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Automotive and battery giants launch search for the industry’s best start-ups

Wed, 06/24/2020 - 10:42 -- Paul Crompton

Automotive OEMs Hyundai, Kia and lithium-ion battery giant LG Chem have sponsored a global competition to identify promising start-ups in the e-mobility industry. 

Start-ups developing technologies and business models for EVs and batteries can apply to the ‘EV & Battery Challenge’ until 28 August via a website set up especially for the competition. 

Up to 10 winning start-ups will have the opportunity to work with Hyundai, Kia, and LG Chem to develop proof-of-concept projects while leveraging the sponsors’ technical expertise, resources and laboratories. 

The seven categories are: 

  1. Next-generation battery materials to increase mileage and safety 
  2. Recycling of battery materials
  3. Control systems to increase battery efficiency
  4. Process technology to increase productivity and quality control
  5. EV drive units
  6. Personalisation services for electric cars
  7. BEV’s charging and energy management

Among the credentials the judges are looking for are: a validated concept and a working prototype; should clearly differentiate from existing solutions and provide plans for global scale; include a business model based on credible commercial and economic assumptions.

Submitted documents will be examined in a first round with the most promising candidates interviewed personally via video conference in October.

The final selection committee is to meet in November at a workshop at the Hyundai Motor Group’s ‘Open Innovation Hub’ in Silicon Valley, California, US. 

After that, Hyundai, Kia and LG Chem will verify the technologies and review them to see if direct financial investment is possible.

New Energy Nexus, the international start-up support organisation, will manage and facilitate the competition.

Interested parties can view more details HERE

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LG Chem halts plans for India lithium-ion battery factory

Wed, 05/27/2020 - 11:03 -- Paul Crompton

Korean battery giant LG Chem has halted its lithium-ion battery project in India as the Covid-19 pandemic continues to hit the automotive market, according to reports.

The company was in talks with Renault, Mahindra & Mahindra and Hyundai for an Indian consortium for the project and regarding equity participation for the same, reported the country’s newspaper The Economic Times

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Amte Power and Britishvolt sign MoU for UK’s landmark battery gigafactories

Thu, 05/21/2020 - 13:31 -- Paul Crompton

UK battery maker Amte Power and Britishvolt announce plans on 20 May to build the UK’s first lithium-ion battery cell gigafactories servicing the automotive and energy storage markets.

The British start-ups have signed a memorandum of understanding (MoU) focussed on enabling the scalable production of lithium-ion batteries to support the UK’s Road to Zero (at least half 50% of new car sales to be ultra low emission by 2030) targets and transition to electrification. 

Britishvolt aims to add to Amte’s 1GWh manufacturing plant plants with a 30GWh factory.

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SVOLT officially launches two cobalt-free batteries

Wed, 05/20/2020 - 12:08 -- Paul Crompton

Chinese automotive battery company called SVOLT officially announced two cobalt-free batteries 20 May.

Yang Hongxin, president of SVOLT, said, the company’s L6 cobalt-free long cell was being adapted to a high-end model of car by Chinese vehicle OEM Great Wall Motors. 

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Toyota and Panasonic JV to make lithium-ion vehicle batteries and develop next-gen technology including solid-state

Thu, 02/06/2020 - 15:57 -- Paul Crompton

A joint venture between vehicle OEM and Toyota Motor Corporation and lithium-ion battery maker Panasonic will specialise in prismatic batteries for automotive applications0.

The new company, called Prime Planet Energy & Solutions (PPES), is due to begin operation on 1 April this year from its headquarters in Tokyo, Japan.

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Nissan chief to lead new UK battery centre

Fri, 05/25/2018 - 09:45 -- John Shepherd
Nissan chief to lead new UK battery centre

The boss of Nissan batteries in the UK, Jeff Pratt, is to head a new national centre supporting government plans to develop next-generation battery systems for the automotive sector.

Pratt (pictured) will take up the post of MD at the UK Battery Industrialisation Centre (UKBIC)— part of the UK government’s Faraday Institution— next month.

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Li batteries focus of new German research pact

Thu, 05/03/2018 - 09:42 -- Xuan Zhong
Li batteries focus of new German research pact

The German Aerospace Center (DLR) is to work with the Technical University of Braunschweig, in northern Germany, on a joint research programme into applications for batteries in the automotive and aviation sectors.

A DLR spokesperson told BBB the “initial strong focus” of research would be on lithium-ion technology— but that both partners are already studying lithium sulfur batteries and this would “contribute” to their joint work.

 

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ALABC-Exide launch energy storage project

Tue, 09/12/2017 - 11:06 -- News Editor
ALABC-Exide launch energy storage project

The Advanced Lead-Acid Battery Consortium (ALABC) and Exide Spain are launching a two-year study into the use of carbon nano materials in the positive active mass.

The objective of the new project “is to investigate potential significant benefits, such as improved energy efficiency and cycle life for lead batteries in energy storage applications, through the use of nano-carbon on the positive plate”, the ALABC said.

 

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Canada lead-acid firm expands in South Korea

Fri, 09/01/2017 - 09:37 -- News Editor
Canada lead-acid firm expands in South Korea

Vancouver-based lead-acid battery firm Discover is launching an SLI lead-acid manufacturing plant in South Korea, backed by Canadian export financing.

Discover, which was awarded $15 million from Export Development Canada (EDC), told BBB the financing supported the firm’s acquisition of an existing battery plant site in South Korea.

 

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Chinese firm joins Nissan battery buyout deal

Wed, 08/30/2017 - 10:20 -- News Editor
Chinese firm joins Nissan battery buyout deal

A Chinese lithium battery manufacturer is chipping in up to $100 million to join the takeover of Nissan’s battery business by Chinese private equity firm GSR Capital Advisors.

Zhejiang Unifull Industrial Fibre said in a stock exchange filing it had signed a framework agreement with GSR Capital to become a partner in funding the Nissan deal, which Nissan confirmed earlier this month.

 

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