicle makers source a key ingredient outside of China — using agriculture waste to create graphite. Synthetic graphite , which accounts for most of global production, is typically made from petroleum coke , in an expensive and carbon-intensive process. this month.

China 52
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The Global Outlook of Electric Vehicles

Blink Charging

Needless to say, EV sales are increasing globally. However, there are still challenges ahead, most notably with procuring the raw materials needed for battery production. Supply chain issues and delivery delays also disrupt EV sales in some regions, making it harder for consumers to take receive their new EVs.

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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

Tempe, Arizona-based First Solar’s sixth operational factory expands the company’s global manufacturing footprint to four countries, including the US, Malaysia, and Vietnam. First Solar expects to have 25 GW of yearly global nameplate capacity by 2026. It will have zero wastewater discharge.

India 52
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Sumitomo and US Hybrid partnering to grow hydrogen fuel cell business for commercial vehicles and mass transit

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SC Group will play an integral role in the project by coordinating discussions with OEMs using the integrated trading company’s global network. US FuelCell was established in 2013 after US Hybrid purchased the UTC Power PEM fuel cell Transportation division along with the global PEM IP license. US Hybrid FCe 80. Click to enlarge.