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Firms form JV to manufacture lithium-ion battery cathode material in Canada

Thu, 06/04/2020 - 11:10 -- Paul Crompton

Prairie Lithium and LiEP Energy will initiate a two-stage pilot project to produce the key lithium-ion battery cathode material lithium hydroxide from oilfield brines in Canada.

Through a joint venture called the Prairie-LiEP Critical Mineral (PLCM) and pending regulatory permits, stage one of the project is expected to begin next month in Saskatchewan.

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BYD secures first deal with major global OEM as Ford aims to secure lithium-ion battery supply

Wed, 06/03/2020 - 10:50 -- Paul Crompton

Ford is set to source batteries through and lithium-ion and nickel-metal hydride battery maker BYD.

It is the first time the Chinese firm BYD (which stands for Build Your own Dreams) has made a deal with a major global automaker. 

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Plans to build lithium-ion and lithium-sulfur gigafactory in Norway are underway

Fri, 05/29/2020 - 13:10 -- Paul Crompton

Battery maker Morrow Batteries— a joint venture between Graphene Batteries and Agder Energy Ventures— has announced plans to establish a gigafactory in Norway. 

Work on the 32GWh factory, which will consist of four equal modules of 8GWh, is expected to begin next year with the first section planned to be ready in 2024.

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EnerSys announces board room changes as long-standing members retire

Thu, 05/28/2020 - 12:14 -- Paul Crompton

Lead-acid and lithium-ion battery maker EnerSys announced on 27 May that its long-standing board members John Lehman and Dennis Marlo would retire from the EnerSys board of directors next month.

The pair are due to stand down at the annual stockholders meeting due on 30 July because the US firm’s corporate governance guidelines provide that no director may stand for re-election after they reach 75 years old.

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China lithium-ion battery maker reveals plans for 5GWh plant in the country

Thu, 05/28/2020 - 10:53 -- Paul Crompton

Chinese battery producer Jiangsu Pylontech has announced plans for a 5GWh a year lithium-ion battery production plant in China’s southeast Jiangsu province.

Pylontech, a subsidiary of Chinese telecom operator ZTE, that mainly produces lithium iron phosphate (LFP) batteries expects the plant to be completed in three phases by the end of 2022.

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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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Clarios names full-time CEO

Fri, 05/22/2020 - 11:01 -- Paul Crompton

Lead-acid and lithium-ion battery maker Clarios has hired Mark Wallace, as the company’s new president and chief executive officer.

Wallace joined Clarios—  formerly Johnson Controls Power Solutions— on 18 May and succeeds interim CEO John Barkhouse, who will continue as chair of the board. 
 

 

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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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Exide files for Chapter 11 bankruptcy as it looks to value-maximise sale of its businesses

Tue, 05/19/2020 - 17:00 -- Paul Crompton

US lead-acid battery maker Exide Technologies has agreed to sell its EMEA and Asia Pacific business and plans to sell its North America interest as it faces down its third Chapter 11 crisis in two decades.

The announcements come as the company and some of its US subsidiaries filed voluntary Chapter 11 petition of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

The Georgia-headquartered firm began voluntary Chapter 11 proceedings to facilitate the sale of its North American operations.

In a letter to its suppliers on 19 May, the firm said it had entered into an agreement to sell the EMEA and Asia Pacific business to an ad-hoc group of its noteholders.

The EMEA and South Pacific business is not included in the Chapter 11 proceedings and continues to operate as a stand-alone company independent from Exide Americas.

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