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A123 Systems opening new manufacturing facility in Czech Republic; support for increasing volume of 12V and 48V Li-ion systems

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Li-ion battery manufacturer A123 Systems is expanding its operations in Europe by opening a new manufacturing facility in the Czech Republic city of Ostrava. The opening of the new facility is the result of a substantial surge in European market demand for low-voltage automotive products, a strategic focus of A123.

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Hyundai Mobis to showcase AI-controlled electric concept M.Vision X at IAA Mobility

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T company, which in addition to Hyundai and Kia also supplies components to other well-known automotive carmakers in North America and Asia, will be presenting the latest technology solutions in the following areas: Hydrogen-electric powertrains. In Europe, Hyundai Mobis plans to expand further its market position.

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Czech government, ?EZ sign MOU on $2.4B, 40GWh gigafactory; ?EZ lithium mine project progressing

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EZ signed a memorandum of understanding regarding the construction of a gigafactory for battery cells for electric vehicles. The document sets forth the basic conditions for the establishment of the factory and is a prerequisite for agreements with other potential investors, including automakers and battery manufacturers. ?EZ

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onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market

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We believe that a secure supply of silicon carbide chips will be critical to our ability to continue delivering innovative and efficient eDrive systems for our customers.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

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Euro Manganese enters offtake term sheet with battery-maker Verkor

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Euro Manganese has entered into an offtake term sheet with Verkor , a low-carbon battery manufacturer based in Grenoble, France, for the sale of high-purity manganese sulfate monohydrate (HPMSM) from the company’s Chvaletice Manganese Project in the Czech Republic. Earlier post.) The term sheet is non-binding.

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Euro Manganese produces HPEMM from Chvaletice demonstration plant

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Euro Manganese has produced high-purity electrolytic manganese metal (HPEMM) from its demonstration plant at the Chvaletice Project in the Czech Republic. Upon successful completion of acceptance testing, the company will commence deliveries of plant HPEMM and/or HPMSM to customers. Earlier post.) Mn metal purity.