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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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Researchers in China report 711.3 Wh/kg Li-ion battery cell

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In a paper in Chinese Physical Letters , researchers from the Chinese Academy of Sciences report manufacturing practical pouch-type rechargeable lithium batteries with a gravimetric energy density of 711.3 Current advanced practical lithium-ion batteries have an energy density of around 300 Wh⋅kg −1. g·A −1 ·h −1.

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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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Report says lithium from California’s Salton Sea can anchor US battery supply chain

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Developing lithium from the Salton Sea in California can help anchor a multi-billion dollar domestic electric vehicle battery supply chain and inject thousands of jobs and billions of dollars into California’s economically disadvantaged Imperial Valley, according to a new report from New Energy Nexus. Earlier post.).

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium is expected to trade at 484,185.00 by the end of this quarter. Source: Trading Economics. Earlier post.).

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Nissan and Sunwoda jointly to study battery development for e-POWER vehicles

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and Sunwoda Electric Vehicle Battery Co., will begin studying joint development of next-generation vehicle batteries for Nissan’s e-POWER vehicles. The two companies will also discuss the development of an efficient production system to ensure stable supply capacity for jointly developed batteries. Nissan Motor Co.,

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BMW introduces electric 3 Series for Chinese market

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The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. Fine tuning of the BMW i3 eDrive35L’s suspension systems to Chinese road conditions has been carried out by the BMW Brilliance Automotive Ltd.

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