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    How the Inflation Reduction Act of 2022 impacts the US EV ecosystem
    On 7 August 2022, Democrats in the US Senate passed the Inflation Reduction Act of 2022, which aims to not only take control of rising inflation by reducing the fiscal deficit but also invest in domestic manufacturing of renewable energy and electric vehicles (EVs), secure the necessary supply chain, and cut down the carbon footprint by roughly 40% by 2030. The proposal made within the purview of the Inflation Reduction Act of 2022 (IRA) expects to raise about USD739 billion and invest about ...
    Software complexity starting to cost CEOs their job
    Complexity in the software has increased to a level where it has become not just difficult to debug and maintain, but it has compounded an OEM’s already difficult situation to comprehend the overall system interactions between various electronic control units (ECUs) and to properly test all the various combinations of features in a car. Most of the software in vehicles is written by suppliers that also use third-party software and work with externals, so the OEM’s control on the result is ve...
    BMW plans to begin mass production of fuel cell SUVs from 2025
    German luxury carmaker BMW Group plans to start the mass production and sales of fuel cell vehicles jointly developed with Toyota as early as 2025, according to a news report published by Nikkei Asia on 12 August 2022. BMW’s plan was disclosed by the company’s Sales Chief Pieter Nota, who told the news agency in an interview that the German automaker has several ongoing projects with Toyota on the fuel cell technology. “We see that hydrogen fuel cell technology is particularly relevant ...
    FREYR Battery opens technology resources campus in Fukuoka, Japan
    Norwegian battery company FREYR Battery announced on 11 August 2022 that the company is establishing a technology resources campus and a business unit in Japan. FREYR’s new business unit in Japan is its first physical location in Asia from where it plans to focus on testing and developing the 24M Technologies battery platform, the company said, adding that at its new facility in Fukuoka, Japan, new testing equipment are currently being installed. FREYR Battery’s Japan based technology res...
    DuPont develops lightweight polyamide-elastomer cooling lines for EVs
    American chemical manufacturer DuPont announced via press release on 15 June the launch of its new eCool technology for extrusion of multilayer cooling lines that are located inside and outside the high voltage battery pack of an electric vehicle (EV). According to the press release, the eCool technology involves the application of the company’s Zytel® polyamide co-extruded with a thermoplastic olefin elastomer to manufacture lines that will carry EV cooling fluids. DuPont stated that t...
    AutoTechInsight Weekly – 15 August 2022
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    Great Wall Motor appoints distributor in Europe, plans to deliver new cars in Germany in Q4 CY2022
    Mainland Chinese carmaker Great Wall Motor (GWM) has appointed Emil Frey Group to import, distribute, and sell GWM’s WEY and ORA vehicles in the European market, according to a news report published by PANDAILY on 10 August 2022. GWM held a signing ceremony with the European car dealer on 8 August 2022, it said, adding that the two sides reached a strategic cooperation on the import and distribution as well as joint marketing of two innovative GWM products, WEY PHEV Coffee 01 and ORA...
    GAC Group to invest over USD320 million for setting up new electric drive technology company
    Mainland Chinese state-owned vehicle manufacturer GAC Group plans to set up a new company to develop and industrialize electric drive systems and hybrid electric coupling systems, a news report published by PANDAILY said on 12 August. GAC Group aims to invest CNY2.16 billion (USD320.7 million) in setting up the said company, which will be tentatively named Electric Drive Technology Company, it said, citing a company announcement on 11 August. The report further stated that the new compan...
    Togg, Farasis Energy’s battery JV Siro produces first locally developed battery in Turkey
    Electric vehicle (EV) battery maker Siro, also known as Silk Road Clean Energy Storage Technologies, has started trial production and produced its first battery at the Battery Development Center in Gebze, according to a report published by TURKEY POSTS on 8 August 2022. The company, which is an equal joint venture between Turkish EV maker Togg and mainland Chinese battery company Farasis Energy, will supply batteries to Togg’s upcoming electric sport utility vehicle (SUV). Si...
    BorgWarner secures order from Hyundai Motor to supply integrated drive modules
    Michigan-based global supplier of powertrain systems and electric mobility solutions BorgWarner has secured a new order from South Korean carmaker Hyundai Motor Company (HMC) to supply its iDM146 integrated drive module (iDM), the company announced on 10 August 2022. BorgWarner’s iDM146 will power Hyundai’s A-segment electric vehicle (EV) platform, which is scheduled to go in production in the third quarter of 2024, it said. Commenting on the new business win from Hyundai, Dr. Stefan Demm...
    BYD begins supplying Blade batteries to Tesla at Giga Berlin, Germany
    Chinese EV maker BYD has started delivering its Blade batteries to the US electric vehicle (EV) maker Tesla’s factory in Berlin, Germany, making the facility the first to use BYD-made batteries, according to a news report published by CnEVPost on 10 August 2022. The news report cited another publication called Sina Tech, which first learnt about the development. The report stated that the first batch of Tesla vehicles equipped with BYD blade batteries are expected to roll off the assem...
    Chinese EV battery maker Gotion High-Tech gets officially listed on the Swiss Stock Exchange
    China-headquartered battery maker Gotion High -Tech Company Ltd. said on 28 July 2022 that the company is now officially listed on the Swiss Stock Exchange by issued global depositary receipts (GDR). It added that the said listing makes it the first group of Chinese companies that came to the Swiss Stock Exchange. The company said that the Swiss Stock Exchange, the Shenzhen Stock Exchange and Shanghai Stock Exchange had organized a simultaneous ceremony of China-Swiss Stock Connect Celebratio...
    European Lithium signs lithium hydroxide offtake agreement with BMW
    News agency Reuters reported on 5 August that Australian mining company European Lithium Limited had signed a non-binding battery-grade lithium hydroxide offtake agreement with German automaker BMW. According to the report, BMW is expected to eventually make an upfront pre-payment of USD15 million to European Lithium to help start the construction phase of its Wolfsberg Project in Vienna, Austria. Significance: European Lithium is currently planning to set up a integrated lithium project i...
