South Korea plans to invest approx. €30 billion in its EV battery industry by 2030 to secure a strong position in the global battery race. These investments – both in R&D and battery production – will be led by key players like LG Energy Solution, SK Innovation or Samsung SDI, reported Bloomberg last week. South […]
South Korea to invest billions in battery industry Read More »
Speeding up battery recycling capacities is critical to meet the increasing volumes of waste batteries on the market, to secure Europe’s position as a leader in the circular economy and to build a strong position in such a volumetric industry. Europe counts indeed over two million EVs on its roads today, and this number is
New battery recycling initiatives in Europe Read More »
EIT InnoEnergy and France Minister of Labour, Employment and Integration have signed a Memorandum of Understanding to launch the EBA Academy to reskill and upskill tens of thousands of workers for the French battery industry. As one of the leading actors under the European Battery Alliance (EBA), France – with three gigafactories in the making
Co-led by EQT Ventures and Renault Group, the fundraise allows Verkor to break ground on an advanced R&D facility and pilot line for high-performance battery cells and intelligent manufacturing – a leap forward in its roadmap to 50 GWh battery production capacity by 2030. Less than a year after its launch, the French industrial company
Verkor raises €100m to develop high-performance sustainable battery cells in France Read More »
We are happy to communicate that Infinity Lithium, one of the projects included in the Business Investment Platform, has signed a Memorandum of Understanding (MoU) with the Korean Group LG for the negotiation of a binding off-take agreement of Lithium Hydroxide (LiOH) produced in their future extraction and refining platform in Cáceres, Spain. The contract
Infinity Lithium signs MoU with LG Energy Solution for lithium offtake Read More »
Renault Group and Verkor will develop and manufacture new high-performance battery cells, bringing manufacturing excellence and a competitive, sustainable, and local battery cell value chain to Europe. Part of the initial output of Verkor’s first Gigafactory will be allocated to Renault’s premium vehicle programmes. Renault Group is to become a shareholder in the French industrial
Verkor partners with Renault Group to gear up its battery manufacturing in France Read More »
Volvo Car Group announces its intention to establish a joint venture with the Swedish battery manufacturer Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars. [Press release] As a first step for the 50/50 joint venture, Volvo Car Group and Northvolt aim to
Volvo Car Group and Northvolt team up to develop and produce batteries Read More »
In a new study made for the European Automobile Manufacturers Association (ACEA), Fraunhofer ISI has pinpointed the location of charging infrastructure for battery electric trucks. The study is based on real travel data of 400 000 trucks collected from seven truck OEMs across Europe. Data shows that the majority of the stops for long-haul trucks
Location of charging infrastructure for heavy vehicles across Europe identified Read More »
We are happy to relay that we held today a new EBA250 Virtual Meetup focusing on charging infrastructure. Below is a summary write-up of the event that welcomed more than 100 EBA250 members live. The online event gathered representatives from a broad range of organisations to reflect the multitude of stakeholders active in this field.
Charging infrastructure in Europe: a bottleneck to e-mobility? Read More »
Rio Tinto and InoBat have just signed a Memorandum of Understanding (MoU) aiming at accelerating the establishment of a local battery value chain in Serbia. The partnership will cover the full commodity life-cycle from mining to recycling of lithium. According to the press release issued yesterday, Rio Tinto’s Jadar project in Serbia has the potential
Rio Tinto partners with InoBat to explore innovative lithium battery initiative Read More »