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    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    What Fit for 55 means for all member nations in the European Union
    Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...
    19-Aug-2021 Insights Policy & Regulation Pinned
    Solvay to develop next-gen solid-state battery electrolytes using EU funding
    Belgian chemical company Solvay announced via press release on 19th October that it had started developing the next generation of solid-state electrolytes for electric vehicle (EV) batteries using funding provided by the EU Important Projects of Common European Interest (IPCEI) programme. Accordi...
    Nippon Steel sues Toyota and Baosteel over electrical steel sheet patent infringement
    Japanese steelmaker Nippon Steel announced via press release on 14th October that it had filed lawsuits seeking compensatory damages before Tokyo District Court against Chinese steelmaker Baosteel and Japanese OEM Toyota alleging their infringement of Nippon’s patent relating to non-oriented elect...
    Sigma Lithium, LG Energy sign six-year agreement for supply of battery grade lithium
    Canadian mining company Sigma Lithium Corporation has signed a binding term sheet for an offtake agreement on a ‘take or pay’ basis for the sale of 6% battery-grade high purity and environmentally sustainable lithium concentrate to one of the leading electric vehicle (EV) battery makers, LG Ener...
    Adient ends JV in China in a strategic plan to drive business independently
    Supplier of automotive seating systems, Adient announced on 30 September that it has ended its Chinese joint venture—Yanfeng Adient Seating Co., Ltd. (YFAS)—with partner Yanfeng Automotive Trim Systems Ltd. (YF) in a strategic plan to drive its business independently in the world’s largest aut...
    Robert Bosch Venture Capital launches new investment platform for China
    The corporate venture arm of the Bosch Group, Robert Bosch Venture Capital GmbH (RBVC) has set up its new investment platform called Boyuan Private Equity Capital Management Company Ltd. (or Boyuan Capital), based in Shanghai, the company announced on 27 September. Boyuan Capital will focus on ma...
    Teijin Group to consolidate composite part manufacturing subsidiaries under single brand
    Japanese conglomerate Teijin Limited announced via press release on 22 September that it will be consolidating its five different automotive composite parts manufacturing subsidiaries under a single Teijin Automotive Technologies brand name. According to the press release, the consolidation ...
    Alcoa to restart aluminum smelting plant in Brazil
    American aluminum producer Alcoa announced via press release on 20 September that it will be restarting 268,000 metric tons per year of aluminum capacity at the Alumar smelter in São Luís, Brazil immediately. According to the press release, the smelting facility which had been curtailed si...
    Axalta lowers Q3 financial guidance by USD40 million citing chip shortage and inflation
    US coating systems supplier Axalta Coating Systems Ltd announced via press release on 20 September that it was updating its third quarter and full-year 2021 financial guidance given the ongoing supply chain issues its mobility customers are experiencing as well as continued raw material inflation an...
    Solvay installs new thermoplastic composite line in Greenville plant
    Belgian chemical company Solvay S.A. announced via press release on 16 September that it had completed the installation of a new thermoplastic composites (TPC) manufacturing line at its Greenville, South Carolina facility. According to the press release, the new TPC line at full production c...
    IAA Mobility 2021: Michelin showcases new tire concepts and technologies at show
    French tire manufacturer Michelin unveiled its vision for tomorrow’s mobility by showcasing its new tire concepts and technologies aimed at sustainability at the 2021 IAA Mobility Show held in Munich between 7 and 12 September. The first tire that Michelin presented at the show was the Uptis co...
    Startup Redwood Materials to produce Li-ion battery materials in the US
    American battery recycling startup Redwood Materials Inc. announced via a press release on 14 September that it will be producing anode copper foils and cathode active lithium-ion (Li-ion) battery materials in the US and supplying them to battery cell manufacturers. The company expects to annou...
    Piedmont Lithium to participate in 3 investor conferences in September
    Australian Lithium mining company Piedmont Lithium announced via Press Release on 13th September that it will be participating in three major industry investor conferences in September. According to the release, the three conferences are: H.C. Wainwright 23rd Annual Global Investment Confer...
