Menu
Filters
Your Selections
    [clear all]
    Asset
    Published
    Service
    Topical Categories
    Supplier
    OEM
    Region / Country/Territory
    Will China drive global alignment in EV battery swap standards?
    China, the largest electric car market in the world, is expected to drive global benchmarks in electric vehicle battery swapping practices, as well as the emerging battery-as-a-service, or BaaS, industry. Neither the EV battery swap model is new nor it was invented in China. However, it is the only ...
    How driving assistance and automation are impacting the steer-by-wire systems market
    The current steering systems market is primarily controlled by low-end, column-motor systems in the entry and lower-midclass vehicle segments and high-end, rack-motor systems in the upper-midclass and premium-class vehicle segments. However, steer-by-wire (SBW) steering systems will dominate the fut...
    ArcelorMittal, RWE to set up new wind farms, electrolyzers to decarbonize steel production in Germany
    Multinational steel company ArcelorMittal announced via press release on 22 June that it had signed an MoU with German energy company RWE to invest in new infrastructures required to produce low-emissions steel at the steel company’s production sites in Bremen, Hamburg, Eisenhüttenstadt, and Duis...
    JFE to test application of CO2-utilization technologies to decarbonize steelmaking operations
    Japanese steel company JFE announced via press release on 20 June that it will be testing the application of two carbon dioxide (CO2)-utilization technologies to decarbonize its Japanese steelmaking operations and achieve carbon neutrality. According to the press release, the two technologies the...
    Umicore, Idemitsu to develop catholyte materials for solid-state batteries
    Belgian materials company Umicore announced via a press release on 22 June that it had agreed to partner with Japanese petroleum company Idemitsu Kosan Co. to jointly develop high-performance catholyte materials for solid-state batteries. Catholytes combine cathode active materials (CAMs) and sol...
    Röhm supplies illuminated air vents to Spanish carmaker SEAT for Ibiza and Arona models
    Methacrylate company Röhm has announced that the company supplied its Plexiglas illuminated air vents for the SEAT Ibiza and Arona models, according to a press release published by Röhm on 21 June. The illuminated air vents are made from Röhm’s light scattering Plexiglas molding compound. Th...
    24-Jun-2022 News New Products
    Lanxess expands Tepex composites range with new sustainable product variants
    Specialty chemical company Lanxess has expanded its Tepex thermoplastic composites portfolio by developing recycled or bio-based resources to produce materials with structural lightweight and strong mechanical properties, it said in a press release on 21 June. Dr. Dirk Bonefeld, head of Global Pr...
    SABIC launches Noryl resin for insulation in EV batteries
    SABIC has introduced Noryl NHP8000VT3, insulation film for use in electric vehicle (EV) batteries, it said in a press release on 20 June. The material is well suited to protect against short circuits and prevents the spread of fire. Jenny Wang, director, Formulation and Application, APAC, Special...
    24-Jun-2022 News New Products
    Renault, Minth to manufacture aluminum battery casings for EVs in Ruitz, France
    French automaker Renault announced via press release on 20 June that it will be forming a joint venture (JV) with Chinese automotive parts manufacturer Minth to manufacture aluminum battery casings for its electric vehicles (EVs) in France. According to the press release, the new JV will manufact...
    Saarstahl and Dillinger to produce green steel in Saarland, Germany from 2027
    German steel group Staarstahl announced via press release on 9 June that it would start manufacturing green steel at its Dillinger and Völklingen steel plants from 2027. According to the press release, the company plans to add an electric arc furnace (EAF) at the Völklingen plant and an EAF and...
    23-Jun-2022 News Investments
    Shape Corp to manufacture vehicle body parts using SSAB’s fossil-free steel
    Swedish steel company SSAB announced via press release on 21 June that it had entered into an agreement with tier-1 automotive supplier of lightweight body structures Shape Corp for the supply of fossil-free steel. Shape is expected to use SSAB’s fossil-free steel made using its HYBRIT tec...
    Toyota teams up with Redwood Materials on closed loop EV battery ecosystem
    Japanese carmaker Toyota Motor Corporation’s North American arm Toyota Motor North America has teamed up with battery materials recycling company Redwood Materials to explore a series of end-of-life battery solutions for Toyota’s proposed battery ecosystem, the company announced on 21 June 2022....
