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Prayon and Pulead to create JV for manufacture and sale of lithium iron phosphate material for Li-ion batteries

Green Car Congress

Major cathode material producer Pulead (China) and phosphate leader Prayon (Belgium) have entered into an agreement to form a joint venture for the manufacture and sale of lithium iron phosphate (LFP) under licence from LiFePO 4 +C Licensing LLC. The joint venture will help meet the increasing global demand for licensed LFP.

Li-ion 150
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CATL accelerates overseas expansion as it outgrows China’s booming EV market

Baua Electric

CATL is doubling down on its global expansion efforts as it seeks more growth in overseas markets. It was also the only manufacturer with a +30% share. Although higher NEV sales typically equate to more growth for CATL, rival BYD is quickly gaining market share, negatively impacting CATL. share of the market.

Market 52
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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

According to Felipe Munoz, Global Analyst at JATO Dynamics: “As the economic outlook has continued to improve, the car market has gone from strength to strength. JATO’s data revealed that these vehicles were responsible for 61% of total sales in February 2024, in comparison to the 62% registered in February 2019. in February last year.

Chinese 52
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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

The BMW Group is deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. Every cell generation is awarded in global competition to the leading manufacturer from both a technology and a business perspective. Limited) and Samsung SDI. billion for the BMW Group and €2.8

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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

According to Nissan, elsewhere in the world the global motorization average is 182 vehicles per 1,000 people versus 42 per 1,000 in Africa. Japan’s third-largest carmaker by sales wholly owns manufacturing plants in Egypt and South Africa and has been in Africa for more than 60 years.

Tunisia 52
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Renault Group sells 2.23 million vehicles in 2023, India now 13th in Top 15 markets | Autocar Professional

Baua Electric

The Renault Group has increased its worldwide sales by 9%, compared to 2022, to 2,235,345 vehicles in calendar year 2023. With this result, the Renault Group moves up to the third place among car manufacturers in Europe, thanks to three strong, complementary, and value-creating brands. Volumes up 18.6% in a market up 13.9%.

India 52
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Umicore and Prayon form beLife JV to develop and produce phosphate-based cathode materials for lithium-ion batteries

Green Car Congress

property includes Prayon’s worldwide license for the production and sale of LFP materials granted by LiFePO 4 +C. Prayon is a leading global producer of phosphate materials for various industrial applications and its high-purity. Jointly owned by OCP SA (Office Chérifien des Phosphates, Morocco) and SRIW (Belgium), Prayon.