Indonesia Battery News

Related Battery Industry News

• June 2023: the United States Department of Energy (DOE) announced more than USD 192 million in new funding for recycling batteries from consumer products, launching an advanced battery research and development (R&D) consortium and the continuation of the Lithium-Ion Battery Recycling Prize, which began in 2019.
• May 2023: Fortum Battery Recycling Oy and AMG Lithium GmbH entered into a preliminary agreement and signed a memorandum of understanding regarding the recycling of lithium salts and refining them into battery-grade lithium hydroxide. AMG Lithium GmbH is currently constructing a lithium hydroxide production plant in Bitterfeld, Germany, where the objective is to process the recycled lithium salts retrieved from Fortum's new hydrometallurgical recycling plant in Harjavalta, Finland.
• April 2023: Ascend Elements' new recycling plant in Covington, Georgia, is open for business and is processing used lithium-ion batteries and manufacturing scrap into useful materials for the clean energy transition.

• February 2023: Ascend Elements, a United States-based battery recycling and engineered materials company announced a basic agreement with Honda Motor Co. Ltd to collaborate on stable procurement of recycled lithium-ion battery materials for Honda electric vehicles in North America, which is expected to reduce the carbon footprint of electric vehicles.
• January 2023: United States battery manufacturer Yoshino Technology announced the development of solid-state lithium-ion batteries with outputs ranging from 330 W to 4,000 W designed for home backup, off-grid applications, and powering small industrial machinery. The system can be used in combination with solar panels. The 4,000 W power station has a peak power of 6000 W and 2,611 Wh capacity. A 600 W solar panel can fully recharge in 5.5 hours.

• May 2023: EVE Energy Co. Ltd. signed a memorandum of understanding (MoU) with Pemaju Kelang Lama Sdn. Bhd on Friday to develop a state-of-the-art manufacturing facility in Malaysia. The plant will be built in Kedah state. According to a joint statement from the Malaysian Investment Development Authority (MIDA) and EVE, it will focus on producing cylindrical lithium-ion batteries for power tools and electric two-wheelers.
• January 2023: Citaglobal Bhd collaborated with Indonesia Battery Corporation (IBC) to develop a battery manufacturing plant and battery energy storage system (BESS) in Malaysia. Citaglobal and IBC's collaboration includes designing, developing, and constructing integrated turnkey production facilities for battery cells, modules, and packs for electric vehicles (EVs).
• July 2022: Samsung SDI, Samsung Electronics' battery unit, started ground on a USD 1.3 billion factory in Malaysia to capitalize on the Southeast Asian country's robust yet affordable tech ecosystem and compete for a spot in the rising worldwide market for electric vehicle batteries. Samsung SDI stated that the factory in Seremban, a hamlet south of Malaysia's capital Kuala Lumpur, will open in 2025.

• July 2022: Sanvaru Technology announced an expansion of its Lithium-ion battery production capacity to 400 MWh per year in India which will likely help to cater to the requirement of batteries from the growing EV market of India.
• May 2022: Nexcharge, a joint venture of Indian battery manufacturer Exide and Switzerland's Leclanche SA, started production at a lithium-ion battery plant in Gujarat. The plant included an installed capacity of 1.5 GWh that could produce batteries for energy storage applications and automobiles.

• September 2022: NUR E-75, Pakistan's first locally manufactured and developed electric vehicle, claimed to have a range of 200 km with a top speed of 120 km/hr. The company DICE Foundation and private players in Pakistan were expected to start importing by the end of 2024.

• August 2022: Researchers at MIT developed a new concept for low-cost batteries, which are made entirely from abundant and inexpensive materials. The new battery architecture, which uses aluminum and sulfur as its two electrode materials and has a molten salt electrolyte in between, helps in providing low-cost backup storage for renewable energy sources.
• January 2022: BYD and FAW were planning a production facility for electric car batteries in northeastern China, with an annual capacity of 45 GWh. A joint venture between BYD and FAW, called FAW FinDreams New Energy Technology, was established with a registered capital of EUR 140 million. BYD holds 51% of the joint venture, and FAW Group owns the rest.

• In May 2022, a leading global vehicle manufacturer selected BorgWarner's battery management system (BMS) to fit its entire B-segment, C-segment, and light commercial vehicle platforms. Starting mid-2023, the new BorgWarner BMS technology is expected to optimize battery pack performance, safety, and longevity. BorgWarner's battery management system for hybrid and electric vehicles contains a master control unit connected to multiple cell management control units. It is designed to monitor the state of charge, health, and battery temperature of each battery cell and also precisely measure battery pack current and voltage.
• In March 2022, Battrixx, the manufacturer of lithium-ion battery packs for e-vehicles, fully acquired Pune-based Varos Technology Pvt. Ltd, which develops and leverages IoT tools for EV infrastructure and battery management systems. This partnership is expected to continue growing in the overall segment and create a synergy between Battrixx products and services. Varos Technology is expected to deliver its capabilities to develop end-to-end battery management systems by leveraging cloud-based artificial intelligence (AI) driven analytic tools to help predict battery life and monitor battery performance.

• May 2023: Two electric vehicle battery manufacturers announced plans to spend around EUR 10 billion on factories in Europe. Both plants are expected to start production in after two years and supply batteries to European car producers.
• May 2023: Li-Cycle Holdings Corp. and Glencore International AG announced signing a letter of intent to jointly study the feasibility of a hub facility in Italy. The Portovesme Hub would produce critical battery materials, including nickel, cobalt and lithium, from recycled battery content.

• In January 2023, Tesla announced that the company was close to signing a preliminary agreement to build a factory in Indonesia. Under the contract, the company will establish a factory designed for an annual production of one million electric cars.
• In June 2022, Korean Trade Insurance Corporation (K-Sure) approved a USD 711 million term loan facility to support the development of a battery manufacturing facility in Indonesia for electric vehicles (EVs)

• July 2023: TotalEnergies SE, an oil and gas company announced that it had acquired a portfolio of five solar projects in the Northwest part of Romania from its trusted partner PNE, a German company with a total capacity of more than 200 Megawatt, these projects will help securing the supply of local renewable electricity to meet the country’s needs.
• April 2023: Amsterdam-based Independent Power Producer Photon Energy NV announced that it had finalised three solar PV projects totalling 6 MWp near the city of Calafat, Romania, and connected the plants to the grid. The newly commissioned solar farms have enabled Photon to pass the symbolic milestone of 100 MWp and reach 103.6 MWp of combined generation capacity across its markets.