This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
SolarEdge Technologies and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. The opening of Sella 2 is an important milestone for SolarEdge.
The Korea Advanced Institute of Science and Technology (KAIST) is trialing a bus application for its Online Electric Vehicle (OLEV) technology, a dynamic wireless charging technology that recharges a vehicle’s battery while the vehicle is in motion. Electric (Battery) Fleets Infrastructure Plug-ins Smart charging'
Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. Last year, Volvo Cars signed long-term supply agreements with two leading global battery suppliers, CATL of China and LG Chem of SouthKorea.
Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, SouthKorea. The Changwon plant in SouthKorea specializes in the production of excavators and is the biggest excavator production site in Volvo CE. With the SEK 80-million (around $7.8-million)
Boston-based SES AI Corporation, a developer of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles and other applications, has incorporated its subsidiary SES Korea and plans to build a pre-production facility in SouthKorea. It’s all about speed and winning the race.
In the last year, there has been an explosive need for EV batteries. in the April report for the Institute for Supply Management’s Manufacturing Index. This primarily includes dealing with a strained supply chain on critical raw materials, like tungsten, to produce all of those EV-powered automobiles, cranes, trucks and more.
SouthKorea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Map of Western Australia showing the location of Global Lithium’s assets.
SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, SouthKorea. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.
A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Major solid-state battery players globally.
The BMW Group and Samsung SDI have signed a memorandum of understanding (MoU) to expand their supply relationship for battery cells for electro-mobility. Samsung SDI will supply the BMW Group with battery cells for the BMW i3, BMW i8 and additional hybrid models over the coming years. Earlier post.) Earlier post.)
Canada-based NEO Battery Materials Ltd.—which —which intends to become a silicon anode materials supplier to the EV industry— entered into a Memorandum of Understanding (MOU) with South Korean silicon powder manufacturer, Korea Metal Silicon Co., Korea Metal Silicon Co.
Volvo Car Group has signed long-term agreements with leading battery makers CATL and LG Chem to ensure the multi-billion dollar supply of lithium-ion batteries over the coming decade for next generation Volvo and Polestar models. In China, batterysupply will benefit from the scale of the wider Geely Group.
SouthKorea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. million tons of lithium reserves—enough to make batteries for about 370 million electric cars, according to POSCO. The plant will be constructed by the first half of 2024. Initially, POSCO estimated that the site had 2.2
SB LiMotive, the 50:50 Li-ion joint venture between Samsung SDI and Bosch ( earlier post ), has struck a 10-year exclusive lithium-ion batterysupply deal with Delphi of the United States. SB LiMotive plans to start production in 2011 at a plant under construction in Ulsan, SouthKorea. Earlier post.) Earlier post.).
SouthKorea-based SK Energy said it has been chosen as a supplier of lithium-ion batteries for a hybrid electric vehicle project for Daimler commercial vehicle subsidiary Mitsubishi Fuso; Daimler holds 85% of Fuso. Earlier post.).
With a 5% loading of NEO’s silicon into the anode material of the lithium-ion battery, which implies a 19-to-1 ratio between graphite and silicon, the initial capacity of the commercial plant will be able to supply to 160,000 electric vehicles.
an automotive manufacturer headquartered in SouthKorea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024. Located near Seoul, SouthKorea, Myoung Shin is a parts supplier and automotive manufacturer for numerous first tier OEMs.
SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplyingbattery separators. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.
South-Korea-based POSCO has acquired silicon anode startup Tera Technos for 47.8 billion won (US$37 million), as the steelmaker enlarges its position within the Li-ion batterysupply chain. POSCO intends to invest $20 billion into the lithium-ion supply chain between now and 2030. Earlier post.)
SouthKorea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. SK Innovation has applied high energy density ternary materials to lithium-ion batteries for mass production.
SB LiMotive, the 50:50 Li-ion battery joint venture between Robert Bosch and Samsung SDI, will supply Li-ion battery packs to Mahindra & Mahindra for a new hybrid SUV from the Indian company in 2013. SB LiMotive is headquartered in Giheung, SouthKorea—which is also where cells are developed and validated.
SouthKorea-based SK Energy Co. will provide Li-ion batteries ( earlier post ) to Hyundai Motor and Kia Motors for electric vehicles (EVs), beginning with the i10 ( earlier post ). The i10 will have a single charge range of 160 km (99 miles) and a top speed of 130 km/h (81 mph). Earlier post.). Earlier post.).
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in SouthKorea.
