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Leclanché ‘set for India joint venture’

Fri, 06/15/2018 - 09:17 -- Xuan Zhong
Leclanché ‘set for India joint venture’

Swiss battery maker Leclanché said it is close to announcing a joint venture agreement that would give it a “strong foothold” in India.

Leclanché is staying tight-lipped about details, but said it is at an “advanced stage” of sealing a deal to put the company at the heart of “one of the potentially largest electric vehicles markets in the world”.

 

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Akasol IPO to expand battery investments

Tue, 06/12/2018 - 09:29 -- John Shepherd
Akasol IPO to expand battery investments

German battery manufacturer Akasol is preparing for an initial public offering (IPO)— and has its sights set on acquisitions buoyed by “strong growth” in the electric vehicle (EV) market. 

The Darmstadt-based company, incorporated just 10 years ago, said its lithium-ion battery systems business has already amassed orders worth EUR1.45 billion ($1.7bn) through to 2024, with clients including Daimler, Alstom, Bombardier and Rolls-Royce Power Systems.

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CATL clinches EV battery deal with Renault

Tue, 05/22/2018 - 08:55 -- Xuan Zhong
CATL clinches EV battery deal with Renault

Chinese lithium battery giant Contemporary Amperex Technology (CATL) is to supply batteries for Renault’s Kangoo ZE electric vehicle range, BBB has confirmed.

And Renault’s EV “alliance” partner, Nissan, has told BBB it will also use Chinese-made batteries for its first mass-produced Sylphy Zero Emission EVfor China— although it declined to name the supplier. 

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UK’s Pivot Power unveils 2GW battery network plan

Mon, 05/21/2018 - 15:08 -- John Shepherd
UK’s Pivot Power unveils 2GW battery network plan

Plans have been unveiled to build a 2GW network of grid-scale batteries and rapid electric vehicle (EV) charging stations across England and Wales.

UK firm Pivot Power said the GBP1.6 billion ($2.1bn) programme will see 45 sites developed— “installing grid-scale 50-megawatt batteries at electricity sub-stations connected directly to the extra-high-voltage transmission system”. 

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VW confirms plan for battery cells pilot plant

Mon, 05/21/2018 - 10:23 -- John Shepherd
VW confirms plan for battery cells pilot plant

Volkswagen has told BBB it will build a pilot manufacturing plant for battery cells in Germany as part of a new corporate “centre of excellence”.

The pilot facility, on which work is expected to start by 2019, will be incorporated with an existing VW plant in Salzgitter, Lower Saxony, a VW spokesperson confirmed.

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Solid-state batteries “game-changer” for EVs report

Thu, 05/17/2018 - 09:54 -- Xuan Zhong
Solid-state batteries “game-changer” for EVs report

Solid-state batteries are expected to be a “game changer” for the electric vehicle industry, according to a new report.

The batteries are set to open up “significant growth opportunities for future battery chemistries due to manufacturers’ claims of an energy density 2.5 times higher than lithium-ion batteries”, said market analysts Frost & Sullivan.

 

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China EV battery firm cuts production over financial crisis

Wed, 05/16/2018 - 09:18 -- Xuan Zhong
A leading Chinese electric vehicle (EV) battery manufacturer, Shenzhen OptimumNano, has been forced to slash production to just 20% of its capacity amid a financial crisis.  OptimumNano, reportedly China’s third largest EV battery maker as of 2016, said it had taken the drastic move because it has a glut of batteries in stock that it cannot sell.

A leading Chinese electric vehicle (EV) battery manufacturer, Shenzhen OptimumNano, has been forced to slash production to just 20% of its capacity amid a financial crisis.

OptimumNano, reportedly China’s third largest EV battery maker as of 2016, said it had taken the drastic move because it has a glut of batteries in stock that it cannot sell.

 

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Japan chems firm launches battery materials business in Shanghai

Tue, 04/24/2018 - 09:53 -- Xuan Zhong
Japan chems firm launches battery materials business in Shanghai

Japan-based global chemicals conglomerate Showa Denko has launched a new business in Shanghai to expand its sales of advanced battery materials across China.

Denko said its wholly-owned subsidiary— Showa Denko Battery Materials (Shanghai) Co— will strengthen the group’s battery materials activities in the country as it ramps up its new energy vehicles (NEVs) sector.

 
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Sweden to be nexus of EU-Asia battery future?

Mon, 03/26/2018 - 19:59 -- Xuan Zhong
Sweden to be nexus of EU-Asia battery future?

Chinese private capital firm GSR Capital is ramping up its ambitions to become a key player in European EV battery production with plans for a manufacturing plant in Sweden.

GSR is to build the battery facility at Trollhättan, 75km north of Gothenburg, on land adjacent to Swedish electric vehicle producer NEVS— in which GSR will also invest $500 million.

 

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Call for ‘ethics pledge’ from Li-on users

Fri, 11/03/2017 - 09:41 -- Xuan Zhong
Call for ‘ethics pledge’ from Li-on users

The US-based Union of Concerned Scientists (UCS) is calling for companies that source lithium-ion batteries for electronic products such as electric vehicles to commit to using only “ethically-sourced materials”.

UCS’s clean vehicles policy analyst, Josh Goldman, said the use of lithium, cobalt, nickel “and other metals that are part of an EV lithium-ion battery pack, have raised red flags about the poor human rights and worker protection records in the countries where these materials are mined”.

 

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