    Wealth Minerals, Thyssenkrupp Mining to develop lithium brine project in Chile
    Canadian mineral resource exploration company Wealth Minerals announced via press release on 9 August that it had entered into a strategic partnership with German mining company Thyssenkrupp Mining Technologies to develop its Ollagüe Salar Lithium exploration project in northern Chile. According to the press release, the two companies plan to: Select a suitable lithium extraction and purification processing technology for the site Develop the project, progressing from exploration to ...
    How the Inflation Reduction Act of 2022 impacts the US EV ecosystem
    On 7 August 2022, Democrats in the US Senate passed the Inflation Reduction Act of 2022, which aims to not only take control of rising inflation by reducing the fiscal deficit but also invest in domestic manufacturing of renewable energy and electric vehicles (EVs), secure the necessary supply chain, and cut down the carbon footprint by roughly 40% by 2030. The proposal made within the purview of the Inflation Reduction Act of 2022 (IRA) expects to raise about USD739 billion and invest about ...
    Inflation Reduction Act in US proposes new material sourcing conditions for EV tax credit qualification
    The US Senate on 7 August passed the Inflation Reduction Act, a USD740 billion economic package that extended the US electric federal tax credit system to 2032, removed the credit system’s cap for individual automakers, and added new material sourcing conditions for qualification of the credit. The Act provides a per-vehicle tax credit of USD3,750 only if certain critical minerals used in the batteries and motors of the EV are: Not extracted, processed, or recycled by a foreign entity...
    Avatr Technology signs strategic agreement with bp to jointly set up fast charging network in China
    Chinese electric vehicle (EV) maker Avatr Technology, which was previously known as Changan NIO, has signed a long-term strategic partnership agreement with British oil and gas company BP to jointly set up a high-voltage fast-charging network across select cities in China, a news report published by CnEVPost said on 5 August 2022. Citing a post on Avatr’s WeChat account, the report added that the two companies plan to build more than 100 fast-charging stations in 19 cities across China...
    NORMA Group secures two major orders from leading vehicle manufacturers in China
    Germany-based global supplier of connecting solutions including quick connectors and hose clamps NORMA Group has secured two major orders from leading automotive manufacturers in China, the company announced on 5 August 2022. It said that the total value of the two orders stands at around EUR5.6 million (USD5.7 million). NORMA said that it plans to supply thermal management systems for electric passenger vehicles. The company estimates that the scope of the newly bagged contracts with leading...
    Tesla signs contracts worth USD5 billion to source refined nickel from Indonesia
    News agency Reuters reported on 8 August that US automaker Tesla had signed contracts worth USD5 billion to buy materials for batteries from nickel processing companies in Indonesia. According to the news report, Coordinating Minister of Maritime and Investment Affairs of Indonesia, Luhut Pandjaitan, told CNBC Indonesia that Tesla had signed a five-year contract with nickel processing companies operating out of Morowali in Sulawesi Island, Indonesia. Significance: The contract signed ...
    AutoTechInsight Weekly – 08 August 2022
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    Vishay’s Italian facility gets R&D grant from EU
    Vishay Intertechnology has announced that its facility in Borgaro Torinese, Italy, has received research and development (R&D) grant from the European Union (EU) and the Regional Government of Piedmont for its Silicon Laser Annealing (SiLA) project, according to an official press release on 3 August. The scope of the project is to study and develop advanced low temperature processes to locally and selectively control the energy transferred to chips during fabrication. Significance: The ma...
    Battery technology company Sakuu opens new engineering facility in Silicon Valley, US
    US-based battery technology company Sakuu has opened a state-of-the-art multifaceted engineering hub for its battery platform printing initiatives in Silicon Valley, the company announced on 5 August 2022. Sakuu, which is known as developer of the world’s first 3D printed solid-state battery, said that its new Silicon Valley engineering hub will advance its domestic battery printing initiatives and serve as the gateway for at-scale battery printing gigafactories around the world. Althoug...
    Silicon anode startup Nexeon raises over USD200 million in new funding round
    British silicon battery anode startup Nexeon announced via press release on 3 August that it had completed the second close of its fundraising with a total investment of USD170 million. The company stated that a further USD50 million of commercial investments had been made into its technologies from the latest investment round. According to the press release, investments in the latest round were made by American chemical manufacturing company Ingevity along with equity investors GLY Mobili...
    Battery cell maker AMTE Power plans first megafactory in Dundee, Scotland
    Leading battery cell manufacturer AMTE Power plans to set up its first megafactory in Dundee, Scotland, the company announced on 28 July 2022. AMTE Power’s proposed new megafactory at Dundee’s Michelin Scotland Innovation Parc (MSIP) would ensure the business can rapidly scale up to mass manufacturing volumes, the company said, adding that the planned battery plant will complement its existing facility in Thurso, Caithness, enabling it to respond to high levels of interest in its cells from ...
    After Japan, Germany, and Sweden, BYD announces market entry in Israel
    Mainland Chinese electric vehicle (EV) maker BYD has announced its official entry in Israel as the company appointed Shlomo Motors as its national distributor in Israel, BYD said on 2 August 2022. As part of the agreement with BYD, Shlomo Motors will actively market the automaker’s range of passenger vehicles in Israel providing sales, after sales, and service support to customers. The company said that its retail partner will open many showrooms showcasing BYD’s electric cars across Isra...
    BorgWarner secures two new orders to supply 800V high-voltage coolant heaters
    Michigan-based global automotive supplier BorgWarner has won two new orders to supply its advanced 800V high-voltage coolant heater (HVCH) technology for electric vehicles (EVs), the company said on 3 August 2022. The company has won these orders from one global automaker and a mainland Chinese automaker, it said. According to the company, its in-house–developed 800V HVCH, which complements the existing 400V coolant heater, features enhanced electronics and a reliable design, which lays dow...
    BorgWarner reports flat y/y net sales of USD3.75 billion in Q2 2022
    Michigan-based supplier of powertrain and electric mobility solutions BorgWarner has reported US GAAP net sales of USD3.759 billion for the quarter ending 30 June 2022, the company said on 3 August 2022, adding that the quarterly sales performance remained flat when compared with the same period last year. BorgWarner’s net sales for the same period last year stood at USD3.758 billion. The company, however, added that excluding the impact of foreign currencies, the 2022 acquisition of Santro...