    Unifrax to showcase silicon fiber battery anode technology at Novi Battery show
    According to a 9th September Businesswire news article, American specialty materials manufacturing company Unifrax will be presenting its SiFAB Silicon fiber Anode Battery Technology at the Novi Battery Show and the Electric & Hybrid Vehicle Technology Expo this year. The Show and Expo are ...
    BMW to reduce lifecycle carbon emissions using innovative sustainable materials
    Chairman of the Board of Management of BMW AG Oliver Zipse announced at a media event in Munich on the 2 September that BMW Group aims to reduce lifecycle carbon dioxide (CO2) emissions by more than 40% by 2030 by employing a unique sustainability strategy to the use of materials in its ca...
    Posco to invest USD200 million to produce nickel, a critical EV battery material
    Korean steelmaker Posco plans to invest USD200 million (KRW230 billion) in building a nickel sulfate refining facility with an annual production capacity of 20,000 tons to cater to the fast-growing secondary electric vehicle (EV) battery materials market, Korean news publication Pulse News said in a...
    Vianode leases facility to expand battery materials production in Norway
    Vianode, a supplier of highly engineered active anode materials for electric vehicle (EV) batteries, has signed a lease agreement to take possession of a facility at Herøya Industrial Park in Porsgrunn, Norway to scale up production, the company said in a press release on 2 August. The company, ...
    Faurecia establishes new division to develop sustainable and smart materials
    Faurecia has announced the establishment of a division to develop and manufacture sustainable and smart materials, it said in a company press release on 22 July. The company is planning to build a dedicated Sustainable Materials R&D Center and a pilot plant, both operational in 2022. The center ...
    TES acquires battery recycling site in Port of Rotterdam
    Singaporean sustainable technology life-cycle services provider TES has announced that it has agreed to a deal on a 10,000-square-meter (approximately 107,640 square feet) recycling facility in the Port of Rotterdam in the Netherlands. The facility has a basic waste license to...
    Advent Technologies becomes part of German intelligent mobility association
    Advent Technologies Holdings, Inc. has announced its membership in ITS mobility, the largest competence cluster for intelligent mobility in Germany. According to a press release issued by Advent Technologies on 28 June, the company stated that ITS mobility is an active network involving over 200 mem...
    AD Plastik pens deals worth USD63.3 million with Stellantis
    AD Plastik Group has announced new deals with Stellantis Group worth a total value of EUR53.2 million (USD63.3 million), according to a company press release on 30 June. The multiyear deal involves several models. AD Plastik specializes in the production of interior and exterior car components in...
    Covestro to launch climate-neutral polycarbonate plastics in 2021
    Covestro is developing innovative and sustainable material solutions and recycling technologies, which will be showcased at the VDI PIAE 2021 international trade congress on 8 and 9 September. “Our aim is to introduce the world's first climate-neutral polycarbonate plastics this year. This is a...
    Volvo Cars partners with SSAB to develop fossil-free steel
    Volvo Cars has partnered with Swedish steelmaker SSAB for developing fossil-free Steel, the company announced in a press release on 16 June. As part of the collaboration, Volvo Cars will secure SSAB steel made from hydrogen-reduced iron from HYBRIT’s pilot plant in Luleå, Sweden. This steel will ...
    Mercedes-Benz acquires equity stake in Swedish startup H2 Green Steel
    Mercedes-Benz AG has acquired an equity stake in Swedish startup H2 Green Steel (H2GS) to introduce carbon dioxide (CO2)-free steel into series production, the automaker announced in a press release on 24 May 2021. H2GS, founded in 2020, aims to build a large-scale fossil-free steel production ...
    SQM, Argonne National Laboratory collaborate over lithium production process
    Leading Chile-based lithium producer SQM, and the US Department of Energy’s Argonne National Laboratory, have announced their collaboration to SQM’s process for producing lithium, according to a press release by Argonne National Laboratory on 19 May. The collaboration will study SQM’s lithium ...
    EV battery startup StoreDot, EVE Energy partner to produce XFC batteries
    StoreDot has announced a new framework agreement with its battery manufacturing EVE Energy Co., Ltd (EVE) to bring the former’s silicon-dominant anode XFC FlashBattery for electric vehicles (EVs) to market. According to a company press release on 18 May, the first prototypes will be available for ...