    BASF to set up new 15,000-ton battery black mass plant in Germany
    German chemical company BASF announced via press release on 20 June that it will be building a commercial scale battery recycling black mass plant in Schwarzheide, Germany, to strengthen its cathode active materials (CAM) production and recycling operations in the region. According to the press r...
    22-Jun-2022 News Investments
    BMW equips new M4 GT4 with Bcomp natural fiber parts
    Swiss natural fibre company Bcomp announced via press release on June 20 that its natural fiber reinforced plastic (NFRP) components had been extensively used by German automaker BMW in the new M4 GT4 model. According to the press release, the GT4 is now the serial GT vehicle with the highest pro...
    Michelin acquires Indonesian sustainable natural rubber project
    French tire company Michelin announced via press release on 21 June that it had acquired a further 51% of the capital of the Royal Lestari Utama (RLU) sustainable natural rubber project from Indonesian energy company Barito Pacific Group to become the sole owner of the joint venture. According to...
    22-Jun-2022 News Investments
    ŠKODA Auto to present sustainability concepts at Greentech festival 2022
    ŠKODA Auto has announced that the company will present sustainable concepts at Greentech festival 2022 in Berlin, Germany, the Czech automaker said in a press release on 21 June.   Karsten Schnake, Board Member for Purchasing at ŠKODA Auto, “As a car manufacturer, we are aware of our dis...
    Archroma introduces Perapret AIR liq purification textile technology
    Specialty chemicals company Archroma has introduced Perapret AIR liq, light-activated air purification sustainable technology solution for use in all kinds of fabrics, it said in a press release on 20 June. The company leverages the use of nano sized dioxide titanium (TiO2) that helps in preserving ...
    22-Jun-2022 News New Products
    Can new chassis technologies and materials help OEMs meet future emission standards?
    While countries such as the US, Japan, and mainland China have been enforcing fuel economy standards for over a decade to drive down domestic fuel consumption levels, concerns over climate change and continuously rising global average temperatures have led governments around the world to redouble ef...
    Meta Materials acquires nanocomposites specialist Optodot for USD48 million
    Canadian nanotechnology research company Meta Materials announced via press release on 17 June that it had signed a definitive agreement to acquire the assets and intellectual property (IP) of American nanocomposites company Optodot. The USD48.5 million acquisition amount comprises of USD3.5 mill...
    Nouveau Monde commissions new 2,000 TPY anode coating line in Quebec
    Canadian battery anode materials company Nouveau Monde Graphite (NMG) announced via press release on 17 June that it had commissioned its new 2,000 tons per annum (TPA) anode coating line at its Phase-1 integrated battery materials plant in Saint-Michel-des-Saints, Quebec, Canada. According to th...
    Sinomine invests USD200 million to expand operations at Bikita lithium mine
    Reuters reported on 17 June that Chinese mining company Sinomine Resource Group had launched a USD200 million investment to build a new plant and expand mining operations at the Bikita lithium mine it acquired recently. The company acquired the mine for USD180 million in January from Mauritius’...
    21-Jun-2022 News Investments
    BASF increases cathode material capacity in China to 100,000 TPY
    German chemical company BASF announced via press release on 15 June that its majority-owned subsidiary in China BASF Shanshan Battery Materials Co., Ltd. (BSBM) will be expanding its cathode active material (CAM) manufacturing capacity in the country to 100,000 tons per year (TPY). According to t...
    20-Jun-2022 News Investments
    Vale completes pre-feasibility study for Canadian nickel sulfate project
    Brazilian mining company Vale announced via press release on 9 June that it had concluded the prefeasibility study for its proposed nickel sulphate project in Quebec, Canada. According to the press release, the Quebec project, if implemented, would be the first-of-its-kind fully domestic nickel s...
    SK On, Posco to collaborate on new battery value chain projects
    Korean battery manufacturing company SK On announced via press release on 15 June that it had signed an MoU with Posco Holdings to jointly discover new business opportunities within the broader electric vehicle (EV) rechargeable battery manufacturing value chain. According to the press release, t...
    Porcher Industries launches thermoplastic composites for vehicle interior applications
    Porcher Industries has launched a new line of thermoplastic composite stiffeners for the automotive industry composed primarily of flax fibers for thermoplastic composites, Composites World reported on 9 June. According to the report, Porcher’s composites will be sold as textiles that can be th...