    Indorama, Capchem consider setting up battery electrolyte plant in southeast US
    Thai petrochemical company Indorama Ventures (IVL) announced via press release on 1 August that it had signed a nonbinding agreement with Shenzhen Capchem subsidiary Capchem USA to study the opportunity to set up a battery solvents plant at one of IVL’s petrochemical facilities in the US Gulf Coast. According to the release, the proposed facility will produce products like ultra-pure ethylene carbonate, di-methyl carbonate, ethyl methyl carbonate, di-ethyl carbonate and derivatized ele...
    Lotte Chemical, Lotte Aluminium to set up battery anode foil plant in Kentucky, US
    Korea JoongAng Daily reported on 27 July that Korean chemical company Lotte Chemical and Korean metals company Lotte Aluminium will be establishing a joint venture to set up a 36,000-ton battery anode foil plant in Kentucky, US by 2025. According to the report, the two companies will invest USD252 million (KRW330 billion) for the new factory with Lotte Chemical holding a 70% stake in the joint venture. Lotte Chemical Vice Chairman Kim Gyo-hyun is reported to have stated, “We will spare n...
    American Battery Technology Company expands R&D capabilities at University of Nevada Reno
    American Battery Technology Company (ABTC), an American critical battery materials company that is commercializing both its primary minerals manufacturing as well as secondary minerals lithium-ion (Li-ion) battery recycling technologies, has established new laboratories at its research and development (R&D) center at the Nevada Center for Applied Research (NCAR) located at the University of Nevada Reno (UNR), the company announced on 28 July 2022. Notably, ABTC’s R&D center is focus...
    CATL to move ahead with its battery plant investments in North America
    Mainland China’s largest EV battery maker Contemporary Amperex Technology Company Limited (CATL) will move forward with its plans of setting up a battery manufacturing plant in North America by 2026 and deliver lower-cost lithium iron phosphate (LFP-based) cell-to-pack or CTP batteries to the US automaker Ford Motor Company, a Reuters report published on 3 August 2022 said, citing a person aware of the matter. Reuters news report comes after Bloomberg News had reported on Tuesday that CATL ...
    Ascend to invest up to USD1 billion in new battery materials recycling facility in Kentucky
    American battery materials manufacturing company Ascend Elements announced via press release on 1 August plans to invest up to USD1 billion to build a sustainable lithium-ion battery materials facility in Hopkinsville, Kentucky by fourth quarter 2022. According to the press release, the new 500,000-square-foot ‘Apex 1’ facility will process ‘black mass’ recovered from recycled electric vehicle batteries at the company’s Base 1 facility in Covington, Ga. to make new lithium-ion ...
    LG Energy, Huayou to set up battery recycling joint venture in Jiangsu, China
    The Korea Herald reported on 26 July that Korean battery manufacturing company LG Energy had signed an MoU with Chinese battery materials company Zhejiang Huayou Cobalt to set up a battery recycling joint venture in Jiangsu, China. According to the press release, the two companies will set up a pre-treatment plant Nanjing to collect and process waste and used batteries and a post-treatment plant in Quzhou to extract cathode materials such as nickel, cobalt, and lithium from the processed batt...
    Chinese EV maker BYD plans to enter Germany and Sweden
    China-based electric vehicle (EV) manufacturer BYD plans to enter Germany and Sweden with its electric and hybrid passenger car models, a news report published by ELECTRIVE on 2 August 2022 said. The company has chosen Hedin Mobility Group as its sales partner for the two countries, it added. According to the report, BYD plans to open its first showroom in Stockholm in October 2022. That said, it also plans to open several new showrooms in Germany, the first of which is expected to come up in...
    Ford, Vale, and Huayou to set up 120,000-ton nickel plant in Indonesia
    Brazilian mining company Vale announced via press release on 21 July that it had signed a non-binding MoU with Chinese battery materials company Zhejiang Huayou Cobalt and Detroit automaker Ford to process nickel ore mined by Vale in Indonesia. According to the press release, the new refining plant, set to start operations in 2025, will produce 120,000 tons per annum of nickel-containing mixed hydroxide precipitate (MHP) that will be used downstream for battery cathode manufacturing. Ford ...
    Ioneer signs lithium carbonate supply agreement with Toyota-Panasonic JV PPES
    Australian mining company Ioneer announced via press release on 31 July that it had signed a binding offtake agreement for the supply of lithium carbonate with Prime Planet Energy & Solutions (PPES), a joint venture between automaker Toyota and battery manufacturer Panasonic. According to the press release, Ioneer will supply PPES with 4,000 tons of lithium carbonate per annum over a five-year duration starting from 2025. The offtake is expected to represent 19% of Ioneer’s annual produ...
    Tesla signs battery precursor material pricing agreements with Huayou and CNGR
    News agency Bloomberg reported on 1 August that electric vehicle (EV) automaker Tesla had signed pricing agreements for precursor materials for precursor batteries with Chinese battery-materials suppliers Zhejiang Huayou Cobalt Co and CNGR Advanced Material Co. According to the agreements, Huayou Cobalt will supply Tesla with battery materials from July 2022 to the end of 2025 CNGR will supply Tesla with battery materials from 2023 to 2025 Significance: Both Huayou and CNGR curre...
    Ganfeng Lithium plans to set up largest solid-state battery plant in China
    World’s largest lithium producing company by market capitalization Ganfeng Lithium plans to set up China’s largest solid-state battery production factory, a report published by the news website CnEVPost said on 31 July 2022. The report stated that the company has already started constructing the new solid-state battery production facility in Chongqing's Liangjiang region, Southwestern China. It further said that the upcoming solid-state battery plant will have 10GWh of battery capacity an...
    bp to invest over USD61 million in building new battery R&D facility in the UK
    London-based British oil and gas company BP plans to invest up to GBP50 million (over USD61 million) in building an electric vehicle (EV) battery testing center and analytical laboratory, according to a report published by the news website Electrive.com on 1 August 2022. The report stated that the planned EV battery research and development (R&D) facility will be located in Pangbourne, Berkshire, at bp’s existing global headquarters for its Castrol business. It further mentioned...
