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COVID-19

LG Chem halts plans for India lithium-ion battery factory

Wed, 05/27/2020 - 11:03 -- Paul Crompton

Korean battery giant LG Chem has halted its lithium-ion battery project in India as the Covid-19 pandemic continues to hit the automotive market, according to reports.

The company was in talks with Renault, Mahindra & Mahindra and Hyundai for an Indian consortium for the project and regarding equity participation for the same, reported the country’s newspaper The Economic Times

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COVID-19 fails to interrupt European Battery Alliance goals

Fri, 05/22/2020 - 11:10 -- Paul Crompton

A virtual meeting of The European Battery Alliance (EBA) has said its ambitions in terms of jobs and growth in a green and circular economy can be reached earlier than expected despite the COVID-19 pandemic.

Twelve CEOs from European companies across the battery chain met to discuss the role of the EBA in the EU’s post corona green recovery. 

 

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Coronavirus impact on lithium-ion industry to be felt for at least another year

Fri, 03/06/2020 - 09:56 -- Paul Crompton

The outbreak of coronavirus COVID-19 is putting China lithium-ion manufacturers into the ‘high risk’ supplier and production category. 

Industry analysts Wood Mackenzie predict a drop of 10% (26GWh) in lithium-ion battery production in China, with the Hubei province most impacted by the outbreak.

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