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Redwood Materials to build next Li-ion battery recycling and remanufacturing center in South Carolina

Green Car Congress

Redwood Materials will build its next Battery Materials Campus just outside of Charleston, South Carolina. Currently, anode and cathode components are not produced in North America, and battery cell manufacturers have to source them via a 50,000+ mile global supply chain. billion in the local community.

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South Carolina becomes battery hotbed with $1.6 billion in investments

Teslarati

A series of massive investments from Albemarle and Cirba Solutions is set to make South Carolina a hotbed for lithium battery production. Now, South Carolina has become a hotbed for lithium-ion battery production, thanks to two massive investments from 2 separate leaders in the battery industry.

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Toray to expand carbon fiber supply to Boeing in $8.6B deal

Green Car Congress

Japan-based Toray Industries, Inc. has agreed in principle to supply carbon fiber TORAYCA prepreg for the production of the new 777X aircraft by The Boeing Company. The total value of prepreg Toray Group will supply for both 787 and 777X programs for the contract period is expected to exceed ¥1 trillion (US$8.6

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Benchmark’s analysis shows that the expansion of the global lithium industry will need $51 billion of investment.

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GM boosting face mask production; sharing mask manufacturing plans

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And we recognize it would be counterproductive for GM—or any other manufacturer—to compete for supplies with existing medical mask companies. —Shilpan Amin, GM vice president of Global Purchasing and Supply Chain.

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CATL to supply BMW with cylindrical cells for EVs starting in 2025

Teslarati

Contemporary Amperex Technology Co (CATL) said it would begin supplying German automaker BMW with cylindrical battery cells for its next generation of electric vehicles beginning in 2025. BMW operates an assembly plant in Spartanburg, South Carolina, and already has a partnership with CATL in Europe.

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NuHub, S.Carolina and Holtec parter to compete for $226M DOE SMR award

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NuHub, the State of South Carolina and Holtec International, Inc., Earlier post.).