In a carefully worded swipe at the European Chemicals Agency (ECA), Eurometaux’s Chris Herron (pictured) has warned of the need for pragmatism with regard to the battery industry— when it comes to creating a low-carbon European future with batteries at the very centre of things.
Tesla has given the green light to launch its first Gigafactory for batteries production outside the US in China, company chief Elon Musk has confirmed.
The new Shanghai plant confirms a pledge by Musk to one day set up business at the heart of Asia’s booming batteries sector.
South Africa-based automotive and energy storage group Metair Investments has launched a EUR300 million ($353m) bid to acquire European lead battery firm Tovarna Akumulatorskih Baterij (TAB).
Metair said the bid is still “in the early stages”— but confirmed it is in exclusive talks that could see it take control of and expand TAB’s international automotive batteries and energy storage business.
Japan’s Marubeni Corporation has become the latest Asian player vying for a stake in Europe’s evolving battery cells business through a deal with Swedish lithium-ion firm Northvolt.
Marubeni and Northvolt have signed a memorandum of understanding to collaborate, in a move that could see the Japanese conglomerate supply LIB manufacturing equipment and raw materials.