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Chinese firm looks to secure lithium stocks

Fri, 09/16/2016 - 10:03 -- Paul Crompton

When it comes to the rapidly growing electric vehicle and energy storage markets the question is not how many lithium-ion batteries can companies make, but how to source the raw materials.

That’s why Chinese lithium-ion battery materials maker Ningbo Shanshan is in advanced talks to buy a stake in Chile's Sociedad Quimica Y Minera (SQM), at least according to news outlet Reuters.

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Samsung targets European EV battery market with latest move

Wed, 09/07/2016 - 12:41 -- Paul Crompton
Samsung targets European EV battery market with latest move

Battery maker Samsung SDI has begun construction of its lithium-ion plant in Hungary to supply the European electric vehicle market.

The South Korean firm new facility in Hungary will enable it to establish a triangular production structure along with existing plants in Ulsan, Korea and Xian, China.

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MoU to build cathode material plant in South Korea

Thu, 09/01/2016 - 12:31 -- Paul Crompton
MoU to build cathode material plant in South Korea

Two firms are joining forces to build a lithium-ion cathode plant in South Korea to fuel the expected lithium battery demand for the electric vehicle market.

South Korean battery materials firm Ecopro has entered into a joint venture with the Chinese resources recycling company GEM to produce cathode materials in Pohang, South Korea.

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Chinese EV battery firms told to meet new rules or lose subsidies

Tue, 05/24/2016 - 12:09 -- Paul Crompton
Chinese EV battery firms told to meet new rules or lose subsidies

China has announced it will only give state subsidies to Electric Vehicle battery makers who qualify for listing in a new directory.

Only firms that meet certain criteria will be included in the directory, which will go live in July 2017.

The criteria include agreeing to undergo extended inspections in which tests could be carried out on batteries and systems to ensure they and the facility are “consistent with the vehicle battery industry standard conditions... in addition to the scale of production and other aspects of the requirements” that were released in 2015.

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JCI drives an ‘evolution’ in stop-start technology combining lead-acid and lithium-ion

Wed, 03/09/2016 - 16:00 -- Paul Crompton
JCI drives an ‘evolution’ in stop-start technology combining lead-acid and lithium-ion

Global giant Johnson Controls says it is driving an evolution in stop-start technology— while the rest of us wait for a revolution to happen.

Advanced Market & Technology Strategist Craig Rigby told BBB that the growth of the stop-start market had superseded all expectations, far outweighing the uptake in the electric vehicle (EV) market.

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Daimler to invest €500m to build lithium-ion battery pack factory

Mon, 03/07/2016 - 15:03 -- Paul Crompton
Daimler to invest €500m to build lithium-ion battery pack factory

German OEM Daimler is to invest around €500million ($542,890) to build a lithium-ion battery pack manufacturing plant as it expands its electric and hybrid vehicles range.

Using cells from LG Chem and SK Innovations, among others, the move will ‘significantly expand’ the production capacities of Daimler subsidary Deutsche Accumotive.

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Samsung launches range of Electric Vehicle battery cells at Detroit show

Fri, 01/22/2016 - 14:34 -- Paul Crompton
Samsung launches range of Electric Vehicle battery cells at Detroit show

Samsung SDI has unveiled a range of lithium-ion Electric Vehicle battery cell prototypes as the firm continues to stake its claim in the sector.

Launched at The North American International Auto Show in Detroit, one of the prototypes on the Korean electronic giant’s stand promises 94 amp hours (Ah), compared with the industry standard of between 26 and 28 Ah.

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BYD appointment aims to boost eastern US Operations

Mon, 12/21/2015 - 11:02 -- Paul Crompton
BYD appointment  to boost eastern US Operations

Hong Kong rechargeable battery firm BYD has hired a new director as it gears up to increase its electric vehicle operations in the US.

Eva Lerner-Lam was named director of eastern US business to build up the operations of the New York-based office and drive regional sales of BYD’s entire line-up of electric vehicles.

The full portfolio of EVs include, electric buses and coaches, long-range electric taxis, eTrucks and battery-electric forklifts.

Lerner-Lamb said: “The time has come for electric vehicles and BYD is ready to meet the growing demand.

“It’s a very exciting opportunity to take technology that was developed in China—and leveraged and matured in large scale there—and adapt them to American standards, lifestyles and infrastructures.”

Together with Assistant General Manager Carlos Antunes, Lerner-Lam will continue BYD’s international efforts to expand electric vehicle charging infrastructure, open regional facilities and plants and deliver green-tech products like energy storage stations.

She said: “The game-changing technology is already here. It just needs to be applied and distributed.”

EnerDel CEO resigns, interim head appointed

Fri, 04/25/2014 - 10:31 -- Tildy Bayar
EnerDel CEO resigns, interim head appointed

David Roberts, CEO of US lithium-ion battery manufacturing firm EnerDel, has resigned, the company has announced.


Roberts will be replaced on an interim basis by chief operating officer Michael Canada, a former Altairnano vice president and general manager.

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Tesla hints at Panasonic partnership for ‘Gigafactory’

Fri, 04/25/2014 - 09:35 -- Tildy Bayar
Tesla hints at Panasonic partnership for ‘Gigafactory’

Tesla Motors CEO Elon Musk has said he expects Panasonic to partner with his company in its proposed ‘Gigafactory’ battery production facility in the US, according to reports.


Details will be released in two to three months, Musk said at the Chinese launch of Tesla’s Model S electric car in Beijing.


The company has been seeking “strategic battery manufacturing partners” for a planned production push, with the aim of producing a mass-market EV within three years.


“I would be surprised if Panasonic is not our partner,” Musk said, while Panasonic said in a statement that although no decision has been made at this stage, the company will “look into a variety of options to strengthen” its relationship with Tesla.


The planned $5 billion, 10m square foot (0.9m m2) battery production facility will manufacture lithium-ion batteries for Tesla’s vehicles. Although no site has been chosen yet, Tesla has narrowed the choice to four US states: Nevada (the financial analysts’ favourite due to its rich lithium deposits and a strategically placed rail line), Arizona, New Mexico and Texas. Groundbreaking is planned for two locations in order to minimize delays, Musk said.


According to Tesla, the Gigafactory could produce more lithium-ion batteries per year in 2020 than were produced worldwide in 2013. By the end of the company’s first year of volume production of its mass market EV, the Gigafactory could drive down the cost of its battery pack by over 30% per kWh, the company said.


The factory would enable sales of up to 500,000 cars per year, according to Musk.


 

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