The 50-50 joint venture between automotive component supplier Robert Bosch and lithium-ion battery manufacturer Samsung SDI (see the June 25, 2008 LRPJ), SB LiMotive, commenced operations on September 1, after receiving clearance from the European Commission a few weeks earlier. The partners will pu...
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News Commentary | May 03, 2021
General Motors and LG Energy Solution announced a $2.3 billion investment to build their second battery cell manufacturing plant in the U.S. The investment will help Ultium Cells, a joint venture of LG Energy Solution and General Motors, increase the production of large‑format, pouch‑style cells ... Not part of subscription
News Commentary | June 21, 2021
Posco recently announced its plans for battery recycling through its joint venture – Posco Hy Clean Metal – with China's Huayou Cobalt, a Li‑ion battery and new cobalt materials producer. The JV will import "black mass" from Europe to be recycled at its first 10,000 ton per year hydrometallurgical ... Not part of subscription
News Commentary | August 17, 2021
Stellantis – formed in 2021 by a merger between Fiat Chrysler and the PSA Group – plans to develop BEVs across four manufacturing platforms: compact, midsized sedans, SUVs, and pickup trucks; it also plans to operate five battery factories and develop solid‑state batteries by 2026. The sizable ... Not part of subscription