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Aug 10, 2017

BATTERY BUSINESS * China: Nissan sell unit to chinese private

* Tokyo - In $1 billion deal, Nissan it's looking for ways to rein in costs to make Leaf competitive

--- Nissan Motor Co. is selling its battery business to Chinese private equity firm GSR Capital for about $1 billion, a person with knowledge of the matter said, as the carmaker seeks ways to improve competitiveness of its Leaf electric cars while reining in costs... The deal covers Nissan’s battery subsidiary Automotive Energy Supply Corp. as well as manufacturing operations in Japan, the U.S. and U.K., Nissan said in a statement Tuesday, which didn’t disclose financial terms. Assets sold to GSR will also include part of Nissan’s Japanese battery development and engineering operations in Oppama, Atsugi and Zama...
(Photo Bloomberg - An employee prepares to install a charging plug in the socket of a Nissan Leaf electric automobile during the Geneva International Motor Show in the Swiss city in 2015)   --   Tokyo, Japan - BLOOMBERG/Japan Times - AUG 9, 2017

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Nov 26, 2016

BATTERIES Cos. BLOCKED * South Korea - To enter in chinese market

* Seoul - Chinese Government virtually blocking Korean batteries from entering chinese market

--- The Chinese government issued an industrial regulatory plan that will expand the minimum size of battery manufacturers’ facilities in China 40-fold. Korean battery companies such as LG Chem, Samsung SDI, and SK Innovation seem to be virtually unable to get approval for several years... The Korean battery industry sees the Chinese government's action as its intention to block Korean companies’ entry into the Chinese battery market. Some say that it is retaliation against the Korean government's decision to deploy the Terminal High Altitude Area Defense (THAAD) System in connection with a recent move by the Chinese government to ban the Korean Cultural Wave. Some analysts say that the Chinese government rules out foreign companies more because of a lack of subsidies for eco-friendly batteries... 
(Photo: The Chinese government will expand the minimum size of battery manufacturers’ facilities in China 40-fold, virtually blocking Korean battery companies to enter into the Chinese market)   --   Seoul, S. Korea - Korea Premier Business Portal, by Michael Herh - 24 November 2016

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Mar 18, 2016

SPECIAL BATTERIES FOR TRUCKS * USA: Oakridge Global Energy Solutions´

* Florida - New battery-powered drivetrains enable trucks with a GVWR of 80,000 lbs to travel more than 400 miles

(Video by Oakridge Global Energy - Oct 20, 2015)

 -- Florida-based li-ion battery maker Oakridge Global Energy Solutions recently confirmed a battery supply agreement with Freedom Trucking in Minnesota. In the announcement, Oakridge is making some impressive claims, especially that the battery-powered drivetrain will enable interstate trucks with a gross vehicle weight (GVWR) of 80,000 pounds to travel more than 400 miles... Battery-powered trucks not only reduce air and noise pollution, but they are also believed to be the next important step, alongside self-driving technology, in significantly reducing logistic costs associated with trucking... Freedom Trucking expects to save $0.60 per mile over traditional diesel trucks based on an analysis it ordered from the US Department of Transportation... The propulsion system was developed over a 5-year period through a partnership between Freedom Trucking, “Ohio State University scientists and others”... Freedom Trucking aims to first utilize on a daily basis the new electric drivetrain later this year to move cargo between Chicago and Minneapolis... 
FLA, USA - ELECTREK, by Fred Lambert

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Feb 27, 2016

BATTERY MANUFACTURERS * USA: Oakridge Global Energy Solutions

* Florida - A new era in Battery Manufacturing Systems to fully electric interstate trucking in the USA

-- Oakridge Global Energy Solutions, Inc. is excited to announce that it will be supplying batteries to Freedom Trucking in Minnesota... Freedom Trucking has developed a fully electric interstate truck propulsion system that will immediately enable interstate trucks with a gross vehicle weight of 80,000 pounds to travel more than 400 miles. By utilizing a proprietary logistical system, powered by specially designed Oakridge battery systems, Freedom Trucking can now begin to utilize its revolutionary fully electric interstate trucks in the interstate logistics industry to move product from Chicago to Minneapolis on a daily basis commencing in the last half of 2016... Using fully electric trucks to move this cargo will save each truck in excess of $0.60 per mile over traditional diesel fuel according to initial analysis for Freedom Trucking by the US Department of Transportation, which will completely revolutionize the economics of the interstate trucking business in the USA, by saving on fuel costs, maintenance costs, and weight... 
 (Photo: Fully electric interstate truck) -- Melbourne, FL, USA - Global Newswire (P,R,) - February 24, 2016

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Mar 16, 2015

ELECTRIC BATTERY PRODUCTIONS * USA / China / Brazil ?) - Tesla Motors & BYD, compiting in 2020 with battery 'gigafactories'

* Nevada / USA - Tesla’s $5 billion factory is scheduled to be churning out 35 GWh

