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LG Chem charges Li-ion trade secrets theft, files Federal suit against SK Innovation

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for misappropriation of Li-ion battery trade secrets, tortious interference with prospective economic advantage and other. the lithium-ion battery division of LG Chem, which developed the world’s. first commercial pouch-type Li-ion battery for automobiles. highly valued lithium ion battery trade secrets.

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Stellantis and LG Energy Solution to form JV for Li-ion battery production in N America; 40 GWh plant

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Stellantis and LG Energy Solution have entered into a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. The transaction is subject to agreement on definitive documentation and customary closing conditions, including regulatory approvals.

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Starfire Energy closes major funding round; green ammonia and hydrogen solutions

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Starfire Energy, a Colorado-based developer of modular chemical plants for the carbon-free production of ammonia and hydrogen, has closed a major funding round. Proceeds will be used to advance the development of commercial-scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

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Li-Cycle Holdings Corp. and the US Department of Energy (DOE) Loan Programs Office (LPO), through its Advanced Technology Vehicles Manufacturing (ATVM) program, have entered into a conditional commitment for a $375-million loan.

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Swiss battery maker ecovolta building 200 MWh automated Li-ion battery pack assembly plant

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The Swiss company ecovolta is building a fully automated Li-Ion battery pack assembly plant in Schwyz with an annual capacity of 200 MWh. The energy density reaches 480 Wh per liter. This will make it one of the largest such plants in Europe after its launch in September 2018. —Paul Hauser, CTO at ecovolta.

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FREYR and 24M sign licensing and services agreement for mass production of Li-ion battery cells; Glencore for raw materials

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FREYR AS and 24M Technologies signed a definitive License and Services Agreement to use 24M’s SemiSolid lithium-ion battery platform technology ( earlier post ) in FREYR’s planned facilities in Mo i Rana, Norway. —Tom Jensen, the CEO of FREYR. 24M’s SemiSolid battery cell simplifies and enables stronger recycling opportunities.

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Stellantis and Samsung SDI to form JV for Li-ion battery production in North America; 23 GWh to start

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Earlier this week, Stellantis and LG Energy Solution entered into a memorandum of understanding to form a joint venture to produce battery cells and modules for North America in a projected 40 GWh plant due to come online by the first quarter of 2024. Earlier post.).