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Lithium-ion Battery Manufacturers in India

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In the previous few years, India has doubled its imports of lithium-ion (Li-ion) batteries and more than tripled its import cost. Lithium-ion batteries are imported into India from China, Japan, and South Korea. Now let us look into some of the key players in the Lithium-ion sector in India.

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Group14 Technologies and SK materials form JV to build plant for lithium-silicon battery materials

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Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.

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SK Innovation to build $1.67B EV battery manufacturing plant in Georgia

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South Korea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. SK Innovation has applied high energy density ternary materials to lithium-ion batteries for mass production.

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Benchmark Minerals: Europe’s EV gigafactory capacity pipeline to grow 6-fold to 789.2 GWh to 2030

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Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. By end-2022, Europe is set to have 7 active lithium-ion battery producers of which the top five by capacity (and gigafactory location) are: LG Chem (Poland): 32 GWh.

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IDTechEX: solid-state battery market will grow to $8B by 2031

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Major solid-state battery players globally. Therefore, even the initial generations of solid-state batteries may have similar, or even less energy density than conventional lithium-ion batteries, the energy available in the battery pack can be comparable or even higher than the latter. Source: IDTechEx.

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Aqua Metals and Yulho form strategic partnership for sustainable lithium battery recycling in S Korea

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Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea. For the equity investment, Yulho has agreed to the purchase of approximately 4.5

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Neste and LG Chem building a strategic partnership to drive the polymers and chemicals industry transformation towards a circular bioeconomy

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LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months. LG Chem will start replacing fossil feedstock commonly used in the manufacturing of polymers and chemicals with Neste Renewable Hydrocarbons in the upcoming months.

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