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Thailand’s EV industry growing rapidly

Green Car Congress

The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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

Green Car Congress

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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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

Green Car Congress

Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. Manganese is a key stabilizing element in the cathode of EV batteries.

Australia 387
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

Green Car Congress

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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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. AIDA specialises in metal forming equipment for the industry.

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Stellantis partner Samsung SDI teases new EV battery factory in the United States

Teslarati

Stellantis partner Samsung SDI hinted at the possibility of building a new EV battery factory in the United States. Stellantis and SDI entered into a multi-billion-dollar joint venture (JV) in October 2021 to produce lithium-ion batteries for the North American market. Although, it does run a battery pack assembly line in Michigan.

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Nikkei: China boosts domestic rare earths quota by nearly 30%

Green Car Congress

China has increased its production quota for rare-earth metals by close to 30% for the first half of this year, according to a report by the Nikkei. Although it is the world’s dominant producer of rare earths, China still imports the minerals from abroad—primarily from Myanmar, Malaysia and Vietnam.

China 301