The DOE’s Loan Programs Office has announced a conditional commitment for an $850-million loan to finance construction of KOREPlex, a new production facility that US battery manufacturer KORE Power plans to build in Buckeye, Arizona. Final issue of the loan is several steps away, and is dependent on certain milestones being reached. The plant, part… Read more »
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New EU legislation designed to make EV batteries greener, safer
The EU parliament has approved a new set of rules designed to make EV batteries more durable, more sustainable and better performing. The new regs, which will come into force once the European Council has formally endorsed the text, affect the design, production and waste management of all types of batteries sold in the EU…. Read more »
Stellantis funds Lyten’s lithium-sulfur EV battery technology
Stellantis Ventures, Stellantis’s corporate venture fund, has invested in Lyten to speed up the commercialization of the Silicon Valley startup’s 3D Graphene applications for the mobility sector. Applications include the LytCell lithium-sulfur EV battery, lightweight composites and unique on-board sensors. Lyten’s lithium-sulfur batteries have a 60% smaller carbon footprint than lithium-ion batteries since they do… Read more »
Skeleton and Martinrea to collaborate on fast-charging batteries in refuse collection vehicles
Energy storage device manufacturer Skeleton Technologies and Martinrea International’s Effenco subsidiary, a supplier of electrification technologies for heavy-duty vehicles, will collaborate to supply Skeleton’s SuperBattery technology and Effenco’s Hybrid Electric solution to refuse collection vehicles in major cities across Europe and North America, including New York and Paris. Effenco’s Hybrid Electric solution electrifies the vehicle’s… Read more »
Liacon launches new 12 V lithium iron phosphate battery
German battery manufacturer Liacon has released its new Group 31 lithium iron phosphate (LFP) 12.8 V, 150 Ah battery. Liacon’s LFP battery is designed to replace Group 31 lead-acid batteries for deep-cycle applications such as renewable energy storage, recreational vehicles and marine, according to the company. With 1,000 cranking amps, it can also start diesel… Read more »
KPMG and Circulor partner to provide digital battery passport software package
Multinational professional services firm KPMG and UK-based supply chain traceability firm Circulor have announced an alliance to offer a software package known as a digital battery passport, which enables the tracing, monitoring and control of critical raw materials throughout battery value chains, from extraction to beyond a product’s first life. The software, designed for compliance… Read more »
Designwerk develops HIGH CAB Semi Lowliner battery cells
Designwerk Technologies, an engineering company in Switzerland, is developing a lithium iron phosphate (LFP) battery cell to power the electric HIGH CAB Semi Lowliner 4x2T by 2024. Designwerk claims that LFP batteries offer a high number of charge cycles, extended service life and minimal height. The company’s LFP high-voltage battery systems feature 141 Wh/kg specific… Read more »
LG Chem targets sixfold sales growth in battery materials by 2030
LG Chem has announced a new strategy to become a top global battery materials company. CEO Shin Hak-cheol said at a recent battery conference in Seoul that LG Chem aims to grow its annual battery material sales sixfold, to KRW 30 trillion ($25.5 billion) by 2030. The expansion of the company’s battery business is part… Read more »
China-based Gochin seeks to invest $10 billion in Afghanistan’s lithium mining sector
China-based Gochin has approached the Afghanistan Ministry of Mines and Petroleum with a proposal to invest $10 billion in Afghanistan’s lithium mining sector. The Chinese company suggested that if it is awarded the lithium mining contract, it will invest in several significant Afghan infrastructure projects, including tunnels, a power dam and highways, according to the… Read more »
Umicore begins manufacturing manganese-rich EV battery materials
Umicore plans to commercialize its manganese-rich HLM (high-lithium manganese) cathode active material (CAM) technology for EVs in 2026. This enhances Umicore’s portfolio of NMC (nickel, manganese, cobalt) battery materials for EVs and provides a design-to-cost battery technology. Umicore says HLM outperforms lithium iron phosphate when it comes to total cost of ownership, driving range, safety,… Read more »