article thumbnail

Magna to supply battery enclosures for Silverado EV

Green Car Congress

Magna has secured new business from General Motors (GM) to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. Clair, Michigan, where it already produces the battery enclosure for the GMC HUMMER EV. Magna is also making battery enclosures for the Ford F-150 Lightning. F150 Lightning battery enclosure.

Silverado 435
article thumbnail

Octillion Power Systems enters US bus market to supply batteries for motorcoaches, city buses

Green Car Congress

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.

Supplies 418
article thumbnail

Solvay and Orbia to create JV to supply PVDF to battery market; largest capacity in N America

Green Car Congress

With more than half of US car sales projected to be electric by 2030, demand for lithium-ion batteries and PVDF, a thermoplastic fluoropolymer used as a lithium-ion binder and separator coating, is soaring. Solvay, a global leader in PVDF, brings process technology and global market know-how to this venture.

Supplies 273
article thumbnail

SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

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.

Supplies 199
article thumbnail

Cobalt Institute: cobalt market weakened since 2022 peak, but in longer term, demand will outpace supply

Green Car Congress

The Cobalt Institute’s Cobalt Market Report, prepared by Benchmark Mineral Intelligence, finds that cobalt market conditions have weakened substantially since the price peak in 2022. This dynamic will likely remain through to 2024, the report says, as a plentiful and growing supply surplus maintains pressure on prices.

Supplies 259
article thumbnail

TEPCO and Toyota develop stationary storage battery system using EV batteries

Green Car Congress

(TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

Toyota 416
article thumbnail

Veloz: California EV market continues strong growth; Q1 strongest quarter to date; 16.32% market share

Green Car Congress

California’s EV market continues to grow, according to data gathered by Veloz , a non-profit which tracks and reports on growing electric vehicle (EV) sales data in California, market trends, and infrastructure build-out. Electric vehicles include battery-electric, plug-in hybrid-electric and fuel cell electric vehicles.

Market 468