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Germany coughs up cash to host CATL gigafactory

Mon, 07/16/2018 - 12:39 -- Xuan Zhong
Germany coughs up cash to host CATL gigafactory

Germany is dipping into an economic aid fund to support the construction of a battery cells factory in the country by Chinese lithium giant Contemporary Amperex Technology (CATL), BEST Battery Briefing can reveal.

CATL confirmed last week it would invest €240 million (US$280m) to build the electric vehicle (EV) battery plant at Erfurt, in the east-central state of Thüringen.

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BMW batteries deal with CAT short-circuits EU

Tue, 07/10/2018 - 12:06 -- Xuan Zhong
BMW batteries deal with CAT short-circuits EU

BMW has placed a “billion euro” order for electric vehicle batteries from China— because the firm ‘can’t wait’ for Europe to build a battery cells industry, according to its chairman.

Harald Krüger’s (pictured) announcement of a deal with Chinese lithium battery giant Contemporary Amperex Technology (CATL) is the clearest signal yet that Germany could break ranks with the EU over plans to create a European Batteries Alliance to compete with Asia. 

 

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Germany turns on ‘Europe’s biggest BESS’

Fri, 06/29/2018 - 11:04 -- Xuan Zhong
Germany turns on ‘Europe’s biggest BESS’

A 48-megawatt BESS claimed to be Europe’s biggest battery storage facility has been switched on in Germany.

NEC Energy Solutions supplied the lithium-ion facility in Jardelund, in the northern state of Schleswig-Holstein, for energy services firm EnspireMe— a joint venture of Japan’s Mitsubishi Corporation and Dutch power company Eneco.

 

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Lithium Australia acquires German lithium project

Tue, 06/19/2018 - 10:27 -- Xuan Zhong
Lithium Australia acquires German lithium project

Lithium Australia (LIT) is to acquire ownership of Germany’s Sadisdorf lithium project— and plans to take on global battery players rushing to grab a slice of Europe’s future electric vehicles supply chain business.

LIT, which was granted a 133 square-kilometre exploration licence for the Saxony site earlier this year, will acquire the lithium/tin project from Germany’s Tin International subject to regulatory approvals.

 

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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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German research to ‘safeguard future’ of lead-acid

Tue, 05/22/2018 - 08:57 -- John Shepherd
German research to ‘safeguard future’ of lead-acid

The German government is backing research in the country designed to help “safeguard the future of lead-acid batteries”.

Goals of the AddESun project include helping the lead industry to achieve “more sustainable production, improved charging behaviour, longer service life and higher power density”.

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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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Continental silent on battery options amid ‘structural review’

Thu, 05/17/2018 - 09:48 -- Xuan Zhong
Continental silent on battery options amid ‘structural review’

German automotive manufacturer Continental is staying silent on potential moves to further develop its battery systems business.

CEO Dr Elmar Degenhart told the company’s annual shareholders' meeting Continental’s entire organisational structure was under review while the firm “tested suitable scenarios”.

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German components firm to start battery production for new ‘solar car’

Wed, 05/16/2018 - 09:26 -- Xuan Zhong
German components firm to start battery production for new ‘solar car’

German automotive components firm ElringKlinger is to launch its first battery production facility after clinching a deal worth “several hundred million euros”.

ElringKlinger told BBB the fully-automated facility had been planned for some time and would be “primarily used” to develop and produce modular lithium-ion battery systems for “fully-electric” solar vehicles under a contract awarded by Germany’s Sono Motors.

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BMZ ‘secures cells supply’ with LG Chem deal

Mon, 05/14/2018 - 10:13 -- Xuan Zhong
BMZ ‘secures cells supply’ with LG Chem deal

German lithium-ion battery developer and producer BMZ has signed a long-term battery cells supply deal with South Korea’s LG Chem.

BMZ said the contract covered supplies of “over a few hundred million cells” by the end of 2022 for products in the electro mobility and energy storage markets. 

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