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…
Read more
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…
Read more
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…
Read more
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,…
Read more
Global power and technology leader Cummins Inc. (NYSE: CMI) today announced the launch of Accelera by Cummins, a new brand for its New Power business unit. Accelera provides a diverse portfolio of zero-emissions solutions for many of the world’s most vital industries empowering customers to accelerate their transition to a sustainable future. The launch of…
Read more
Australian firm Recharge Industries has bought the defunct battery maker Britishvolt out of administration. Britishvolt had plans to build a £4bn battery plant near the Port of Blyth in Northumberland but collapsed last month after running out of money. Its downfall was blamed on a lack of battery experience, proven technology, customers and revenue. Recharge Industries…
Read more
London, UK, February 7, 2023 – Recharge Industries™ just signed a Memorandum of Understanding (MOU) with Tees Valley Lithium (TLV) to supply Lithium Hydroxide. TLV is a wholly owned subsidiary of Alkemy Capital Investments plc. Through this MOU, TVL has agreed to supply tolled lithium hydroxide to Recharge Industries™ from its facility in Teesside, in…
Read more
Freudenberg e-Power Systems and LG Energy Solution (LGES; KRX: 373220) have signed a multi-year contract for the supply of lithium-ion battery cell modules. LGES to supply Freudenberg with 19 GWh lithium-ion battery cell modules for truck and bus applications Partnership combines the strengths of LGES, a leading global manufacturer of batteries, and Freudenberg as a…
Read more
Collaboration represents significant milestone for Italvolt Extreme fast charging (XFC) technology to be licensed to accelerate route to market Agreement will see StoreDot become an offtake partner Collaboration will see StoreDot secure capacity for its potential customers Italvolt S.p.A., the company developing Italy’s largest independent battery cell factory, today announces it has entered a strategic…
Read more
Munters has received two orders of climate control systems for a multinational automotive manufacturer. The orders have a combined value of MUSD 54 (approximately MSEK 560) and will be delivered to facilities in the US and Canada. The battery segment is one of Munters’ prioritized growth areas, and its leading desiccant dehumidification technology is ideally suited to…
Read more
Recent Comments