    BMW launches second battery module production line at Leipzig plant in Germany
    BMW Group has launched the second battery module production line at its Leipzig-based plant in Germany, the company announced on 1 August 2022. The said production line is slated to supply the battery modules for the fully electric BMW i4, which is manufactured in Munich. According to the company, the first battery production line at the Leipzig plant went on stream in May 2021. The modules produced on that line are supplied for the BMW iX. The gradual expansion of electric vehicle (EV) ...
    India’s Ministry of Heavy Industries signs battery PLI contracts with Reliance, Ola Electric
    The Government of India’s Ministry of Heavy Industries (MHI) signed the program agreement under the production linked incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage with three selected bidders on 28 July 2022, an official press release issued by the Press Information Bureau (PIB) on 29 July 2022 announced. The three selected bidders that signed the agreement under PLI for ACC are Reliance New Energy Limited, Ola Electric Mobility Private Limited, and Rajesh Exports...
    Britishvolt signs MOU with China’s BTR to secure supply of synthetic graphite, silicon oxide
    UK-based battery technology company Britishvolt has signed a memorandum of understanding (MOU) with China-based battery anode material supplier BTR to secure the supply of synthetic graphite and silicon oxide to be used in phases of its battery manufacturing processes, the company said on 28 July 2022. The synthetic graphite anode material will be produced using renewable energy, it said, adding that BTR’s low carbon footprint in producing these materials is aligned with its overarching aim...
    UK government to provide funding support to Britishvolt for building USD4.6-billion gigaplant
    UK-based battery technology company Britishvolt announced on 28 July 2022 that it has received a confirmation letter that states that it will receive funding support from the UK government through its Automotive Transformation Fund (ATF), which is managed by the Advanced Propulsion Centre (APC). Although it did not disclose the amount of funding it is expecting to receive from the UK government later this year, the same is expected to support the battery maker in setting up its planned GBP3.8...
    NIO Power’s Hungary-based manufacturing plant to begin operations in September 2022
    Chinese electric vehicle (EV) maker NIO plans to commence operations at its upcoming battery swap station manufacturing plant in Hungary in September 2022, the company announced in a blog post on its website on 29 July 2022. The new plant announcement was made in the presence of Péter Szijjártó, minister of Hungarian Foreign Affairs and Trade, and Hui Zhang, vice president of NIO Europe Office, among other delegates in Budapest, Hungary. The plant will be managed by NIO’s battery swap bu...
    AutoTechInsight Weekly – 01 August 2022
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    Iberdrola, BP collaborate to expand fast EV charging infrastructure, green hydrogen hubs in Europe
    Iberdrola and BP plan to collaborate on significantly expanding the fast electric vehicle (EV) charging infrastructure as well as develop large-scale green hydrogen production hubs in Spain, Portugal, and the UK to support the adoption of zero-emission vehicles (ZEVs), Iberdrola announced on 28 July 2022. The company said that the strategic collaboration with BP aims at accelerating the energy transition in Europe. Commenting on the partnership between the two energy companies, the chairma...
    SK Group plans to invest USD22 billion in semiconductors, green energy in the US
    South Korea–based SK Group has planned to invest USD22 billion in high-priority areas including semiconductor chips and clean energy in the United States, accord to a report published by CNN Business on 26 July 2022. The investment announcement was made right after the organization's chip manufacturing division issued a warning about declining customer demand for technological items during the rest of the year. It also happened to coincide with a crucial vote on Tuesday in the US Senat...
    Zangge and Ultra Argentina to invest USD290 million in new Argentinian lithium projects
    News agency Reuters reported on 28 July that mining companies Ultra Argentina SRL and mainland China’s Zangge Mining will jointly invest USD290 million in northwest Argentina to explore and develop the lithium deposits in the region. According to the press release, the project will involve a USD40 million investment to develop the lithium Laguna Verde Project in the country’s Catamarca province followed by a USD250 million investment (by Zangge) to set up a refining site that will produce...
    Indian automaker Mahindra teases 5 electric SUVs ahead of global reveal
    Indian vehicle manufacturer Mahindra and Mahindra Ltd (M&M) has released a new teaser video that shows five new electric sport utility vehicles (SUVs) slated for official unveil on 15 August 2022, a news report published by Autocar Professional said on 23 July 2022. The automaker plans to organize its big-ticket event at its newly opened Mahindra Advanced Design Europe (MADE) studio in Oxfordshire, United Kingdom. The design studio is headed by M&M’s chief designer Pratap Bose, who ...
    Early bookings for Maruti’s new Grand Vitara SUV suggest preference for strong-hybrids in India
    About 54% of the 13,000 pre-bookings recorded by India’s largest carmaker Maruti Suzuki for its recent launched Grand Vitara sport utility vehicle (SUV) are for the two strong-hybrid variants—Zeta+ and Alpha+ CVT, according to a news report published by Autocar Professional on 22 July 2022. Maruti Suzuki had commenced bookings of its 4.3-m-long SUV on 11 July 2022. Maruti Suzuki is relying on its in-house developed hybrid technology, as well as the one sourced from its alliance partner...
    Think tank Niti Aayog, COP26 launch electric mobility, battery recycling initiatives in India
    Indian think tank Niti Aayog and UN Climate Change Conference (COP26) president Alok Sharma, who was on a visit to the subcontinent on 21–22 July 2022, launched two initiatives for promoting the electric mobility in India, according to a press note issued by the Press Information Bureau (PIB India) on 21 July 2022. The initiatives include a mobile application named E-AMRIT, which stands for ‘Accelerated e-Mobility Revolution for India's Transportation’, aimed at raising awareness on ele...
    LG Electronics, LG Energy Solution to equally bear GM Chevy Bolt EV recall costs
    LG Electronics and LG Energy Solutions (LGES) reached a final agreement on Monday to equally split the global recall–related costs of the General Motors’ Chevrolet Bolt EV, a report filed by ET Auto said on 25 July 2022, citing the regulatory filing by the South Korean companies at the Korea Stock Exchange headquarters. Citing the agreement between LG Electronics and General Motors, the report said that the share ratio is calculated according to the results of a review and analysis by a n...