    20-Jun-2022 News New Products
    Solvay unveils new 'Tecnoflon peroxide curable fluoroelastomers' polymerization technology
    Solvay has announced that the company unveiled a new portfolio of high performance Tecnoflon peroxide curable fluoroelastomers (FKM) produced without the use of fluorosurfactants, according to a press release published by the company on 15 June. Georges Houtappel, EVPt Automotive Business, Solvay...
    20-Jun-2022 News New Products
    AIMPLAS to develop lightweight battery case for EVs
    AIMPLAS has announced that it is developing structural battery casings for lightweight vehicles based on reusable, recyclable, long-fiber thermoplastic composites for electric vehicles (EV), it said in a press release on 16 June. Begoña Galindo, Sustainable Mobility researcher at AIMPLAS, said, ...
    20-Jun-2022 News New Products
    AutoTechInsight Weekly – 20 June 2022
    Click the link above to download this week's issue
    Alcoa invests USD51 million to increase Mosjøen, Norway smelter capacity by 14,000 TPY
    American aluminum company Alcoa announced via press release on 15 June a USD51 million project to increase the production capacity at its Mosjøen smelter in Norway by 14,000 metric tons per year (TPY). According to the press release, the investment will increase capacity at the site to 214,000 T...
    17-Jun-2022 News Investments
    Bridgestone, Dow develop new recyclable tire sealant technology
    Tire manufacturer Bridgestone Americas announced via press release on 15 June that it had partnered with chemical company Dow to develop B-SEALS, a recyclable, silicone-based tire sealant technology. According to the press release, the new silicone-based sealant is not only recyclable by itself b...
    17-Jun-2022 News New Products
    Neo, Applied Carbon Nano Technology to advance silicon anode coating technology
    Canadian battery materials company Neo Battery Materials announced via press release on 15 June that it had signed a collaboration agreement with South Korean research and development (R&D) company Applied Carbon Nano (ACN) Technology Ltd. to advance Neo’s patented silicon anode carbon nanotub...
    Toray, LG Chem partner to establish battery separator film JV in Hungary
    LG Chem and Toray have announced the establishment of a battery separator film joint venture (JV) in Nyergesjfalu, Hungary aiming to accelerate and attract business in Europe, according to a press release published by Toray on 16 June. Shin Hak-cheol, CEO, LG Chem, said, “With differentiated pr...
    Japanese automakers aim to help part suppliers as materials prices surge
    According to a report published by Reuters on 15 June 2022, Japanese automakers are incurring a greater portion of the rising cost of raw materials or providing additional assistance to hard-hit component manufacturers. Even at the expense of their own profit margins, automakers are seeking to st...
    Pricol appoints Priyadarsi Bastia as CFO
    Pricol has announced the appointment of Priyadarsi Bastia as chief financial officer, Autocar Professional reported on 15 June. Significance: Priyadarsi Bastia carries 22 years of corporate experience in finance, accounting, taxation, treasury, product costing, budgeting, pricing, process control...
    Autoneum updates 2022 financial outlook as a result of Russia-Ukraine conflict
    Autoneum has announced that the company updated its 2022 financial year (FY) outlook caused by the Russia-Ukraine conflict, according to a press release on 15 June. The global components shortage has affected several manufacturers along with rising inflation resulting in reduced vehicle product...
    US, other countries establish minerals security partnership to secure critical materials
    The United States of America and its key partner countries have established the ‘minerals security partnership’ (MSP) with an aim of securing the supply of critical minerals and materials, the US Department of State said in a media note on 14 June 2022. The ambitious new initiative to bolster...
    Albemarle opens third lithium carbonate plant in Chile
    US specialty chemicals manufacturing company Albemarle announced via press release on 13 June that it had inaugurated its third lithium chemical conversion plant, La Negra III/IV, in Antofagasta, Chile. According to the press release, the new USD500 million plant includes a USD100 million thermal...
    16-Jun-2022 News Investments
    Aqua Metal recovers high purity cobalt from battery black mass
    US battery recycling company Aqua Metal announced via press release on 13 June that it had successfully plated high purity cobalt and produced manganese dioxide from lithium-ion (Li-ion) battery black mass. According to the press release, by recovering the final two high-value metals, the company...
    Senior Material, Changzhou Senior New Energy Materials to supply battery materials to FREYR
    Nordic battery company Freyr Battery announced via press release on 15 June that it had entered into a reservation agreement with materials companies Changzhou Senior New Energy Materials Co., Ltd. and Senior Material (Europe) AB to supply battery separator materials. According to the press relea...
