The tax rate on lithium-ion batteries in India has been reduced from 28% to 18% in a bid to boost the country’s electric vehicle industry.
The cut announced by the Goods and Services Tax Council (GST), which was set up by the Indian government, was not as much as had been expected.
Chinese car and battery maker BYD is teaming up with a rival car-maker to build a battery giga factory in China— hot on the heels of opening what it said was the “world’s biggest” auto batteries plant in the country.
BYD is forming a joint venture with state-owned Changan Automobile to focus on electric vehicle (EV) battery production at a new plant in southwest China for domestic sales.
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.
A Chinese company is building a lithium-ion battery recycling joint venture in South Korea— in response to China’s ban on solid waste imports, BEST Battery Briefing can reveal.
China’s Anhua Taisen Recycling Technology said its decision to launch the project, in partnership with South Korean e-waste recycler NH Recytech, was driven by China’s decision last year to halt imports of more than 20 types of solid waste.
Norwegian energy firm Equinor and Abu-Dhabi-based Masdar have unveiled a Younicos battery system in Scotland as the “world’s first” to be connected to an offshore floating wind farm.
The one-megawatt system, comprising two Younicos lithium-ion Y Cubes in modular battery containers, have been installed at the Hywind onshore substation in Peterhead.
India lead-acid manufacturer Exide Industries is teaming up with Swiss battery storage firm Leclanché in a new lithium joint venture targeting the Indian market.
The partnership will focus on building lithium-ion batteries for electric vehicles (EVs), stationary energy storage systems and “speciality storage markets”.
German Battery separator company Treofan is developing a “thermally stable separator film” for lithium-ion battery cells as part of a government-funded research project.
Treofan said it aims to develop a temperature-stable lithium-ion battery for all mobile and stationary applications through its work with partners in the EUR2 million ($2.3m) HiT-Cell (High-Temperature Cell) project.
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.
There is a “profitable business case” for developing a lithium project in Finland to supply high-quality battery materials for Europe’s “fast-developing lithium markets”, according to the firm behind the project.
Finnish mining company Keliber Oy said a definitive feasibility study indicates the project could make the firm Europe’s “first vertically integrated battery grade lithium carbonate producer”.
Sri Lanka lead-acid firm Associated Battery Manufacturers Ceylon (ABM) is reportedly set to launch a new start-stop battery onto the market— and make its first foray into lithium with a Korean partner.
The new battery, developed in partnership with the Sri Lanka Institute of Nanotechnology, is expected to help “increase vehicle fuel efficiency by 12%”, CEO M Ramachandran (pictured) was quoted as telling the Daily News.
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