Global mining giant Glencore has signed a deal to supply Korean battery-maker SK Innovation with up to 30,000 tons of cobalt contained in hydroxide between 2020 and 2025. Glencore expects global demand for cobalt for EV batteries to reach 92 kilotons by 2025. The quantity of cobalt supplied under this contract will allow SK Innovation… Read more »
Tag: Batteries
Mercedes may be toning down EQC targets
According to a report, Daimler is said to have significantly reduced the sales targets of the Mercedes EQC for 2020 – mainly because of battery scarcity. The company denied this and maintains they are sticking to the original plans. According to the “Manager Magazin”, citing insiders who have not been named in detail, Daimler is […]
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Bloomy releases Battery Simulator 1200 software update for BMS testing
Bloomy, a provider of automated testing, data acquisition and control systems, has released the third version of the Soft Front Panel for its Battery Simulator 1200, which provides 12 programmable cells that sink and source current for testing battery management systems. The new update is designed to simplify the program and allow PC users to… Read more »
BMW revamps battery materials supply chain, signs supply contract for raw lithium
BMW Group has signed a €540-million contract with China’s Ganfeng Lithium for the supply of raw lithium from mines in Australia. The carmaker has restructured its supply chains for its upcoming fifth generation of battery cells. From 2020 on, it will directly source both lithium and cobalt. The raw materials will then pass on to… Read more »
Volkswagen acquires 20% of Chinese battery maker Guoxuan
Volkswagen plans to acquire 20% of Chinese battery maker Guoxuan, Reuters reports, accelerating the German giant’s foray into China’s growing EV market. At current prices, the 20% stake would be worth about $560 million. Volkswagen is currently the top foreign automaker in China, and has set a goal of selling 1.5 million new energy vehicles… Read more »
FCA aims to develop a more ethical cobalt supply chain
Fiat Chrysler (FCA) recently joined forces with the Responsible Sourcing Blockchain Network in a move to improve its sustainability efforts. The automaker will begin using blockchain technology to help ensure sustainable sourcing and production practices through audits that map the mining history of its raw cobalt supply. The first of these blockchain-powered audits is set… Read more »
First images of BYD’s Han available
BYD has released the first pictures of its new sedan Han, which will be offered as both BEV and PHEV and will debut at the Beijing Auto Show in April. The market launch is scheduled for June. The purely electric version will be offered with either one or two engines, while the plug-in hybrid version […]
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Tesla distances from German battery production
Tesla apparently does not plan to manufacture lithium-ion cells in Grünheide in the first construction phase. This could be due to the tight schedule. Meanwhile, the Tesla Model Y has received certification from the California Air Resources Board (CARB) in the USA. Little by little, more and more details about the planned Tesla factory in […]
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Volvo looking to build electric XC-90 in the USA
According to a media report, Volvo will produce the fully-electric version of its XC90 SUV model at its Ridgeville plant in South Carolina and will also build a plant to produce the battery packs for the model on the site starting this autumn. The battery plant should be completed in time for the company to […]
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CES News: Fisker Ocean Electric SUV Debuts
Though many details are still sketchy, at CES Fisker showed a driving prototype of the Ocean compact luxury SUV, which he said will begin initial deliveries near the end of 2021 at $37,499.
