Report: China now makes enough batteries for global EV production
Green Car Reports
APRIL 15, 2024
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.
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Green Car Congress
MAY 21, 2022
gigawatt hours (GWh) of lithium ion battery capacity in the pipeline as assessed in Benchmark Mineral Inelligence’s May 2022 Gigafactory Assessment—a 68% year-on-year increase. Outside of China, North America has seen the fastest growth of any region, adding 11 gigafactories to its pipeline since this time last year.
Green Car Congress
OCTOBER 9, 2022
The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
Green Car Congress
MAY 28, 2021
Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. Supplier to domestic Chinese EV market.
Green Car Congress
MARCH 5, 2020
Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. —Geert Bruyneel, head of global production operations. Volvo XC40 Recharge powertrain.
Green Car Congress
DECEMBER 9, 2021
Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. Octillion Power Systems’ factory in Hefei, China.
Green Car Congress
SEPTEMBER 1, 2021
Following the approval of all relevant authorities, BASF and Shanshan have formed the joint venture “BASF Shanshan Battery Materials Co., The newly formed company has four sites in Hunan and Ningxia, China, with more than 1,600 employees. The new entity will be majority owned by BASF (BASF 51% and Shanshan 49%).
Green Car Congress
AUGUST 4, 2022
Electric vehicle manufacturers are searching for a significant increase in energy density, an improvement of fast-charging capabilities, and a reduced cost for lithium-ion batteries. This leads to long-lasting, fast-charging batteries for electric vehicles.
Baua Electric
APRIL 15, 2024
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. China’s declared 2023 battery production alone was close to the actual global demand, according to BNEF, which notes that the U.S.,
Green Car Congress
MAY 21, 2021
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.
Green Car Congress
FEBRUARY 2, 2021
Ford announced that Mustang Mach-E, its first global pioneering SUV built on an all-new, all-electric platform, will be manufactured in China by Changan Ford for local customers. Mustang Mach-E will become available in China later this year. Ford is investing more than $11.5
Green Car Congress
SEPTEMBER 30, 2022
South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Map of Western Australia showing the location of Global Lithium’s assets.
Green Car Congress
APRIL 28, 2021
Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. —Hau Thai-Tang, Ford’s chief product platform and operations officer.
Green Car Congress
JUNE 29, 2022
(LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. Volkswagen has announced it will invest €30 billion to build 6 battery factories in Europe.
Green Car Congress
NOVEMBER 17, 2022
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.
Green Car Congress
JUNE 4, 2023
PPG has inaugurated a battery pack application center (BPAC) in Tianjin, China. The $30-million facility features a full range of capabilities to test the application of PPG coatings technologies, materials and systems for electric vehicle (EV) battery packs, allowing customers to accelerate the development of new EV technologies.
Green Car Congress
SEPTEMBER 10, 2018
Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.
Green Car Congress
JULY 3, 2020
Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., The contract will provide a secure source of supply of battery cells for Mercedes-Benz’s electrification strategy, while Farasis gains security for its planned construction of production capacity.
Green Car Congress
JUNE 21, 2022
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
Green Car Congress
JUNE 20, 2023
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 Manufacturing the additional 2.7 trillion in 2022, IRENA said.
Green Car Congress
AUGUST 7, 2022
Africa could overtake China as the world’s largest producer of natural graphite for lithium ion batteries as soon as 2026, according to Benchmark Mineral Intelligence, in a sign of the continent’s growing importance to the electric vehicle supply chain. of the world’s lithium-ion battery capacity. Graphite mine in Madagascar.
Green Car Congress
OCTOBER 26, 2021
BASF and SVOLT have entered into an agreement in which both parties will partner throughout their global operations with regards to cathode active materials (CAM) development, raw materials supply and battery recycling for SVOLT’s battery cells. SVOLT is a global high-tech company for batteries.
Green Car Congress
APRIL 26, 2023
General Motors and Samsung SDI plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations in 2026. The plant will have more than 30 GWh of capacity and will bring GM’s total US battery cell capacity to about 160 GWh when it is at full production.
Green Car Congress
OCTOBER 8, 2020
Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. For example, over the last few years Ipsos has found the highest level of knowledge about BEVs in China. Source: Ipsos. —John Kiser.
