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EV market

Next-gen Toyota Prius to offer optional li-ion battery

Wed, 07/16/2014 - 14:06 -- Laura Varriale
Toyota Prius

Toyota’s fourth-generation Prius will give the option between a lithium-ion battery and a nickel-metal hydride unit, Toyota revealed in an interview with Automotive News.

"The batteries will be renewed. Everything will be revised. And I think we will come up with a fuel economy that will surprise everyone,” said Koei Saga, senior managing officer at Toyota.

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China approves Toyota-Panasonic nickel metal hydride joint venture

Fri, 07/11/2014 - 15:51 -- Laura Varriale
Toyota EV

China has given a conditional approval for an electric vehicle (EV) nickel metal hydride battery joint venture (JV) between Toyota and Panasonic’s Primearth and two other Toyota units, Hunan Corun and Changhsu Sinogy.

The JV is called Corun PEVE Automotive Battery Co. and it aims to focus on the production of nickel-metal hydride batteries for hybrid cars.

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Honbridge acquires Chinese lithium battery maker Shandong New Energy

Fri, 07/11/2014 - 15:42 -- Laura Varriale
Honbridge

Hong Kong-based metals and minerals investment firm Honbridge has acquired Shandong New Energy, a Chinese lithium battery manufacturer.

The acquistion was enacted via the purchase of 90.68% equity interest in Shandong New Energy's holding company Triumphant Glory Investment. The consideration was HK$634.76m ($81.8m).

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LG Chem to build EV lithium battery plant in Nanjing

Fri, 07/04/2014 - 14:40 -- Editor
LG Chem

LG Chem is to build a factory for the production of lithium-ion batteries for electric vehicles in Nanjing, Jiangsu province, China.

Officials from the South Korean battery maker and Nanjing signed an agreement in Seoul, ahead of Chinese President Xi Jinping’s state visit to Korea.

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China considers issuing EV licenses to non-carmakers

Tue, 07/01/2014 - 11:39 -- Laura Varriale
Factory of auto-part-maker Wanxiang

State-run China Automotive Technology and Research Center (CATARC) has suggested to open electric-vehicle (EV) manufacturing to non automotive companies, in order to spur manufacturers to grow like Californian EV-maker Tesla.

CATARC recommended the issuance of two to three special licenses for EV manufacturing. Wang Cheng, researcher at CATARC, proposed that, depending on suitable candidates, the licenses could be increased to five.

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BASF entering electric vehicle market

Thu, 07/19/2012 - 18:02 -- Ruth Williams

Europe’s lone wolf in cathode material provisions, Umicore, is to have competition in the form of German chemical maker BASF.  BASF will invest heavily to become a leading supplier in automotive battery materials based on market predictions for developments in the EV market to develop vehicles with a range of 250km in the next five years.

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