    Rheinmetall issues revised annual sales guidance for 2022
    Düsseldorf-based supplier of propulsion parts and electric mobility solutions Rheinmetall AG has revised its annual sales guidance for the year amid global uncertainties, persisting supply chain constraints, and unstable raw materials prices leading to volatile production schedules shared by the vehicle manufacturers. “Against the backdrop of persistently high risks with regard to the development of global automotive production, Rheinmetall is updating its sales guidance for fiscal 2022,...
    How rapid electrification of vehicles will impact the coolant industry?
    The need to establish a sustainable global transportation system, which accounts for nearly one-third of the global carbon emissions, is leading to rapid electrification of vehicles across segments. As several countries continue to tighten the emission norms for automobiles and roll out new policies for the adoption of electric vehicles (EVs), vehicle manufacturers are increasingly investing in their respective product portfolios, supply chains, new technologies, and EV ecosystem to ensure that ...
    Teck Resources, PolyMet form USD170-million JV to mine nickel and copper in Minnesota, US
    US mining company PolyMet announced via a press release on 20 July that it had entered into an agreement with mining exploration services company Teck America to form a 50:50 joint venture (JV), NewRange Copper Nickel LLC, to place their respective NorthMet and Mesaba resources under single management.  According to the press release, the JV will allow the two companies to share finances to accelerate development of the copper and nickel resources held by the two companies. PolyMet CE...
    Software complexity starting to cost CEOs their job
    Complexity in the software has increased to a level where it has become not just difficult to debug and maintain, but it has compounded an OEM’s already difficult situation to comprehend the overall system interactions between various electronic control units (ECUs) and to properly test all the various combinations of features in a car. Most of the software in vehicles is written by suppliers that also use third-party software and work with externals, so the OEM’s control on the result is ve...
    Tesla revises investment plan, aims to spend up to USD24 million over three years
    US electric vehicle (EV) maker Tesla is expected to spend between USD6 billion and USD8 billion in 2022, 2023, and 2024, each, as the company looks to ramp up production at its new facilities in Texas and Berlin, a Reuters news report published on 26 July 2022 said. The report said that Tesla Inc has increased its capital spending plan by USD1 billion, citing a regulatory filing by the EV maker on Monday that also disclosed a second subpoena related to chief executive Elon Musk’s go-private...
    Sono Motors unveils final design of Sion solar EV, production to begin in H2 2023
    The Munich-based solar car developer Sono Motors has unveiled the series design of its Sion solar electric car, including the design of the exteriors and interiors, according to a report filed by news website ELECTRIVE on 25 July 2022. While nothing has changed in the specifications for the electric vehicle (EV) technology, the company plans to start the production of the Sion solar EV in the second half of 2023, the report mentioned. It further stated that the vehicle unveiled at a...
    Volkswagen begins production of all-electric ID.4 compact SUV at Chattanooga plant in US
    Volkswagen has commenced the production of its all-electric ID.4 compact sport utility vehicle (SUV) in Chattanooga, Tennessee, US, the automaker said on 26 July 2022, adding that the model is VW’s first electric vehicle (EV) assembled in the United States. VW said that the consumers can expect ID.4 EVs to be delivered as early as October 2022. While the EV will be available in either rear-wheel- or all-wheel-drive 82 kWh battery form initially, the carmaker plans to launch a rear-wheel-dri...
    Porsche-backed Cellforce Group signs strategic partnership with TRUMPF
    Porsche-backed high-performance battery company Cellforce Group GmbH (CFG) has signed a long-term strategic partnership with high-tech company TRUMPF, Cellforce said on 26 July 2022. Cellforce Group, which is the joint venture of Porsche AG and CUSTOMCELLS Holding GmbH, plans to develop and produce high-performance lithium-ion pouch cells for special automotive applications starting in 2024. The company plans to use TRUMPF’s laser technology to produce high-performance lithium-ion cells, it...
    Bosch appoints new leadership team for Mobility Solutions business
    Global automotive supplier Bosch announced on 19 July 2022 that the company is planning to restructure its ‘Mobility Solutions’ business into a business division with profit and loss responsibility with effect from 1 January 2023. Bosch further said that the company is appointing a new management team, which will be responsible for the ‘Mobility Solutions’ business and all its sub-divisions with effect from 1 October 2022. It added that the chairman of the new sector board will be Dr....
    LG Chem to supply General Motors 950,000 tons of cathode material between 2022-2030
    US automaker General Motors (GM) announced via press release on 26 July that it had signed a binding agreement with Korean battery materials manufacturer LG Chem for the supply of cathode active material (CAM) necessary for the manufacturing of electric vehicle (EV) batteries. According to the agreement, LG Chem will supply more than 950,000 tons of CAM to GM from the second half of 2022 through 2030 The amount of CAM supplied will be sufficient for the manufacturing of 5 million GM E...
    Livent signs multi-year lithium hydroxide offtake agreement with General Motors
    US automaker General Motors (GM) announced via press release on 26 July that it had entered into a long-term sourcing agreement for battery-grade lithium hydroxide with American chemical manufacturing company Livent. According to the agreement: Livent will supply GM with lithium hydroxide manufactured at its US facilities over a six-year duration from 2025 to 2030 100% of the lithium hydroxide supplied will be used in GM’s North American electric vehicle (EV) fleet equipped with Ult...
    Taiwan’s ProLogium plans USD8-billion overseas Gigafactory, meets French, American officials
    Taiwanese solid-state battery startup ProLogium Technology is in the process of selecting the location of its first overseas solid-state Gigafactory as it plans to ramp up its production capacity to cater to the requirements of its customers, the company said on 22 July 2022. ProLogium said that the company has earmarked total investments of more than USD8 billion for setting up its overseas Gigafactory. While the battery maker has already initiated a feasibility study for potential sites, sh...
    Northvolt partners with Stora Enso to develop wood-based EV batteries
    Swedish electric-vehicle (EV) battery maker Northvolt AB and Stora Enso, a leading provider of renewable products in packaging, biomaterials, wooden construction, and paper, are collaborating to create sustainable batteries using lignin-based hard carbon produced with renewable wood from Nordic forests, Northvolt said in a joint announcement on 22 July 2022. The two companies have entered a joint-development agreement to create a sustainable battery featuring anode produced from renewabl...
