Notable Events

May

Notable Events

QuantumScape announces plan to target smartphone batteries. Thailand in talks with CATL and other battery manufacturers to build production facilities.

Week 1

Notable Events | May

Glencore and Li-Cycle announce plans for largest battery recycling plant in Europe, capable of processing 50 to 70 ktpa of black mass. EVE Power announces plans to build $1.1B cell plant in Hungary.

Week 2

Tesla Giga Berlin starts production of Model Y with BYD batteries.

Tesla breaks ground on $375M lithium refinery factory in Texas.

Hozon to produce EVs in Thailand for Southeast Asian market.

Honda and GS Yuasa establish JV for battery development.

Microvast denied $200M grant from US Department of Energy after national security concerns. Ganfeng Lithium announces mass production of solid-state batteries. Energy and Pylon Technologies form JV to supply Europe with LFP batteries.

Week 3

Week 4

Morrow Batteries raises $52M to continue development in southern Norway, first factory to open in Q1 of 2024. Stellantis resumes construction of $3.7B battery plant after Ontario government increases financial support.

Ford EVs slated to use Tesla’s supercharger network by early 2024. Hyundai and LG announce $4.3B plant in Georgia to build batteries for EVs. France opens first EV battery factory in partnership between TotalEnergies, Mercedes-Benz, and Stellantis.

GM and POSCO secure $224M from Canada's federal government to build battery materials facility. Form Energy breaks ground on $760M battery plant with annual capacity of 550 MWh. Toyota announces additional $2.1B investment for North Carolina battery plant.

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