On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025.
Qorvo, a global provider of connectivity and power solutions, and SK Siltron CSS, a semiconductor wafer manufacturer, finalized a multi-year supply agreement for silicon carbide (SiC) bare and epitaxial wafers.
and SouthKorea-based LG Chem will jointly develop an advanced automotive lithium-ion battery system. LG Chem will first supply lithium-ion batteries for electric prototype vehicles on which Mitsubishi Motors is working. The Nikkei reports that Mitsubishi Motors Corp. Earlier post.). Earlier post.).
Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. Benchmark will explore this topic at its upcoming Battery Megafactories Europe 2022 , 22-23 March, Berlin, Germany.). million EVs. Samsung SDI (Hungary): 20 GWh.
Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes.
The MOU establishes a process for appointing Integrated Energy to be the dealer of Detroit Electric products in Jeju Island, SouthKorea. Jeju Island, equipped with the most comprehensive electric vehicle charging infrastructure in SouthKorea, has set its sights on becoming a zero car-emissions zone by 2020.
SK Innovation has broken ground for an automotive Li-ion battery plant in Seosan, South Chungcheong Province, SouthKorea. Scheduled to be completed next year, the W250 billion facility will be able to produce batteries for some 25,000 electric vehicles per year (US$1=W1,080).
Granholm announced that LG Chem will establish a new electrolyte production plant in Holland in West Michigan, expanding the state’s batterysupply chain. The governor made the announcement during her three-day investment mission to SouthKorea. million to support its Michigan operations.
EIG will supply 20Ah NCM Li-ion polymer cells to Miljøbil Grenland AS. awarded SouthKorea-based Energy Innovation Group Ltd. EIG) a contract to supplybatteries for the Indica Vista EV project ( earlier post ), a development of the TATA Indica Vista. (EIG) Within the supply agreement, EIG Ltd.
Pike Research forecasts that global sales of electric vehicle supply equipment (EVSE) will grow at a compound annual growth rate (CAGR) of 37% between 2012 and 2020 as the global market for plug-in vehicles (PEVs) grows, rising from less than 200,000 units sold in 2012 to almost 2.4 The new Pike Pulse Grid for EVSE manufacturers.
Moving forward on their Heads of Agreement signed earlier this year at the Detroit Auto Show ( earlier post ) Korea-based SK Innovation and the international automotive supplier Continental signed an agreement to found a jointly managed company to develop, to produce and to market automotive Li-ion battery systems.
SpaceX reportedly signed a batterysupply agreement with LG Energy Solution (LGES). Local media outlets in SouthKorea—where LGES is based—have reported on the agreement between SpaceX and the battery supplier. An LGES representative seemingly confirmed the news to Business Korea.
The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). This will transform the economic case for batteries in both the vehicle and the electricity sector.
The new entity produces and markets Lioaccum carbon nanotube (CNT) conductive dispersions for lithium-ion battery cathodes specifically developed for electric vehicles (EVs). Mass production at the Ujhartyan Factory, which employs 30 people, started in July 2022.
DuPont has introduced a nanofiber-based polymeric battery separator that boosts the performance and safety of lithium-ion batteries. DuPont Energain battery separators can increase power 15 to 30%, increase battery life by up to 20% and improve battery safety by providing stability at high temperatures, according to DuPont.
SouthKorea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered SouthKorea one of the top candidates for a Tesla factory in Asia, reported Reuters.
SouthKorea-based POSCO Chemical signed a contract to supply Samsung SDI with high-nickel NCA cathode materials for electric vehicle batteries for 10 years from this year to 2032. Cathode materials account for more than 40% of the cost of the battery and are key materials that determine capacity and output.
The Volkswagen Group has selected SouthKorea-based battery manufacturer SK Innovation (SKI) as the fourth major supplier of battery cells for electric vehicles based on the Modular Electric Toolkit (MEB). The Group needs battery capacity in excess of 150 GWh per year through 2025 just to equip its own electric fleet.
The rapid growth of the hybrid and electric vehicle segment could potentially cause demand for electrical steel to outpace supply from 2025, according to a new report by a team of analysts from the Automotive Supply Chain and Technology team at IHS Markit. Supply is extremely limited in North America.
The Korea Times reports that SouthKorea-based Samsung SDI says it has another “ big deal ” with an automaker “ in the pipeline ”; company officials declined to reveal the name of the automaker. share of the world market for lithium-ion batteries in 2009, with Samsung SDI holding a 15.1%
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content