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.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
Teslarati
MARCH 19, 2024
A Tesla Megapack-based battery energy storage system (BESS) has gone live in Scotland, in partnership with TagEnergy and Harmony Energy. Credit: TagEnergy “Battery energy storage systems are vital for unlocking the full potential of renewable energy in the UK,” said Peter Kavanagh, Harmony Energy CEO.
Green Car Congress
DECEMBER 31, 2020
Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.
Green Car Congress
DECEMBER 22, 2020
The US Department of Energy (DOE) released the Energy Storage Grand Challenge Roadmap , the Department’s first comprehensive energy storage strategy. billion into energy storage research and development—$400 million per year, on average.
Green Car Congress
JULY 15, 2020
The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2
Green Car Congress
MARCH 13, 2020
BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.
Green Car Congress
APRIL 7, 2023
During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)
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. billion kilometers driven on its systems.
Green Car Congress
MARCH 23, 2023
Alkegen has begun commercial production of its silicon fiber anode material platform, SiFAB. The company’s new SiFAB production line is an extension of its established large-scale manufacturing facility in New Carlisle, Indiana. Alkegen has 75 manufacturing facilities operating in 12 countries and employs 9,000+ employees globally.
CN EV Post
APRIL 9, 2023
The Megafactory is planned to initially produce up to 10,000 units of commercial energy storage batteries per year, with an energy storage scale of nearly 40 GWh, and the product will be available to the global markets.
Green Car Congress
SEPTEMBER 5, 2014
Global power and automation technology group ABB and BYD Co., announced today a strategic global collaboration to develop new solutions for energy storage, building on their complementary strengths. The scope of the collaboration focuses on the following applications: Grid-connected energy storage.
Green Car Congress
JANUARY 23, 2019
Saudi Arabia-based SABIC, a global leader in diversified chemicals, has taken a majority stake in Black Diamond Structures (BDS), a nanotechnology company established in 2014. In particular, BDS provides benefits to battery manufacturers looking for breakthrough improvements in charge rates, battery cycle life and energy density.
Green Car Congress
FEBRUARY 6, 2020
Stealth-mode electrochemical energy storage startup SPARKZ Inc. has exclusively licensed five battery technologies from the Department of Energy’s Oak Ridge National Laboratory (ORNL) designed to eliminate the use of cobalt metal in lithium-ion batteries. SPARKZ Inc. I look at this as a very strategic partnership.
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
DECEMBER 25, 2018
a leading developer and manufacturer of energy storage and power delivery technology, has simultaneously signed and closed a definitive agreement to sell its High Voltage (HV) product line to Renaissance Investment Foundation. Maxwell Technologies, Inc., million for Maxwell—approximately 21% of the total revenue reported.
Blink Charging
FEBRUARY 1, 2024
As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?
CN EV Post
OCTOBER 1, 2023
The Megafactory is planned to initially produce up to 10,000 units of commercial energy storage batteries per year, with an energy storage scale of nearly 40 GWh, and the product will be available to the global markets.
Green Car Congress
OCTOBER 5, 2022
Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. In 2030, 56% of LFP production in China is forecast to be from Tier three producers. times in the same period.
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
MAY 21, 2021
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. Series production of the eActros will start in the second half of this year. The supply will go beyond 2030.
CN EV Post
MARCH 20, 2023
(Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. The energy storage battery business is Gotion's second-largest business after power batteries. billion, or 76.51
Green Car Congress
SEPTEMBER 2, 2020
Group14 Technologies, a provider of silicon-carbon composite materials for global lithium-ion markets, announced that it has been selected as a winner of the Department Of Energy’s Energy Storage Grand Challenge and will receive a $3.96-million million award.
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.
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
DECEMBER 20, 2021
FREYR Battery, a developer of clean, next-generation battery cell production capacity, has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems (ESS). —Tom Jensen.
Green Car Congress
DECEMBER 5, 2019
The new plant is the third production facility in the company’s global battery production network. The production facilities are highly standardized and flexible. The high variety of product variants of the local market require very flexible and efficient production and facility concepts.
Green Car Congress
JANUARY 31, 2019
As part of a strategy to continue providing low-emissions solutions for harsh offshore operating environments, Siemens has opened a fully robotized and digitalized plant in Norway that will develop and manufacture energy storage technologies for both marine and offshore oil and gas applications. Copyright: Neil Robertson.
