Search Results Found For: "Lithium Iron Phosphate"

GM to import EV batteries from China’s CATL

GM plans to import EV batteries from Chinese battery giant CATL. The arrangement is a temporary one, meant to tide GM over for a couple of years until it establishes its own domestic supply of lower-cost batteries made with lithium iron phosphate (LFP) chemistry, “a source familiar with the matter” told Reuters. “For several years,… Read more »

Estes Energy raises $11 million in seed round for multi-chemistry battery platform

US-based materials and manufacturing firm Estes Energy has raised $11 million in seed capital to finalize development of its multi-chemistry battery pack platform and establish manufacturing operations in the US. The platform is capable of using either nickel manganese cobalt (NMC) and lithium iron phosphate (LFP) cells. The round was co-led by BMW i Ventures… Read more »

SK On targets North American LFP battery market for energy storage

South Korean battery and trading company SK On plans to accelerate its lithium iron phosphate (LFP) battery business targeting North America’s energy storage system (ESS) market. The company has signed a memorandum of understanding (MoU) with South Korean battery materials maker L&F to supply LFP cathode materials for the North American market. The agreement outlines… Read more »

Ultion secures Series A funding to build US battery manufacturing capacity

Ultion Technologies, a fully-integrated US producer of advanced lithium iron phosphate (LFP) battery cell technology, has closed a Series A funding round led by Torus, a Utah-based full-stack energy storage solutions developer. Nevada state-sponsored venture capital program Battle Born Venture, which is overseen by the Governor’s Office of Economic Development (GOED), also participated in the… Read more »

AZL launches joint partner project on fire safety testing for EV battery casings

AZL Aachen is launching a new Joint Partner Project entitled “Thermal Runaway Testing for Battery Casings—Benchmarking Systems for High-Gradient Heating and Hot Particle Blasting,” focused on developing and implementing a realistic and reproducible fire testing environment for structural and functional materials used in EV battery housing systems. The project centers around the development and implementation… Read more »

Livium targets rare earth extraction from recycled batteries

Lithium production and battery recycling firm Livium, previously known as Lithium Australia, has started discussions with Australian and International developers of rare earth element (REE) extraction technologies, to support growing demand for REE recycling through collaborations such as licensing agreements. REE extraction would be an extension of recycling services for Livium’s enterprise client base, representing… Read more »

Ultium Cells to upgrade Tennessee plant for LFP battery cell production

Ultium Cells, a joint venture between General Motors and LG Energy Solution, will upgrade its Spring Hill, Tennessee battery cell manufacturing facility to scale production of low-cost lithium iron phosphate (LFP) battery cells, building on a $2.3-billion investment announced in 2021. Conversion of battery cell lines at Spring Hill to produce LFP cells will begin… Read more »

LG Energy Solution, Tesla build LFP battery plants in the US

Lithium iron phosphate (LFP) batteries are all the rage these days. Although they offer lower energy density than batteries based on NMC (lithium nickel manganese cobalt) chemistries, they tend to be cheaper, and their ingredients are more readily available, less toxic and less controversial. Automakers including Ford and Stellantis are steadily building production capacity for… Read more »

IDEEL project achieves laser drying breakthrough for efficient battery cell production

The Implementation of Laser Drying Processes for Economical & Ecological Lithium Ion Battery Production (IDEEL) research project in Germany developed a laser-assisted roll-to-roll (R2R) drying process that could reduce the cost of lithium-ion battery manufacturing, according to German research organization Fraunhofer FFB. The hybrid process combines conventional, oven-based convection drying with laser drying based on… Read more »