Green Car Congress
MARCH 4, 2021
In the last year, there has been an explosive need for EV batteries. All car manufacturers seem to be following in the same footsteps as Tesla. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5%
Green Car Congress
AUGUST 11, 2023
Global EV sales reached 7.7 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 The sales of battery electric commercial vehicles were 0.4 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022.
Green Car Congress
APRIL 21, 2022
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. This surge occurred mostly in China, driven by steel manufacturing.
Green Car Congress
JANUARY 9, 2022
Tesla’s embrace of lithium iron phosphate (LFP) batteries has propelled the chemistry into the mainstream of the automotive industry. However, more than 90% of the world’s LFP battery cell manufacturing capacity is based in China, according to Benchmark Mineral Intelligence’s Gigafactory Assessment.
Green Car Congress
FEBRUARY 24, 2023
Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey. Earlier post.)
Green Car Congress
MARCH 7, 2023
More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.
Green Car Congress
OCTOBER 5, 2022
Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. China’s output of cathode active materials increased more than four times between 2018 and 2022. times in the same period.
Green Car Congress
MAY 3, 2023
SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. The MOU signing ceremony took place at Sunwoda Group’s headquarters in Shenzhen, China.
Green Car Congress
JUNE 29, 2021
The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Based on company announcements through 2020, about 5% of this global total is actively being invested in local US assembly plants.
Green Car Congress
MARCH 6, 2020
In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. installed in newly-sold EVs), down from 13% the year prior, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.
Green Car Congress
AUGUST 20, 2020
General Motors outlined its technology rollout plan for electrification, intelligent driving and connectivity in China. At Tech Day, China’s version of GM’s EV Day held in March in Warren, the company provided a fast-forward look at its technologies developed globally that combine a local perspective.
Green Car Congress
SEPTEMBER 24, 2021
Volkswagen Group China is commencing construction of a battery system production factory in Hefei (Anhui province). VW Anhui Components Company is the first battery system plant to be wholly owned by the Group in China. Stephan Wöllenstein, CEO Volkswagen Group China.
Green Car Congress
NOVEMBER 26, 2021
Swedish battery materials company Altris AB, which specializes in producing highly sustainable cathode materials for rechargeable sodium batteries, has officially opened its first office in China. CATL has led the way and has announced that there will be a value chain to produce such batteries by 2023. V vs sodium.
Green Car Congress
OCTOBER 18, 2021
Honda last week held a virtual press conference on its electrification strategy in China. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. e:N series.
Green Car Congress
NOVEMBER 26, 2022
Buick will introduce its first electric vehicle in China developed on GM’s Ultium platform later this year. The announcement came shortly after GM announced plans to roll out more than 15 Ultium-based models in China by 2025, and reinforced its commitment to making electric vehicles more connected and intelligent.
Green Car Congress
MAY 21, 2022
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 million all-electric vehicles a year based on the MEB in the future at its sites in Europe, the US and China. The Salzgitter location is being expanded further into a European battery hub. 4 in Emden.
Green Car Congress
SEPTEMBER 1, 2023
The electrolyte additive Trinohex Ultra , manufactured and marketed exclusively by Ascend Performance Materials, is now approved for import into the EU in quantities up to 100 metric tons annually per REACH, the regulation for registration, evaluation and authorization of chemicals in the region.
Green Car Congress
DECEMBER 22, 2022
As of 2026, Audi will only launch all-electric models onto the global market, gradually phasing out production of its combustion models by 2033. Based on this clear decision made as part of its Vorsprung 2030 corporate strategy, Audi is now taking steps to prepare its global facilities for the production of all-electric cars.
Green Car Congress
DECEMBER 30, 2022
Graphex has more ethan a decade of commercial experience producing 10,000 metric tons per annum of battery-grade purified spherical graphite at its facility in Heilongjiang Province, China, for the power battery market. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.
Electrek
NOVEMBER 7, 2023
The US is seriously lagging behind China in battery manufacturing and research, which holds a tight grip on the global battery supply chain. But two US senators are raising a red flag, saying it’s time to turn the ship around and focus on next-generation battery tech.
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