    InoBat Auto partners Ideanomics, plans to build battery R&D, production plant in the US
    Slovakia-based electric-vehicle (EV) battery maker InoBat Auto, in cooperation with US-based Ideanomics, plans to build a battery research and development (R&D) and a production plant in Indiana, US, InoBat Auto announced on 23 June 2022. The company said that it has planned a phased investment project, which will be implemented in three stages. First, InoBat Auto, along with partner Ideanomics, plans to open a new R&D and production facility for battery module and pack assembly with ...
    US Energy Department to loan USD2.5 billion to General Motors–LG Energy battery JV
    The US Energy Department plans to provide a loan of up to USD2.5 billion to General Motors–LG Energy Solution (GM-LGES) battery joint venture (JV) Ultium Cells LLC to help finance the construction of new li-ion battery-cell-manufacturing facilities, according to a news report published by Reuters on 25 July 2022. According to the report, the conditional commitment for the loan to Ultium Cells for new battery facilities in Ohio, Tennessee, and Michigan is expected to close in comin...
    BHP signs a multiyear nickel supply deal with Ford
    Anglo-Australian mining company BHP announced via press release on 21 July the company had signed a multiyear nickel supply agreement with Detroit-based automaker Ford. According to the press release, supply of the material could start as early as 2025 and may involve additional commodities in the future. BHP stated that it was exploring options to supply Ford with nickel from its Nickel West asset in Western Australia that produces one of the most-sustainable and lowest-carbon-intens...
    Ford, Rio Tinto to set up sustainable supply chains for lithium, aluminum, and copper
    Anglo-Australian mining company Rio Tinto announced via press release on 21 July that it had signed a nonbinding memorandum of understanding (MoU) with Detroit automaker Ford to develop sustainable and secure supply chains for battery and low-carbon materials that will be used in future Ford vehicles. According to the press release, the partnership between the two companies will involve the mining company supplying materials including lithium, low-carbon aluminum, and copper. While the a...
    Ioneer to supply Ford with 7,000 metric tons per annum of lithium carbonate from 2025
    Australian mining company Ioneer announced via press release on 21 July that it had signed a binding offtake agreement for supply of lithium carbonate with Detroit automaker Ford. According to the press release, the company will supply Ford’s BlueOval SK battery manufacturing facilities in Tennessee and Kentucky, United States with 7,000 metric tons of lithium carbonate annually from its Rhyolite Ridge Lithium-Boron operation in Nevada. Supply will initiate from 2025 and will continue for a...
    Tesla to begin production of 4680 battery cells at Texas Gigafactory by end-Q3 2022
    US electric vehicle (EV) maker Tesla plans to start producing the 4680 battery cells at its Texas-based Gigafactory by the end of the third quarter of 2022, according to a report published by the news website Teslarati on 20 July 2022. The report said that by the end of 2022, the EV maker expects that the battery cell production plant in Austin will be able to exceed the weekly volume produced at Fremont-based Kato cell assembly line. “We are making progress on the 4680 (battery cells)...
    Chinese EV maker BYD enters Japan, to debut with three electric cars
    Warren Buffet–backed mainland Chinese automaker BYD plans to enter Japan’s electric passenger car market with three electric vehicle (EV) models scheduled for commercial launch as early as January 2023, the company announced on 21 July 2022. The company said that it will debut the Japanese electric car market through its subsidiary named BYD Auto Japan Inc., which plans to launch the BYD Atto 3, BYD Dolphin. and BYD Seal next year. The announcement was made by the top company leadership t...
    German R&D services company TÜV SÜD opens EV battery-testing center in Thailand
    Munich-based TÜV SÜD, which is well-known for providing certification, testing, auditing, inspection, and training services to vehicle manufacturers as well as component suppliers, has officially inaugurated a new electric-vehicle (EV) battery-testing center in Thailand, the company announced on 21 July 2022. TÜV SÜD’s battery testing center in Thailand is called the ‘Battery and Automotive Components Testing Center’, which is situated in Chonburi, Thailand. The company said that in...
    SVOLT Energy develops 20Ah-class sulfide solid-state battery cells
    SVOLT Energy’s battery lab in mainland China has developed the market's first 20Ah-class sulfide all-solid-state prototype cells, a news report published by CNEVPOST on 19 July 2022 said, citing the company announcement. The report stated that the battery maker has developed a series of cells with an energy density of 350–400 Wh/kg and that the cells have successfully passed endurance tests such as pinprick and 200°C hot box experiments. Citing SVOLT Energy, the news report added th...
    GEM invests USD450 million in direct lithium extraction startup EnergyX
    American lithium and battery technology company EnergyX announced via press release on 22 July that private equity-based investment group Global Emerging Markets (GEM) will be investing USD450 million into the company’s future growth plans. According to the press release, the proceeds of the investment will be focused on commercializing EnergyX’s high-efficiency lithium extraction and refinery technologies that have been identified to have the potential to disrupt the growing upstream lit...
    SK On, Ford, and EcoPro BM to set up new cathode material site in North America
    South Korean battery manufacturing company SK On announced via press release on 22 July that the company will be partnering with Detroit automaker Ford and South Korean cathode material manufacturer EcoPro BM to set up a new cathode material plant in North America. According to the press release, cathode material produced at the site is expected to be supplied to BlueOval SK, a battery manufacturing joint venture (JV) established earlier this month between Ford and SK On. Significance...
    AutoTechInsight Weekly – 25 July 2022
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    Solid-state batteries can reduce carbon footprint of EV batteries by up to 39%, study finds
    Solid-state batteries can potentially reduce the carbon footprint of electric vehicle (EV) batteries by almost two-fifths, further bolstering the advantage that EVs offer over fossil fuel–powered vehicles, according to the findings of a new research that was commissioned by the Transport & Environment (T&E), a note issued by T&E said on 19 July 2022. Created over 30 years ago, T&E is Europe’s clean transport campaign group. The research was carried by Minviro, a compa...
