UK-based investment firm Gore Street Energy Storage Fund has unveiled plans to raise GBP100 million ($139m) in an initial public offering to invest in utility-scale energy storage projects.
German auto giant Mercedes-Benz is to invest in a lithium-ion battery assembly plant in Thailand for its plug-in hybrid electric vehicles (PHEVs).
South Korean battery maker Samsung SDI is part of an international consortium cleared to invest in developing battery materials facilities in Chile.
Japan’s Panasonic has shipped its first prismatic automotive lithium-ion batteries from a new factory in Dalian, China.
China’s CATL has reportedly bought a 90% controlling stake in a Canadian lithium firm— to shore up supplies of the key raw material for its expanding global battery business.
Johnson Controls International (JCI), the biggest western player in the global battery market has fuelled speculation that it could be preparing to sell its Power Solutions division— essentially all of its lead-acid and lithium business.
A backdoor attempt to “choke off” supplies of key raw materials for Europe’s lead-acid battery industry could face a legal battle, BBB can reveal.
The prestigious Japan Prize for science and technology has been awarded to Dr Akira Yoshino for his “significant contributions” to development of the lithium-ion battery, US-based separator firm Daramic has announced.
The Middle Eastern state of Jordan has announced plans to step up exploration for lithium, after initial tests indicated the country could be sitting on high levels of the metal.
Chinese lead-acid battery giant Camel is to build a pilot lithium-ion battery recycling and anode material production plant in Central China.