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Volvo Construction Equipment investing $7.8M in battery pack production at excavator plant

Green Car Congress

Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The Changwon plant in South Korea specializes in the production of excavators and is the biggest excavator production site in Volvo CE. With the SEK 80-million (around $7.8-million)

Volvo 396
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Nano One to acquire Johnson Matthey Battery Materials Canada; JM takes stake in AEM electrolyzer pioneer Enapter

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Battery materials company Nano One Materials has entered into a binding agreement to acquire all of the outstanding shares of Johnson Matthey (JM) Battery Materials Ltd. In November 2021, Johnson Matthey decided to exit the battery materials business, and has been working since to find a buyer or multiple buyers for its related assets.

Canada 199
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Impact Clean Power Technology unveils visualization of GigafactoryX; 4 GWh/year by 2027

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Poland-based battery systems maker Impact Clean Power Technology unveiled a visualization of GigafactoryX—a large-scale battery factory for electric vehicles and energy storage which will be launched in the city of Pruszków, near Warsaw. Its construction will increase Impact’s production capacity to 1.2

Clean 195
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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

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At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The PSC is an electricity storage unit and consists of 96 cell modules with a net capacity of 570 kWh. 4 and have now been given a second purpose.

Charging 334
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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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The implementation of this industrial and commercial ecosystem will take place gradually between 2021 and 2024, replacing the production of new vehicles. based on the integration of the company’s areas of technical expertise (reconditioning of second-hand vehicles, remanufacturing, recycling, batteries).

Economy 397
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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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In addition to concerted research efforts, the Roadmap’s approach includes accelerating the transition of technologies from the lab to the marketplace, focusing on ways to manufacture competitively technologies at scale in the United States, and ensuring secure supply chains to enable domestic manufacturing.

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EU investing €1.8B in 17 large-scale clean tech projects

Green Car Congress

The selected projects cover a wide range of sectors contributing to the EU's decarbonization efforts such as production, distribution and use of green hydrogen, waste-to-hydrogen, offshore wind, manufacturing of photovoltaic (PV) modules, battery storage and recycling, carbon capture and storage, sustainable aviation fuels, and advanced biofuels.

Clean 334