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. TWh of batteries needed by 2030 will require $201 billion and the midstream production of battery materials will take the remaining $93 billion.
Green Car Congress
JANUARY 16, 2023
Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business.
Green Car Congress
NOVEMBER 20, 2021
Limited (CATL) and ZF Group signed a global strategic partnership agreement to push forward cooperation in aftermarket services, including service network, battery-related training, connectivity, recycling and reuse, etc. Contemporary Amperex Technology Co.,
Green Car Congress
JANUARY 12, 2023
It will support growing market demand for clean hydrogen generation using water electrolyzers, energy storage in flow batteries, and hydrogen conversion to power fuel cell vehicles, and contribute to European and broader global efforts to enable the clean energy transition.
Green Car Congress
AUGUST 9, 2022
Foxconn plans to build an EV ecosystem and a complete battery production chain in the southern city as part of its ambition to expand into the EV industry, ranging from the development of EVs to the production of battery packs and cells, and energy storage systems.
Green Car Congress
AUGUST 20, 2021
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion is a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems. Earlier post.) —Paul Beach.
Green Car Congress
OCTOBER 23, 2017
Hydro-Québec and the US Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) have agreed to explore collaborations toward the research and development of manufacturing and scale-up technology to advance transportation electrification and energy storage. —Berkeley Lab Director Mike Witherell.
Green Car Congress
JULY 1, 2022
The serial production of the BMW i3 has ended , some eight and a half years after it was launched. At the same time, the BMW Group Plant Leipzig becomes the first location in the company’s global production network where BMW and MINI models are manufactured together. The BMW i3 (combined power consumption: 16.3 - 15.3
Green Car Congress
MARCH 18, 2021
This collaboration grants AMTE Power a license to manufacture and sell sodium-ion cells (to be incorporated into battery packs) for Energy Storage Solutions (ESS) for defined fields of use and geographies. AMTE Power has branded its sodium-ion product “Ultra Safe” due to its improved safety and enhanced thermal stability.
Green Car Congress
DECEMBER 28, 2022
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
Baua Electric
FEBRUARY 2, 2024
The forum covered a spectrum of topics, including an overview of battery fires in India, battery standards, design validation requirements, and a global EV battery safety overview. Reflecting on the challenges faced globally, he underscored the need for comprehensive safety guidelines and heightened awareness.
Green Car Congress
JULY 23, 2022
Samsung SDI broke ground on a second battery production facility in Seremban, Malaysi. billion) investment phase-by-phase until completion in 2025, Plant 2 at Samsung SDI Energy Malaysia (SDIEM) will start mass-production of PRiMX 21700 cylindrical batteries (21mm X 70 mm) in 2024. With a total of 1.7 trillion won (US$1.3
Green Car Congress
APRIL 1, 2014
GKN plc, the global engineering group, has acquired Williams Hybrid Power Limited (WHP) from Williams Grand Prix Engineering Limited. WHP specializes in the design and manufacture of composite flywheel-based energy storage systems, initially focused on the bus, truck and tram markets. million (US$13.3 Earlier post.).
Green Car Congress
JANUARY 21, 2014
MEGTEC Systems, a global supplier of engineered systems and environmental and energy solutions to advanced manufacturing facilities, has become an affiliate to the US Department of Energy’s Joint Center for Energy Storage (JCESR). Earlier post.). —MEGTEC President and CEO, Dr.
Green Car Congress
AUGUST 5, 2021
SK Innovation has decided to spin off its battery production and exploration & production (E&P) business as independent companies. tentative name) will be responsible for the medium-to-large-sized EV batteries, Battery-as-a-Service (BaaS), and Energy Storage System (ESS). The SK E&P Co., Earlier post.). Earlier post.).
Green Car Congress
JULY 12, 2017
These buses will not only be the first Solaris buses to include BAE Systems hybrid systems for propulsion, but also the first buses to use BAE’s newest energy storage system, the ESS-3G-1K. —Ian Wilson, Global Business Development director for BAE Systems.
Green Car Congress
NOVEMBER 23, 2019
Valmet Automotive has started the production of EV battery packs in its new plant in Salo, Finland. The battery plant project has progressed on schedule, and with the ramp up of production volumes, Valmet Automotive will continue recruiting more employees to the Salo plant.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content