    BMW Group sets goal to reduce over 200 million tons of CO2 emissions by 2030
    The BMW Group has announced its mission for sustainable mobility with goals for the reduction of greenhouse gases (GHG) at its Annual General Meeting on 12 May, according to a company press release. The goals include avoiding emission of over 200 million tons of CO2 by 2030, which it claims is equiv...
    Ultium Cells, Li-Cycle collaborate to expand battery recycling in North America
    Ultium Cells LLC, a joint venture (JV) between General Motors (GM) and LG Energy Solution, has announced an agreement with Li-Cycle to recycle up to 100% of the material scrap from battery cell manufacturing. According to a press release issued by GM on 11 May, 95% of the materials in a battery, inc...
    Energy Exploration Technologies raises USD20 million in funding for direct lithium extraction technology
    Energy Exploration Technologies Inc. (EnergyX) has raised USD20 million in Series A funding to advance its direct lithium extraction (DLE) technology, according to a press release on 7 May. The company is eyeing commercialization in late 2022/early 2023, CEO Teague Egan was quoted as saying with S&a...
    DuPont Mobility & Materials rebrands silicone masterbatches portfolio as MULTIBASE™
    DuPont Mobility & Materials is rebranding its full portfolio of silicone masterbatches for thermoplastics as MULTIBASE™ products, according to a company press release. The new brand took effect this month and applies to all legacy Dow Corning silicone-based masterbatch products. Significanc...
    Motherson Sumi receives shareholders nod for proposed restructuring
    Motherson Sumi Systems Ltd. (MSSL) said in a regulatory filing on 30 April that the public shareholders (non-promoter) have voted in favor of the proposed restructuring. Upon completion of the proposed reorganization, two growth focused listed companies will emerge: Motherson Sumi Wiring India Ltd. ...
    OSRAM Continental joins forces with REHAU
    OSRAM Continental has joined forces with REHAU to drive forward the fusion of automotive exterior components with light, the Germany-based company said in a press release on 3 May. The partners have developed concepts and prototypes that are currently being presented to OEMs. “Automobiles are o...
    Australian government allows EcoGraf to develop high purity spherical graphite plant
    The Australian government has awarded Major Project Status to the EcoGraf Battery Anode Materials Facility in Western Australia, PV Magazine reported on 20 April. EcoGraf will develop a processing facility for high purity spherical graphite. It will supply directly to battery anode manufacturers in ...
    SK IE Technology plans USD2 billion IPO on Seoul’s stock market in May 2021
    SK IE Technology plans a USD2 billion initial public offering (IPO) on Seoul’s stock market next month, on the heels of ramping up production to meet growing demand for electric vehicle (EV) batteries and other products, reports Nikkei Asia. Significance: The Nikkei Asia report states that SK I...
    KeraCel announces name change to Sakuu Corporation
    KeraCel Inc. has changed its name to Sakuu Corporation, the company announced in a press release on 23 April. The name change aligns with the company’s advanced additive manufacturing platform, which has been engineered to build complex fully functional devices at industrial rates, offering manufa...
    Origin Materials, Solvay collaborate on advanced carbon-negative materials for automobiles
    Solvay and Origin Materials have announced, in a press release on 20 April, a collaboration where Origin Materials’ patented technology platform will be leveraged to develop advanced materials for the automotive industry. In addition, another multiyear agreement between the two companies will resu...
    Johnson Matthey, Finnish Materials Group collaborate on eLNO cathode plant
    Johnson Matthey has announced a partnership with Finnish Minerals Group to support the development of a second commercial plant in Finland to produce electric vehicle (EV) batteries, according to a press release dated 19 April. The company has also signed a term sheet for the supply of nickel and co...
    Asahi Kasei relocates European headquarters to Düsseldorf, Germany
    Asahi Kasei Europe has relocated its office and research and development (R&D) functions to its new base at Düsseldorf Harbor in Germany, according to a company press release on 13 April. The new headquarters includes office spaces, a showroom for automotive materials and an R&D center, whi...
