This Week In Batteries: China, GM, NIO, and More

In Case You Missed It

- China’s EV export boom (see video below)

Top News

- GM will end production of Bolt EV later this year. (Link)

OEMs

- NIO reports EV deliveries jump more than 30% in April (Link)

- Fisker will deliver its SUV Ocean with swappable batteries made by Ample by the start of next year (Link)

- BYD progresses bottom-up EV trend with under-$11K model (Link)

- GM looking at Palace of Auburn Hills site for an EV supplier park (Link)

- Ford reports $1.8B profit, cuts Mustang Mach-E EV prices (Link)

Cells & BESS

- Honda and GS Yuasa Corp will invest $3B to produce batteries for EVs and homes (Link)

- ElevenEs launches European LFP battery plant, with a capacity of up to 500 MWh/yr by 2024 (Link)

- PGE ramps battery storage ambitions with procurement of 400 MWh capacity (Link)

- Dyson plans a new battery plant In Singapore, part of its $3.4B investment plan (Link)

- Japan providing $1.8B in subsidies for storage batteries (Link)

- Thailand is in talks with CATL and other battery makers to build production facilities, intentionally developing a regional EV production hub (Link)

Metals & Components

- Alliance Nickel and Stellantis entered into a binding offtake agreement for 170 ktpa of nickel sulfate and 12 ktpa of cobalt sulfate over a 5-year period (Link)

- L&F obtains a license from CAMX Power for its cathode platform (Link)

Charging Infrastructure

- Kazam raised $3.6M in a Series A round led by Avaana Climate Fund (Link)

- Circle K rolls out the first US-made ABB E-mobility Terra 184 EV charger (Link)

Edited by Mouda A.