South Korea’s LG Chem is setting up a joint electric vehicle batteries business with Chinese carmaker Zhejiang Geely Holding Group.
Each company has invested around US$94 million in the 50-50 joint venture, which, by the end of 2021, will produce 10GWh of EV batteries annually for the Chinese market.
Swiss battery storage company Leclanché is to ramp up production capacity for lithium-ion battery modules for transport applications at a new facility in Switzerland.
Leclanché is partnering with Italian industrial automation firm Comau for the project, which will see an automated production line installed in a new facility being built at a technology park adjacent to Leclanché’s headquarters in Yverdon-les Bains.
The European Union needs to rethink competition laws to better compete in the batteries market with Asian players, a German ministerial aide has told European battery manufacturers.
But Thomas Bareiss (pictured), parliamentary state secretary at the Federal Ministry for Economic Affairs and Energy, admitted that while Germany wanted to be “agnostic” in terms of its support for battery technologies, lithium-ion is currently favoured over lead-acid to build a European battery cells industry to cater for electric vehicles.
US-based lead-acid battery maker Enersys is to invest an additional $100 million to expand its thin plate pure lead (TPPL) capacity.
The company said the increased capital expenditure over the next three years— “combined with an expected 15% increase” from its focus on “lean manufacturing principles”— should increase its proprietary TPPL capacity by more than $500m annually.
Proposed tariffs on Chinese lithium-ion batteries and related equipment would have “an immediate and adverse effect on grid energy storage deployments”, US leaders have been warned.
President Donald Trump has threatened to slap tariffs on a further $300 billion worth of Chinese exports to the US if Chinese president Xi Jinping does not meet him at the G20 summit of world leaders in Japan later this month.
Experts have warned that producing a new generation of electric vehicles— and supplying the electricity to keep their batteries charged— will add up to costly and “huge implications” for the world’s natural resources.
The UK alone would need just under twice the current annual world cobalt production to meet its EV targets for 2050, according to a letter to government climate change advisers co-authored by the head of earth sciences at the UK’s Natural History Museum, Prof Richard Herrington.
An international “technology-neutral” partnership to expand the use of energy storage systems in developing countries has been launched by 30 organisations led by the World Bank.
The Energy Storage Partnership (ESP) aims to “catalyse a new market for batteries”, beyond the current focus on the market to supply electric vehicles, the bank said.
Regulators in the US have warned a major shake-up of safety standards may be needed for home battery storage systems in the wake of an explosion at a lithium-ion grid-scale battery storage facility in Arizona.
The Arizona Public Service (APS) utility told BEST Battery Briefing an investigation into what caused the “catastrophic failure” of the 2MW/2MWh system at its McMicken facility last month in the city of Surprise was still under way.