    GAC unveils sponge silicon electrode technology on GAC Tech Day
    GAC has a sponge silicon electrode technology on GAC Tech Day 2021, according to a company press release on 13 April. The company has put in “years of research” to develop and patent the “sponge silicon negative plate battery technology”. The battery makes the silicon negative sheet inside t...
    Croatian car parts maker AD Plastik secures new contracts from AvtoVAZ, Nissan, VW, PSA
    AD Plastik has secured new deals in Russia from AvtoVAZ worth EUR10.4 million (USD12.3 million), according to a company press release on 6 April. The project is expected to last eight years. In addition, the company has secured deals worth EUR6.2 million in Russia from Nissan and the Volkswagen Grou...
    Covestro completes first consulting project on CMF trends for Guangzhou Automobile Group
    Covestro is strengthening its color, material, and finish (CMF) capabilities. By way of this, the material supplier has completed its first consulting project on CMF trends and material design for the Advanced Design Department at the Research and Development Center of Guangzhou Automobile Group Co....
    BMW signs USD334.5 million contract to source lithium from Livent
    BMW has announced that it will source lithium from US-based Livent, according to a company press release on 30 March. The multiyear contract, which is worth around EUR285 million (USD334.5 million), will begin from 2022, in which Livent will supply lithium directly to BMW Group’s battery cell manu...
    Nanom raises USD3 million in seed funding
    Battery nanotechnology company Nanom has raised USD3 million in seed funding, techeu reported on 2 April. The capital was raised through EU Green Deal, Iceland Venture Studio, and Village Global. “We are beyond excited to announce Nanom as a company and to emerge from stealth with such exceptional...
    Teijin Ltd., Applied EV team up to develop LS-EV prototype with polycarbonate resin glazing
    Teijin Limited has announced that together with Applied Electric Vehicles (Applied EV) it has developed a highly energy-efficient low-speed electric vehicle (LS-EV) prototype for autonomous driving systems and other mobility applications for zero-emission mobility, according to a company press relea...
    Ford, HP collaborate to transform 3D waste into injection molded auto parts
    Ford announced its collaboration with HP to innovatively reuse spent 3D printed powders and parts, closing the loop and turning them into injection molded vehicle parts, the automaker said in a press release on 25 March. Ford’s team created this solution that produces zero waste at its Advanced Ma...
    Audi, EOS expand use of metal 3D printing applications
    Owing to its partnership with EOS, Audi has moved entirely to additive manufacturing for selected tool segments for hot forming at its Metal 3D Printing Centre in Ingolstadt, Germany, dispense with conventional production methods in these cases, according to a press release by EOS on 18 March. Si...
    European Commission plans to impose antidumping duties on certain aluminum products from mainland China
    The European Commission has pre-disclosed on March 15 that intends to impose provisional antidumping duties ranging between 19.6% and 47.3% on certain flat rolled aluminum products from Mainland China, according to a press release by Hydro, a leading industrial company on 22 March 2021. The dutie...
    Indian supplier UNO Minda Group realigns business domains
    Indian supplier UNO Minda is realigning its business domains to be future-ready, according to a regulatory filing by the company on 15 March. The company has been working on ‘Organization & Business Transformation’ project for last few months in partnership with a global consulting firm. The...
    Sintercom India raises fund from Miba group
    Sintercom India Limited (Company) has raised funds on a preferential private placement basis in the form of equity shares and compulsory convertible debentures (CCDs) from one of its promoters Miba Sinter Holding GmbH & CO KG (Miba), according to a press release on 5 March 2021. The funds raised...
    ElringKlinger secures high volume order for battery components
    German automotive components manufacturer, ElringKlinger AG, has announced that it has won a high-volume contract for supplying cell contacting systems. According to a press release issued by ElringKlinger on 9 March, from the first half of 2022 onward, the company will supply the German plant of a ...
    Elix teams up with Polyscope for automotive interiors materials
    ELIX Polymers has teamed up with Polyscope Polymers for specialty materials for automotive interior applications, ELIX announced in a press release on 2 March 2021. Cooperation to develop thermoplastic solutions for premium automotive parts such as sunroof modules and other structural components. ...
