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POSCO Chemical, GM in large-scale CAM supply agreement to support EV growth

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recently announced a binding agreement for a large-scale supply of Cathode Active Material (CAM) to help GM meet its fast-growing EV production needs. CAM is a key battery material consisting of components like processed nickel, lithium and other materials representing about 40% of the cost of a battery cell.

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Honda and LG Energy Solution to invest initial $3.5B in JV 40 GWh EV battery plant in Ohio

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Honda and LG Energy Solution announced that their new joint venture (JV) battery plant will be located in Fayette County, Ohio, about 40 miles southwest of Columbus, where the two companies will commit to investing $3.5 billion and creating 2,200 jobs, pending final government approvals. Earlier post.). In April 2022, Honda Motor Co.,

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NEO Battery Materials to expand into US with subsidiary; silicon anodes and battery materials

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NEO Battery Materials, a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries ( earlier post ), is under the process to establish NBM America, a US subsidiary, in February. The Ohio R&D Center and office will be added for the first phase of the US business expansion plan.

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Jacobs and Cirba Solutions expand sustainable battery processing in US

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Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

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GM and Element 25 to expand US EV supply chain with domestic manganese sulfate production

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General Motors and Australia-based Element 25 Limited announced an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate (MnSO 4 ) annually to support the annual production of more than 1 million GM EVs in North America. GM continues to strengthen its domestic supply base for EV production.

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DOE awarding $75K to Cirba to expand battery recycling as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Of that, $75,000 will go to one project in the recycling segment of the supply chain. Earlier post.)

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LGES & Honda battery plant in Ohio starts construction on $3.5 billion facility

Teslarati

LG Energy Solution (LGES) and Honda’s joint electric vehicle (EV) battery plant started construction on the facility, installing the first steel beam on the site in Jeffersonville, Ohio. LGES and Honda expect to complete construction on their new battery cell facility by the end of 2024.

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