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BASF consolidates business, will invest $5 billion in battery materials and recycling

Charged

BASF , a producer of cathode active materials (CAM), plans to consolidate some of its business into a new legal entity called BASF Automotive Catalysts and Recycling beginning in January of 2022. BASF also plans to expand its CAM manufacturing in Asia, Europe and North America. The company will also invest up to €4.5

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US Electric Vehicle Plant’s Hydrogen Deal with Plug Power

Hydrogen Fuel News

The move represents a decisive step towards greener technology within the automotive industry. This innovative collaboration aims to introduce hydrogen and fuel cell solutions across the vast expanse of over 6 square miles of automotive manufacturing space. The unveiling of Plug Power Inc.’s

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Britishvolt acquires German battery cell manufacturer EAS

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Its products are used in aerospace, defense, marine and automotive applications in Europe, Asia and North America. EAS has over 25 years of experience in developing and producing large-format cylindrical lithium-ion cells from 7.5 Ah to 50 Ah. Prominent customers include NASA.

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The US and EU take different approaches to the threat of Chinese EV imports

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Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. percent tariff for all Chinese-made cars, and the Inflation Reduction Act creates an additional barrier with its stipulation that only EVs made in North America qualify for tax credits.

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Big EV news from Volkswagen: raw material investments, Ontario battery plant, €25k EV for Europe

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François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry “We now have the unique opportunity to grow profitably in North America and play a key role in driving the transition to electric mobility there,” said Volkswagen Group CFO and COO Arno Antlitz.

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New report highlights trends in EV battery supply chains

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Nowadays the problems and opportunities of the battery supply chain are hot topics in executive suites far beyond the automotive industry, and a growing number of market research companies are churning out detailed reports on the sector. Source: Strategy Analytics.

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Li-Cycle opens battery recycling facility in Alabama

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The Alabama Spoke is strategically located to support the recycling needs of the company’s growing battery supply customer base in the southeastern US, where several battery and automotive manufacturers are establishing operations.

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