Battery recycling technology company Lithion has received $22.5 million in funding from the Quebec government. It will use the funding to develop its facilities in Quebec. Some will be invested in a battery dismantling and reprocessing plant the company expects to open in 2023, and some will finance engineering studies for the construction of a… Read more »
Search Results Found For: "battery plant"
Northvolt to purchase paper mill in Sweden for cathode and cell plant
Swedish battery manufacturer Northvolt has signed a letter of intent to purchase a former paper mill, which it plans to develop into a cathode and cell production plant. The Kvarnsveden Mill in Borlänge, Sweden closed in 2021. Northvolt plans to refurbish the facilities and infrastructure to develop a cathode and cell production plant, which is… Read more »
New Hyundai plant to produce EVs in Indonesia
Hyundai has launched a new automotive plant that will produce Indonesia’s first locally assembled EV. In 2019, Hyundai said it would invest $1.55 billion in the plant by 2030. Initial capacity is 150,000 vehicles per year, and this will later be expanded to 250,000. The new assembly plant will be linked with a Hyundai-LG joint… Read more »
LG Energy Solution to invest $1.7 billion to expand its plant in Holland, Michigan
LG Energy Solution plans to invest $1.7 billion at its battery component plant in Holland, Michigan, an expansion that’s expected to quintuple the plant’s capacity. The facility manufactures large lithium-ion polymer battery cells and packs for EVs. The company is one of the largest employers in the community, and now has 1,495 employees in Michigan…. Read more »
DOE announces $5 million to launch battery workforce initiative
The US Department of Energy (DOE), in coordination with the Department of Labor and the AFL-CIO, has announced the launch of a national workforce development strategy for lithium-ion battery manufacturing. As part of a $5-million investment, DOE will support up to five pilot training programs in energy and automotive communities, and advance workforce partnerships between… Read more »
Panasonic Energy CEO talks about Tesla’s 4680 battery cells
Panasonic has been working on 4680 battery cells for Tesla for a year and a half now, and plans to begin full-scale production in Japan in 2023. Kazuo Tadanobu, CEO of Panasonic’s Energy Division, recently offered some details about the innovative cells in an interview with Bloomberg. Tadanobu stressed the difficulty of developing the new… Read more »
Ascend Elements to recycle battery manufacturing scrap for SK Battery America
Battery recycling specialist Ascend Elements (formerly Battery Resourcers) has been selected by SK Battery America (SKBA) to recycle both cell and module battery manufacturing scrap from SKBA’s manufacturing facility in Commerce, Georgia. The scrap material will be recycled at Ascend Elements’ new 154,000-square-foot battery recycling facility in Covington, Georgia, which is designed to recover 98%… Read more »
The Road To Sustainable Battery Material Production In The US
Learn how to significantly lower material costs and be agile enough to build battery plants domestically. Automotive OEMs have set lofty goals toward electric vehicle production. Cell and battery manufacturers have made significant investments in US-based production plants to help meet these goals. However, there are several critical element missing, there is currently no US… Read more »
Umicore to introduce new generation of battery recycling tech
Materials technology and recycling company Umicore will introduce a new generation of its proprietary battery recycling technology in 2022, and has reached an agreement with Automotive Cells Company (ACC) to provide battery recycling services. Umicore says the new generation of its battery recycling technology recovers 95% of the cobalt, nickel and copper from batteries, as… Read more »
Volvo revamps Swedish plant to produce next-gen EVs, adds Tesla-style megacasting
Volvo Cars plans to invest SEK 10 billion ($1.07 billion) in its Torslanda manufacturing plant in Sweden over several years, in preparation for the production of its next generation of EVs. The company will introduce a number of new technologies and manufacturing processes at the plant, including the Tesla-pioneered technique of megacasting of aluminum body… Read more »