Lithium Australia (LA) and China’s DLG Battery Co are to form a joint venture to sell DLG’s lithium-ion batteries in Australia— and launch a battery product targeting domestic and global markets.
The 50-50 'Lithium Australia DLG' business will also “fast-track” the commercialisation of cathode powders produced by LA subsidiary VSPC for use in DLG batteries, according to a letter of intent signed by the firms.
Germany’s BMZ Group and South Korea’s Samsung SDI have entered a long-term cooperation agreement to jointly promote the expansion of electromobile applications in the European market.
Karlstein-based BMZ said Samsung SDI, “one of the world's largest cell manufacturers, will rely in the future on BMZ as system supplier for battery systems, integration and software”.
Mercedes-Benz is reportedly to use battery cells made under its partnership operations in China in some cars made by the firm worldwide.
Dieter Zetsche (pictured), chairman of the German carmaker's parent company Daimler, made the announcement in Beijing, the China Daily reported.
German lithium-ion battery developer and producer BMZ is considering partnering with a Japanese company to launch a battery cell production plant in Europe, BBB can reveal.
BMZ founder and managing director Sven Bauer (pictured) said the move is a “serious option” for the company “and makes sense”, as it seeks to widen its supply chain and production capabilities.
European Commission chiefs have not ruled out the participation of the lead-acid industry in a proposed ‘batteries alliance’ for Europe— BBB has learned.
Lead producers called on the Commission to urgently rethink its proposals last week, after EU energy chief Maroš Šefčovič used an industry summit in Brussels to float proposals to invest in large-scale battery cells production— but failed to outline support for Europe’s powerhouse lead-acid battery industry.
Volkswagen has announced plans to invest more than EUR50 billion ($60bn) in battery cells and related technology, towards the electrification of its entire model portfolio by 2030 “at the latest”.
CEO Matthias Mueller (pictured) said the group has already launched a global tender process to find manufacturing partners in China, Europe and North America— as VW will “need more than 150GWh of lithium-ion battery capacity annually by 2025 for its own e-fleet alone”.