    Kostal develops EV charge controller cooling element using Lanxess’ Durethan plastic
    German chemical company Lanxess announced via press release on 9 June that German supplier of automotive, industrial, and solar electrics Leopold Kostal GmbH & Co. KG had manufactured the cooling element of an electric vehicle’s charge controller using its Durethan BTC965FM30 polyamide 6 (PA6)...
    Lynas receives USD120 million DoD contract to set up heavy rare earths separation facility in the US
    Australian rare-earths mining company Lynas Rare Earths announced via press release on 14 June that its wholly owned subsidiary Lynas USA LLC had signed a US120 million contract with the US Department of Defense (DoD) to set up a commercial Heavy Rare Earths (HRE) separation facility in the Uni...
    15-Jun-2022 News Investments
    Viridian to set up new 25,000 TPY lithium hydroxide plant in Eastern France by 2025
    French industrial company Viridium Lithium announced via press release on 7 June that it will be building a battery grade lithium hydroxide production plant in Alsace, France with a planned initial capacity of 25,000 tons per year. According to the press release, the company has selected the indu...
    15-Jun-2022 News Investments
    Covestro extends contract with CEO Dr. Markus Steilemann until 2028
    Materials company Covestro has announced that Dr. Markus Steilemann will remain as CEO for a further five years, according to a press release published by the company on 10 June. Mr. Steilemann has been a member of the Covestro Board of Management since September 2015 and its CEO since June 2018. ...
    Hopium unveils hydrogen powered Machina Vision concept car’s interior
    French manufacturer of high-end hydrogen-powered sedans Hopium has unveiled Machina Vision concept car’s interior details, according to a press release published by the automaker on 14 June. Significance: The Machina Vision concept provides pillar-to-pillar display offering a digital landscape ...
    15-Jun-2022 News New Products
    Sion Power’s vapor-deposited lithium process reduces battery cost, time-to-market
    US battery maker Sion Power Corporation has released a report on an independent technical assessment conducted on its patented next-generation rechargeable batteries based on its Licerion lithium metal rechargeable battery technology for EVs, the company said on 13 June 2022. The battery assessment ...
    15-Jun-2022 News New Products
    Cenntro Electric, Princeton NuEnergy partner on recycling of lithium-ion batteries
    Electric commercial vehicle maker Cenntro Electric Group Ltd and battery recycling startup Princeton NuEnergy, Inc. (PNE) have signed a letter of intent as part of a strategic partnership to set up an end-to-end closed loop supply chain for EV battery recycling operations, the two companies said in ...
    Hyundai Steel develops low-noise steel alloy for EV reduction gears
    The Korea Herald reported on 9 June that Korean steel manufacturer Hyundai Steel had developed a new steel alloy designed for application in reduction gears in gearboxes equipped in electric vehicles (EVs). According to the report, the new alloy and the associated manufacturing technology allows ...
    14-Jun-2022 News New Products
    Solvay doubles EV battery binder material capacity in China
    Belgian chemical company Solvay announced via press release on 13 June that it had doubled the production capacity of its high-performance polymer Solef® polyvinylidene fluoride at its Changshu site ahead of schedule. According to the press release, the investment to increase capacity was driven...
    14-Jun-2022 News Investments
    Voestalpine to produce green steel at Linz and Donawitz plants from 2027
    Austrian steel company Voestalpine announced via its full year 2021/22 financial results press release on 8 June that it planned to produce low-emission ‘greentec’ steel at its Linz and Donawitz sites from 2027. According to the press release, the company plans to switch its coal-based blast ...
    Mitsubishi Chemical supplies bio-based ‘Durabio’ front grille material to Suzuki’s S-Cross SUV
    Mitsubishi Chemical Holdings Group (MCHG) has announced that the company has supplied bio-based engineering plastic, Durabio for use in front grille of the Suzuki S-Cross sport utility vehicle (SUV), according to a press release published by MCHG on 24 May. This marks the first time Suzuki has ad...
    14-Jun-2022 News New Products
    Covestro reports Q1 2022 net sales at USD5.21 billion, up 41.57% y/y
    Covetsro reports first quarter 2022 net sales at EUR4.68 billion (USD5.21 billion) with a year-on-year (y/y) increase of 41.57% compared to EUR3.30 billion in 2021 for the three months ended 31 March 2022, according to a filing by the company on 3 May. Operating income was reported at EUR806 million...
