Category: European Investment

Explore the Battery Revolution!

Audi announces three-motor e-tron S performance models

Audi is systematically moving forward with its e-offensive: The Audi e-tron and the Audi e-tron Sportback are becoming more agile, sharper and more dynamic as S models. The three electric motors, two of which are located on the rear axle, together provide 370 kW of boost power and 973 Nm (717.6 lb-ft) of torque. This…
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5th March 2020 0

Alstom To Deliver Its First Battery Electric Trains

Electrification of trains takes on a new form – battery-electric versions can now replace diesel series-hybrids. Alstom announced this month its first contract for battery-electric regional trains in Germany for the Leipzig-Chemnitz route, which requires the train to cover 80 km (50 miles) of the non-electrified track. The company will deliver 11 Coradia Continental BEMU…
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4th March 2020 0

Samsung SDI Expands Its Battery Plant In Hungary

Samsung SDI is gearing up for major expansion in Europe in 2021 and reportedly also for the NCA chemistry. According to the South Korean media, Samsung SDI has begun expansion of its lithium-ion cell manufacturing plant in Göd, Hungary. Unofficial reports say that Samsung SDI has ordered manufacturing equipment for its existing plant as well…
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3rd March 2020 0

Tesla’s Next-Gen Non-LFP Battery Protects Against Impending Cobalt Crisis

Production of electric cars in Europe is stalling due to a lack of battery supply. Meanwhile, and not entirely unrelated, it looks as if the majority of Europe’s carmakers will overshoot their fleet carbon emissions limits this year, and be subject to major fines. Audi is the latest carmaker to slow down, or even pause…
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2nd March 2020 0

Northvolt Zwei: Expanding the green blueprint for battery manufacturing into Germany

Partnering to enable a sustainable transport future, the Northvolt–VW joint venture will establish the Northvolt Zwei lithium-ion battery gigafactory in Salzgitter, Germany.   One was never going to be enough   Now at the edge of a new decade, industries across Europe are gearing up for the shift away from carbon-based fuels and the transition towards a cleaner future built around electrification.…
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16th December 2019 0

Mercedes-Benz Cars starts production of PHEV batteries in Bangkok; 3rd plant in global battery production network

Mercedes-Benz Cars have opened a factory for plug-in hybrid (PHEV) batteries in the Bangkok region in Thailand. The new battery factory was built on a 50,000 m² site located at the vehicle manufacturing plant in the Bangkok region. The new plant is the third production facility in the company’s global battery production network. Together with…
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9th December 2019 0

Northvolt & Mälarenergi partner to deploy battery energy storage for EV charging

Northvolt and Swedish power provider Mälarenergi are partnering to establish a battery energy storage system at an electric vehicle charging station in Västerås, Sweden. The Northvolt battery system is intended to reduce peaks in electricity demand of the charging station by more than 80%, and thereby lessen the impact of EV charging on the local electricity network. The battery system will be commissioned in summer 2020 at the Rocklunda…
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4th December 2019 0

One-by-one: Saft supplying Nordic region’s next big battery project

Almost exactly a year since the Nordic region’s ‘largest’ battery energy storage system to date was announced, Saft has said that the next system to take that crown will be a project the company will work on in Finland. Saft, the battery energy storage system (BESS) specialist fully-owned by energy major Total, emailed Energy-Storage.news today…
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27th November 2019 0

BMW orders more than 10 billion euros’ worth of battery cells

BERLIN (Reuters) – German carmaker BMW (BMWG.DE) on Thursday said it had ordered more than 10 billion euros’ ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL) (300750.SZ) and Samsung SDI (006400.KS). BMW said it had boosted its order with CATL to 7.3 billion euros from an original…
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22nd November 2019 0

Second-life EV batteries

To promote the development of a more sustainable society, the European Union and other government agencies have set targets to drastically decrease greenhouse gas emissions by 2030. With the rapid growth of the automobile industry and the continuous improvement of people’s living standards, car ownership and sales continue to rise, which brings a series of…
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14th November 2019 0