Northvolt and Hydro today announced the formation of a joint venture, Hydro Volt, to enable recycling of battery materials and aluminum from the Norwegian market for electric vehicles. Hydro Volt will establish a recycling hub in Norway which will start operations in 2021.
The launch of the joint venture follows an investment in Northvolt by Hydro in 2019 and further strengthens the partnership between the battery manufacturer and the aluminum company, which is based around advancing circular industry technologies and material flows.
Hydro Volt will start operations in Fredrikstad, Norway, with a feed of batteries coming from the Norwegian EV market, which is one of the most advanced in the world.
Chinese electric vehicle (EV) maker BYD Co Ltd will supply EV batteries to U.S. automaker Ford Motor Co, a document on the website of the Ministry of Industry and Information Technology showed on Monday.
Ford’s China venture with Changan Automobile is seeking government approval to build a plug-in hybrid model equipped with BYD’s batteries, according to the document.
Works will start next year. With a total capacity of 32 gigawatt-hour, the factory will consist of four equal modules of 8 gigawatt-hour. The first section is planned to be ready in 2024 and will most likely use existing battery technology, while the others will be developing “the next generation battery cell technology”.
The county of Agder will also give Morrow access to renewable hydropower, while the projected factory is expected to need 2,500 highly skilled workers.
Morrow’s lithium sulfur batteries will use deposed materials from the Norwegian oil industry. The production will then differentiate from today’s usual chain, which requires rare minerals and 97% of which takes place on coal fueled plants in China, Japan and South Korea.
Tesla Inc is seeking Chinese government approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, a document on the website of the Ministry of Industry and Information Technology showed.
Reuters exclusively reported in February that Tesla is in advanced talks to use LFP batteries from CATL that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China plant…
Korean website thelec.kr previously reported that on May 13 CATL announced that it will supply lithium iron phosphate batteries to Shanghai Tesla Giga Factory from the second half of the year.
According to Yang Hongxin, President of SVOLT, the newly launched cobalt-free batteries have several core advantages including longer cycle life, better safety and higher energy density. As he said, SVOLT’s L6 cobalt-free long cell is being adapted to a high-end model of Great Wall Motors. With its matrix PACK design, this vehicle could reach a driving range of 880km.
If this driving range can truly be realized, SVOLT’s cobalt-free batteries would undoubtedly have created a new product category for automotive batteries. It will improve the competitive advantage of BEVs greatly relative to ICE vehicles, eliminate range anxiety of end users about existing BEVs, increase consumers’ confidence in choosing BEVs, and speed up the process of replacement of ICE vehicles with BEVs.
Sales of electric passenger vehicles are forecast to fall 18% in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of strong growth. However, sales of combustion engine cars are set to drop even faster this year (by 23%), and the long-term electrification of transport is projected to accelerate in the years ahead.
“We are seeing strong demand from Tesla” beyond the Nevada plant’s current capacity of 35 gigawatt hours per year, Panasonic Chief Financial Officer Hirokazu Umeda told an earnings briefing on Monday. “We are in discussions right now” about expanding the plant’s capacity, he said.
On May 13, during an annual investors conference, CATL announced that it will supply lithium iron phosphate (LFP) batteries to Tesla’s Shanghai Gigafactory. This is the first tie CATL discloses in public any partnership with Tesla. CATL Chairman Cheung Yu-chin also said that cooperation with Tesla is not limited to its China operations.
Latest testing shows Ford Mustang Mach-E charge time has improved by approximately 30 percent from early estimates, adding an estimated average of 61 miles of range in 10 minutes using Electrify America’s DC fast charging station with extended-range battery and rear-wheel drive
To make charging even more convenient and easier to access, FordPass Charging Network is expanding by 1,000 more charging stations and 5,000 more charge plugs for more than 13,500 stations and almost 40,000 plugs, ensuring it remains North America’s largest electric vehicle public charging network
The wireless software tweaks can be made anywhere and are said to be ‘virtually invisible’ to Mach-E owners, taking less than two minutes in some cases. Complex updates that require more downtime can be scheduled for a convenient time, such as the middle of the night.