VFBATTERY REPORT

Notable Events

Pages 7–19 (13 pages)

Battery Report 2023, page 10: Notable Events
Text on page 10

March

Notable Events

Week 1

Notable Events | March

Tesla cuts U.S. Model S and Model X prices between 4% and 9%.

Volkswagen announces first North American EV Battery Plant in Ontario.

American Lithium Energy secures $13.2M in grants from the California Energy Commission to build pilot lithium-ion manufacturing facility.

Cirba Solutions and Jacobs form strategic alliance to expand manufacturing capacity across North America for EV battery materials.

Week 2

Samsung SDI plans to build battery plant with GM. Our Next Energy (ONE) announces plans to build $500M battery storage system manufacturing facility in West Virginia.

Week 3

CATL delays plans to raise $5B in Switzerland as regulators in Beijing raise concerns. Volkswagen pauses on battery plant in Europe, prioritizing North American factory.

Amprius announces 500Wh/kg power cell aimed at aviation market.

pH7 Technologies receives $16M in a Series A for clean extraction and recycling of critical metals.

Gotion pauses battery plant in Big Rapids Township, Michigan.

Li-Cycle and KION Group form lithium-ion battery recycling partnership and Li-Cycle announces new facility in France.

Week 4

Posco Future M announces plans to build NCA cathode facility in South Korea with 30,000 tpa production capacity.

BMW Group announces new assembly site for high-voltage batteries in the Straubing-Bogen.

US and Japan reach deal on vital minerals for EV batteries.

Gotion and Edison Power partner on energy storage and battery recycling in Japan.

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

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