Search Results Found For: ""Samsung SDI""

Webasto starts battery production, prepares to enter China

German automotive supplier Webasto has begun producing EV batteries at the company’s manufacturing plant in Schierling, Germany. The first battery packs will go to an unnamed European bus maker. Three years ago, Webasto decided to branch out of its core business of roofs and heaters and expand into electromobility, with charging solutions and battery systems…. Read more »

Is China opening up its EV battery market to foreign suppliers?

China has eliminated its list of “recommended battery suppliers,” according to the industry ministry. Foreign battery-makers hope this will open up the country’s market for EV batteries. When the list was first published in 2015, it included only Chinese firms, a policy designed to aid China’s domestic battery sector. Foreign battery-builders complained that the list… Read more »

BMZ orders $1 billion worth of Samsung Li-ion cells for European EVs

Battery system manufacturer BMZ is launching a long-term cooperation with Samsung SDI, and plans to order just under $1 billion worth of Li-ion cells over the next five years. BMZ says its European automotive customers will double their EV production volumes in the coming year, and is responding by expanding manufacturing capacity of its Li-ion… Read more »

BMW signs billion-dollar battery supply contract with China’s CATL

Contemporary Amperex Technology Ltd (CATL) is on a serious roll – China’s biggest battery builder issued a successful IPO on the Shenzhen stock exchange earlier this month, and has been announcing new supply contracts left and right – Daimler, Honda, Nissan/Renault, SAAB successor NEVS and EV startup Byton are now customers, and there are rumors… Read more »

A look at Lucid Motors: Q&A with CTO Peter Rawlinson

The legacy automakers are slowly and methodically developing new EVs, with various levels of enthusiasm, but the most ambitious plans for new vehicles are coming from a handful of EV startups. Most of these pioneers of the new auto industry share a formula: deep-pocketed investors (many from China), former Tesla employees on staff, and plans… Read more »

Chile selects two companies for lithium projects

Chile’s state development agency, CORFO, has selected the Chilean firm Molymet and China’s Fulin Group (a joint venture between Samsung SDI and South Korea’s POSCO) to develop value-added lithium products in Chile. Within two years, the companies are expected to be ready to produce some 58,000 metric tons of cathode materials per year. This announcement… Read more »

VW secures battery supplies to support major EV expansion

Volkswagen says it has lined up 20 billion euros ($25 billion) worth of battery supplies to support a significant increase in EV production over the next few years. The world’s largest automaker will equip 16 factories to produce EVs by the end of 2022, compared with the three it has today. VW says it plans… Read more »

POSCO begins lithium production in Korea

Korea-based steel-maker POSCO has begun commercial production of lithium in South Korea for the first time. In February, POSCO completed a lithium extraction plant with an annual capacity of 2,500 tons. Speaking at the opening ceremony, Jong-joo Kim, the Director of the Korean Ministry of Trade, Industry and Energy, noted that Korea, a major battery… Read more »