VFBATTERY REPORT

Notable Events

Pages 7–19 (13 pages)

Battery Report 2023, page 11: Notable Events
Text on page 11

Notable Events

April

Redwood Materials expands partnership with Volkswagen of America to collect more end-of-life batteries from consumer electronics. Poland overtakes the US as the world's second largest producer of lithium-ion batteries.

Week 1

Stellantis and BMW announce talks with Panasonic over new EV battery plants. Tesla confirms plans for second plant in Shanghai.

Notable Events | April

Volkswagen announces investment of $1.1B in new R&D and procurement center for EVs in Hefei, China.

Freyr announces plans to cut gigafactory ramp time by at least 50% in partnership with Siemens.

24M Technologies is awarded $3.8M contract from the United States Advanced Battery Consortium.

6K Energy announces investment of $250M in new cathode plant in North America.

Week 2

Week 3

Samsung SDI opens new battery research center in Shanghai. Volkswagen announces plans to build EV battery ecosystem in Indonesia, partnering with Vale, Ford and Zhejiang Huayou Cobalt.

Week 4

Novalith raises $23M to build processing plant using soda water to extract battery-grade lithium from ores more efficiently than existing techniques.

Sila introduces new Titan Silicon anode for EVs. Samsung SDI and GM announce $3B joint venture for battery manufacturing. ElevenEs announces European LFP battery plant, with 500 MWh/yr capacity by 2024.

U.S. and South Korea sign MoU to expedite development of EV battery manufacturing in the US by South Korean companies. Japan provides $1.8B in subsidies for energy storage batteries.

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

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