VFBATTERY REPORT

Industry Players & Movement

Pages 19–33 (15 pages)

Battery Report 2022, page 26: Industry Players & Movement
Text on page 26

Investment

Factorial

EUR 20B investment in battery manufacturing spinoff

Joint development agreement and investment in Series D to scale solid state technology

NorthVolt Part of $1.1B convertible note

Investment

Umicore

$2.8B for Production

Joint venture investment of EUR 3B for production of cathode material

Upgrades to plants in Windsor and Brampton

Redwood Materials

Samsung SDI

Supply chain to recycle EV batteries

Partnership

$2.5B for 23 GWh factory in Kokomo, Indiana

Elli and Elia Group Partnership to showcase integration of EV’s into electric grid

Partnership

Offtake agreement for battery grade nickel and cobalt

The Mobility House

$1.7B for Production

$50M Series C for smart charging and vehicle-to-grid integration

Wind Power

Investment

$1.4B to expand battery plant for i3 and iX3 cars

ProLogium Significant investment to develop solid state battery cells

CATL Supplying new cylindrical cells starting in 2025

Rock Tech Lithium

Partnership Rivian MOU for joint production of electric vans

Industry: Industry Movement

$1B for vehicle factory and $700M for battery assembly in Spartanburg, South Carolina

China Plant Expansion

100 MW wind farm at Papenburg test track

10 kilotons of lithium per year starting 2026

LG Energy Solutions $4.1B for 45 GWh plant in Windsor, Ontario

GME Resources

Canada MOU to explore battery manufacturing and raw material supply chains

Investment

Vulcan Energy Resources EUR 51.5M for 10 years of LiOH production

Partnership

Envision AESC 30 GWh new cell factory in South Carolina

SolidPower $20M licensing agreement for SolidPower cell design and manufacturing process

Volta Foundation

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

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