Commercial vehicle manufacturer MAN Truck & Bus will invest around 100 million euros over the next five years at its facility in Nuremberg, Germany to develop production of high-voltage batteries for electric trucks and buses. Initially, the batteries will be manufactured manually in a small series production phase that will last about two and a… Read more »
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Renault and Managem Group partner on cobalt sulfate supply
Renault and Moroccan mining company Managem Group have signed a memorandum of understanding (MoU) for the sustainable supply of battery materials. According to Renault, “In 2019, the responsible production of cobalt by Managem Group was confirmed by certification according to the standards of the Responsible Minerals Initiative (RMI), as well as by evaluations by NQC… Read more »
Northvolt raises $1.1 billion to expand cell and cathode material production in Europe
Northvolt has raised $1.1 billion from investors to expand battery cell and cathode material production in Europe. The company’s cell production facilities include Northvolt Ett Gigafactory and a joint venture with Volvo in Sweden as well as the Northvolt Drei Gigafactory in Germany. Northvolt is also developing Northvolt Fem—a cathode factory in Sweden. “A key… Read more »
BASF to build black mass plant in Germany to recycle batteries
BASF has announced it will build a black mass plant for recycling batteries in Schwarzheide, Germany, where it already has a cathode active materials production and recycling facility. The company says the new plant, which is expected to begin production in early 2024, will be built to the highest environmental, health and safety standards. BASF… Read more »
Volvo Energy invests in Connected Energy’s second-life battery business
Volvo Energy has acquired a 10% stake in UK-based second-life battery energy storage specialist Connected Energy for 50 million Swedish kroner ($4.93 million). Volvo Energy is one of five new investors in the company. Volvo Energy, a business area within the Volvo Group, is “dedicated to providing essential support and infrastructure during the first-life, i.e…. Read more »
InoBat demonstrates battery production using recycled cathode materials
InoBat Auto has reached what it calls “a key milestone in the development of its design capabilities,” proving that recovered materials from used batteries can be re-used in the production of new batteries. Together with its recycling partners, InoBat has confirmed, using its cell optimization and design mechanisms, that recovered active cathode material from end-of-life… Read more »
Toyota and Redwood Materials collaborate on closed-loop battery ecosystem
Toyota may be a latecomer to the electrification game, but the company is gradually assembling the components of a circular EV supply chain. Now it has partnered with Redwood Materials, the battery recycling concern headed by JB Straubel, to “explore a series of end-of-life battery solutions for Toyota’s proposed battery ecosystem.” Initially, the collaboration will… Read more »
InoBat and Green Lithium to establish large-scale lithium refinery in the UK
Battery supplier InoBat Auto and mineral processing firm Green Lithium have formed a strategic partnership to build and operate a large-scale lithium refinery in the UK. Green Lithium will supply InoBat with battery-grade lithium chemicals, and the two companies will collaborate to accelerate the development of a “cradle-to-cradle” UK battery value chain, from the provision… Read more »
LG Chem and KEMCO to produce battery precursor materials in South Korea
LG Chem has formed a joint venture with battery materials manufacturer Korea Energy Materials (KEMCO) to invest more than 200 billion KRW ($160 million) in the construction of a battery precursor materials production line in the Onsan Industrial Complex in Ulsan. Construction of the line is set to begin this July. The metals provided by… Read more »
Li-Cycle partners with LG to recycle battery manufacturing scrap
Li-Cycle, LG Chem (LGC) and LG Energy Solution (LGES) have agreed to cooperate on battery recycling and sales. Li-Cycle has agreed to recycle LGES’s battery manufacturing scrap and other lithium-ion battery material from its North American manufacturing sites over a 10-year period. Also, Li-Cycle has agreed to sell 20,000 tons of recycled nickel sulphate to… Read more »