    Italvolt partners with Politecnico di Milano to circularize battery material supply chains
    Italian battery manufacturer Italvolt announced via a press release on 21 July that it was partnering with Italian university Politecnico di Milano’s interdepartmental laboratory, CIRC-eV (Circular Factory for the Electrified Vehicles of the Future), to develop closed-loop material supply models for Italvolt’s battery manufacturing business. According to the press release, the partnership will involve the university: Mapping supply chains to help Italvolt source raw materials from p...
    Ford plans to produce over 2 million EVs by end-2026, signs LFP battery supply pact with CATL
    Michigan-based automaker Ford Motor Company has signed a nonbinding MoU with the world’s largest battery maker, China-based Contemporary Amperex Technology Company Ltd. (CATL) to explore a cooperation for sourcing electric vehicle (EV) batteries across the European, North American and Chinese markets, Ford announced on 21 July 2022. Ford said that CATL will supply full lithium iron phosphate or LFP battery packs for Mustang Mach-E models for North America starting next year as well as F-150...
    Nippon Denkai plans USD150 million EV battery materials plant in the US
    Nippon Denkai Ltd plans to invest USD150 million in building a state-of-the-art electro deposited copper foil (also called as Ed copper foil) plant in the US, the company said on 20 July 2022 in a regulatory filing. The planned production facility will be located in Augusta, Georgia and will have an annual capacity to produce up to 9,500 metric tons of ED copper foil for EV batteries. “Nippon Denkai aims to keep up with the fast-growing North American automotive electric vehicle battery and...
    InoBat Auto to supply prismatic battery cells to Impact Clean Power Technology
    Slovakia-based battery company InoBat Auto has signed an agreement with Impact Clean Power Technology S.A. to develop and supply battery cells to the latter, InoBat said on 13 July 2022. While InoBat is known for its upcoming premium electric vehicle (EV) battery research and development (R&D), engineering, production, and recycling capabilities, Impact Clean Power Technology is the leading manufacturer of innovative battery systems for transportation, robotics, and stationary energy...
    Samsung SDI invests USD1.3 billion on second battery production plant in Malaysia
    South Korean battery maker Samsung SDI plans to invest KRW1.7 trillion (about USD1.3 billion) in building its second battery production facility in Malaysia, the company announced on 21 July 2022. Samsung SDI, which organized a groundbreaking ceremony of its second battery plant on Thursday, said that the plant is slated to begin operations in a phase-wise manner as mass production will begin in 2024 whereas the construction is estimated to be completed by 2025. The battery plant 2 of Samsung...
    Startup C2A Security unveils new cybersecurity management system EVSec
    C2A Security has launched EVSec, a new cybersecurity management system for electric vehicles (EVs), it said in a press release on 20 July. The solution is for EV ecosystem which includes the vehicle, charging station, grid, and their communications protocol. EVSec enables sharing and collaboration of the entire cybersecurity process. “Electric vehicles and the charging infrastructure present cybersecurity challenges to OEM, suppliers, charging station operators and many other stakeholders i...
    India’s largest carmaker Maruti Suzuki unveils first full-hybrid SUV, Grand Vitara
    India’s largest carmaker Maruti Suzuki has unveiled a new midsize sport utility vehicle (SUV), the Grand Vitara, which comes with multiple powertrain options, including a strong hybrid propulsion system, a news report published by Autocar Professional said on 20 July 2022. According to the news report, Maruti’s new SUV offers a distinct exterior design, sophisticated interiors, segment-leading features as well as an industry defining fuel-efficiency, thanks to its hybrid powertrain. It is...
    Imec to develop engineering plans for Alpha Lithium’s 40,000-ton Argentinian lithium carbonate plant
    Canadian mining company Alpha Lithium announced via press release on 19 July that it will be partnering with engineering company Imec Engineering for the development of its upcoming 40,000-ton lithium carbonate plant in Tolillar Salar in the Salta province in Argentina. According to the press release, Imec has been contracted to provide detailed engineering services for the pilot plant that will be constructed and tested in Salta’s industrial park. The pilot plant is expected to be skid-mou...
    Toyota, Suzuki, Daihatsu, CJPT to roll out electric mini vans in FY2023
    Suzuki Motor Corporation, Daihatsu Motor Company Ltd., Toyota Motor Corporation, and Commercial Japan Partnership Technologies Corporation (CJPT) have announced that the companies have agreed to jointly work towards the roll out of battery electric mini commercial vans in FY 2023 to achieve carbon neutrality, a press note issued by Toyota on 19 July 2022 said. It further said that the mini-commercial battery electric van developed by these four companies will be used by partners in social imp...
    BMZ Group, CALB sign strategic cooperation agreement to develop EV batteries
    Germany’s BMZ Group and China-based lithium-ion (Li-ion) battery manufacturer CALB have signed a strategic cooperation agreement to develop and produce batteries for the EMEA, Americas and APAC market, BMZ Group announced on 18 July 2022. The company said that the jointly developed Li-ion based batteries will be used in wide range of electric vehicles (EVs) including electric buses, electric trucks, agricultural vehicles, construction vehicles as well as light commercial electric vehicles (...
    Toshiba Materials makes investment to increase production of silicon nitride balls
    Toshiba Materials has announced that it will make an investment to the tune of around JPY5 billion (USD38 million) to increase manufacturing capacity at its Yokohama site in Japan. In a press release dated 20 July, the company said that it would manufacture silicon nitride balls to cater to the electric mobility market. Production is expected to begin in November 2023 and the capacity will increase by 50% against fiscal year 2021. Significance: Silicon nitride balls are optimal for e-mobility...
    NMG’s battery graphite achieves ultra-low carbon emissions rating in new LCA report
    Canadian battery anode materials company Nouveau Monde Graphite (NMG) announced via press release on 19 July the results of an independently conducted cradle-to-gate life cycle assessment (LCA) for the graphite it plans to manufacture for the battery industry at its commercial-scale Phase-2 all-electric facilities Quebec. According to the press release, the Phase-2 coated spherical purified graphite that NMG plans to supply to battery anode manufacturers, according to the LCA conducted b...
