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Ford may shift from SK On to LG to build 45 GWh battery plant in Turkey

Ford battery plant

Ford Motor Company will reportedly partner with LG Energy Solution to erect a new battery plant in Turkey capable of an annual capacity up to 45 gigawatt-hours (GWh). In order to work with LG, Ford will have to back out of a previous deal with SK On, the battery division of SK Innovation and a current partner on several other projects.

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CATL continues reign as the world’s largest EV battery manufacturer for a fifth straight year

EV battery market

New data from a South Korean research firm shows that EV battery manufacturer CATL is once against the largest in the world by installed battery capacity. The company saw growth over 165% compared to 2020 and holds the title of world’s largest battery manufacturer for the fifth year in a row.

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SK Innovation and Solid Power partner to produce automotive-scale solid-state batteries

SK innovation solid-state batteries

Battery manufacturer SK Innovation announced a memorandum of understanding and agreement to jointly develop and manufacture solid-state batteries for EVs using Solid Power’s proprietary electrolyte technology. The goal of the partnership is to validate Solid Power’s all-solid-state battery and electrolyte production processes and work together to further develop the technology.

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Hyundai taps CATL and SK Innovation to supply more batteries for E-GMP

Hyundai CATL SK Innovation

Hyundai Motor Group just announced it has chosen both SK Innovation and CATL as battery suppliers for its E-GMP. The Asian battery manufacturers will provide the third batch of lithium-ion battery cells for Hyundai’s electric vehicles launching after 2023. Both CATL and SK Innovation are familiar with the process, as they have previously delivered to Hyundai’s E-GMP production in the past.

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How the US plans to capture the EV battery market

Electric vehicle sales seem to be growing by the minute in the US. Although they still only have a tiny corner of the auto market cornered, astronomical valuations of industry leaders like Tesla offer a glimpse at the potential of a virtually nascent market. In order to bring costs down even further to entice consumers, the US has plans to amplify battery production on its home soil over the next decade. With global competitors miles ahead, does the US have the technology, or more importantly the resources, to gain ground in the EV battery market?

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Pandemic threatens EV battery supply, giving power to South Korean battery-makers

The Korea Herald reports that pre-pandemic shortages of battery supply, which caused delays for European automakers, have been made worse by the global crisis. The situation became urgent enough for the Polish government to waive travel restrictions, allowing 200 LG Chem technicians to resume expansion of its battery gigafactory in Wroclaw.


VW is reportedly going to build its own battery cell gigafactory

VW battery factory

Volkswagen is currently trying to figure out a way to secure large quantities of battery cells to support its critical electric vehicle ambitions.

After previously ruling out manufacturing its own battery cell, the German automaker is now reportedly going to build its own battery cell gigafactory (a battery factory with an output in the GWh) in partnership with SK Innovation. Expand

SK Innovation is doubling its battery production for electric vehicles to 4GWh/year to support demand from Mercedes and others

Korea-based SK Innovation announced today that it will expand its battery production capacity for electric vehicles. The company’s battery division manufactures the battery cells for the Kia Soul EV, some electric vehicles made in China, and it won a contract to supply batteries for Mercedes’ vehicles last year.

Encouraged by a strong backlog that the company claims will last 5 years, they announced two new production lines to increase their capacity to almost 4 GWh per year by the end of 2018. Expand

Tesla looks to LG, Samsung and SK to diversify its battery cell supply for the Model 3

Tesla battery cells

tesla battery cells

Tesla often said that the Model 3’s $35,000 price tag was dependent on the company achieving its battery cost reduction goals at the Gigafactory. Recently, Tesla officials said that the Gigafactory should no longer be seen as a constraint in the Model 3 supply chain and that the company is confident in its capacity to start producing battery cells.

The factory was first presented as having a full annual output capacity of 35 GWh of battery cells and 50 GWh of battery packs – with the difference in cells being imported from other manufacturers, like Tesla’s Gigafactory partner Panasonic, but also other possible cells suppliers.

Now it looks like Tesla is looking to South Korea to diversify its battery cell supply chain for the Model 3. Expand