Polypore International subsidiary Celgard has entered into a strategic alliance with American Battery Factory (ABF) to produce LFP batteries. Under the terms of the agreement, Celgard will supply 100% of ABF’s separator needs for LFP battery cells in the US. “LFP represents an important market, and Celgard dry-process membrane separators offer a high-performance technology solution… Read more »
Search Results Found For: "battery factor"
Samsung SDI begins work on second battery factory in Malaysia
Samsung SDI has begun constructing its second battery production facility in Malaysia. The company says the plant, which is located in Seremban, will begin mass production of PRiMX 21700 cylindrical battery cells for power tools, micro-mobility applications and EVs in 2024. The company plans to invest 1.7 trillion won ($1.3 billion) in the production lines… Read more »
Hyundai to build EV assembly and battery factory in the US
Hyundai COO Jose Muñoz announced at the recent at the New York International Auto Show that his company will build a factory in the US for electric vehicle assembly and batteries. Automotive News reports that Hyundai plans to invest $300 million and create 200 new jobs at the plant. The automaker will choose a location… Read more »
Britishvolt secures £40 million additional investment for UK battery factory
UK startup Britishvolt, which has an ambitious plan to build one of the UK’s few large-scale battery factories, has secured £40 million in new investment from mining giant Glencore. Britishvolt aims to triple its funding with £200 million in a third funding round, with Glencore serving as the anchor investor. Earlier funding rounds valued Britishvolt… Read more »
Exec leaves Tesla to lead new Volvo/Northvolt battery factory in Sweden
By all accounts, Tesla’s battery tech is superior to anything currently available to the legacy automakers. So, if you can’t beat ‘em, what do you do? You join ‘em—or poach some of their battery talent to lead your own efforts. Battery developer Northvolt was founded in 2017 by two Tesla alums who were involved in… Read more »
Proterra to build new EV battery factory in South Carolina
Commercial EV OEM Proterra (NASDAQ: PTRA) plans to open a new manufacturing plant in South Carolina to produce battery systems for its Proterra Powered division, which provides batteries for other EV-makers’ commercial vehicles, including delivery and work trucks, industrial equipment, buses and more. The new factory will be Proterra’s third battery production facility. In December… Read more »
Stellantis and LG Energy Solution to build battery factory for North American EV market
Stellantis and LG Energy Solution have agreed to form a joint venture that will produce battery cells and modules for North America at a new production facility. The companies are obviously fans of EV journalist John Voelcker, who praised Ford and GM for announcing new battery facilities in a recent Car and Driver article, and… Read more »
GM boosts EV investment, plans to build more US battery factories
GM has raised the stakes in what’s starting to look like a lively EV rivalry with Ford. The nation’s largest automaker now says it plans to invest $35 billion in electrification over the five years ending in 2025—the second increase in its announced figure in the last eight months. By 2025, GM plans to offer… Read more »
GM and LG may build a second battery factory in Tennessee
If GM is going to electrify most of its lineup by 2035, it’s going to need a lot more batteries. Sending out press releases is fast and free, but building supply chains takes years and billions, so one indication of whether the automaker’s announced deadline is a serious objective or a mere aspiration will be… Read more »
BMW’s Chinese JV opens battery factory in Shenyang
The BMW Brilliance Automotive joint venture has opened a new battery factory in Shenyang, China. The High-Voltage Battery Center will supply the nearby Dadong plant, which will produce the BMW 5 Series Plug-in Hybrid for the local market. BMW produces electrified vehicles at ten locations worldwide. The high-voltage batteries needed for these models come from… Read more »