    Aehr Test Systems secures USD12.8 million power semiconductor orders for EVs
    Aehr Test Systems has announced that it received follow on orders worth USD12.8 million from its silicon carbide test and burn-in customer for multiple FOX-XP systems, a FOX high volume production WaferPak Aligner, and a small number of FOX WaferPak full wafer contactors for the growing electric vehicle (EV) market, it said in a press release on 19 July. Gayn Erickson, President, CEO of Aehr Test Systems, said, “We are excited to receive these orders for additional FOX systems and WaferPaks...
    Geely-backed Lotus begins production of Eletre electric luxury SUV at Wuhan plant
    Geely Group-backed British sports car brand Lotus has rolled out its Eletre electric sport utility vehicle (SUV) from the production line at the company’s new factory in Wuhan, making the luxury model the first Lotus car to be produced in China, a news report published by CarNewsChina said on 18 July 2022. The report further mentioned that the Lotus Eletre has also become one of the fastest made-in-China electric SUVs. The Lotus Eletre SUV was first unveiled on 29 March 2022 and is the firs...
    Envision Group signs MoU with Spanish government, to build gigafactory in Spain
    Shanghai-based Envision Group said on 18 July 2022 that it plans to set up an EV battery gigafactory in Navalmoral de la Mata in Spain. The proposed gigafactory is slated to have an annual capacity of up to 50-GWh in phase one and is expected to create 3,000 jobs. The battery plant is expected to become operational in 2025. The company disclosed that the proposed gigafactory is part of the VENERGY+ Project, which consists of 12 partners from 10 autonomous communities in which suppliers of veh...
    Skeleton Technologies plans to build a supercapacitor plant in Leipzig, Germany
    Estonia-based battery company Skeleton Technologies plans to build Europe’s largest supercapacitor production facility in Leipzig, Germany, with the support of Siemens, according to a news report published by Electrive.com on 19 July 2022. It said that Skeleton Technologies plan to invest EUR220 million (about USD225 million) in setting up the new production plant as well as on the research and development (R&D) work at the site. Citing the company, the news report mentioned that S...
    UK-based fast charging battery startup Nyobolt raises USD59 million in series-B funding
    UK-based fast-charging battery startup Nyobolt has raised GBP50 million (USD59 million) in series-B funding round, a news report published by Reuters said on 15 July 2022. The startup has raised the funding as it plans to build a manufacturing plant to produce battery cells in the UK in 2023, it said, adding that the financing round was led by H.C. Starck Tungsten Powders, a unit of Vietnamese mining company Masan High-Tech Materials, one of the world's largest tungsten suppliers. It further ...
    CATL evaluating locations in Mexico for USD5 billion gigafactory, may supply Tesla, Ford
    China’s largest EV battery manufacturer Contemporary Amperex Technology Company Ltd (CATL) is evaluating two locations in Mexico for setting up its battery production plant for its customers in North America, primarily Tesla and Ford Motor Company, a news report published by China Daily on 19 July 2022 said. CATL is closely evaluating two cities in Mexico namely Ciudad Juarez of Chihuahua and Saltillo of Coahuila for its planned EV battery plant, the report said, citing another Bloomberg re...
    Johnson Matthey to build USD96 million gigafactory for hydrogen fuel cell components in the UK
    British specialty chemicals company Johnson Matthey plans to build a GBP80 million (USD96 million) gigafactory at its existing site in Royston, UK, to scale up the manufacture of hydrogen fuel cell components, the company said on 18 July 2022. The company said that the proposed gigafactory will initially be capable of manufacturing 3GW of proton exchange membrane (PEM) fuel cell components annually for hydrogen vehicles. The planned facility will also be supported by the UK Government through...
    US startup Wildcat Discovery Technologies raises USD90 million, to develop EV super cell
    US-based battery materials startup Wildcat Discovery Technologies has raised USD90 million in series-D funding round led by Koch Strategic Platforms (KSP), an investment subsidiary of Koch Industries, the startup announced on 13 July 2022. Other investors included Eastman Kodak (Kodak) and Fifth Wall Climate, it said. Wildcat Discovery said that the company is developing multiple innovative technologies that will all be the key to formulating a breakthrough electric vehicle (EV) "super cell"....
    Volkswagen Group Components to expand capacity at Braunschweig plant in Germany
    Volkswagen Group Components plans to expand the production of electric vehicle (EV) components including the portfolio of battery systems, next generation steering systems and brakes, among others at its Braunschweig-based manufacturing plant, the company said on 15 July 2022. The company has also started preparing for the future SSP platform as well, it said on the sidelines of the Site Symposium on Friday last week. While the portfolio and capacity expansion are part of Volkswagen Grou...
    Ford Motor upgrades Cologne plant to produce electric cars in Europe
    Ford Motor Company’s Cologne-based manufacturing plant in Germany is being prepared to produce electric cars in Europe at a time when the assembly lines at the unit are idle on account of factory vacation, the automaker said on 15 July 2022.   The company said that the vehicle assembly lines at the Cologne plant are slated to remain idle until 1 August 2022 on account of factory vacation. However, vacation is being utilized by the company in retooling and expanding capacity to produce ...
    Hyundai Motor unveils high-performance concept cars, RN22e and N Vision 74
    South Korean carmaker Hyundai Motor Company has revealed two high-performance concept cars RN22e and N Vision 74 on 14 July 2022, giving a glimpse of its N sub-brand vision for electrification in the future. According to Hyundai, while the RN22e combines all-new IONIQ 6 and its Electric-Global Modular Platform (E‑GMP) with an intent of setting a new standard in high-performance EVs, the N Vision 74 represents a combination of EV technology with an advanced hydrogen fuel cell system, making ...
    Toyota revives ‘Crown’ brand with four all-new models, to launch crossover in Japan in 2022
    In an attempt to revive its ‘Crown’ brand, the Japanese carmaker Toyota Motor Corporation unveiled four new models at a world premier on 15 July 2022. The four new models designed and developed by the company include a sedan, an SUV, a crossover and a sport type, which focuses on offering sporty driving experience. Toyota said that the new Crown series will be rolled out in about 40 countries and regions with the Crown Crossover as the first vehicle slated for launch in Japan in November...
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