    Skeleton Technologies, Marubeni to launch ‘SuperBattery’ graphene ultracapacitor in Asian market
    Skeleton Technologies has partnered with Japanese company Marubeni to launch ‘SuperBattery’ graphene ultracapacitor for the Asian market, the company said in a press release on 5 March. The partnership will primarily focus on the SuperBattery product line, which has 15-second charging capability...
    Battery materials company DeepGreen Metals to go public through merger
    Battery materials company DeepGreen Metals is set to go public on the New York Stock Exchange (NYSE) through a merger with Sustainable Opportunities Acquisition Corporation, the company announced in a press release on 4 March. The transaction represents a pro-forma equity value of USD2.9 billion (as...
    Grupo Antolin receives EPD certificate for eBú natural bamboo fabric
    Grupo Antolin has received Environmental Product Declaration (EPD) certificate for eBú, its natural bamboo fabric for use in automotive interiors, the Spanish supplier announced in a press release on 18 February 2021. As the new EPD ecolabel certifies, the eBú is the first and only bamboo fiber fa...
    Continental outlines new strategy for hose and line business
    German technology company Continental has announced a new strategy for its hose and line business, according to a company press release on 3 March 2021. The new strategy revolves around two primary objectives: “On the one hand, we are more strongly targeting eMobility as a major growth market. On ...
    thyssenkrupp launches specialist auto body company
    thyssenkrupp has launched an Automotive Body Solutions business unit, which specializes in body assembly solutions and the production of lightweight body components for automotive customers, the German company announced in a press release on 1 March. The new unit has been created from the splitting ...
    thyssenkrupp ends talks with Liberty Steel for selling European steel business
    Germany's thyssenkrupp has ended talks for selling its steel unit to Liberty Steel, focusing on restructuring the unit on its own, the former said in a press release on 17 February. thyssenkrupp said the decision was made after being unable to come to an agreement with Liberty. Dr. Klaus Keysberg...
    EDAG launches "FlexHyBat" research project to manufacture lightweight floor assembly for light commercial vehicles
    EDAG has launched its "FlexHyBat" research project for manufacturing lightweight floor assembly for light commercial vehicles, the company announced in a press release on 9 February. The aim of the "FlexHyBat" research project that kicked off at the end of 2020 is to manufacture multivariant vehicle...
    FREYR, Glencore partner for supply of ethically sourced cobalt
    FREYR and Glencore have signed a letter of intent (LOI) for the supply of high grade sustainably sourced cobalt, FREYR announced in a press release on 1 February. Glencore will supply up to 3,700 tonnes of high grade, sustainably sourced, cobalt metal cut cathodes produced at Nikkleverk, Glencore’...
    Jaguar Land Rover launches Tucana project to develop advanced lightweight composite for EVs
    Jaguar Land Rover has launched a new Tucana project to develop advanced lightweight composite for electric vehicles (EVs), the company announced in a press release on 26 January. The Tucana project is a four-year program that aims to accelerate the mainstream use of EVs and make vehicles l...
    Hyundai partners with IIT Delhi for research on alternative energy powered vehicles
    Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT)-IIT Delhi for research on electrified vehicles, the company announced in a press release on 20 January. The company has donated a KONA Electric for the research...
    KeraCel raises USD14 million in Series A funding round
    KeraCel has raised USD14 million in a Series A funding round, the company announced in a press release on 21 January. The funding round was led by Musashi Seimitsu Industry C0., with the participation from existing and new investors.  “I am very grateful for the continuing support we recei...
    Blackstone Resources to raise USD31.5 million funding through convertible loan
    Blackstone Resources is set to raise CHF20 million (USD31.5 million) through a convertible loan facility agreement valid for three years, the company announced in a press release on 5 January. The first CHF2 million convertible loans has been purchased and have already been paid by two investors. Ad...