    AutoTechInsight Weekly – 13 June 2022
    Click the link above to download this week's issue
    Vitesco Technologies unveil innovative solutions for EVs
    Global automotive supplier of electric mobility and powertrain components Vitesco Technologies has unveiled a number of innovative solutions on electrification and powertrain at the 35th International Electric Vehicle Symposium (EVS), which is being organized in Oslo, Norway, between 11 June to 15 J...
    13-Jun-2022 News New Products
    Avery Dennison Performance expands automotive electronics portfolio
    Avery Dennison Performance Tapes has announced a new automotive electronics portfolio for OEMs and suppliers that consists of integrated products for the interior and exterior vehicle applications such as advanced driver-assistance systems (ADAS), user experience, lighting, and safety, it said in a ...
    13-Jun-2022 News New Products
    AGC sets new Scope 3 emission reduction targets for 2030
    Japanese automotive glass supplier AGC announced via press release on 10 June that it had set itself a new target for reducing its Scope 3 greenhouse (GHG) emissions in its business value chain. According to the press release, the company will aim to reduce its Scope 3 GHG emissions by 30% by 203...
    BASF launches new SBR anode binder for high-silicon anode batteries
    German chemical company BASF announced via press release its new Licity® 2698 X F anode binder designed specifically for lithium-ion (Li-ion) batteries with anodes that have silicon content exceeding 20%. According to the press release, the new binder made with styrene-butadiene rubber offered e...
    13-Jun-2022 News New Products
    Statkraft signs long-term renewable energy supply deal with H2 Green Steel
    Swedish low-carbon emission steel company H2 Green Steel announced via press release on 8 June that it had signed a 7-year contract for renewable energy with Norwegian energy company Statkraft. According to the press release, the energy company will provide the steel supplier’s Boden, Sweden fa...
    Vale launches USD100 million venture capital arm to fund sustainable material supply chain startups
    Brazilian mining company Vale announced via a press release on 8 June that it launched Vale Ventures, a USD100 million corporate venture capital initiative aimed at supporting startups within the sustainable mining business. According to the press release, the venture arm will invest in startups ...
    Polyplastics-Evonik, Toray jointly develop multilayer plastic tube for cooling lines
    Toray Industries has announced that it partnered with Polyplastics-Evonik Corporation and developed an adhesive for bonding polyamide (PA) and polyphenylene sulfide (PPS) resins for multilayer plastic tubes (MLTs) for use in automotive cooling lines and other industry applications, according to...
    Polestar partners with Global Fashion Summit to drive sustainable vehicle interiors
    Swedish electric vehicle (EV) maker Polestar has announced a partnership with the 2022 Global Fashion Summit aiming to find new suppliers to join the automaker’s Polestar 0 project to create a complete climate-neutral car by 2030, according to a press release by the company on 8 June. ...
    Neo Battery Materials partners with A&P to set up new battery anode facility in Korea
    Vancouver-based battery materials company Neo Battery Materials announced via press release on 8 June that it had signed a strategic MoU with Korean automotive parts manufacturer Automobile and PCB Inc. (A&P) to advance mass production is its silicon battery anode materials. According to the ...
    Rio Tinto invests USD10 million in low-cost battery cathode specialist Nano One
    Canadian battery tech company Nano One announced via press release on 9 June that Anglo-Australian mining company Rio Tinto had made a USD10 million strategic equity investment into its operations. According to the press release, the funding by Rio Tinto will be directed toward Nano One...
    10-Jun-2022 News Investments
    Toyoda Gosei outlines ‘three pillar’ strategy to strengthen business areas
    Japanese automotive supplier Toyoda Gosei has announced its ‘three-pillared’ medium-to-long term business plan which involves innovation in products and manufacturing as well as targeting 'strategic growth areas', according to a financial report by the company on 28 April.     ...
    Nouryon launches Expancel HP92 microspheres for vehicle underbody coatings, sealants
    Nouryon has introduced Expancel HP92 thermoplastic microsphere fillers for use in high-pressure manufacturing processes for the automotive industry, according to a press release published by the company on 7 June. Johan Landfors, EVP and president of Technology Solutions and Europe at Nouryon, sa...
