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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. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

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Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia.

Serbia 321
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Rio Tinto to invest ~$200M to progress the Jadar lithium project to feasibility study stage; jaderite

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Rio Tinto has approved an additional investment of almost $200 million to progress the next stage of the development of the lithium-borate Jadar project in Serbia. The Jadar deposit contains high-grade mineralization of boron and lithium supporting a long-life operation in the first quartile of operating costs for both products.

Serbia 243
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Rio Tinto declares maiden ore reserve at Jadar; major potential source of battery-grade lithium carbonate

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Rio Tinto disclosed to the Australian Securities Exchange (ASX) a maiden Ore Reserve and updated Mineral Resource at its 100% owned Jadar lithium-borates project in western Serbia. It represents a significant investment for Serbia with both direct and indirect economic benefits, and would become the country’s second largest exporter.

Carbon 170
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Pre-series-production eActros 300 Tractor drives 3,000 km from Germany to Turkey for testing

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Test engineers chose a route across Austria, Slovenia, Croatia, Serbia and Bulgaria for the trip. Two eActros as two and three-axle vehicles—in series production since the end of 2021—accompanied the eActros 300 Tractor along the entire route. Series production of the e-truck is scheduled to start in the fall of this year.

Turkey 397
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Rio Tinto commits $2.4B for Jadar lithium project; planning 58,000 tons/year lithium carbonate by 2029

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billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium projects. The project remains subject to receiving all relevant approvals, permits and licences and ongoing engagement with local communities, the Government of Serbia and civil society. Rio Tinto has committed $2.4 Earlier post.)

Serbia 397
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UNECE Adopts Type Approval for Electric and Hybrid Vehicles’ Electric Safety Requirements; Applies in 41 Countries

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The new version of the regulation offers car manufacturers the legal instrument to put into the market passenger and commercial vehicles with greener standards, reducing the costs and delays associated with multiple approvals in various countries. Conformity of production by the manufacturer in agreement with the Approval Authority.

Hybrid 199