This Week in Batteries: VW, CATL, the Biden Administration, and More
? ?? This Week In Batteries (TWIB) ?? ?
Top News
- Volkswagen announced its 1st North American EV Battery Plant sited in Ontario (Link)
- CATL's plan to raise $5 billion in Switzerland is delayed as Beijing regulators raise concerns (Link)
- Biden Administration’s $2.5B program to build EV charging in communities & neighborhoods nationwide opens applications for first round applicants (Link)
OEMs
- Tesla and BYD Co Ltd denied a media report that said the U.S. company was ending cooperation with BYD on battery supplies (Link)
- Aptera Motors has been approved for a $21 million grant from the California Energy Commission (CEC) to add critical capacity to accelerate manufacturing (Link)
Metals & Processed Chemicals
-? Japan & Canada in talks over collaboration in battery metals supply chain; "Canada has an abundance of battery metals and good market access to the United States," Nishimura said. (Link)
- David Turk (DOE) The US minerals industry is booming due to efforts to reduce reliance on foreign imports and a push for sustainable energy sources. Advancements in mining technology have also played a crucial role in this growth. (Link)
- Electra Battery Materials produces lithium from battery recycling trial, which leads to significantly improving project economics (Link)
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Cell & Pack Manufacturing
- Vertical Aerospace opens the Vertical Energy Centre, the UK’s most advanced aerospace battery facility; the Vertical Energy Centre (VEC) will support the design, test, manufacture and commercialization of Vertical’s custom-made battery pack for its VX4 aircraft (Link)
Recycling
- Ascend Elements to supply up to 5k metric tons of recycled lithium carbonate annually to Koura, Orbia’s fluorinated solutions business (Link)
Policy
- Sen. Marco Rubio introduced legislation that would block tax credits for EV batteries produced using Chinese technology (Link)
- President Xi Jinping said he was “both pleased and concerned” about CATL’s EV battery dominance (Link)
Miscellaneous
- How do Europe’s energy storage incentives compare to the USA’s IRA? (Link)
Edited by Mouda A.