VFBATTERY REPORT

Notable Events

Pages 6–9 (4 pages)

Battery Report 2021, page 9: Notable Events
Text on page 9

Hertz announces order of 100,000 Teslas for their rental fleet

Factorial Energy announces strategic investments from Korean OEMs Hyundai and Kia

Oct

Stellantis and LG partner to set up 40GWh factory in 2024

Johnson Matthey announces intention to exit cathode materials business

SES unveils 107Ah lithium metal cell prototype at Battery World event

Nov

CATL announces plans for $5B battery recycling facility in Hubei

Northvolt invests $750M into R&D campus in Västerås, Sweden

Mitra Chem enters US LFP cathode business with $20M Series A

VW announces new partnerships with Umicore (materials), 24M (manufacturing), and Vulcan (lithium supply)

Dec

Battery pack prices fall 6% to $132/kWh in 2021

FREYR Battery is awarded 31 GWh offtake agreement with ESS provider

Amita Thailand and Energy Absolute open 50 GWh gigafactory, largest in southeast Asia

Toyota to invest $35B in EV development with plans to sell 3.5 million EVs annually by 2030

Extracted from the PDF; charts and images may read imperfectly.

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