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Neste to offer public electric vehicles charging service at its stations in Finland

Green Car Congress

Neste is introducing public high power charging (HPC) at its service stations in Finland for light- and medium-duty electric vehicles. Neste MY Renewable Charging adds another option to Neste’s portfolio of solutions in Finland for supporting the transition to low-emission transport.

Finland 344
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Stellantis and Terrafame agree on low-carbon nickel sulfate supply for EV batteries

Green Car Congress

signed a supply agreement for nickel sulfate to be used in electric vehicle (EV) batteries. Beginning in 2025, Finland-based Terrafame will supply Stellantis with nickel sulfate over the five-year term of the agreement. Stellantis N.V. and Terrafame Ltd.

Supplies 210
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Valmet Automotive sees battery systems as the main growth driver

Green Car Congress

Valmet Automotive expects sales from its battery business for electric vehicles (EV) to reach or exceed the level of contract manufacturing of vehicles in just a few years. The growth will focus primarily on the EV Systems business line with its services for the development and manufacture of battery systems.

Finland 210
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Johnson Matthey to exit battery materials business; increased commoditization, lower returns

Green Car Congress

Following a detailed review and ahead of reaching a number of critical investment milestones, the company has concluded that the potential returns from the Battery Materials business will not be adequate to justify further investment. A second eLNO plant is also planned in Finland. —Robert MacLeod, Chief Executive.

Battery 334
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FREYR Battery and Nidec complete formation of joint venture

Green Car Congress

FREYR Battery and Nidec Corporation, a globally leading producer of high-efficiency electric motors and a leader in the energy storage systems (ESS) space, have established a downstream joint venture, now called Nidec Energy AS. FREYR first announced a broad partnership with Nidec in August 2022. Earlier post.).

Battery 150
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Porsche invests in high-performance battery JV Cellforce; Si anodes; BASF NCM cathode materials

Green Car Congress

Porsche and joint venture partner Customcells, a spin-off from Fraunhofer, also announced the launch of production of high-performance battery cells at Porsche’s Weissach Development Center. With this material, it now seems possible to increase the power density compared to current series batteries significantly.

Porsche 284
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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

Green Car Congress

Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide.

Li-ion 170