In Phase 2, the company plans to double the capacity with another Rs. 1,000 crore catering to a total of 20-22 MWH of cell manufacturing capacity
The two companies will cooperate to build a solid-state battery recycling platform in Europe to help strengthen the European EV battery industrial chain ecosystem.
The policy is formulated to address all the challenges by promoting various technologies and business models which will ensure lower upfront costs, minimal downtime, and lower space requirements for charging batteries
With the agreement both parties aim to leverage their respective technologies and know-how to further increase the throughput rate while reducing the costs and environmental footprint of CAM production.
The locally produced cells passed all tests that are required of CATL's products globally, which proves CATL is capable of starting cell production and supplying cells to its European customers from its local plant.
Signed agreement to establish a recycling joint venture in North America by the end of 2023
BTBM provided a newly developed product from its high-performance CAM portfolio for PPES’s innovative battery cell solutions to serve the electric vehicle market
The company anticipates that innovations from the new site will enhance lithium recovery, improve production methods, and introduce new forms of lithium to enable breakthrough levels of battery performance.
The two companies have decided to collaborate in a business of recovering lithium, nickel, cobalt, manganese, and other cathode materials from used batteries
This future facility would combine the production of precursor and cathode materials and thereby complete the missing link in Canada’s battery value chain from natural resources to electric mobility
The facility will be equipped with advanced laboratories and testing infrastructure for material research, prototyping, product life cycle analysis, and proof of concept demonstration
The Kokkola refinery will be located at the Kokkola industrial park in Finland
SK On aims to strengthen its nickel supply chain with major battery material companies locally and abroad.
The new plant in Clarksville, Tennessee will be the largest of its kind in the United States, covering 420 acres with a production target of 120,000 tons of cathode material annually by 2027 to power batteries in 1.2 million pure electric vehicles with a range of 310 miles (500 km) per charge
The target is to supply 300,000 battery packs and chargers in the next financial year based on Hero Electric’s projections
When complete, the facility will produce 50,000 tons of lithium hydroxide per year
LGES aims to strengthen its local supply chain for key battery raw materials through strategic partnerships with major suppliers, as well as to secure metals and metal refineries in North America and from FTA countries with U.S
Based on their agreements, BASF and G-Philos plan to strengthen their commitment to the market for long-duration energy storage and climate-friendly hydrogen in South Korea and the Asia region
Net consideration for the acquisition was C$10.25 million
The plant has a designed annual conversion capacity of up to 25,000 metric tons LCE.
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