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Toyota invests more in the United States for battery & BEV production

Teslarati

Toyota is taking the leap and investing more in the United States. The veteran automaker plans to invest more in its North Carolina battery plant in preparation for a new battery-electric SUV. The new SUV will be Toyota’s first battery electric vehicle (BEV) assembled in the United States.

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Cenntro Begins Production of Battery Packs in United States and Germany Facilities

Electric Cars Report

Cenntro Electric Group Limited has begun to assemble and produce battery packs using lithium iron phosphate (“LFP”) battery cells and Cenntro’s proprietary battery management technologies. The battery packs are being assembled at Cenntro’s Freehold, NJ facility and the Herne Plant in Germany.

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Cenntro Begins Production of Battery Packs in United States and Germany Facilities

Electric Cars Report

Cenntro Electric Group Limited has begun to assemble and produce battery packs using lithium iron phosphate (“LFP”) battery cells and Cenntro’s proprietary battery management technologies. The battery packs are being assembled at Cenntro’s Freehold, NJ facility and the Herne Plant in Germany.

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DOE: EV battery manufacturing capacity in N America in 2030 projected to be nearly 20 times greater than in 2021

Green Car Congress

A wave of new planned electric vehicle battery plants will increase North America’s battery manufacturing capacity from 55 Gigawatt-hours per year (GWh/year) in 2021 to 998 GWh/year by 2030, according to the US Department of Energy (DOE). To optimize supply chain logistics, many battery plants will be co-located with automotive plants.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant.

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

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.

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Accelera by Cummins, Daimler Truck, PACCAR form US JV for battery cell production; EVE Energy technology partner for LFP

Green Car Congress

Accelera by Cummins, the zero-emissions business unit of Cummins; Daimler Trucks & Buses US Holding LLC [a Daimler Truck Group Company]; and PACCAR are partnering to accelerate and localize battery cell production and the battery supply chain in the United States.

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