Hong Kong-listed FDG Electric Vehicles Limited has confirmed plans to build a new battery Gigafactory and separate EV production facility in China’s Sichuan province.
Chinese firm Do-Fluoride Chemicals Co., Ltd plans to raise around CNY1.7 billion ($258 million) to produce materials for automotive lithium batteries and battery pack manufacturing.
US private equity group Tiger Infrastructure Partners has led a GBP50 million ($66.5m) investment in UK firm Battery Energy Storage Solutions (BESS).
An international study into the potential of batteries to power energy storage systems and electric vehicles of the future is to be reviewed, after it was admitted that research focused purely on lithium-ion.
California energy storage start-up Romeo Power has completed construction of a 113,000 square-foot lithium-ion battery pack manufacturing facility in Los Angeles.
Japanese auto giants Toyota and Suzuki have agreed the next steps to launching a range of electric vehicles in India by “around 2020” using locally made lithium-ion batteries.
Chicago-based lithium-ion battery developer SiNode Systems has teamed up with Pittsburgh firm PPG to “accelerate the commercialisation” of high-energy anode materials for advanced battery applications in electric vehicles.
German battery manufacturer Akasol has launched production of its high-performance lithium-ion systems for commercial vehicles at its new EUR10 million ($11.7m) plant in Langen, near Frankfurt.
German automotive supplier Continental is reportedly mulling investments in solid-state battery production in a bid to compete with electric vehicle battery manufacturers in the US and Asia.
The CEO of India’s Amara Raja Batteries said the firm is braced for further hikes in the price of lead into 2018— but that it has “mitigated” the impact through existing contracts.