    09-Jun-2022 News New Products
    Salzgitter to examine application of Rio Tinto’s iron ore for green steel production
    German steel company Salzgitter announced via press release on 7 June that it had signed an MoU with Anglo-Australian mining company Rio Tinto to examine technical, logistical, and grade-specific issues related to the application of Rio Tinto’s iron ore products in Salzgitter’s SALCOS green stee...
    Shape Corp to manufacture vehicle body parts using Hydro’s recycled CIRCAL aluminum
    Michigan-based tier-1 supplier of automotive body parts Shape Corp announced via press release on 7 June that it had entered into an agreement with Norwegian aluminum manufacturer Hydro for the supply of low-carbon aluminum. According to the press release, Shape Corp will use Hydro’s CIRCAL alu...
    Volkswagen, research partners launch closed-loop recycling project for battery materials
    A Volkswagen-led research consortium has launched a closed-loop raw material project with a goal of achieving permanent recovery of critical materials to increase sustainability and security of supply, VW said in a statement on 8 June 2022. The automaker said that partners from the industrial and sc...
    Ganfeng starts construction of Mariana lithium project in Argentina
    News website Mining.com reported on 5 June that Chinese mining company Ganfeng Lithium had kicked off construction at the Mariana Lithium project in Argentina’s northwestern Salta province. Significance: The Mariana lithium project, located in the famed South American Lithium Triangle that repo...
    Green Lithium to supply InoBat with low-carbon lithium hydroxide
    Slovakian battery company InoBat announced via press release on 7 June that it had formed a partnership with British lithium processing company Green Lithium for the future supply of battery-grade lithium hydroxide. According to the press release, the two companies will also work together to deve...
    MinRes acquires 25% interest in MQR’s Australian West Spargoville lithium project
    Australian mining company Marquee Resources (MQR) announced via press release on 2 June that it had entered into a partnership with Mineral Resources Limited (MinRes) regarding the rights to its West Spargoville lithium project (WSP) in Western Australia. According to the press release, the agree...
    Solid state lithium battery startup Ion Storage Systems raises over USD30 million in Series A round
    Ion Storage Systems has raised over USD30 million in Series A funding round, exceeding its original target, it said in a press release on 7 June. The oversubscribed round was led by Clear Creek Investments, VoLo Earth Ventures, and Alsop Louie Partners with participation from Toyota Ventures, Tenask...
    08-Jun-2022 News Investments
    Schaeffler to invest over USD85 million to set up a central laboratory in Germany
    German automotive component supplier Schaeffler AG plans to invest EUR 80 million (over USD85 million) to set up a state-of-the-art central laboratory at its Herzogenaurach campus in Germany, the company announced on 2 June 2022. It said that it has laid the foundation stone for its cross-divisional...
    08-Jun-2022 News Investments
    Teijin Automotive to supply pickup box for upcoming MY 2022 Toyota Tundra
    Teijin Automotive Technologies has announced it is manufacturing pickup boxes for the next generation model year (MY) 2022 Toyota Tundra Pickup truck at the company’s new manufacturing facility in Seguin, Texas, US, according to a press release published by the company on 7 June. Steve Rooney, ...
    JSW Steel to invest USD2.5 billion to expand capacity by 10 million TPA
    Indian business newspaper Financial Express reported on 31 May that Indian steel company JSW Steel will be investing USD2.5 billion to expand production capacity in the country by 10 million tons to 36 million tons per annum (TPA). According to the report, the 10 million TPA capacity expansi...
    07-Jun-2022 News Investments
    Rusal sues Rio Tinto over access to Queensland alumina refinery
    News agency Reuters reported on 6 June that Russian aluminum producer Rusal had filed a lawsuit against Anglo-Australian mining company Rio Tinto over access to the alumina refinery located in Queensland that is jointly held between the two companies. Rio Tinto reportedly took sole control (100% ...
    Spanish government to help fund ArcelorMittal’s USD1.1 billion Gijón green steel plant
    Steel manufacturing company ArcelorMittal announced via press release on 1 June that the government of Spain had pledged to financially support its plans to decarbonize its sites in the country. According to the press release, the funding, part of the government’s Recovery and Resilience Plan, ...
