Search Results Found For: ""Samsung SDI""

Billions of bucks for US battery plants announced in 2022

Electrifying transportation is going to require beaucoup batteries, and for a raft of reasons, those batteries need to be built near the vehicle markets they serve (not shipped halfway around the world, as is often the case today). The Biden Administration’s Inflation Reduction Act includes incentives for automakers to source their batteries here in the… Read more »

Adamas Intelligence says LFP cell deployment is up 237% in H1 2022

The latest biannual report on the global EV market from Adamas Intelligence highlights expanding EV sales, as well as the growing popularity of LFP battery chemistries, in the first half of 2022. In the first half of 2022, 6.23 million new passenger EVs were registered around the world—an increase of 42% compared to the same… Read more »

Several battery suppliers are working on Tesla’s 4680 cells

Tesla says its new 4680 battery cell, unveiled at the 2020 Battery Day event, represents a “massive breakthrough” that could enable a new generation of cheaper EVs. However, some industry experts have predicted that mass-producing the new cells will not be easy. Concurrently with developing the new cells, Tesla has been broadening its battery supply… Read more »

Northvolt to supply €2 billion worth of green battery cells to BMW

The BMW Group has signed a long-term battery cell supply contract worth 2 billion euros with Swedish supplier Northvolt. The cells will be produced beginning in 2024 at the Northvolt Ett gigafactory, which is currently under construction in Skellefteå in northern Sweden. Northvolt Ett in Sweden is to go on line in 2021 with an… Read more »

German bakery builds EV charging park with 114 chargers, solar power and battery storage

Who knew that bakers would be major drivers of the electromobility revolution? Mexican bakery giant Bimbo is building its own electric delivery vans, and now we learn that German organic baker Roland Schüren is building what’s billed as Europe’s largest electric car charging park. The bakery’s charging facility is located at the busy Kreuz Hilden… Read more »

Audi plans battery assembly plant in Germany

German automakers know they need to establish a European battery industry, and they’re taking steps to chip away at the stranglehold Asian firms have on the market. Audi is reportedly planning an assembly plant for EV battery packs near its plant in Ingolstadt, Germany. Electrive, citing the Korean blog Guru, tells us that Audi intends… Read more »

BMW revamps battery materials supply chain, signs supply contract for raw lithium

BMW Group has signed a €540-million contract with China’s Ganfeng Lithium for the supply of raw lithium from mines in Australia. The carmaker has restructured its supply chains for its upcoming fifth generation of battery cells. From 2020 on, it will directly source both lithium and cobalt. The raw materials will then pass on to… Read more »

SK Innovation to build second EV battery plant in China

According to a recent article in Business Korea, SK Innovation – a subsidiary of Korea’s giant SK conglomerate – is planning to invest $1.05 billion USD to build an EV battery manufacturing plant in Yancheng, China. The new plant will join the company’s pre-existing battery plant in Changzhou. SK Innovation’s plans for the new plant… Read more »