Search Results Found For: "battery plant"

DOE report examines opportunities for US battery manufacturers

Asia currently dominates automotive lithium-ion cell production – it controls around 79% of the market. However, a recent report by the DOE’s Clean Energy Manufacturing Analysis Center (CEMAC) found that the US has a growing opportunity in the industry, which is expected to swell from the current $9 billion to $14.3 billion by 2020. The… Read more »

Sumitomo Chemical increases production capacity for battery separators

Sumitomo Chemical is ramping up production capacity for its Pervio lithium-ion secondary battery separators. Production at the company’s Ohe Works in Niihama, Japan will be raised to approximately 1.3 times the current capacity by next spring. The company also plans to build a new plant for Pervio at its subsidiary in South Korea, to start… Read more »

LG Chem inks battery deal with Great Wall

Korean battery-maker LG Chem has made a deal with China’s Great Wall Motor to supply lithium-ion batteries for the carmaker’s upcoming plug-in hybrid SUVs, which are scheduled to go into production in 2017. LG Chem has extended its cooperation with Chinese carmakers in recent years, and with the Great Wall deal, the company says that… Read more »

Sources say Samsung to provide battery packs for BMW X5

Industry sources expect Samsung SDI to provide battery packs for BMW’s upcoming X5 Plug-in Hybrid SUV, according to Korean news agency Yonhap. In July 2014, BMW and Samsung agreed to expand their supply relationship. The Korean company’s battery cells power the BMW i3 and i8, and market research firm IHS expects Samsung to increase shipments… Read more »

Energy Power Systems announces new Michigan battery manufacturing facility

Battery-maker Energy Power Systems plans to establish a high-volume manufacturing facility in Pontiac, Michigan. The new 150,000-square-foot facility will produce batteries for use in start/stop and micro-hybrid vehicles; utility-scale distributed energy storage; renewable energy integration; and fast-charging infrastructure for EVs. Full-scale production is expected to begin in early 2016. Initial annual capacity will be 500… Read more »

Local Chinese governments award Boston Power funding to expand plants

Battery manufacturer Boston Power has secured $290 million in local government support for the expansion of its two facilities in China. The company’s Liyang facility will increase its manufacturing capacity fivefold by 2016. Its Tianjin facility is expected to reach 8 GWh in manufacturing capacity by 2018. Boston Power expects China’s EV market to be… Read more »

Daimler subsidiary Li-Tec to cease production of battery cells

Daimler subsidiary Li-Tec will stop producing Li-ion battery cells in December, closing the only German factory currently producing cells for EVs. “Our cells are very good, but at current production figures far too expensive,” Daimler Manager Harald Kröger told Der Spiegel. “We have realized that a car manufacturer does not have to produce the cells… Read more »

Voltabox begins building Li-ion battery packs in Texas

Three Li-ion battery chemistries, the speed of its software and hardware systems configuration and the automotive legacy of Voltabox make this newly-landed American spin-off company a player in the realm of rechargeable batteries for public transit and heavy industrial vehicles. Austin, Texas is known for many things: music festivals, barbequed ribs, the Texas Longhorns, filmmaker… Read more »

LG Chem means to have a 25 percent share of a growing EV battery market

After years of disappointment, the EV market is ready to grow, predicts Prabhakar Patil, CEO of LG Chem Power, and the Korean battery maker means to be one of the top players. “We expect to have a 25 percent share [of the global battery market],” Patil told Automotive News. “We know that we will be… Read more »