No one can yet say exactly what the charging infrastructure of the future will look like, but there’s certainly logic in the idea of installing DC fast chargers at existing gas stations. A small but growing number of station operators in the US have installed fast chargers. Total, BP and Shell are experimenting with EV… Read more »
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SK Innovation and Glencore sign six-year cobalt supply deal
Global mining giant Glencore has signed a deal to supply Korean battery-maker SK Innovation with up to 30,000 tons of cobalt contained in hydroxide between 2020 and 2025. Glencore expects global demand for cobalt for EV batteries to reach 92 kilotons by 2025. The quantity of cobalt supplied under this contract will allow SK Innovation… Read more »
SK Innovation to build second EV battery plant in China
According to a recent article in Business Korea, SK Innovation – a subsidiary of Korea’s giant SK conglomerate – is planning to invest $1.05 billion USD to build an EV battery manufacturing plant in Yancheng, China. The new plant will join the company’s pre-existing battery plant in Changzhou. SK Innovation’s plans for the new plant… Read more »
2019 Kia Niro EV: An impressive electric compact suggests good things from future Kia EVs
Kia may be the auto brand with the biggest disconnect between perception and reality in the US today. It makes stylish, modern vehicles – passenger cars plus a growing range of crossover utilities – packed with advanced features. It’s a legitimate competitor to Toyota, Honda, and others. But ask the average buyer if he or… Read more »
Battery testing start-up Novonix has spun off PUREgraphite to manufacture anode material in the US
Batteries are ubiquitous in our modern lives. Take a look around you and count how many items need be plugged in and recharged. If you’re at your desk, the answer might be four or five. If you’re out for a run, perhaps two or three. If you’re in a garage, there may only be one,… Read more »
VW to build EV assembly plant in Tennessee
VW has been talking big lately about producing EVs in volume, but now we’re beginning to see some real action. The German giant has announced plans to add a second assembly plant in Chattanooga, Tennessee to build EVs for VW, and possibly other Volkswagen Group brands. The company plans to invest $800 million and create… Read more »
Bullish on batteries, Daimler to invest more than $23 billion in battery cells by 2030
To support its goal of electrifying the entire Mercedes portfolio by 2022, Daimler plans to invest more than €20 billion ($23 billion) in battery cells by 2030. The company will also invest €10 billion in expanding the Mercedes-Benz electric fleet and €1 billion in its global battery production network. Daimler currently has battery supply deals… Read more »
SK Innovation announces new battery manufacturing plant in Georgia
Battery developer SK Innovation plans to invest $1.67 billion to build a new EV battery manufacturing plant in Georgia. The new plant will be located in Jackson County, Georgia, and is expected to create more than 2,000 jobs. Construction will occur in two phases, beginning in early 2019. The SK Group already has significant investments… Read more »
BMW takes steps to ensure more responsible production of cobalt
And the dirty little secret of EVs is…cobalt. The metallic element is used in significant quantities in EV batteries. Unfortunately, about half the world’s cobalt comes from the Democratic Republic of Congo (DRC), a war-torn land in which working conditions are bad, and child labor is common. In 2014, as many as 40,000 children worked… Read more »
Korean battery-makers to introduce NCM 811 cells
There’s a new battery cell in town, and everybody’s talking about its better energy density and lower costs. South Korean cell maker SK Innovation recently announced that its new NCM 811 cells would be available in December for stationary storage systems, and in the third quarter of 2018 for EVs. SK’s current cells use an… Read more »