StarPlus Energy has received a conditional commitment from the Department of Energy’s (DOE) Loan Programs Office (LPO) for a loan of up to $7.54 billion to help finance the construction of up to two lithium-ion battery cell and module manufacturing plants in Kokomo, Indiana. StarPlus Energy is a joint venture between FCA US, which is… Read more »
Search Results Found For: "Samsung SDI"
GBA launches second wave of Battery Passport pilots
The Global Battery Alliance has announced the second wave of its Battery Passport pilot program. The GBA is a consortium led by battery manufacturers, including CALB Group, Contemporary Amperex Technology, EVE Energy, Farasis Energy, FinDreams Battery, LG Energy Solutions, Samsung SDI and Sunwoda. These companies’ products comprise some 80% of global EV battery market share…. Read more »
Nissan to use solid-state batteries, gigacasting in its next-gen EVs
Nissan, Japan’s third-biggest automaker by volume, plans to begin producing solid-state batteries for EVs at scale by early 2029, and will also use Tesla-style gigacasting machines in order to increase efficiency and drive down costs on its future EV models. Solid-state batteries are expected to deliver faster charging and longer lifespans than current Li-ion designs…. Read more »
World leading battery companies gather in Munich this June at InterBattery Europe Showcase
Sponsored by InterBattery Europe. InterBattery, South Korea’s largest and most influential exhibition for batteries,is launching for the first time in Europe as “InterBattery Europe Showcase” at ees Europe from June 14 to 16 in Munich. InterBattery Europe Showcase will be presenting global battery industry leaders like LG Energy Solution, Samsung SDI, and LS Electric along… Read more »
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 »
Passenger EV battery capacity reached 134.5 GWh in 2020
In 2020, a total of 134.5 GWh of passenger EV battery capacity was deployed globally in newly sold passenger EVs, an increase of 39.6% over the prior year, according to an analysis by Adamas Intelligence. This figure excludes an additional 15 to 20 GWh of installed passenger EV battery capacity idling in sales channels and… 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 »