electric vehicle

Continental ‘mulling solid-state batteries’ move

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.

CEO Elmar Degenhart (pictured) was quoted as telling German trade publication Automobilwoche: “We could well imagine getting into the production of innovative batteries. That also goes for producing battery cells.”

Continental

Elmar Degenhart

solid-state battery

Lithium-ion

electric vehicle

CATL plans $1.98bn IPO for domestic battery sites

Chinese lithium battery giant Contemporary Amperex Technology Co Ltd (CATL) is planning a CNY13.12 billion ($1.98bn) initial public offering to expand its automotive battery business.

CATL said in a Shenzhen Stock Exchange announcement the move will ensure the firm keeps pace with the rapidly-expanding electric vehicle and energy storage markets.

Contemporary Amperex Technology Co Ltd (CATL)

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.

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”.

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.

Former Tesla employees plans for Europe’s first Gigafactory

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.

Kokam unveils lithium NMC battery for mobile applications

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.

south korea

Kokam

lithium nickel manganese cobalt

electric vehicle

The XPAND battery pack

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.

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.

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

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.

Jaguar Land Rover

electric vehicle

lithium-ion battery manufacturing plant

uk