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Now China’s CATL ‘makes play for EU expansion’

Mon, 03/12/2018 - 12:13 -- Xuan Zhong
Now China’s CATL ‘makes play for EU expansion’

Chinese battery giant CATL is reportedly on the lookout for a site in Europe to manufacture lithium-ion batteries for the electric vehicle market, after becoming a supplier for Volkswagen cars built in China.

According to Bloomberg, CATL (Contemporary Amperex Technology Co) “is close to” deciding on a site in either Germany, Hungary or Poland to build what would be its first overseas automotive battery manufacturing plant.

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BMZ eyes Japan tie-up for cell production

Mon, 03/05/2018 - 11:25 -- John Shepherd
BMZ eyes Japan tie-up for cell production

German lithium-ion battery developer and producer BMZ is considering partnering with a Japanese company to launch a battery cell production plant in Europe, BBB can reveal.

BMZ founder and managing director Sven Bauer (pictured) said the move is a “serious option” for the company “and makes sense”, as it seeks to widen its supply chain and production capabilities.

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Report counts cost of fake batteries

Mon, 02/26/2018 - 12:10 -- John Shepherd
Report counts cost of fake batteries

Counterfeit batteries are costing legitimate manufacturers in the EU around EUR180 million ($221m) in lost business every year, according to a new report.

The study, from the European Union Intellectual Property Office (EUIPO), said counterfeit batteries mostly affect the vehicle sector, but are also found in the mobile phone market.

 

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GS Yuasa to expand lithium business with Hungary plant

Mon, 01/22/2018 - 10:38 -- John Shepherd
GS Yuasa to expand lithium business with Hungary plant

Japan-based lead-acid company GS Yuasa is expanding its push into the lithium battery business by building a EUR3.5 million ($4.2m) manufacturing plant in Hungary.

Hungary’s government is backing the project in the city of Miskolcz, in northeastern Hungary, with a non-repayable grant worth around $1.8m. Construction work is set to start next month.

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Korean battery makers line up in Europe

Tue, 12/05/2017 - 11:15 -- News Editor
Korean battery makers line up in Europe

Further evidence of a Korean “land grab” of future European EV markets came last week with SK Innovation's announcement that it plans to invest around KRW1 trillion ($920 million) to build an electric vehicle (EV) battery plant in Hungary and to expand production facilities for EV batteries in South Korea.

The battery maker said it would set aside KRW840 billion for the Hungary plant, which it will start building in February. By 2020, the plant will be capable of producing 7.5GWh of batteries each year.

 

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redT energy storage wins Europe, Asia contracts

Thu, 09/28/2017 - 09:30 -- News Editor
redT energy storage wins Europe, Asia contracts

UK-based energy storage firm redT said it has signed “initial” deals to supply 12 energy storage units using vanadium redox flow technology to firms in Europe and Southeast Asia.

This company declined to give details of the contracts, but said the deals pave the way for redT to potentially supply a total of more than 300 energy storage units in the regions.

 

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‘EU needs Airbus-style consortium’ for batteries

Tue, 09/26/2017 - 09:51 -- News Editor
‘EU needs Airbus-style consortium’ for batteries

The EU’s energy chief has called for the creation of a Europe-wide consortium to support the battery industry— to prevent the EU “falling behind” in the race with China and other nations to power electric vehicles (EVs).

Maroš Šefčovič (pictured), the European Commission vice-president responsible for the ‘EU energy union’, said the bloc should invest in an “Airbus for batteries”— a consortium that he said could do for batteries what the European multinational does for the aircraft industry.

 

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China’s CATL ‘plans Europe battery plant’

Tue, 09/26/2017 - 09:47 -- News Editor
China’s CATL ‘plans Europe battery plant’

Chinese lithium-ion battery maker Contemporary Amperex Technology Ltd (CATL) is to open a production base in Europe, according to state media.

China’s Xinhua News Agency said CATL is “planning to build a new plant in Europe to meet the rising demand of the continent” for electric vehicle batteries.

 

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EVs will be only new cars sold in Europe from 2035 - report

Wed, 07/26/2017 - 15:39 -- News Editor
EVs will be only new cars sold in Europe from 2035 - report

Only electric passenger cars will be sold in Europe from 2035 as a result of falling battery costs, economies of scale and increased support from governments, according to a new study by Dutch banking group ING.

According to the ‘Breakthrough of electric vehicle threatens European car industry’ report, compiled by ING senior economists Max Erich and Jurjen Witteveen, issues currently overshadowing electric vehicles (EVs) – such as range anxiety and pricing – “will be overcome within the next seven years.

 

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BASF-Nornickel in talks on raw material supplies for battery production

Wed, 07/05/2017 - 12:44 -- News Editor
BASF-Nornickel in talks on raw material supplies for battery production

Russian mining company Norilsk Nickel (Nornickel) has started exclusive negotiations with German chemicals firm BASF to cooperate in the supply of raw materials for future lithium-ion battery production in Europe.

Under the terms of a memorandum of understanding signed by the firms, which was announced on 27 June, BASF intends to invest up to €400 million ($456.6 million) “in a first step” to supply European battery cell producers for electric vehicles with regionally-manufactured cathode materials.

 

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