    SQM to supply lithium products to LG Energy from 2021
    Sociedad Química y Minera (SQM) has signed a long-term agreement to supply lithium products to LG Energy Solutions from 2021, the company announced in a press release on 22 December. The agreement is for eight years and will run till 2029. As part of the agreement, SQM will supply battery grad...
    Teijin partners with SEMCORP to develop solvent-based coating separators for lithium-ion batteries
    Teijin Limited has signed a technical license agreement with Shanghai Energy New Materials Technology Co., Ltd. (SEMCORP) to manufacture solvent-based coating separators used in lithium-ion batteries for electric vehicles (EV) and other industries, the company announced in a press release on 22 Dece...
    US-based startup Group14 Technologies raises USD17 million in Series B round
    Group14 Technologies, a provider of silicon-carbon composite materials for lithium-ion (Li-ion) markets, has raised USD17 million in Series B funding, according to a company press release on 21 December 2020. The round was led by SK materials, a manufacturer of special gases and industrial gases, wi...
    Robert Bosch Venture Capitals invests in US-based startup Arris
    Robert Bosch Venture Capital (RBVC), the corporate venture capital unit of German supplier Bosch, has invested in Arris, a California-based manufacturing tech pioneer enabling the use of high-performance composites in mass-market products, Arris announced in a press release on 17 December 2020. The ...
    Jaguar Land Rover’s VC arm InMotion invests in blockchain technology firm Circulor
    Jaguar Land Rover’s (JLR’s) venture capital and mobility services arm, InMotion, has invested in blockchain technology firm Circulor, the company announced in a press release on 15 December. Through this partnership, JLR plans to source premium materials with greater transparency. “This invest...
    BASF, Eramet to jointly assess development of nickel-cobalt refining complex
    BASF and Eramet have entered into an agreement to jointly assess the development of a nickel and cobalt hydrometallurgical refining complex, BASF announced in a press release on 15 December. The plan includes a High-Pressure Acid Leaching (HPAL) plant and a Base Metal Refinery (BMR). The HPAL would ...
    BASF becomes preferred supplier of paint related products to BMW
    BMW has selected BASF as a preferred partner for the sales of paint related products (PRP) for BMW global refinish network for the next two years, BASF announced in a press release on 7 December. Glasurit and R-M continue to be recommended for refinish paint repairs of BMW and MINI cars at all BMW a...
    ABB, Talga partner to explore development and production of EV batteries in Sweden
    ABB and Talga have signed a memorandum of understanding (MOU) to  jointly develop Talga’s Vittangi Anode Project in northern Sweden, the company announced in a press release on 10 December. The production facility, which will also have an integrated graphite mine, is expected to begin anode p...
    Desktop Metal completes listing on NYSE after business combination with Trine Acquisition
    Desktop Metal has completed the listing on New York Stock Exchange (NYSE) after a reverse merger with Trine Acquisition, the company announced in a press release on 10 December. As a result of this transaction, Desktop Metal has received approximately USD580 million of gross proceeds from Trine’s ...
    BMW to increase use of 3D printed parts in small series manufacturing
    The BMW Group aims to increase the use of 3D printed parts in small series manufacturing. According to a company press release on 10 December, the automaker is taking the next step in the systematic integration of industrial 3D printing processes. The company aims to industrialize additive manufactu...
    FREYR, Glencore partner for supply of traceable battery raw materials
    FREYR and Glencore have signed a memorandum of understanding (MOU) for supply of ethically sourced and traceable battery raw materials, the company announced in a press release on 9 December. The raw material will be used in lithium-ion (Li-ion) batteries produced at FREYR’s planned battery plant ...
    EMR Metals to lead new battery recycling project in UK
    EMR Metals Recycling is set to lead a new battery recycling project ‘RECOVAS’ in the United Kingdom, the company announced in a press release in November. The project aims to create a new circular end-of-life supply chain for the electric vehicle (EV) industry. The project has won grant support ...
    Hydro and Northvolt's EV battery recycling plant receives USD4.8 million from Enova
    Hydro and Northvolt’s recycling joint venture (JV) Hydro Volt has received NOK43.5 million (USD4.8 million) grant from Enova, a Norwegian government enterprise supporting clean energy and climate efforts, Hydro announced in a press release on 10 November. The recycling pilot plant being set up in ...
