VFBATTERY REPORT

Industry Players & Movement

Pages 19–33 (15 pages)

Battery Report 2022, page 30: Industry Players & Movement
Text on page 30

Battery Production

Ascend Elements

$4.1B planned for co-located mine and production plant (30 GWh) in Yichun

SK Eco invests $50M for recycled Li-ion material

Lithium Mines

Investment

Undisclosed amount for 6 lithium mines in Africa

US Expansion $30B to be invested in US by 2025 for clean energy / technology (EVs, hydrogen, storage)

Inchcape EV market entry in Belgium and Luxembourg

Ford and Koç

FAW Group

JV for Ford EV batteries in Turkey (30-45 GWh)

45 GWh production in Changchun

Partnership

Shell

Terra Power SK invested $250M ($750M round) for SMR tech

Partnership

Hyundai

EV charging infrastructure across Europe/China

$5.54B MOU for battery supply in North America

Sixt

10% stake, 5-year off-take, 15-25 kilotons/year

Lake Resources (Lithium) Planned purchase of 100k BYD EV’s by 2028

R&D Expansion

Gigafactory 1 Optimization

Opening battery research facilities in US, Germany, and China

Optimizing output from 39 to 43 GWh capacity

Investment Kansas Factory $4B for 30 GWh factory producing 4680’s

Investment

Solid State

Nouveau Monde Graphite (NMG)

Solid-state pilot production in early 2023

North American supply of graphite

Partnership

Lucid Motors Supplying cells for Lucid Air luxury EV’s

Stellantis

Redwood Materials Recycled cathode and copper materials

Industry: Industry Movement

Malaysia Battery Factory $1.3B for cylindrical cell factory in Malaysia

Partnership

$2.5B for 23 GWh Li-ion plant in Indiana

EcoPro EM JV for 54 kilotons/year of cathode material

Volta Foundation

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

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