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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

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China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. While both countries are leaders in battery and components manufacturing, they do not have the same influence in raw materials refining and mining as China.

Li-ion 459
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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

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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. The Ghent plant will provide important learnings to other manufacturing sites in terms of process optimisation and efficiency.

Volvo 530
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Moscow launches its 500th electric bus; largest electric bus fleet in Europe

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Under the terms of contracts in 2018-2019, domestic manufacturers GAZ and KAMAZ supplied 300 electric buses to Moscow. Moscow’s electric fleet is thus the largest in Europe. The first electric buses took to the streets of the city in autumn 2018.

Fleet 521
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. The supply will go beyond 2030. As early as 2022, Daimler Truck AG’s vehicle portfolio will include series-produced vehicles with battery-electric drive systems in the main sales regions Europe, the United States, and Japan.

Global 435
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European electrolyzer manufacturers commit to boosting capacity tenfold by 2025

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European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. It will improve Europe’s sustainable and secure energy supply and reduce EU’s reliance on Russian gas.

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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

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Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

Slovakia 273
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Toyota Europe establishes Fuel Cell Business Group

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To maximize the opportunities for hydrogen in Europe, Toyota Motor Europe (TME) has established a Fuel Cell Business Group to oversee its hydrogen activities across the region. —Thiebault Paquet, Director of the Fuel Cell Business Group.

Europe 418