article thumbnail

Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

Li-ion 458
article thumbnail

Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239
article thumbnail

Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

Green Car Congress

Consumption has benefited from the restructuring of the Chinese steel industry and from the new regulations prescribing stricter standards for construction. The maximum power output and minimum charging time of a lithium-ion battery depend on both ionic and electronic transport. The paper (Griffith et al. ) Griffith et al.

Li-ion 378
article thumbnail

Saft, Tianneng to create Li-ion JV in China; up to 5.5 GWh plant

Green Car Congress

Saft, a subsidiary of Total, has signed an agreement with Tianneng Energy Technology (TET), a subsidiary of the Chinese privately-owned Tianneng Group, to create a joint venture (JV) to expand their lithium-ion battery activity. Manufacturing will be based at the Changxing Gigafactory, with a potential capacity of 5.5

Li-ion 207
article thumbnail

BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

Green Car Congress

China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. While both countries are leaders in battery and components manufacturing, they do not have the same influence in raw materials refining and mining as China.

Li-ion 459
article thumbnail

Li-ion maker Boston Power secures US$290M from two local Chinese governments for expansion

Green Car Congress

Li-ion maker Boston Power has secured US$290 million in local government financial support for the expansion of its two facilities in China. The company’s Liyang facility will receive a total investment of $160 million, increasing its manufacturing capacity fivefold by 2016. —Sonny Wu, chairman of Boston Power.

Boston 218
article thumbnail

LANXESS enters battery chemistry business; Li-ion electrolyte production in Leverkusen, Germany

Green Car Congress

Starting next year, the Group will produce electrolyte formulations for lithium-ion batteries for the Chinese company Tinci. Tinci) is a leading global manufacturer of lithium-ion battery materials. For production, LANXESS will use a plant operated by its subsidiary Saltigo, a global custom manufacturer.

Li-ion 244