Search Results Found For: "LG"

OCSiAl to build nanotube facility and R&D center in Luxembourg

Graphene nanotube manufacturer OCSiAl has received approval from Luxembourg authorities for a graphene nanotube synthesis facility to begin production in 2025, as well as an R&D center in Differdange, Luxembourg. The company’s graphene nanotubes are used by lithium-ion battery manufacturers. The company plans to invest $300 million in the production facility, which it says will… Read more »

Addionics raises $27 million in Series A funding for Smart 3D Electrodes

Battery technology company Addionics has raised $27 million in Series A funding from Deep Insight, Catalyst Fund, Delek Motors, Dr. Boaz Schwartz, Dr. David Deak and others. The funding will be used for developing and commercializing batteries with the company’s Smart 3D Electrodes, hiring additional team members and increasing the company’s activities in the US… Read more »

2021 global trends in EV battery production: 3 Asian firms dominated

Adamas Intelligence’s latest EV Battery Capacity and Battery Metals Tracker describes the key trends in the EV battery industry in 2021. A record amount of passenger EV battery capacity was deployed, three companies claimed 67% of the global market, and Tesla was a dominant influence. According to Adamas Intelligence, 286.2 GWh of passenger EV battery… Read more »

Li-Cycle to operate battery recycling facility at Ultium Cells factory in Ohio

Battery recycling firm Li-Cycle expects to begin operating a battery recycling facility in Warren, Ohio in early 2023 as part of its hub-and-spoke model. Li-Cycle will install and operate its proprietary Spoke technology and equipment on the site of the Ultium Cells battery manufacturing megafactory, which is currently under construction. Its output will be black… Read more »

Nissan LEAF earns $4,200 in Fermata Energy V2X pilot

Vehicle-to-everything (V2X) fans tout bidirectional charging as a way for fleets (or perhaps even individuals) to generate income and defray the cost of going electric. Now Fermata Energy has announced the results of a summer-long pilot project in which a customer-owned EV earned over $4,200 by participating in a utility demand response (DR) program. In… Read more »

BMS manufacturer EMUS opens office in South Carolina

Lithuanian battery management system (BMS) manufacturer EMUS opened its first foreign office in Greenville, South Carolina. “Many factors came together in choosing the Upstate region: South Carolina is famous for engineering companies, home to major OEMs, the closest time zone to Europe and [has] a balanced cost of living with ease of access to international… 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 »

Charged and umlaut continue partnership on 2021 EV Charging Infrastructure Benchmark

Q&A with Hakan Ekmen, Managing Director umlaut For the second year in a row, Charged has partnered with the global engineering and consulting firm umlaut to test and compare the user experience at the top DC fast charging networks and bring you the 2021 EV Charging Infrastructure Benchmark. In 2020, after performing a comparative study… Read more »

GM to invest $7 billion in Michigan plants, mostly for battery cells and electric trucks

GM has announced new investment of more than $7 billion in four Michigan manufacturing sites, calling it “the single largest investment announcement in GM history.” Most of the new investment, which is expected to create 4,000 new jobs, is aimed at increasing battery cell and electric truck manufacturing capacity. Projects include the construction of a… Read more »