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German battery chiefs warn EU over Giga cash dash for lithium

Mon, 02/19/2018 - 11:21 -- John Shepherd
German battery chiefs warn EU over Giga cash dash for lithium

Battery industry leaders in Germany say there is currently “no business case” for “politically-inspired” plans by the European Union to build at least 10 Gigafactories across the bloc for lithium-based batteries.

EU energy chief Maroš Šefčovič said last week the Gigafactories would be needed to produce “green European batteries” for new electric vehicles produced in Europe— and to combat Asia’s increasing dominance in the EV batteries sector.

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$65m funding boost for polymer tech firm Ionic

Mon, 02/12/2018 - 10:51 -- John Shepherd
$65m funding boost for polymer tech firm Ionic

Ionic Materials has secured a $65 million funding boost to accelerate development of its solid polymer electrolyte battery material.

The Massachusetts-based company said investors involved in the series C financing round included battery manufactures and firms in the electric vehicles sector.

 

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Daimler silent on Geely ‘battery tech buy-in’ report

Mon, 02/12/2018 - 10:43 -- John Shepherd
Daimler silent on Geely ‘battery tech buy-in’ report

Daimler is staying mum on a report that Chinese carmaker Geely has bought a stake in the German peer with a view to partnering on battery tech for electric vehicles.

According to Reuters, sources believe Geely, which owns Volvo, “is keen to access Daimler's battery technology and wants to establish an electric car joint venture in Wuhan, the capital of China's Hubei province”.

 

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Nissan in Thailand battery production talks

Mon, 02/12/2018 - 10:37 -- John Shepherd
Nissan in Thailand battery production talks

Just months after selling its Japan-based electric vehicles batteries business to China, Nissan is in talks with Thailand’s government about starting battery production there, BBB has confirmed.

Nissan regional senior vice-president Yutaka Sanada said during a Nissan conference in Thailand the country’s military government is “keen to support investment” in batteries and EV production, a Nissan spokesperson said.

 

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Zen Energy owner mum on Australia EV plant

Mon, 01/29/2018 - 11:30 -- John Shepherd
Zen Energy owner mum on Australia EV plant

UK-based GFG Alliance has declined to comment on reports that its billionaire boss is in talks to use a newly acquired energy storage and solar business to power a new electric vehicle plant in Australia.

Local media in South Australia say GFG chairman, Sanjeev Gupta (pictured), is discussing proposals to set up an EV production line at part of a former Holden car factory in the state.

 

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Solid-state research gets UK battery funding nod

Mon, 01/29/2018 - 11:01 -- John Shepherd
Solid-state research gets UK battery funding nod

New research into solid-state batteries has won a share of a GBP42 million ($59.8m) UK government grant to help accelerate the development of electric vehicle technology.

The research, to be conducted by an academia-industry partnership led by the University of Oxford, is one of four projects chosen for the funding through the Faraday Institution— launched last year as part of the government’s wider industrial strategy.

 

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Lead batteries best on environmental footprint

Mon, 01/29/2018 - 10:54 -- News Editor
Lead batteries best on environmental footprint

The use of lead batteries in advanced hybrid and electric vehicles is likely to contribute significantly to carbon foot print reduction, according to Alistair Davidson of the International Lead Association (ILA).

Speaking at the Advanced Automotive Battery Conference in Mainz Germany this week, Dr Davidson, director of products and sustainability at ILA, explained that life cycle assessment of the use of lead batteries gave a doubled benefit to the environment in terms of 99% collection and recycling rate, coupled with reduced emissions from automobiles from technologies such as start-stop and micro-hybrid applications.

 

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Samsung showcases new EV battery tech in Detroit

Mon, 01/22/2018 - 12:13 -- Xuan Zhong
Samsung showcases new EV battery tech in Detroit

New battery technology designed to increase the range of electric vehicles has been showcased by Samsung SDI in the US.

The South Korean lithium-ion battery company lined up various capacities (37, 50, 60 and 94 Ah) of battery cells for EVs and plug-in hybrid EVs at the Detroit North American International Auto Show.

 

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New fund ‘to target EV battery investments’

Mon, 01/22/2018 - 12:06 -- John Shepherd
New fund ‘to target EV battery investments’

A new equities fund targeting investments in batteries and raw materials to support the development of electric vehicles is reportedly set for launch next month.

The ‘Westbeck Electric Metals Fund’, backed by oil-focused hedge fund company Westbeck Capital Management, aims to raise $100 million in 2018, according to Reuters.

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Carmakers warn India of Li-battery “challenges”

Tue, 01/16/2018 - 10:05 -- Xuan Zhong
Carmakers warn India of Li-battery “challenges”

India’s government has been urged to be “technology neutral” in supporting the country’s nascent electric vehicle (EV) sector— and not to back lithium-ion batteries exclusively.

The Society of Indian Automobile Manufacturers (SIAM), which represents vehicle and vehicular engine manufacturers, said warned ministers “there are also challenges in developing charging infrastructure, lithium mining, low cost batteries and disposal of discarded lithium batteries”.

 

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