article thumbnail

SK Innovation to spin off battery business and E&P business

Green Car Congress

tentative name) will be responsible for the medium-to-large-sized EV batteries, Battery-as-a-Service (BaaS), and Energy Storage System (ESS). tentative name) will be in charge of oil exploration and production business, and the Carbon Capture & Storage (CCS) business. The SK Battery Co., The SK E&P Co., Earlier post.).

article thumbnail

Mercedes introducing EQB compact electric SUV in Shanghai

Green Car Congress

The market launch in China is scheduled for this year. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022. Following the EQA 250 (combined electrical consumption: 15.7 The EQB in the global production network.

Mercedes 243
article thumbnail

Greenfuel Energy partners with lithium battery company EVE Energy – ET Auto

Baua Electric

New Delhi: Greenfuel Energy Solutions , leading provider of clean mobility solutions and Energy Storage Systems (ESS) has partnered with EVE Energy Co., a global leading lithium battery company based in China.

Energy 52
article thumbnail

Mercedes-Benz Rastatt plant to produce compact electric EQ vehicles; 3rd center of competence for EQ models in Germany

Green Car Congress

The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. In addition to traction batteries, ACCUMOTIVE will produce batteries for Mercedes-Benz energy storage units and 48-volt-systems. Earlier post.)

Mercedes 186
article thumbnail

China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

—Yayoi Sekine, head of energy storage at BNEF. Germany and Hungary will increase their battery manufacturing capability to match Poland, as cell and component plants come online in coming years. Most European countries declined in their overall performance this year with Finland and Czechia being the only exceptions.

Supplies 195
article thumbnail

Mercedes-Benz unveils Concept CLA Class at IAA; based on electric-first MMA platform

Green Car Congress

It also features innovative battery cell chemistry as well as a high level of integration enabling excellent energy density. When connected to a compatible bidirectional DC charging station, the vehicle becomes an energy storage device that could, for example, store solar power for use later. Production.

Mercedes 195