ACN Newswire

Gotion and InoBat sign MoU to develop Joint Venture EV Battery Cells and Packs

indie
2 minutes

HONG KONG, Feb 8, 2023 - (ACN Newswire via SEAPRWire.com) - On February 5, Gotion High-Tech, the innovative manufacturer of batteries and energy storage solutions in China, signed a Memorandum of Understanding (MoU) with InoBat, the European pioneering supplier of premium batteries for electric vehicles, to explore Joint Venture opportunities in revolutionizing EV battery and energy storage technologies, including co-development of a gigafactory with cell and pack production capacity of 40 GWh.With technical superiority, complementary capabilities and a shared sustainability ethos, Gotion and InoBat will look at ways to work together on several key common topics of interest, such as: -- co-development of a JV gigafactory with cell and pack production capacity of 40 GWh to support EV applications, with the CEE region being one of the regions under consideration-- technical cooperation based on both sides' respective advantages of LFP and NMC batteries-- co-develop the potential for ESS battery production at existing InoBat premises in Slovakia allowing fast access to the European market -- technology and commercial partnership in facility operations-- investigation of recycling conc...

JCN Newswire
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Toyota: Construction and Launch of a Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid

ruth
3 minutes

Toyota City, Japan, Oct 27, 2022 - (JCN Newswire via SEAPRWire.com) - JERA Co., Inc. (JERA) and Toyota Motor Corporation (Toyota) announce the construction and launch of the world's first (as of writing, according to Toyota's investigations) large-capacity Sweep Energy Storage System. The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, FCEV) and is connected to the consumer electrical power grid. It begins operation today.In the future, demand for storage batteries is expected to grow as they become necessary supply-stabilizing tools when expanding renewable energy in the movement toward CO2 emissions reduction, a vital part of achieving carbon neutrality. At the same time, limited supplies of battery materials including cobalt and lithium, mean there is an ongoing need for environmentally conscious initiatives, such as reclaiming used electrified vehicle batteries for effective use as storage batteries. In response, JERA and Toyota began discussions in 2018 to establish battery reuse technologies, which eventually led to this large-capacity, grid-connected Sweep Energy Storage System.Toyota's new storage system is equipped with a function call...

JCN Newswire
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Toyota: Yamato Transport and CJPT to Begin Studying Standardization and Commercialization of Cartridge Batteries

ruth
3 minutes

TOKYO, Jul 27, 2022 - (JCN Newswire via SEAPRWire.com) - Yamato Transport Co., Ltd. (Yamato Transport) and Commercial Japan Partnership Technologies Corporation (CJPT) have announced today that they will begin studying the standardization and commercialization of replaceable and rechargeable cartridge batteries as part of energy management efforts for achieving a carbon neutral society.Cartridge battery useThe introduction of commercial battery electric vehicles (BEVs) poses several challenges, including recharging times that are longer than refueling times for conventional gasoline and diesel vehicles, as well as increased logistics downtime (when vehicles and cargo are at a standstill) due to numerous vehicles recharging at or around the same time. The introduction of commercial BEVs is also expected to impose an increasing burden on society as a whole, such as by increasing peak electricity demand at business sites due to concentrated recharging by numerous non-operating vehicles.To solve these issues, Yamato Transport and CJPT will begin studying the practical application of detachable and portable cartridge batteries based on their following merits.1. Able to reduce the cost o...

SeaPRwire

Tesla shifting to cheaper batteries tried in China as material prices soar

elean
3 minutes

DETROIT (BLOOMBERG) - Tesla said it's shifting to cheaper lithium-iron-phosphate (LFP) batteries globally, a move away from the chemistry used to power most electric cars as prices for key materials soar. The switch to LFP batteries will apply to Tesla's standard-range vehicles, the company said in its third-quarter earnings release, confirming a strategy flagged last year to use the budget components to deliver lower-cost models. Most of the auto industry relies on nickel and cobalt in lithium-ion batteries to boost electric car performance. Yet supplies of both materials are constrained, and ethical issues have long dogged cobalt mines in the Democratic Republic of the Congo, the top supplier. Nickel, which helps provide power and range, is also prone to fire, a risk the industry is spending billions to control. Higher prices of nickel are currently having an impact on battery cells, according to Tesla's chief financial officer Zach Kirkhorn. "Some of those costs have been flowing through to us," he said on an earnings call. "It's not a substantial amount of cost, but it's not small." Tesla has been using LFP batteries in China supplied by Contemporary Amperex Technology (CATL), ...

