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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.

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New JV in China to produce high-grade Li-ion power battery materials

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has entered into an investment agreement with the following parties to form a joint venture dedicated to the production of high-grade lithium-ion power battery anode materials. The rapid development of new energy vehicles and batteries around the world has led to a huge demand for lithium-ion batteries. Shanghai Huiyang Investment Co.,

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. Boston-Power, Inc., Existing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated in the round.

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LG Chem to Build $ 303M Li-ion Plant in Holland, MI

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will build its new $303 million lithium-ion battery manufacturing facility in Holland, Michigan. Scheduled for groundbreaking this summer, the 650,000 square-foot facility will be financed in part from a $151.4 LG Chem Ltd. Initially, the plant will make cells for the Chevrolet Volt. Michigan Governor Jennifer M.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

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The polyhedra aid the eye in seeing the ions grouped as (green) Fe/Mg-enclosing octahedra and (yellow) phosphate tetrahedra. The (blue) oxygen ions are made very small to permit viewing of the arrangement of the other ions. a provider of lithium-ion batteries, modules and packs. Click to enlarge. ton trucks. “

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

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In its most recent 8K filing with the Securities and Exchange Commission (SEC), Li-ion battery maker A123 Systems said a number of circumstances have raised “ substantial doubt on [its] ability to continue as a going concern.”. A123 Systems has been the recipient of a number of state and federal grants and tax incentives.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

One wonders if the recent headway at MIT in building lithium ion cells using ?virus? Engineering proptypes enjoy a tax break. Companies can not sell engineering prototypes in which the company got R&D tax breaks in developing the product. We are addicted to the gasoline tax both at the State and Federal level.

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