    Mercedes-Benz to source cobalt and lithium for battery cell from certified mines only
    Mercedes-Benz AG has announced that it will source cobalt and lithium exclusively from certified mines, a press release from the German automaker read on 12 November. In Mercedes-Benz’s contracts, partners need to commit to working within their own supply chain to source only from suppliers who ar...
    Porsche partners with suppliers to launch blockchain traceability project for plastics
    Porsche and Circularise, the blockchain supply chain transparency provider, have partnered with Borealis, Covestro and Domo Chemicals to launch a blockchain traceability project for plastics, Borealis announced in a press release on 3 November. The project enables traceability of plastics on bl...
    FREYR signs MOU with Elkem for supply of battery materials
    FREYR has partnered with Elkem to source Anode Active Materials (AAM) for lithium-ion (Li-ion) battery production in Norway, the company announced in a press release on 26 October. Under the memorandum of understanding (MOU), Elkem and FREYR will work together to establish long-term AAM supply ...
    JLR to launch two-year project to test use of new lightweight materials in future vehicles
    Jaguar Land Rover (JLR) will launch a two-year project to test the use of new lightweight materials for use in future models, Autocar Professional reported on 22 October. The two-year project will use sensor technology developed for the aerospace industry. The project will look at how innovative met...
    Continental develops synthetic modular coupling for automotive thermal management
    Continental and system supplier aft automotive’s joint venture (JV), JoinPlas, has won the Materialica Design + Technology Award for its synthetic modular coupling system for thermal management in vehicles. According to a press release issued by Continental on 21 October, the company stated that t...
    BASF supplies polyphthalamide (PPA) to Nuvera for use in fuel cell engines
    BASF is supplying polyphthalamide (PPA) to Nuvera Fuel Cells for use in several components of its new 45kW fuel cell engine, the company announced in a press release on 15 October. The fuel cell engines will be integrated into transit buses and delivery vehicles in China over the next three years. ...
    Nippon Paint consolidates automotive coating business under NPAC
    Nippon Paint has announced its decision to consolidate its automotive coating business under its group company, Nippon Paint Automotive Coatings Co., Ltd. (NPAC), according to a company press release in early October. The global organizational realignment of automotive coatings operations will be im...
    3D printing startup Desktop Metal raises multi-million-dollar funding from US Department of Defense
    3D printing startup Desktop Metal has received phase I of a USD2.45 million funding from the US Department of Defense to develop a sophisticated Additive Manufacturing (AM) process capable of mass producing Cobalt-free hardmetals, developed by the US Army. The company’s ‘Production System...
    Plastic Omnium joins ‘Startup Autobahn’ platform
    Plastic Omnium has joined Stuttgart (Germany)-based innovation platform Startup Autobahn, the company said in a press release on 28 September. Last year, Daimler teamed up with the US-based startup accelerator Plug and Play, the University of Stuttgart, and ARENA2036 to establish Startup Autobahn...
    Continental’s supervisory board approves restructuring plan
    The Supervisory Board of Germany-based automotive parts and systems manufacturer, Continental, has approved the restructuring measures at the locations in Aachen, Karben, and Regensburg, as well as the termination of the joint venture with Osram. According to a press statement issued by Continent...
    Jaguar Land Rover to use plastic waste in next-generation sustainable luxury interiors
    Jaguar Land Rover (JLR) is working with ECONYL® nylon to develop high-quality interiors made from ocean and landfill waste, the automaker announced in a press release on 29 September 2020. Next-generation Jaguar and Land Rover models will feature floor mats and trims made with ECONYL® fiber from r...
    Volkswagen partners with RCS Global to ensure responsible battery material sourcing
    Volkswagen (VW) has partnered with RCS Global for auditing suppliers for conformance with human rights, safe working conditions, and environmental protection along the battery raw material supply chain all the way back to the mines, the automaker announced in a press release on 10 September. VW said...