    07-Jun-2022 News Investments
    AutoTechInsight Weekly – 06 June 2022
    Click the link above to download this week's issue
    Bühler to supply tier-1 supplier Handtmann with Carat 610 megacasting equipment
    Swiss industrial machinery manufacturing company Bühler announced via press release on 2 June that German tier-1 supplier Handtmann had purchased its Carat 610 extended die-casting (megacasting) solution for production in Biberach an der Riss, Germany. According to the press release, Handtmann i...
    LG Chem, KEMCO to set up new NCMA precursor plant in Ulsan, South Korea
    Korean chemical company LG Chem announced via press release on 2 June that it will be setting up a joint venture with Korea Zinc subsidiary KEMCO for the manufacturing of lithium-ion battery precursor materials in South Korea. According to the press release, the new joint venture, tentatively nam...
    Salzgitter, LKAB to develop raw materials for green steel production technology
    German steel company Salzgitter AG announced via press release on 3 June that it had agreed to a technical cooperation with Swedish mining group LKAB for the decarbonization of the steel industry. According to the press release, the two companies will develop iron ore-based raw materials for Salz...
    EIT InnoEnergy invests an undisclosed amount in Pure Battery Technologies
    Australia-based cathode material producer for EV batteries Pure Battery Technologies (PBT) announced on 2 June 2022 that EIT InnoEnergy, one of Europe’s leading cleantech investors, is investing an undisclosed amount in PBT, helping the latter ramp up commercial production operations in Germany. ...
    Continental unveils sustainable Benova Eco Protect material for vehicle interiors
    Continental has unveiled its premium surface material Benova Eco Protect for sustainable vehicle interiors, according to a press release published by the German supplier on 2 June. The material is currently manufactured at Continental’s German facility and is expected to be made available at its W...
    06-Jun-2022 News New Products
    Sumitomo Chemical, Newlight Technologies to jointly develop eco-friendly materials for vehicles
    Sumitomo Chemical has announced via press release on 31 May that it partnered with US-based Newlight Technologies, Inc. to develop polypropylene (PP) compounds for automotive interiors and bumper applications using carbon neutral biomaterial obtained by microorganisms from methane called AirCarbon. ...
    Stellantis signs offtake agreement with Controlled Thermal Resources to secure lithium supplies
    Stellantis N.V. has signed a binding offtake agreement with California-based Controlled Thermal Resources Ltd. (CTR), securing supply of battery-grade lithium hydroxide for its North American electric vehicle (EV) production plans, the carmaker announced on 2 June 2022. Under the agreement betwee...
    Bühler supplies megacasting cells to Volvo’s Torslanda plant
    Swiss industrial machinery manufacturing company Bühler announced via a press release on 19 May that Swedish automaker Volvo had purchased two of its Carat 840 high-pressure die-casting (HPDC, or megacasting) cells for its factory in Torslanda, Sweden. The cell solutions being delivered wil...
    Birla Carbon to expand global carbon black production capacity by 200 KMT
    Indian carbon black manufacturer Birla Carbon announced via press release on 31 May that it will expanding its global carbon black manufacturing capacity by 200 kilo metric tons (KMT) in response to increased demands for the material from the rubber and specialty applications markets. According t...
    03-Jun-2022 News Investments
    Novelis pledges minimum of 10% of its primary aluminum purchases be near-zero by 2030
    US aluminum company Novelis announced via press release on 31 May that it had pledged to incorporate a minimum of 10% near-zero (less than 3t CO2 per ton) primary aluminum in its purchases from 2030 as part of its membership within the First Movers Coalition (FMC). According to the press release,...
    Edscha opens new machining center in Spain
    Edscha, a Gestamp Group automotive supplier company has opened a new state-of-the-art machining center in Burgos, Spain, according to a press release published by Edscha on 31 May. The new manufacturing facility will enable Edscha to further increase production to meet the growing vehicle demand. ...
    03-Jun-2022 News Investments
    Magna unveils interactive rear lighting on thermoplastic liftgate
    Magna has unveiled its innovative exterior rear lighting on thermoplastic liftgates, known as ‘Litgate,’ according to a press release published by the company on 2 June. The interactive lighting is only visible when it is lit. Grahame Burrow, global president of Magna Exteriors, said, ...
    03-Jun-2022 News New Products
    Chinese EV maker BYD in talks to acquire six lithium mines in Africa
    Chinese electric vehicle (EV) maker BYD is in talks to acquire six lithium mines in Africa, a report by the news agency The Paper published on 31 May 2022 said, citing sources familiar with the matter. The report said that the lithium mines identified by BYD could have more than 25 million tons of l...