SeaPRwire

PMD fires often the result of battery short circuits: Experts

aseanpr
3 minutes

SINGAPORE - Personal mobility devices (PMDs) that catch fire usually do so because of batteries that have short-circuited, said experts The Sunday Times spoke to. Associate Professor Palani Balaya from the department of mechanical engineering at the National University of Singapore (NUS) told ST that using batteries from an unreliable source, overcharging PMDs, or using an incompatible charger are some reasons why lithium-ion batteries in PMDs can short-circuit. Another issue is when PMDs do not meet safety standards, said experts. There have been a significant number of fires related to non-compliant PMDs which do not have the compulsory UL2272 certificate. In 2019, there were 102 fires caused by non-compliant PMDs - almost double the 52 in 2018. Last year, Mr Lam Pin Min, then Senior Minister of State for Transport, said it was worrying some people had started using non-compliant PMDs during the circuit breaker. The Government banned electric scooters from footpaths in November 2019, following a spate of accidents related to PMDs. Since the ban, the e-scooter population here has shrunk significantly, from a peak of about 100,000 in November 2019, to just 8,500 in March this year....

SeaPRwire

2 Korean battery makers settle dispute that threatened Biden’s green agenda

elean
4 minutes

WASHINGTON (NYTIMES) Two South Korean manufacturers of electric vehicle batteries that are building plants in the United States said Sunday that they had reached a US$1.8 billion settlement in a trade secrets dispute that threatened the domestic battery supply and, with it, the Biden administration's green agenda. The announcement came on the day of a deadline set by the United States' trade representative to decide whether to veto an International Trade Commission ruling in the intellectual property case between LG Energy Solution and SK Innovation. The commission's ruling in favour of LG had threatened SK with a ban on supplying batteries in the country and put its facility under construction in Georgia at risk. The plant, which is still under construction, will supply batteries for electric vehicles for Ford and Volkswagen, and with the settlement agreement, SK is now also free to seek business from other companies. The dispute had threatened the domestic supply of batteries for electric vehicles. The settlement prevents delays in the development of American electric vehicles and supplies. Georgia's politicians, both Democrats and Republicans, had been pressuring President Joe B...

JCN Newswire
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Honda: Agreement Reached to Standardize Swappable Batteries for Electric Motorcycles

ruth
3 minutes

TOKYO, Mar 29, 2021 - (JCN Newswire via SEAPRWire.com) - The Swappable Battery Consortium for Electric Motorcycles (Consortium) has reached an agreement to standardize swappable batteries and replacement systems, allowing battery sharing and paving the way for increased adoption of electric motorcycles in Japan.The Consortium was established by Honda Motor Co., Ltd., Kawasaki Heavy Industries, Ltd., Suzuki Motor Corporation and Yamaha Motor Co., Ltd. in April 2019, aimed at increasing the adoption of electric motorcycles in Japan. Since its inception, the Consortium has been formulating the standards for mutual-use swappable batteries and their replacement systems, as a solution to the issues preventing widespread adoption of electric motorcycles as a more environmentally friendly and convenient form of mobility - the drive range and reduction of charging time. In order to establish the convenience and effectiveness of mutual-use swappable batteries, the Consortium has been cooperating since last year with the "e-Yan OSAKA" field tests conducted by the Japan Automobile Manufacturers Association's Electric Motorcycle Promotion Subcommittee in collaboration with Osaka Prefecture and ...