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LG Chem says it will split its battery business.
September 17, 2020
This will be a physical division in which LG Chem will possess all of the stocks issued by the new battery corporation and the company will possess 100% of the non-listed shares of the new corporation.
AMTE and InfraNomics sign MoU to produce lithium cells in Australia
September 16, 2020
Battery cell manufacturer, AMTE Power, and infrastructure specialist InfraNomics, have signed a Memorandum of Understanding (MOU), to evaluate the technical and commercial viability of establishing lithium ion cell manufacturing facilities in Western Australia, servicing the energy storage market.
BMW doubles production capacity for high-voltage batteries in China
September 15, 2020
The BMW Group continues to drive the expansion of electromobility and is adapting its production structures to growing demand for fully and partially electrified vehicles.
Dongwha to establish two units in Hungary
September 07, 2020
The South Korean company is making its moves to be a part of the European electric vehicle eco-system by establishing two units in Sóskút, just southwest of Budapest; one for producing electrolyte and another to recycle the solvent NMP, a compound used heavily in lithium ion battery fabrication.
Atmosic and SMK partner to bring forever-battery life to IoT devices
September 03, 2020
Wireless technology company Atmosic Technologies has partnered with SMK Electronics to integrate Atmosic’s M3 system-on-chip (SoC) into a range of connected devices from SMK.
Valmet Automotive refocuses – battery systems are now a cornerstone
September 01, 2020
Valmet Automotive says it is expecting sales from the Electric Vehicles (EV) batteries business to reach the level, or even surpass, of vehicle contract manufacturing within the next few years.
IAV invests in new EMC test centre
August 31, 2020
E-mobility, connectivity, advanced driver assistance systems and self-driving technology; the number of electronic components in vehicles is growing rapidly, also raising demand for capacities to test electromagnetic compatibility - something that IAV wants to address with its latest investment.
TDK Ventures backs handheld ultrasound imaging startup
August 25, 2020
TDK'a subsidiary TDK Ventures Inc. has added Exo (pronounced “Echo”), a company in ultrasound imaging, to its growing investment portfolio.
BASF receives subsidy notification from German BMWi
August 21, 2020
The - now funded - BASF project will focus on the company's facility in Schwarzheide (Brandenburg); but will also include the Ludwigshafen (Rhineland-Palatinate) site on a smaller level. The project is part of the 'Important Project of Common European Interest' (IPCEI) to promote the development of a battery value chain in Europe Union.
SK Innovation aims to open next-gen battery era together with John Goodenough
August 20, 2020
SK innovation says that the company will develop next-generation battery technology with together with the 2019 Nobel laureate in chemistry, Professor John Goodenough, or otherwise know as “the father of the lithium-ion battery.”
Elkem selects site for potential battery materials plant in Norway
August 19, 2020
Elkem, a Norwegian supplier of silicon-based advanced materials, is currently looking into the possibility of setting up a large scale plant for battery graphite production in its native home. And now, a site has been selected for this potential venture.
France is next in line for a Gigafactory
August 12, 2020
Verkor, a French industrial company, is set to amplify battery cell production in Europe, with the support of EIT InnoEnergy, Schneider Electric and the GROUPE IDEC.
VARTA signs supply contract with Samsung
August 04, 2020
VARTA AG is expanding its cooperation with Samsung Electronics. The German battery manufacturer will remain the main supplier of rechargeable batteries for Samsung headsets in the coming years.
Panasonic and China’s GS-Solar to end PV business partnership
July 31, 2020
Panasonic says that it will exercise its right not to proceed with the proposed collaboration with GS-Solar in the photovoltaic business.
Battery manufacturer raises $1.6 billion in debt financing
July 29, 2020
Swedish battery manufacturer, Northvolt, has signed a USD 1.6 billion debt raise provided by a consortium of commercial banks, pension funds and public financial institutions, increasing the total amount of capital raised to date to over USD 3 billion.
AR/VR devices shipment projected to reach 43.2M units in 2025
July 27, 2020
Total shipment of AR/VR devices is expected to reach 5.12 million units in 2020, according to TrendForce.
SK innovation to invest another $940M in Georgia
July 21, 2020
Georgia Governor, Brian P. Kemp, has announced that SK innovation, will invest another USD 940 million to expand their manufacturing plant in Commerce, Georgia, creating 600 jobs.
Welsh government sign MoU with Britishvolt for gigaplant
July 20, 2020
Battery Manufacturer Britishvolt has signed an MoU with the Welsh Government regarding the development of a 30 GWh battery manufacturing plant – as well as a 200MW solar plant – at the former RAF base at Bro Tathan, Vale of Glamorgan, South Wales.
BMW ink supply agreement for battery cells with Northvolt
July 16, 2020
The German auto-giant has signed a long-term supply contract worth EUR 2 billion for battery cells with Swedish newcomer Northvolt.
Germany amps up domestic battery production with massive state subsidies
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July 03, 2020
The German government is investing more than EUR 1.5 billion in battery cell research and production.
