Rock Tech Lithium has received a binding letter of intent (LOI) signed by the Ministry for Economic Affairs in Brandenburg, Germany for up to €90 million in subsidies for its Guben Lithium Converter Project. The company also expects to receive another €10 million in federal funding from the German Railway Authority to support the construction… Read more »
Search Results Found For: "raw material"
Hydrovolt invests in battery recycling capacity in France
Battery recycling and raw materials company Hydrovolt, headquartered in Norway, plans to expand its business to France by establishing recycling capacity in Hordain in the north of the country—an area that is an industrial and automotive hub and has four battery gigafactories. The new venture will benefit from the company’s experience in running its major… Read more »
ExxonMobil signs lithium offtake agreement with SK On
Oil companies getting involved in lithium production? Yes. Global EV battery manufacturer SK On has signed a nonbinding memorandum of understanding (MOU) with ExxonMobil for a potential lithium offtake agreement. The terms enable SK On to explore a multiyear agreement that would allow it to secure up to 100,000 metric tons of lithium from ExxonMobil’s… Read more »
Leoni’s new 100% recyclable automotive cables
Making transport more sustainable isn’t only about electric powertrains—companies are finding ways to make all types of components and all aspects of the manufacturing process greener. Automotive wiring specialist Leoni has introduced a new line of vehicle cables that are 100% recyclable and can help to substantially reduce the CO2 footprint of vehicles. LIMEVERSE cable… Read more »
Whitepaper: Sustainable processing for next-generation vehicle manufacturing
Sponsored by Henkel. Learn how Henkel’s processing solutions enable sustainable, next-generation vehicle manufacturing across the value chain, from molten metal to final component Discover how Henkel’s sustainable processing fluids enable significant environmental benefits across key stages of the vehicle lifecycle, including the raw material stage and during customer manufacturing processes. Gain insights into metal-forming lubricants,… Read more »
Honeywell launches battery manufacturing automation software
US electronics giant Honeywell has introduced its Battery Manufacturing Excellence Platform (Battery MXP), software package, which is designed to optimize the operation of gigafactories by improving battery cell yields and expediting facility startups. Battery manufacturers’ material scrap rates can be as high as 30% at steady state and even higher during the gigafactory startup process,… Read more »
Honda and Mitsubishi form EV joint venture
Japanese automotive manufacturers Honda Motor and Mitsubishi have announced plans to establish a new 50/50 joint venture (JV) company called ALTNA in July 2024. The new JV is based on an agreement the two companies signed in October 2023 to collaborate on new EV businesses. ALTNA will combine Honda’s control and connected technologies for EVs… Read more »
Volvo issues EV battery passport 3 years ahead of EU requirements
Volvo Cars is launching what appears to be the world’s first EV battery passport for its flagship EX90 SUV, which is about to start production, the automaker told Reuters. A battery passport documents the origins of the raw materials and components used to manufacture an EV battery, as well as its recycled content and the… Read more »
Goodyear’s ElectricDrive 2 EV tires, in 17 sizes, now available
Goodyear Tire & Rubber has made its ElectricDrive 2 all-season EV tire, announced earlier in the year, available for purchase as scheduled. ElectricDrive 2 features 50% sustainable raw materials, SoundComfort Technology, improved rolling resistance and optimized tread and streamlined design to maximize drivers’ EV performance. The tire is now available to order in the US… Read more »
Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast)
Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Three recent accounts stand out from the pack. These articles cover three different aspects of the tragic tale, but all are authoritative, fact-filled pieces written by journalists with first-hand knowledge of what’s going on in the Middle Kingdom, and I recommend that… Read more »