-- Tesla Motors Inc. is working on the world’s biggest battery production facility east of Reno, Nevada, as part of its plan to mass-produce a half million electric cars a year by 2020. If all goes as planned it would be the world’s largest lithium ion battery facility... By 2020 from its factories the same year Tesla’s $5 billion Nevada factory is scheduled to be churning out 35 GWh... The Fremont, California-based, is working with Japan’s Panasonic Corp. to rapidly expand its battery supply. A vital component of Tesla CEO Elon Musk’s plan to produce a sub-$35,000 Telsa electric car is to install an annual capacity to make billions of small high-energy 18650 lithium ion cells. It takes thousands of these batteries, each a little larger than a standard AA, to make one of the energy storage packs that power the Model S... The so-called "Gigafactory" will make advanced batteries expected to power Tesla's next generation of electric cars, as well as have capacity to supply batteries for other carmakers and other battery users, such as utilities... (Photo from Panasonic: Small high-energy 18650 lithium ion cells) --  Carson City, NEV, USA - USA TODAY, by Chris Woodyard & The International Business Times, by Angelo Young - March 13 2015
* Shenzhen / China - A Chinese ‘Gigafactory’ in Brazil? 

-- Chinese electric bus and car manufacturer BYD says it’s planning to expand battery production, increasing output so fast that it will almost match the planned output of Tesla’s so-called “Gigafactory” by the time it’s fully operational in five years... The Shenzhen-based maker of e6 electric cars and K9 electric buses wants to more than double its battery production output this year, from 4 gigawatt hours (GWh) to 10, continuing at that pace for at least three years, according to Reuters. A GWh is a massive unit of electrical energy (equivalent to 1 billion watt hours) used to measure a battery maker’s annual production output... At that pace of expansion, BYD could have 34 GWh of capacity... BYD, which is 10-percent owned by Warren Buffett’s Berkshire Hathaway, could have 34 GWh a year by 2020 if its plans work out. BYD produces most of its batteries in China, but it’s opening a Brazilian plant this year...
(Photo from Creative Commons - A BYD K9 electric bus waits to pick up passengers in Palo Alto, California, in this 2014 file photo. The bus is used in municipal transport systems in the U.S., China and Europe. BYD is also one of the largest manufacturers of electric vehicle battery packs) -- Shenzen, China - International Business Times, by Angelo Young -March 13 2015

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Oct 16, 2012

BATTERY MAKERS * WORLDWIDE

* Massachusetts / USA - Battery maker A123 expects loan default 

Waltham,MA,USA -The Detroit News, by Karl Henkel -October 16, 2012: -- Electric-vehicle battery maker A123 Systems Inc. said in a regulatory filing Monday that it is running out of cash and expects to default on a loan payment today... In a filing with the U.S. Securities and Exchange Commission, A123 acknowledged that it may not have enough cash to fund operations and may need to seek bankruptcy protection... A123 said it did not expect to pay an interest payment Monday on $143.8 million of notes that expire in 2016, nor will it make a payment on $2.76 million in outstanding 6 percent notes... A123 has faced a series of problems, including layoffs and the recall of some batteries for safety concerns...

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Aug 15, 2012

BATTERY MAKERS * USA

* DC - Senators question A123 stimulus need. Chinese firm courts U.S. battery maker  
Washington,DC,USA -The Detroit News, by David Shepardson -August 15, 2012: -- Two Republican senators have raised questions about whether the Energy Department should release $120 million in stimulus funding to a struggling battery maker that may be acquired by a Chinese company... U.S. Sens. John Thune, R-S.D., and Chuck Grassley, R-Iowa, asked Energy Secretary, Steven Chu, about a recent financing deal for A123 Systems Inc... Last week, Massachusetts-based A123, which employs nearly 800 in Michigan, said it reached a deal with a Chinese auto parts company for an investment of up to $450 million that could keep the company in business. The deal with Wanxiang Group Corp. will allow the Chinese firm to acquire an 80 percent stake in A123... The Energy Department pointed to a White House statement last week that said no funds would be approved for projects outside the USA...

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Aug 11, 2012

BATTERY MAKERS * USA

* Michigan - GM may have electric car breakthrough

Detroit,MICH,USA -AP, by TOM KRISHER -Aug 9, 2012: -- A small battery company backed by General Motors is working on breakthrough technology that could power an electric car 100 or even 200 miles on a single charge in the next two-to-four years, GM's CEO said Thursday... Speaking at an employee meeting, CEO Dan Akerson said the company, Newark, Calif.-based Envia Systems, has made a huge breakthrough in the amount of energy a lithium-ion battery can hold. GM is sure that the battery will be able to take a car 100 miles within a couple of years, he said. It could be double that with some luck, he said... Akerson said the company is looking at hybrids, all-electric cars, hydrogen fuel cell vehicles and natural gas vehicles, as well as developing more efficient petroleum-powered engines...

