Inobat plans new battery facility with Serbian government

Inobat plans new battery facility with Serbian government

Slovakian battery company Inobat and the Serbian government have signed multiple letters of intent to build an EV battery cell production facility in the country. Inobat is exploring multiple locations in Europe, having signed similar agreements with the Spanish government in October this year. The company also secured incentives for a joint venture with US-based EV adoption company Ideanomics in the same month…

 

 

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Redwood Materials to provide cathode material to Panasonic’s Kansas battery facility

Redwood Materials to provide cathode material to Panasonic’s Kansas battery facility

Nevada-based battery recycling company Redwood Materials will supply cathode materials to Panasonic’s Kansas battery production facility. This is the first time US-based Gigafactory-scale cathode production will be used in domestic cell manufacturing. In July this year, the Japanese battery manufacturer announced it will construct a USD4 billion battery production facility in DeSoto, Kansas, which will use the cathode materials provided by Redwood Materials as part of the newly announced deal. Both mass production at Panasonic’s Kansas facility and the first shipment of materials from Redwood to the site are scheduled for 2025.

 

 

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Image Credit: Adobe Stock

Volvo Group and Pilot Company establish North American charging network partnership

Volvo Group and Pilot Company establish North American charging network partnership

Swedish vehicle manufacturer Volvo Group and US-based petroleum corporation Pilot Company have signed a letter of intent to develop a network of public charging infrastructure for medium and heavy-duty vehicles in North America. The partnership will combine Volvo’s experience in Class 8 battery electric trucks and charging solutions with Pilot Company’s network of refuelling stations to enable widespread electrification of medium and heavy-duty transport in the region.

The high-performance charging stations will be deployed at selected Pilot and Flying J travel centres…

 

 

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Image Credit: Volvo Group

SK On bolsters lithium supply via deal with SQM

SK On bolsters lithium supply via deal with SQM

On Monday 7th November 2022, the Korean EV battery manufacturer SK On signed a five-year lithium supply deal with Chilean lithium and chemicals company SQM. The supply is set to begin in 2023 and will see SK On purchase up to 57,000 tonnes of battery-grade lithium hydroxide from SQM – enough to supply roughly 1.2 million EV batteries. The Korean company noted SQM’s ESG credentials as a motivator for cooperation.

The two companies also agreed to discuss further cooperation in the mid and long term on areas such as additional lithium supply, potential investment in production plants and waste battery recycling. Having recently agreed lithium supply deals with…

 

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VinES and Li-Cycle enter strategic recycling alliance

VinES and Li-Cycle enter strategic recycling alliance

On the 3rd October 2022, advanced battery research, development and manufacturing company VinES Energy Solutions and leading lithium ion battery recycling firm Li-Cycle Holdings Corp. launched a global recycling partnership to make progress towards a closed-loop battery recycling supply chain. VinES and VinFast, a global EV manufacturer and fellow member of the Vietnam’s largest private corporation Vingroup, will look to capitalise on Li-Cycle’s advanced Spoke and Hub network strategy which has led to the US-based company growing to the current North American battery recycling market leader.

Both parties of the newly announced strategic alliance have been expanding their respective North American operations. Vinfast began the construction of a new EV production facility in North Carolina which is expected to…

 

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Image credit: Li-Cycle