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Foxconn to build EV ecosystem and battery production chain in Kaohsiung, Taiwan

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Foxconn plans to build an EV ecosystem and a complete battery production chain in the southern city as part of its ambition to expand into the EV industry, ranging from the development of EVs to the production of battery packs and cells, and energy storage systems. million (US$50,000) per vehicle.

Taiwan 259
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SunGas Renewables to build $2B green methanol production facility in Louisiana

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announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. SunGas Renewables Inc. The BLRE facility is expected to begin construction in late 2024 with commercial operations commencing in 2027.

Louisiana 284
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ProLogium to build €5.2B gigafactory for solid-state batteries in France

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Founded in 2006, ProLogium has demonstrated its ability to produce solid-state batteries (SSBs) on a large scale; ProLogium’s automated pilot production line—activated in 2017—has supplied nearly 8,000 solid-state battery sample cells to international automotive OEMs for testing and module development.

France 540
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Rock Tech Lithium to build Europe’s first lithium converter in Germany

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Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The company intends to locate all production steps of lithium refining in one overall plant at the Guben site.

Convert 524
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Iberdrola to invest more than €1.1B to build a green hydrogen and methanol plant in Australia; Bell Bay Powerfuels

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Iberdrola Australia and Australia-based hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). First production is scheduled for 2025. Overall Bell Bay facility flow scheme including key processing units, inputs and products.

Australia 435
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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0%

Carbon 352
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Kia starts building facility for electric purpose-built vehicle (PBV) production

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Kia held a groundbreaking ceremony for its dedicated plant for the production of battery-electric purpose-built vehicles (PBV). Kia will invest around one trillion KRW (approximately US$758 million) to secure 99,000 acres of land, with the company planning to start mass-production in the second half of 2025.

Kia 195