The other shoe has dropped on GM’s decision to take its only volume EV model out of production: a revised Bolt using the new Ultium battery is coming. General Motors CEO Mary Barra said this morning an updated Chevrolet Bolt EV will come to market “on an accelerated timeline,” with new Ultium battery cells replacing… Read more »
Search Results Found For: "LG chem"
Sayona Mining and Piedmont Lithium restart North American Lithium (NAL) project
Australia-based lithium producers Sayona Mining and Piedmont Lithium say they have successfully restarted production of commercial spodumene concentrate at their jointly owned NAL project in Quebec, Canada, at a cost of $80 million. The companies expect the project to be the only major source of new spodumene production in North America in the next two… Read more »
Enevate’s new cells enable a Lightning electric motorcycle to charge in minutes
Battery technology developer Enevate has partnered with Lightning Motorcycles to equip Lightning’s Strike Carbon motorcycle with Enevate’s EV-size fast-charging lithium-ion cells. As part of product validation, Lightning integrated a 24 kWh battery pack with Enevate technology into the Strike Carbon e-motorcycle. It delivered 400 amps at a charge rate nearing 5C, resulting in a charge… Read more »
Cadillac’s ambitious move to an all-electric luxury brand by 2030
The car that once advertised itself as “The Standard of the World” will go all-electric. Can the US luxury brand reinvent itself for a modern era…and for China? Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. It’s a… Read more »
GM reaches agreements with two suppliers of cathode materials
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 »
Panasonic to start producing 4680 battery cells for Tesla in 2023
Tesla’s new 4680 cell features a new chemistry that promises to boost efficiency and reduce costs. Now Panasonic says it is investing heavily in the development of the new cell, and plans to start mass production as early as 2023. The new cell is about twice the size of Tesla’s current 2170 cell, but has… Read more »
Northvolt to invest $750 million to expand Swedish battery lab
Battery manufacturer Northvolt plans to invest $750 million to expand its laboratory facility in Sweden in order to meet soaring demand for lithium-ion batteries. Northvolt says it plans to set up the “first R&D campus covering the entire battery ecosystem.” The order of the day in Europe is to quickly expand domestic battery capacity to… Read more »
Five companies produce almost all EV battery cells for the US market
Five companies (AESC, LG Chem, Panasonic, Samsung and SK Innovation) produced almost all the battery cells used in plug-in vehicles for the US market over the past decade. Total capacity produced was 75,933 MWh. Panasonic supplied 74% of all the cells, and a majority of these were installed in Tesla battery packs. A small percentage… Read more »
GM reveals more technical details of its Ultium battery packs
GM has big plans to release as many as 30 new EV models by 2025—the company claims that, by 2035, its only ICE vehicles will be heavy-duty trucks. The new Ultium battery system is at the heart of GM’s electrification strategy. GM says the Ultium system delivers a pack-level cost close to the magic number… Read more »
Ford CEO: US government needs to support domestic battery production
Ford CEO Jim Farley says the US government needs to support domestic battery production and the rollout of public charging infrastructure. “We need to bring large-scale battery production to the US,” Farley said at a recent financial conference, adding that he planned to bring up the issue in upcoming talks with government leaders. The coming… Read more »