Gotion and Volkswagen AG will establish three joint ventures to manufacture lithium iron phosphate (LFP) batteries and battery materials in Valencia (Spain), Surany (Slovakia), and Kenitra (Morocco).
South Korean battery manufacturer SK On’s US production facilities will supply NeoVolta Power with 9GWh of lithium iron phosphate (LFP) pouch cells under a five-year deal.
The benefits of advances in cell technology, which improve the performance and lifetime of battery storage systems, can be directly passed onto customers.
Metals group BASF has begun commissioning on what it claimed is the first combined battery cathode materials production and recycling plant, in Germany.
Redwood Materials will get a US$2 billion loan from the DOE’s Loan Programs Office (LPO) for its closed-loop lithium-ion anode and cathode material production plant in Nevada, US.
In a double-whammy of NMC battery news, SolarEdge has started shipping cells from its new South Korea gigafactory while Lechlanché has claimed a breakthrough in environmentally-friendly cell production.
Taiwan-based Aleees will provide its lithium iron phosphate (LFP) cathode manufacturing process technology for ICL Group’s US$400 million facility in Missouri, US.