In an update to its 2020 study, the Faraday Institution examines the UK EV market and forecasts future demand for battery production. The new report, “UK Electric Vehicle and Battery Production Potential to 2040,” predicts that by 2030, the UK will need around 100 GWh of annual supply to satisfy the demand for batteries for… Read more »
Search Results Found For: "AESC"
Global Li-ion battery production capacity could reach 6 TWh by 2030
Global lithium-ion battery production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade, according to lithium industry authority Benchmark Mineral Intelligence. Battery manufacturing facilities (now invariably referred to as “gigafactories”) are being built by automakers and battery suppliers around the world. Total lithium-ion capacity (existing or under construction) has doubled… Read more »
Mercedes battery pack plant in Alabama will shorten supply chain, reduce emissions
Mercedes-Benz has opened a battery pack factory in Bibb County, Alabama, near a plant in Tuscaloosa where the company will soon be building its new EQE and EQS electric SUVs for the US market. The new plant will not be manufacturing cells, but rather assembling purchased cells into packs for the EQE and EQS. The… Read more »
Nissan to build a 35 GWh battery plant and produce a new electric crossover in Sunderland, UK
Many in the media have been asking two questions about Nissan. As its aging Leaf becomes a byword for EV obsolescence, will the company rejuvenate its once cutting-edge electrical efforts? And, amid the uncertainty following Brexit, will the automaker remain committed to its Nissan Motor Manufacturing plant in Sunderland, England, which employs some 7,500 workers?… Read more »
Five companies produce almost all EV battery cells for the US market
Five companies (AESC, LG Chem, Panasonic, Samsung and SK Innovation) produced almost all the battery cells used in plug-in vehicles for the US market over the past decade. Total capacity produced was 75,933 MWh. Panasonic supplied 74% of all the cells, and a majority of these were installed in Tesla battery packs. A small percentage… Read more »
JB Straubel’s Redwood Materials inks recycling deal with Nissan’s battery supplier
Redwood Materials, the battery recycling venture founded by former Tesla CTO JB Straubel, has signed an agreement to recycle scrap and defective battery cells for Envision AESC, which manufactures batteries for the Nissan LEAF in Smyrna, Tennessee. Recycling batteries is not only environmentally sound, but it may soon become an economic necessity, as demand for… Read more »
Majority of demand for nickel and cobalt coming from 5 battery suppliers
In 2019, over 59,000 tons of nickel and 14,400 tons of cobalt were deployed globally in passenger EV batteries, a one-year increase of 39% and 34%, respectively, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. Panasonic used 51% of the global market share of nickel (down from 56% in 2018),… Read more »
Nissan reveals long-awaited second-gen LEAF
Since the Bolt and Model 3 cracked the 200 mile/$40k barrier earlier this year, we’ve been eagerly waiting to see how EV pioneer Nissan would respond. Well, the company has just unveiled its new 2018 LEAF and…we’re not sure what to think. From a technical standpoint, the next-gen model offers only an incremental improvement –… Read more »
Navigant Research crowns LG Chem as the Li-ion leader
A recent Leaderboard Report from Navigant Research examines the strategy and execution of eight leading EV battery manufacturers. Navigant puts LG Chem in first place, followed closely by Panasonic and Samsung SDI. A rung below these “Leaders” are what Navigant calls “Contenders,” including AESC, BYD, Johnson Controls and A123. Navigant projects the global market for… Read more »
Lux Research: LG Chem threatens Panasonic’s position as world’s top EV battery supplier
Japanese giant Panasonic is by far the largest automotive batter supplier at the moment, with a 39% market share. According to a new report from Lux Research, it will probably hang onto that position, increasing its share to 51% as EV batteries grow to a $30-billion market by 2020. However, there’s a real possibility that… Read more »