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Chinese car firm signs lithium supply deal

Tue, 10/10/2017 - 10:53 -- Xuan Zhong
Chinese car firm signs lithium supply deal

Chinese car marker Great Wall Motor Co Ltd., said it has taken a 3.5% stake in Australian lithium miner Pilbara Minerals Ltd., to help secure supplies of a key mineral for its electric vehicle development plans.

Great Wall said it would take the equity interest in Pilbara for around AUD28 million ($22m) through its wholly-owned Hong Kong-registered subsidiary Billion Sunny Development Ltd.

 

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Camel invests in Croatian battery tech start-up Rimac

Mon, 10/02/2017 - 13:57 -- News Editor
Camel invests in Croatian battery tech start-up Rimac

Chinese battery maker the Camel Group is investing EUR30 million ($35.3m) in Croatian electric vehicle technology firm Rimac Automobil.

Zagreb-based Rimac, whose products include battery packs and battery management systems for the automotive, nautical and bicycle markets, said the deal represented the “single largest foreign direct investment in a Croatian technology company”.

 

 

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Panasonic expects profit from Tesla batteries by year-end

Wed, 08/09/2017 - 09:28 -- News Editor
Panasonic expects profit from Tesla batteries by year-end

Electronics giant Panasonic expects to see a profit from Tesla’s Model 3 batteries by the end of the year.

Panasonic began battery cell production for the mass-market electric vehicle at their $5 billion Gigafactory in Nevada, USA, in June. 

 

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Former Tesla employees plans for Europe’s first Gigafactory

Mon, 03/13/2017 - 16:00 -- Paul Crompton

Two former Tesla workers are set to beat their former employee in making lithium-ion cells for electric vehicle and energy storage applications in Europe.

Northvolt AB’s ambitious plans to build Europe's first Gigafactory in Sweden were given a boost when investment firm InnoEnergy, announced a €3.5million (around 35MSEK or $3.7million) investment.

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Kokam unveils lithium NMC battery for mobile applications

Fri, 03/10/2017 - 09:23 -- Xuan Zhong

South Korean battery maker Kokam has unveiled a Lithium Nickel Manganese Cobalt (NMC) for electric vehicle applications on Monday.

The XPAND battery pack is the result of four years R&D and product development, and features advanced battery technologies including a ceramic separator and battery pack thermal containment technologies.

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Sensor breakthrough may reduce EV lithium-ion pack prices

Thu, 02/02/2017 - 15:00 -- Paul Crompton
Sensor breakthrough may reduce EV lithium-ion pack prices

With thousands of cells in a typical electric vehicle battery pack, reducing the use of individual parts would be a game changer for the industry.

Researchers at a German University may have done just that with a sensor system that could reduce cost and increase the energy density of lithium-ion batteries.

The system currently exists as a laboratory prototype.

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Lithium battery prices rise with demand

Thu, 01/19/2017 - 09:46 -- Xuan Zhong
Lithium battery prices rise with demand

The need to sate global lithium-ion requirements saw China’s battery prices rise alongside increasing demands from the electric vehicle market.

The average price of a lithium-ion battery being exported out of China rose $0.62 year-on-year, according to news website Industrial Minerals.

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Jaguar Land Rover plans to build UK lithium-ion battery facility

Tue, 12/06/2016 - 09:28 -- Xuan Zhong

Vehicle OEM Jaguar Land Rover have revealed plans to build an electric vehicle and lithium-ion battery manufacturing plant in the heart of England, according to reports.

JLR has already outlined a £500million, 30-acre, expansion plan in Coventry, but now the vehicle maker wants to go one step further.

 
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Firefighting firm can’t wait to share the Chinese EV cake

Wed, 11/30/2016 - 12:37 -- Xuan Zhong

A Chinese firefighting firm is aiming to secure its share of the electric vehicle market after buying a LiFePO4 battery company and buying stock in a lithium concentrates firm.

Shaanxi J&R Optimum Energy, a fire protection system solutions company bought a 19.9% share of Australian mining firm Altura Mining for AUS$41.6 million ($30.69 million), reported the China Daily newspaper.

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Gas spill lands Tesla with 20MW energy storage deal

Thu, 09/29/2016 - 15:25 -- Paul Crompton
Gas spill lands Tesla with 20MW energy storage deal

Electric vehicle and energy storage firm Tesla is moving into the grid-scale energy storage market with two deals to supply lithium-ion systems.

The first is to develop a 20MW/80MWh utility-scale system for electricity company Southern California Edison Co.

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