US EV battery developer Sion Power has installed a new large-format battery cell production line, developed in partnership with Mühlbauer Group. The cells demonstrate the scalability of the company’s lithium anode technology for EV manufacturers and represent a step toward commercializing its Licerion battery. Licerion doubles energy density compared with graphite and silicon anode chemistries,… Read more »
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Sion Power advances Licerion battery commercialization with production line
US battery technology developer Sion Power has taken a step toward commercializing its Licerion battery technology by installing a new large-format battery cell production line, which it developed in partnership with Germany’s Muhlbauer. The new fully automated manufacturing line will be capable of producing 75 MWh of 56 Ah lithium metal cells annually. It will… Read more »
Why are so many Western battery startups failing?
The US and Europe badly need to start manufacturing battery cells, and break the Chinese dominance of the market. But there’s no joy in Batteryville these days—once-promising startups are failing and/or scaling back their plans. Northvolt, a European company that was founded in 2017, and raised over $13 billion, has struggled for two years to… Read more »
LG Energy Solution will invest $3 billion in US plant to supply Toyota with EV batteries
Another sign that the sleeping Japanese giant is starting to stir: Toyota has signed a supply agreement with Korean battery-maker LG Energy Solution for lithium-ion batteries that Toyota will use in its US-built EVs starting in 2025. LGES will invest $3 billion in its Holland, Michigan battery facility for dedicated production lines to supply a… Read more »
Hyundai and LG Energy Solution invest additional $2 billion in Georgia battery plant
Hyundai and South Korean-headquartered battery maker LG Energy Solution (LGES) have announced a $2-billion expansion of their battery cell manufacturing joint venture at Hyundai’s EV Metaplant in Bryan County, Georgia, bringing the total investment value of the JV to $4.3 billion. At full operational capacity, the 30 GWh facility is expected to support annual production… Read more »
3D smart sensors for inline EV battery inspection
Sponsored by LMI. The increase in demand for EV Batteries has already permanently transformed the car manufacturing landscape, with almost all major automotive companies now operating electric vehicle production lines. While electric vehicles do have less moving parts than their internal combustion engine (ICE) counterparts, manufacturing them is still extremely complex. From stators and rotors,… Read more »
LG Energy Solution invests AUD20 million in Green Technology Metals for lithium supply
LG Energy Solution and lithium exploration company Green Technology Metals (GT1) have signed an AUD20-million equity subscription agreement and an offtake term sheet, giving LG access to future production from GT1’s flagship Seymour Project in North America. According to the offtake term sheet, GT1 will sell LG Energy Solution 25% of its spodumene concentrate production… Read more »
Hyundai and LG Energy Solution partner on US battery manufacturing facility
Hyundai Motor Group and South Korea-based battery manufacturer LGES have signed an MOU to produce EV batteries in the US at a location in Bryan County, Georgia, adjacent to Hyundai’s Metaplant America currently under construction. Hyundai and LGES will each hold a 50% stake in the JV, which will involve an investment of more than… Read more »
LG Energy Solution and Syrah Resources collaborate on testing natural graphite
LG Energy Solution (LGES) will work with Syrah Resources on the testing and verification of natural graphite anode material. Syrah’s facility in Vidalia, Louisiana, which is slated to begin production in 2023, will supply the natural graphite. “Our partnership with Syrah demonstrates our devotion to diversifying the critical minerals portfolio by directly procuring from local… Read more »
Snow Lake Resources and LG to partner on lithium supply for North American EV market
Snow Lake Resources—doing business as Snow Lake Lithium—has signed a non-binding Memorandum of Understanding (MOU) with LG Energy Solution (LGES) to collaborate on a lithium supply chain for the EV market in North America. As part of the MOU, Snow Lake Lithium plans to supply lithium to LGES from 2025 to 2035 from its Snow… Read more »
