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

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Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

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

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At IAA Mobility 2021 (7-12 September 2021), Hyundai Mobis, the global N° 7 automotive supplier, will unveil the M.Vision X , an AI-included concept car for full autonomous driving, in a European premiere. In Europe, Hyundai Mobis plans to expand further its market position.

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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. Euro Manganese is a battery materials company focused on becoming a leading producer of high-purity manganese for the electric vehicle industry. Earlier post.)

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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

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GWP processing routes using both grid-mix electricity and renewable electricity were evaluated in-line with LCA best-practice and Global Battery Alliance requirements for the battery passport. This further supports the move to high-manganese cathode chemistries, with manganese being the most affordable and green battery metal.

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Volkswagen Group China building battery system factory in Anhui to strengthen BEV value chain

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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. Thus, Anhui is an important pillar of our global battery strategy.

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