Specialty chemicals firm Clariant has agreed to sell its Energy Storage line of business to Johnson Matthey for $75 million. The division is the world’s largest producer of hydrothermal lithium iron phosphate (LFP), which is used in EVs and stationary battery applications. The transaction includes a manufacturing facility in Candiac, Québec, and an R&D center… Read more »
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Johnson Matthey acquires A123’s cathode materials plant
Johnson Matthey has completed its acquisition of A123 Systems’ cathode materials manufacturing facility in Changzhou, China. The plant produces lithium iron phosphate (LFP), the cathode material that A123 has been using. The companies have signed a long-term supply agreement by which Johnson Matthey will supply all of A123’s LFP requirements. Johnson Matthey will produce A123’s… Read more »
India’s Epsilon Group acquires LFP cathode technology center in Germany
Indian battery materials manufacturer the Epsilon Group has agreed to acquire Johnson Matthey’s lithium-ion phosphate (LFP) cathode active material technology center in Moosburg, Germany. The facility boasts “best-in-class technical capabilities and a workforce with expertise in LFP chemistry, comprehensive product and process development capabilities, and a versatile customer qualification plant designed to verify new materials… Read more »
EV Metals Group clears the way to build a battery material processing plant in Saudi Arabia
The EV Metals Group acquired the battery materials and technology business of Johnson Matthey in 2022. Now subsidiary EV Metals Arabia has advanced its plans to build a battery material processing plant in Saudi Arabia. EVM Arabia has been awarded an allocation of 127 hectares of land from The Royal Commission at Yanbu and a… Read more »
Nano One buys North American LFP cell production facility
Battery cathode materials specialist Nano One has announced the acquisition of Johnson Matthey Battery Materials (JMBM), a Canadian company that operates one of the few LFP cathode production facilities in North America. Nano One will acquire all of the outstanding shares of JMBM for a total of $10.25 million Canadian ($8 million US). The deal… Read more »
UK firms partner to optimize battery technology using carbon nanotubes
Johnson Matthey (JM) has teamed up with CPI and Thomas Swan to explore how to best optimize battery technology. The ICE-Batt project, which receives funding support from the Faraday Battery Challenge, will investigate how carbon nanotubes (CNTs) and graphene nanoplatelets (GNPs) can improve battery performance. Ultimately this could lead to improvements in energy density, power… Read more »
Cummins, the diesel engine powerhouse, has had a busy year expanding its EV systems development
Cummins is a huge presence in the diesel engine market around the globe. The company designs, manufactures and sells billions of dollars’ worth of diesel engines (and some engines powered by “alternative fuels” such as natural gas). Ranging from 2.8 to 95 liters, the company’s engines are found in nearly every type of vehicle and… Read more »
Cummins acquires powertrain provider Efficient Drivetrains
Heavy-duty engine specialist Cummins (NYSE: CMI) has announced plans to acquire Silicon Valley-based Efficient Drivetrains, Inc. (EDI), a producer of hybrid and electric powertrain solutions for commercial vehicles that has often been featured in Charged. Cummins has been investigating the possibilities of electrification for a decade, but has been turning up the voltage over the… Read more »
Cummins debuts new battery pack line-up for commercial vehicles at Battery Show Europe
Indiana-based heavy-duty engine specialist Cummins unveiled its lithium-ion battery portfolio at the recent Battery Show Europe in Hannover, Germany, including battery packs and modules that can be integrated with the company’s new electric and hybrid powertrain portfolio. Cummins’s product range includes the BM44E (44 kWh) and BM20E (20 kWh) low-voltage modules, designed to power material… Read more »