Innovative Process Enables The Recycling And Reuse Of Electric Vehicle Battery Components On A Commercial Scale
The UK’s electric vehicle (EV) sector is set for rapid expansion over the next decade, owing to the UK’s commitment to Net Zero Carbon emissions by 2050. With a ban on the sale of petrol and diesel cars coming into…
LG, Hyundai To Build $1.1 Billion Electric Vehicle Battery Plant In Indonesia To Tap Nickel Supply
South Korean conglomerates Hyundai and LG will jointly build a $1.1 billion electric vehicle battery plant in Indonesia to take advantage of the Southeast Asian country’s potentially vast consumer market and rich natural supply of nickel. The 50-50 joint venture,…
Nissan, AESC To Build $460 Million Car-Battery Plant In Japan
Nissan Motor Co. is unveiling plans for a second car battery factory, betting that demand for electric vehicles will justify the investment in additional capacity. Envision AESC and Nissan will jointly operate the plant, to be built in Ibaraki prefecture…
LG Chem To Invest 6 Trillion Won In Battery Business
LG Chem is aiming to invest 6 trillion won (4.4 billion euros or 5.2 billion dollars) in the expansion of its battery materials business for electric cars by 2025. They want to establish a new cathode material facility in Gumi,…
A Tweak In The Battery Chemistry Could Double Electric Vehicle Range
Researchers at the Pacific Northwest National Laboratory (PNNL) have made a chemical breakthrough that they believe will allow electric vehicles batteries to hold almost twice the energy of their traditionally-used lithium-ion counterparts. The solution in question is a lithium-metal chemistry…
Sumitomo To Invest $424 Million In Cathode Material Production
The Japanese raw materials company Sumitomo Metal Mining has announced its intention to invest 47 billion yen (about 424 million USD) in expanding its production capacities for cathode materials. The company cites the car industry’s growing demand for batteries as…
Volvo Car And Northvolt Build Giga-Factory In Europe
As a first step for the 50/50 joint venture, Volvo Car Group and Northvolt aim to set up a research and development centre in Sweden that will begin operations in 2022. The centre is intended to build on the battery…
Researchers Develop Electric Vehicle Battery Made From Seawater And Wood
The rise of electric vehicles has driven the demand for batteries and the materials to produce them, however, raw materials for lithium-ion batteries are becoming more scarce or ethically troubling to extract. One company has claimed to have created the…
Foxconn Invests $36 Million In EV Partnership With Gigasolar
Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone maker, said the investment via a private placement through a Taiwan-based subsidiary will make…
Sweden’s Northvolt Raises Further $2.75 Billion To Boost EV Battery Making
Swedish battery developer and manufacturer Northvolt has raised $2.75 billion to expand its battery manufacturing capacity in Europe to meet growing demand for electric vehicle batteries and help the EU achieve its “Green Deal” objectives, the company said. This latest…
