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, 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
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
MARCH 4, 2021
In the last year, there has been an explosive need for EV batteries. 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% in the April report for the Institute for Supply Management’s Manufacturing Index.
Green Car Congress
NOVEMBER 17, 2022
Molicel ), a supplier of lithium-ion battery cells, entered into a memorandum of understanding for Molicel to manufacture and supply the battery cells for Archer’s production electric vertical takeoff and landing (eVTOL) aircraft, Midnight. gigawatt-hours (GWh) of battery capacity annually.
Green Car Congress
JULY 27, 2023
Africa’s mined lithium production output is set to increase more than ten-fold this decade, according to Benchmark’s Lithium Forecast. This will increase the region’s strength in the supply of critical minerals beyond cobalt, which the continent has historically dominated.
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
MARCH 26, 2022
Vale Canada and lithium-ion cell producer Northvolt AB announced a multi-year agreement for Vale to supply low-carbon nickel products to Northvolt, reinforcing the companies’ shared commitment to sustainability in the electric vehicle supply chain and electrification of the broader mining industry.
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
APRIL 23, 2021
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.
Green Car Congress
AUGUST 29, 2021
POSCO has begun production of high-purity nickel—required for secondary batteries—at SNNC. Last May, POSCO took a 30% stake in the Australian company Ravensthorpe, which specializes in nickel mining and refining production. The 20 thousand tons of materials from the factory can support 500,000 EVs, POSCO said.
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 terawatt-hours by 2030, up from around 1 TWh this year.
Green Car Congress
FEBRUARY 19, 2023
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)
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 4) and Hanover will also commence production this year. In addition, production of the iconic ID. The Salzgitter location is being expanded further into a European battery hub. 4 in Emden.
Green Car Congress
MARCH 15, 2021
Canada has released a list of 31 minerals considered critical for the sustainable economic success of Canada and its allies—minerals that can be produced in Canada, are essential to domestic industry and security and have the potential to support secure and resilient supply chains to meet global demand. —Seamus O’Regan Jr.
Green Car Congress
OCTOBER 12, 2022
SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs).
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. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.
Green Car Congress
SEPTEMBER 8, 2023
Rimac Technology, a leading provider of high-performance automotive technology solutions to global OEMs, has partnered with battery maker EVE Energy. EVE will focus on cell manufacturing while Rimac Technology will focus on the development and high-volume production of a battery module and pack platform using the cells.
Green Car Congress
AUGUST 24, 2022
Volkswagen Group (Volkswagen AG) and the Government of Canada signed a Memorandum of Understanding (MoU) to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. Possible production sites are currently being examined.
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
JULY 15, 2022
The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.
Green Car Congress
NOVEMBER 4, 2022
Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)
Green Car Congress
JUNE 27, 2023
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.
Green Car Congress
APRIL 26, 2023
Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America.
Green Car Congress
JANUARY 14, 2021
Octillion Power Systems, a global provider of advanced lithium-ion batteries, is providing battery packs for all-electric motorcoaches and city transit buses offered by ABC Companies and Lightning eMotors. The order marks the company’s first time supplying batteries for motorcoaches and buses in North America.
Green Car Congress
OCTOBER 28, 2022
FREYR Battery announced a new service agreement with ITOCHU Corporation, the Japan-based global trading and import/export company. As part of this agreement, ITOCHU will serve as a direct materials supplier for FREYR’s procurement and supply chain operations. ITOCHU and FREYR are both investors in 24M Technologies, Inc.,
Green Car Congress
NOVEMBER 4, 2022
Solvay and Orbia have entered into a joint venture framework agreement to create a partnership for the production of suspension-grade polyvinylidene fluoride (PVDF), creating the largest capacity in North America. Solvay, a global leader in PVDF, brings process technology and global market know-how to this venture.
Green Car Congress
AUGUST 13, 2022
Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules by expanding its battery supply relationship with CATL through CATL’s newly announced battery plant in Debrecen, Hungary. Robin Zeng, founder and Chairman of CATL.
Green Car Congress
OCTOBER 7, 2020
Developing lithium from the Salton Sea in California can help anchor a multi-billion dollar domestic electric vehicle battery supply chain and inject thousands of jobs and billions of dollars into California’s economically disadvantaged Imperial Valley, according to a new report from New Energy Nexus. Earlier post.).
Green Car Congress
JUNE 8, 2023
Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.
Teslarati
FEBRUARY 29, 2024
Panasonic Energy signed a long-term supply agreement with H&T Recharge for lithium-ion battery cans in North America. H&T Recharge is a battery component manufacturer supplying cylindrical batteries for rechargeable lithium-ion batteries.
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
JULY 6, 2022
Under the terms of the MoU, Compass Minerals would supply LGES with with a battery-grade lithium product from its lithium brine development project at its Ogden, Utah, solar evaporation facility. Securing key raw materials has become critically important, in order to maintain our lead position in the global battery market.
Green Car Congress
AUGUST 21, 2022
Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. The only lithium production in the United States currently is from one brine operation in Nevada. Lithium is expected to trade at 484,185.00 Source: Statista.
Green Car Congress
APRIL 21, 2022
Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities. (The
Green Car Congress
NOVEMBER 14, 2022
Limited (CATL) and Daihatsu Motor, a wholly-owned subsidiary of Toyota, announced an MOU of Strategic Cooperation on battery supply and battery technologies to promote e-mobility in Japan. CATL and Daihatsu intend to promote the application of advanced battery technologies including CTP (cell-to-pack) and BMS.
Green Car Congress
JULY 8, 2022
The Volkswagen Group broke ground for its first cell factory in Salzgitter; production will start in 2025. With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. Future gigafactory for battery cells at the Salzgitter site: Salzgiga. Unified cell.
Green Car Congress
APRIL 27, 2023
onsemi, a provider of intelligent power and sensing technologies, and premium electric mobility brand ZEEKR have entered a long-term supply agreement (LTSA). The new LTSA will enable both companies to build a stronger supply chain relationship to support ZEEKR’s growth over the next decade.
Innovation News Network
AUGUST 4, 2022
Curtin University’s Professor Jacques Eksteen explores the Australian lithium industry and its role in the global battery supply chain. Lithium is most commonly used for rechargeable batteries in our mobile phones, laptops, digital cameras, home and grid energy storage, and electric vehicles (EVs).
Green Car Congress
APRIL 26, 2023
Siro , a joint venture between Farasis Energy and Turkish global mobility technology brand Togg ( earlier post ), has started production at the new Gemlik site in Turkey on 31 March. The plant, with a capacity of 3 GWh/annum, will produce battery modules and packs based on Farasis Energy’s high-performance lithium-ion technology.
Green Car Congress
FEBRUARY 28, 2023
Evonik is investing in a production plant expansion for fumed aluminum oxide at its site in Yokkaichi, Japan. The facility will be the company’s first alumina plant in Asia, focusing on the production of specialty solutions for lithium-ion battery technologies, used for electric vehicles.
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
AUGUST 16, 2023
However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. The study then compares project demand post-IRA to available supply, given IRA rules around sourcing in terms of country of origin for production and processing.
Green Car Congress
NOVEMBER 16, 2021
We are very pleased to progress and expand our relationship with Glencore, a global leader in the supply and recycling of battery raw materials and in the production of cobalt. The supply contract follows the Letter of Intent between FREYR and Glencore announced on 9 February 2021.
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