LG Chem and GM have announced a binding agreement for the supply of cathode active material (CAM), a key battery material consisting of processed nickel, lithium and other materials that represents about 40% of the cost of a battery cell. LG Chem plans to supply more than 950,000 tons of CAM to GM from 2022… Read more »
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Northvolt raises $1.1 billion to expand cell and cathode material production in Europe
Northvolt has raised $1.1 billion from investors to expand battery cell and cathode material production in Europe. The company’s cell production facilities include Northvolt Ett Gigafactory and a joint venture with Volvo in Sweden as well as the Northvolt Drei Gigafactory in Germany. Northvolt is also developing Northvolt Fem—a cathode factory in Sweden. “A key… Read more »
InoBat demonstrates battery production using recycled cathode materials
InoBat Auto has reached what it calls “a key milestone in the development of its design capabilities,” proving that recovered materials from used batteries can be re-used in the production of new batteries. Together with its recycling partners, InoBat has confirmed, using its cell optimization and design mechanisms, that recovered active cathode material from end-of-life… Read more »
Electrical Insulation Materials In E-Drives: Sustainability. Performance. Efficiency.
The electric industry has seen a wave of new development during the past decade. E-mobility and energy transition towards renewable resources have been key drivers to this evolution without any doubt. Yet new advances allow improving the sustainability of e-drives even further, be it through new motor designs or materials that allow for less copper… Read more »
BASF and SVOLT enter cathode active material partnership
BASF and SVOLT have entered into an agreement to partner throughout their global operations with regards to cathode active materials (CAM) development, raw materials supply and battery recycling for SVOLT’s battery cells. Both companies will also assess joint upstream resourcing to strengthen the security of raw material supply. BASF has a global manufacturing and R&D… Read more »
Ford and Redwood Materials to collaborate on battery recycling
Redwood Materials, the battery materials firm founded by Tesla cofounder JB Straubel, has announced a partnership with Ford. The two companies will work together to “create a closed loop for battery recycling and a domestic supply chain for critical battery materials.” Ford also made a strategic investment of $50 million in Redwood. “Excited to work… Read more »
Tesla co-founder JB Straubel’s company to produce battery materials in US
Redwood Materials, the battery recycling venture founded by former Tesla CTO JB Straubel, came out of stealth mode last year, and announced that it is recycling scrap from Panasonic’s battery cell production at Tesla’s Gigafactory Nevada. In July, it raised $700 million in new investment. Now Redwood has dropped a bit of a bombshell: it… Read more »
Tesla says new recycling process recovers 92% of battery materials
Battery recycling will be a critical part of the future e-mobility ecosystem, as Tesla has understood from the beginning. The California carmaker has been working with various firms to recycle its end-of-life battery packs for several years. One of these is Tesla co-founder JB Straubel’s company, Redwood Materials, which is recycling scrap from Panasonic’s battery… Read more »
LG Chem to invest $5.3 billion in battery materials by 2025, aims to rule anode market
LG Chem plans to invest 6 trillion South Korean won ($5.3 billion) in battery materials by 2025, including efforts in anode materials, separation membranes, cathode binders, radiant adhesives and carbon nanotubes. LG Chem’s goal is to grow into the world’s largest comprehensive battery materials company, and to become the world’s number-one supplier of anodes. A… Read more »
United Mineral & Chemical acquires Pred Materials
United Mineral & Chemical (UMC), a supplier of semiconductor materials, has acquired Pred Materials International (PMI), a corporation serving energy storage, structural ceramic and electronic materials markets. PMI joins UMC’s Deposition Products Group in Lyndhurst, New Jersey. Alexandre Leviant, CEO of ICD Group, the parent company of UMC, said, “The acquisition of Pred Materials enhances… Read more »