    Xometry raises USD75 million in equity round
    Xometry has completed an USD75MM equity round, led by funds and accounts advised by T. Rowe Price Associates, the company announced in a press release on 9 September. Durable Capital Partners LP and ArrowMark Partners also participated in the round, along with previous venture and strategic investor...
    Dürr partners with Techno Smart for EV battery manufacturing technology
    Dürr is partnering with Techno Smart, a leading Japanese manufacturer of coating systems, Dürr said in a press release on 4 September 2020. The company covers all relevant technologies for coating electrodes for lithium-ion batteries. “With Techno Smart as our cooperation partner, we want to ...
    3D printing startup Azul 3D raises USD4.6 million in seed funding
    3D printing startup Azul 3D has raised USD4.6 million in seed financing, according to a report by 3DPrint.com on 27 August. Investors for this round of funding included former Berkshire Hathaway manager Louis A. Simpson, former 3D Systems chairperson Wally Loewenbaum, and former Stratasys Direct Man...
    Terrafame raises new funding for battery chemicals plant in Finland
    In a press release dated 28 August, Terrafame announced that it has entered into an agreement with its owners Finnish Minerals Group, Trafigura Group’s private investment arm Galena Asset Management (Galena) and Sampo plc, to raise funding for its  upcoming battery chemicals plant in Finland....
    Fortune Nickel and Gold to buy mining rights in Canada to enter battery metals supply chain
    Fortune Nickel and Gold Inc. (Fortune), a wholly owned subsidiary of Here To Serve Holding Corp. (HTSC), has signed an agreement to purchase mining claims in the Canadian nickel-rich area near Timmins, according to a company press release on 1 September 2020. "We have been working with experts in...
    Continental to expand restructuring program, 30,000 jobs to be affected globally
    German automotive components and systems supplier, Continental, has announced that it is expanding the Transformation 2019–29 structural program it initiated in 2019 with additional measures to cut costs and increase efficiency. According to a press release issued by Continental on 1 September, th...
    Johnson Matthey raises EUR135 million for new battery material plant in Poland
    Johnson Matthey has raised EUR135 million (USD159.6 million) in loans from Poland’s European Bank for Reconstruction and Development (EBRD) and KfW IPEX-Bank for its new battery material plant in Konin, Poland, the company announced in a press release on 28 August. The joint financing comprises a ...
    Ontario government to invest CAD10 million for ‘Automotive Modernization Program’
    The Ontario government has announced plans to invest CAD10 million (about USD76 million) under its ‘Ontario Automotive Modernization Program (O-AMP),’ according to a press release on the official website of Ontario government on 18 August. The O-AMP plan entails provision of funding for auto par...
    Mafic USA and The Materials Group collaborate on use of basalt fiber in automotive industry
    Mafic USA and The Materials Group (TMG) have partnered to increase the use of basalt fiber compounded into injection molded thermoplastics within the automotive industry, according to a company press release on 26 August. Recently, Mafic began operations at its basalt fiber production facility in...
    EV startup Sono Motors joins Fair Cobalt Alliance
    Electric vehicle (EV) startup Sono Motor has joined Fair Cobalt Alliance to drive fairer supply of cobalt by improving the conditions in small-scale mining in the Democratic Republic of Congo, the company announced in a press release on 24 August. Through the support of the alliance, Sono Motors wan...
    Ansteel and BYD partner for NEV lightweighting
    Ansteel and BYD have signed a strategic agreement to develop new energy vehicles (NEVs) that are lightweight and have high strength, news website seetao.com reported on 14 August, citing an announcement from China Metallurgical. The companies will also work together on green environmental prote...
    BASF receives funding from German government for battery material production
    BASF has received funding from the German government for battery material production, according to a press release on the official website of the Federal Ministry for Economic Affairs and Energy (BMWi) on 19 August. The federal and state governments will jointly grant BASF around EUR175 million (abo...
    Nissan migrates high-performance computing workloads to Oracle Cloud Infrastructure
    Oracle has announced that Nissan Motor will be migrating its high-performance computing (HPC) workloads to Oracle Cloud Infrastructure, a company press release read on 11 August. By moving its performance and latency sensitive-engineering simulation workloads to Oracle Cloud, Nissan will be able to ...
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