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BMW Group to build logistics center for high-voltage batteries in north of Leipzig

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This will produce a logistics hall for the current fifth-generation high-voltage batteries and an office building, both of which are due to reach completion in mid-2024. When all the construction work is complete, the new buildings at the Supply center North will provide workplaces for approximately 500 employees.

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NTT DATA and DENSO building industry-wide dataspace for EV batteries

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NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data. The two companies were officially approved as business operators in September 2022.

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EU-funded project Recirculate seeks to create new business models for repair, reuse, and recycling of second-life batteries

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million for the Recirculate project, which will address the most pressing challenges in the European battery recycling sector and battery materials logistics. The main goal of the project is to enhance end-of-life battery repair, reuse, remanufacture and recycling. The European Union has awarded €4.9

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LG Energy Solution and SK Innovation to end all legal disputes over EV batteries in US and Korea

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LG Energy Solution and SK Innovation have agreed to settle all legal disputes relating to EV batteries in the United States and Korea. The companies agreed to withdraw all pending legal disputes in United States and Korea, and agreed to a ten-year non-assertion. In this agreement, the two companies agreed to the following terms.

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Blackstone Battery production capacity to increase tenfold

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Blackstone Resources AG announced that its German subsidiary Blackstone Technology GmbH will increase its battery production capacity tenfold to 500 MWh per annum by 2022 for Li-ion batteries, which contain 3D-printed battery electrodes, at Blackstone’s Döbeln site in Saxony.

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US releases signed MOU with Congo and Zambia to strengthen EV battery value chain

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The US Department of State released the signed Memorandum of Understanding (MOU) on electric vehicle battery value chains signed by the United States on 13 December 2022, during the Africa Leaders Summit. The DRC produces more than 70% of the world’s cobalt.

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Mercedes-Benz announces strategic partnership and equity stake in Chinese battery cell manufacturer Farasis

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Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., The contract will provide a secure source of supply of battery cells for Mercedes-Benz’s electrification strategy, while Farasis gains security for its planned construction of production capacity.

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