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BBC – BMW investment secures future of Mini factories

German car giant BMW is expected to announce plans to invest hundreds of millions of pounds to prepare its Mini factory near Oxford to build a new generation of electric cars. Production of two new electric Mini models is due to begin at the plant in Cowley in 2026. The move is expected to safeguard…
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11th September 2023 0

Tata Group to Set Up a 40GW Battery Gigafactory in the UK

Tata Sons will build a 40GW battery cell gigafactory in the United Kingdom (UK). The investment, of over £4 billion, will deliver electric mobility and renewable energy storage solutions for customers in UK and Europe. JLR and Tata Motors will be anchor customers, with supplies commencing from 2026 Tata Sons today announced plans to establish…
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19th July 2023 0

Fortescue to expand the production of batteries and electric powertrains in the UK with new WAE Oxfordshire facility

Fortescue is significantly expanding its battery and electric powertrain production operations in the UK with the announcement of an additional WAE state-of-the-art facility in Oxfordshire The new facility will create more than 120 new jobs and will be focused on production of a wide range of zero-emission products for the off-road sector including trucks and…
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19th June 2023 0

EV chargers at Ecobat’s Darlaston site are powered by energy recovered from recycled batteries

Ecobat Solutions UK Ltd has confirmed the opening of an on-site EV charging facility for staff and visitors – and the power for the chargers comes from an unexpected source. The Darlaston-based company employs over 85 staff in the UK alone. Its EV battery diagnosis and disassembly centre opened in January 2021 and has already…
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1st June 2023 0

UKBIC to build £36m Flexible Industrialisation Line (FIL) to enable battery developers to more easily move up the challenging battery manufacturing ‘scale-up’ ladder

The UK Battery Industrialisation Centre (UKBIC), the UK’s national battery manufacturing scale-up facility, has secured £36 million in funding for the facility’s new Flexible Industrialisation Line (FIL.) The new line will bridge the gap between UKBIC’s Volume Industrialisation Line (VIL) and existing kilogramme scale demonstrator lines available elsewhere. Construction of the new flexible line is…
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26th May 2023 0

OakNorth, S-Cube and Intercalation founders back university battery spinout About:Energy

Spinout About:Energy has closed a funding round thanks to investments from three notable technology experts. About:Energy, a spinout founded from battery research at Imperial College London and the University of Birmingham, has closed its pre-seed funding round thanks to investments from three notable technology experts. Rishi Khosla, co-founder and chief executive of OakNorth, Nikhil Shah,…
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11th April 2023 0

UK’s IONETIC strengthen senior leadership team with appointment of automotive industry veteran Dr. Andy Palmer

IONETIC, the dynamic UK start-up specialising in electric vehicle (EV) battery pack technology, is further strengthening the expertise of its senior leadership team with the appointment of automotive executive, Dr. Andy Palmer, as its Chairman. Dr. Palmer joins IONETIC at a key stage in its development, as the business continues to focus on onboarding clients and planning the opening…
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4th April 2023 0

The largest single investment ever for stand-alone battery manufacturing facility in North America The new manufacturing complex to produce cylindrical batteries for EVs (27GWh) and LFP pouch-type batteries for ESS (16GWh), with total annual production capacity reaching 43GWh Production to start in 2025 and 2026 respectively, addressing customers’ needs for locally manufactured batteries in response to IRA tax credits and surge in market demands The manufacturing complex to ensure cohesive partnerships and further promote collective drive to expedite clean energy transition with major EV and ESS players in North America SEOUL, March 24, 2023 – LG Energy Solution (LGES; KRX: 373220) today announced it will invest approximately KRW 7.2 trillion (USD 5.5 billion) to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). It marks the largest single investment ever for a stand-alone battery manufacturing facility in North America. It is also more than four times the amount the company initially announced last year (KRW 1.7 trillion) to manufacture cylindrical EV batteries in the same location. Out of the KRW 7.2 trillion, the company plans to invest KRW 4.2 trillion (USD 3.2 billion) in building cylindrical battery manufacturing facility with a capacity of 27GWh, and KRW 3 trillion (USD 2.3 billion) in LFP pouch-type battery facility with the capacity of 16GWh. Both facilities, totaling 43GWh, plan to break ground this year. With the new battery manufacturing complex in the southwestern state, LGES will boost its production capacity in major product segments, develop more cohesive partnerships with its customers in both EV and ESS sectors, and cut back on the logistics cost by bringing its new manufacturing facilities in close proximity to its customers. The new cylindrical battery manufacturing facility aims to start mass production of 2170 cells in 2025, mainly for EV makers in North America. It is the first-ever U.S. cylindrical battery manufacturing facility solely invested by a Korean battery manufacturer. The company’s decision to increase investment in cylindrical EV battery production in North America comes from rising demand from EV makers for locally manufactured high-quality, high-performance batteries in an effort to satisfy the Inflation Reduction Act (IRA)’s EV tax credits. The new manufacturing facility for LFP pouch-type batteries for ESS, which is the first ESS-exclusive battery production facility in the world, aims to start production in 2026. With LG Energy Solution Vertech, Inc.’s fully integrated energy storage solutions, LGES will further expand its presence in the entire ESS value chain. Situating the new ESS battery facility in North America, the biggest ESS market globally, LGES aims to respond to the fast-growing needs for locally manufactured batteries on the back of the IRA, and further expedite clean energy transition in North America upon the strong government policies supporting the adoption of ESS. “Our decision to invest in Arizona demonstrates our strategic initiative to continue expanding our global production network, which is already the largest in the world, to further advance our innovative and top-quality products in scale and with speed,” said Youngsoo Kwon, CEO of LG Energy Solution. “We believe it’s the right move at the right time in order to empower clean energy transition in the U.S.” The company’s new manufacturing facilities will utilize a state-of-the-art smart factory system that carries out all decision making on machine-produced data. By implementing this key measure to enhance product quality, the Arizona facilities will aim to increase yield, improve manufacturing processes, and boost productivity to better respond to the ever-rising battery demands in the region. Source: LG Energy Solution to Invest KRW 7.2 Trillion to Build Battery Manufacturing Complex in Arizona, Step Up EV and ESS Battery Production in North America – LG Energy Solution (lgensol.com)

The largest single investment ever for stand-alone battery manufacturing facility in North America The new manufacturing complex to produce cylindrical batteries for EVs (27GWh) and LFP pouch-type batteries for ESS (16GWh), with total annual production capacity reaching 43GWh Production to start in 2025 and 2026 respectively, addressing customers’ needs for locally manufactured batteries in response…
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27th March 2023 0

Gigafactory Valencia: PowerCo gives starting signal for construction of second cell factory

Salzgitter, Valencia, St. Thomas: PowerCo forges ahead with expanding its global battery business Cell factory in Valencia to start production of the unified cell in 2026, creating more than 3,000 direct jobs Initial capacity of 40 GWh per year with potential for further expansion Sustainable batteries: PowerCo sets on manufacturing with 100 % green electricity…
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20th March 2023 0

Morand unveils innovative fire protection system for battery packs

Comprehensive fire protection system for battery packs with universal application FS Security utilises a combination of electrical and static protection Proof-of-concept system developed with specialist collaborator Fire System SA Tests show system does not interfere with battery pack cooling or airflow   Vuadens, Switzerland… Swiss technology start-up Morand has launched an innovative fire protection system designed…
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14th March 2023 0