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Jul 21, 2012

VEHICLES' BATTERY MAKERS * WORLDWIDE

* Massachusetts / USA - A123 announces new, more economical battery pack for buses

(Photo: A Fisker Karma plug-in hybrid electric vehicle -PHEV- powered by an advanced lithium ion battery system from A123) 
Waltham,MA,USA -The Detroit News, by Melissa Burden -July 19, 2012: -- A123 Systems Inc. said Thursday it will supply a new type of lithium-ion battery packs to BAE Systems to power city transit buses across the globe... The battery packs are based on A123 Systems' prismatic cells and will be used in BAE's HybriDrive Series propulsion system. The new battery packs, which are more compact and economical, are expected to be used on city transit buses and in other commercial applications... A123 Systems has manufactured battery packs for BAE that power nearly 3,000 buses globally in a partnership that dates back more than five years...

* Massachusetts / USA - A123 stock surges on China grid-stabilization contract 
Waltham,MASS,USA -Bloomberg News/The Detroit News, by Christopher Martin -July 20, 2012: -- A123 Systems Inc., a U.S. maker of lithium-ion batteries for electric cars, surged the most in more than a month after winning a contract to supply a 2-megawatt system to China's Ray Power Systems Co. to help regulate power- grid frequency... The batteries will store electricity until needed to help stabilize China's electric grid and allow for the integration of fluctuating renewable-energy resources such as wind and solar power plants, Ray Power Systems said Friday in a statement released by A123...

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Jun 6, 2012

BATTERY MAKERS * USA

* Massachusetts - A123 Systems to hire 400 workers 

Waltham,MASS,USA -The Detroit News, by Karl Henkel -June 6, 2012: -- Battery maker A123 Systems Inc. said Tuesday it plans to hire as many as 400 workers in coming months for its manufacturing plants in Livonia and Romulus — a move that an analyst said is tied to fulfilling promises made for state and federal subsidies... The lithium-ion battery manufacturer said the additional employees are needed to "ramp up production and satisfy demand" for its power-grid and commercial transportation businesses, a company spokesman said...

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Mar 5, 2012

BATTERIES MAKERS * USA -

* Massachusetts - A123 Systems Rises After Tata Battery Agreement


Waltham,MASS,USA -Bloomberg, by Mark Clothier -Mar 1, 2012: -- A123 Systems Inc. rose after the maker of batteries for electric cars and trucks said it will supply packs for Tata Motors Ltd.’s commercial vehicles... Tata, India’s largest automaker, will use the lithium-ion battery packs on hybrid diesel-electric city transit buses in the second half of the year...   A123 supplies batteries for automakers such as Fisker Automotive Inc., General Motors Co. (GM) and Daimler AG...  Fisker, A123’s largest customer, said Feb. 6 that it stopped working on its Wilmington, Delaware, plant after the U.S. Energy Department blocked access to a federal loan, citing unmet milestones... Fisker said Feb. 28 it hired Tom LaSorda, a past president of the predecessor of Chrysler Group LLC, as chief executive officer...

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Jan 8, 2012

BATTERY MAKERS / Electric Trucks * USA

* A123 systems to supply batteries to Via Motors

Watertown,MA,USA -MarketWatch, by John Kell -5 Jan 2012:  --  A123 Systems Inc. said it will supply lithium-ion battery packs to electric-vehicle maker Via Motors, aiming to meet rising demand from commercial and government users that can benefit from electrified fleets...  Via, a privately held electric truck maker, has said it hopes to ramp up production to 20,000 units annually in the next few years. Though A123 concedes that target is probably a bit aggressive, it sees Via production of "several thousand" vehicles by the 2013-2014 time frame... The company has 22 transportation programs under signed contracts, including commercial deals with General Motors Co., BMW AG and Chinese auto maker SAIC Motor Corp...

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posted by Unknown @ 7:33 AM  0 comments

Nov 16, 2011

CAR BATTERY MAKERS * Japan

* Sumitomo Electric May Expand Sodium Battery Sales to Carmakers

Chuo-ku,Osaka,Japan -Bloomberg, by Masatsugu Horie -Nov. 13, 2011: -- Sumitomo Electric Industries Ltd. plans to sell a sodium-ion battery it is developing to makers of electric and hybrid passenger cars, expanding beyond the original target of commercial-vehicle fleet operators...  Sumitomo, which supplies electrical wiring to Toyota Motor Corp. and Volkswagen AG, said in March it developed a cheaper alternative to lithium-ion batteries that uses liquefied salt as an electrolyte. It aims to begin production of the batteries in 2015 and targets revenue of more than 1 trillion yen ($13 billion), Chief Executive Officer Masayoshi Matsumoto, said at the time...  Sumitomo Electric said its new battery can be made cheaper and safer compared with lithium-ion batteries because liquefied salt costs less and is noncombustible. It had previously said the product may be applied only to buses or trucks because commercial vehicles usually travel on specified routes, allowing for regular checks to ensure the battery’s temperature remains at a level that prevents the electrolyte from solidifying, according to spokesman Masatoshi Nakata...

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