    Germany-based Merck plans to set up new semiconductor plant in China
    German supplier of semiconductor chemicals and materials Merck has signed a contract with local authorities to open a semiconductor plant in the Chinese city of Zhangjiagang, according to a report published by Reuters on 31 May 2022. The company said that it is the largest single electronics busines...
    Advanced Cell Engineering files patent for very large format lithium iron phosphate battery cell
    Battery cell technology company Advanced Cell Engineering (ACE) has filed a patent application with the US Patent and Trademark Office for its very large format (VLF) cell, according to a press release published by the company on 31 May.     Tim Poor, President, ACE, said, “We’...
    02-Jun-2022 News New Products
    LG Chem and Huayou Cobalt Subsidiary, B&M partner to mass produce cathode battery material
    LG Chem has announced its joint venture (JV) with Tianjin B&M Science and Technology (B&M), a subsidiary of Zhejiang Huayou Cobalt (Huayou Cobalt) to mass produce cathode battery material, according to a press release by LG Chem on 31 May.   Mr. Chin, Huayou Cobalt, said, “This par...
    ArcelorMittal Nippon Steel India to invest USD1.1 billion in new cold-rolling and galvanizing lines
    Nikkei Asia reported on 1 June that joint venture ArcelorMittal Nippon Steel (AM/NS) India will invest USD1.1 billion to build advanced steel processing lines at the AM/NS integrated steelworks plant in Hazira, Gujarat, India. According to the report, the installations will include a cold-rolling...
    02-Jun-2022 News Investments
    Lanxess and Advent to acquire DSM’s Engineering Materials business for USD4 billion
    German specialty chemicals company Lanxess announced via press release on 31 May that it would be partnering with US private equity investment company Advent to form a engineering polymers joint venture (JV) company that will acquire Dutch Corporation DSM’s Engineering Materials business. Accor...
    Managem to supply Renault with 5000 TPY of cobalt sulphate from 2025 to 2031
    French automaker Renault announced via press release on 1 June that it had signed an agreement with Moroccan mining company Managem for the supply of low-carbon cobalt sulphate needed for its vehicle electrification targets. According to the press release, Managem will supply Renault with 5,000 t...
    India’s Attero plans to build battery recycling plants in Europe, US, and Indonesia
    Indian battery recycling company Attero plans to invest USD1 billion over the next five years in building recycling plants for used lithium-ion (Li-ion) batteries from electric vehicles and other sources in Europe, the US, and Indonesia, according to a report filed by Reuters on 31 May 2022. ...
    01-Jun-2022 News Investments
    Canada-based Axiom Engineered Systems opens new injection molding facility in the US
    Axiom Engineered Systems, an Axiom group company has announced that it opened a new injection molding facility in Capac, Michigan, US, according to a press release published by the company on 31 May. The facility marks the first establishment in US and includes plastic injection manufacturing, wareh...
    01-Jun-2022 News Investments
    Nippon Shokubai and Arkema partner to mass produce LiFSI electrolyte salt for E-mobility applications
    Nippon Shokubai has announced that it partnered with Arkema to form a joint venture (JV) for the construction of an industrial plant for production of Lithium bis(fluorosulfonyl)imide (LiFSI) ultrapure electrolyte salt, a vital component of battery cells for electric mobility, it said in a pres...
    BASF, Nano One to codevelop production technology for next-gen cathode active materials
    German chemical company BASF announced via press release on 31 May that it had signed a joint development agreement (JDA) with Canadian battery materials company Nano One to co-develop a process for commercial production of BASF’s next-generation HED-family cathode active materials (CAM). Accor...
    Mitsubishi Chem to increase low-expansion LiB anode production capacity in China
    Japanese chemical company Mitsubishi announced via press release on May 30 that it will be expanding the production capacity of low-expansion natural graphite battery anode materials at its sites in the Shangdong Province, China. According to the press release, the company will be expanding produ...
    01-Jun-2022 News Investments
    Volvo to exclusively use net-zero steel in its cars from 2050
    Swedish automaker Volvo Cars announced that it had become the first carmaker to sign up to the SteelZero initiative aimed at increasing demand for carbon neutral steel to decarbonize the global steel industry. As per the company’s participation within the initiative, Volvo will only source 100%...
    loading
    preload preload preload preload preload