Dear battery enthusiast,
Welcome to Battery Associates’ August Newsletter. We have summarised some of the month’s most relevant battery news, highlighting technology and research development, and updates from Battery Associates.
Battery Newsletter structure:
Battery Industry Highlights
B.A Editorial
Company members news
Battery Insiders Podcast
Battery Associates’ Events & Updates
Battery Industry Highlights
In this section, we have summarised relevant battery news from the past month.
On August 28, Samsung SDI and General Motors finalised an agreement to build a USD 3.5 billion electric vehicle (EV) battery plant in New Carlisle, Indiana. The plant, aimed at supporting GM's EV expansion, will have an initial annual capacity of 27 GWh, expandable to 36 GWh. It is expected to create over 1,600 jobs and begin mass production in 2027. The joint venture will produce high-performance nickel-rich prismatic batteries, enhancing safety and driving range. This partnership strengthens both companies' positions in the rapidly growing North American EV market.
B.A Commentary: GM has established a joint venture with LG Energy Solution called Ultium Cells, which announced plans for three facilities in the U.S., in Ohio, Tennessee, and Michigan. However, in June 2024, Ultium Cells revealed that it is halting the construction of its Michigan battery manufacturing plant due to a global EV sales slump. Despite this, GM is proceeding with the battery manufacturing plant with Samsung SDI in Indiana. The new Indiana factory is expected to contribute 15% to 20% of GM’s planned battery capacity in the U.S.
On August 27, The Canadian prime minister announced that Canada would impose a 100% tariff on China-made electric vehicles (EVs) and a 25% duty on Chinese steel and aluminium. This follows similar actions by the US and EU, accusing China of unfairly subsidising its EV industry. The tariffs on EVs will begin on October 1, with those on steel and aluminium starting on October 15.
B.A Commentary: In May 2024, the Biden administration announced a 100% tariff on Chinese electric vehicles (EVs). Later, in July 2024, the EU introduced provisional import tariffs on Chinese EVs due to concerns over unfair trade practices. Following this trend, in August 2024, Canada also imposed a 100% tariff on Chinese EVs to protect its local automotive and battery industries. Notably, Canada had attracted significant investment from American and European automotive and battery industries.
China's BTR Group to invest USD 366 million for a 40,000-ton anode manufacturing facility in Morocco
On August 15, China's BTR Group announced a USD 366 million investment in Morocco to establish an anode material manufacturing plant. The facility will have an annual production capacity of 40,000 tons of battery anode materials. It is expected to generate over 1,000 local jobs and support Morocco's green energy initiatives by serving the electric vehicle and renewable energy sectors.
B.A Commentary: Chinese battery material manufacturer BTR Group has announced an investment into its Moroccan plant as part of its global expansion strategy. Various countries, including the U.S., Canada, and the European Union, are imposing import taxes on Chinese battery materials. In response, Chinese companies are establishing manufacturing facilities in countries with free trade agreements with these regions. This strategic investment allows them to access the North American and European markets without facing import tariffs.
Ganfeng Lithium Group made an initial investment of USD 500 million to establish a 5GWh Lithium-ion battery manufacturing facility in Türkiye through a joint venture with Yiğit Akü, a major Turkish lead-acid battery manufacturer. The new facility will produce various lithium ion cells (100Ah, 280Ah, 314Ah) for Turkish and international ESS markets. Spanning 132,200 square meters, it will include R&D, training, and testing centers, along with warehouses and offices.
B.A Commentary: There is a growing trend of Chinese companies establishing manufacturing facilities in countries that have free trade agreements with the North American and European markets. The primary motivations for this strategy are twofold: first, to circumvent import tariffs and second, to access larger markets for their products. Due to overcapacity in Chine and intense competition, many battery manufacturers are selling their products at cost or with minimal profit margins. Therefore, overseas markets offer Chinese companies an opportunity to sell their batteries at higher margins.
On July 31, Uber and BYD launched a multi-year partnership to introduce 100,000 new BYD EVs to the Uber platform. Starting in Europe and Latin America, the initiative will eventually expand to the Middle East, Canada, Australia, and New Zealand. The partnership aims to provide Uber drivers with competitive pricing and financing options, making EV ownership more affordable and accelerating the global adoption of EVs on the Uber platform.
B.A Commentary: In a strategic move to enhance its decarbonization efforts, Uber has announced a partnership with Chinese EV manufacturer BYD, aiming to reduce the carbon footprint of its global fleet. This collaboration will offer various support measures for drivers transitioning to electric vehicles, including potential discounts on charging, vehicle maintenance, insurance, and tailored financing and lease options. Additionally, Uber and BYD will work together on developing future autonomous-capable vehicles to be deployed on the Uber platform.
B.A Exclusive Summary
Tariffs on Chinese EVs lead to Global Trade Tensions
Recent months have seen a sharp rise in global trade tensions, with bold actions against Chinese electric vehicles (EVs). In May 2024, the Biden administration imposed a 100% tariff on Chinese EVs to protect the Battery industry in the US. In July, the European Union followed, with provisional import tariffs, addressing concerns about the Chinese market dominance. In August, Canada also announced its own 100% tariff, aiming to shield its automotive and battery sectors and strengthen its position in the global supply chain.
Despite these actions, Chinese companies are intensifying their overseas expansion plans. Major EV and battery manufacturers, and battery materials companies in China are increasing their investments in countries favorable to Chinese businesses and those with free trade agreements with the U.S., Canadian, and European markets. Significant Chinese investments have flowed into Mexico, where many Chinese companies are establishing manufacturing plants to access the U.S. and Canadian markets. In Europe, Chinese companies have made substantial investments in Hungary and Slovakia, which are open to Chinese investment.
Despite the slowdown in the EV market and rising tariffs, Chinese companies are expanding internationally, primarily to boost their revenue and profit margins. In China, due to overcapacity and intense competition, many battery manufacturers are selling their products at cost or with minimal profit margins. Overseas markets offer these companies the opportunity to sell their batteries at higher margins.
Company Member News
FusionATG News
Rory Francis Comiskey will be the Chairperson for GIGAFACTORY at The Future of Battery Manufacturing 4-5 December in Berlin
Thermo Fisher Scientific News
Join our company member, Thermo Fisher Scientific, for an exclusive webinar series, “Building Better Batteries”, exploring the intricate process of battery development, from materials research through to cell manufacturing. Covering essential topics, such as the quality and longevity of batteries, techniques for diagnosing battery issues, understanding root-cause failure and implementing preventive strategies, this series will provide the knowledge to enhance battery performance and reliability. Stay ahead of the curve and register now! |
Engineering Industries eXcellence News
Upcoming Webinar: Empowering End-to-End Battery Traceability with SAP
Date: Sep 19th, 4 PM CET
Latest White Paper: The EU Battery Passport: Everything You Need to Know
Battery Insiders Podcast
Battery Associates runs a monthly podcast called Battery Insiders, which covers the role of batteries for sustainable development and battery-relevant topics featuring a range of battery experts and enthusiasts. Our podcast also includes the recordings of the Battery Revolution Clubhouse sessions co-hosted live by Simon Engelke and Mariam Awara. Battery Insiders is hosted by Bhavya Jha and Dr. Simon Engelke.
Talk on: Sam Cooper on AI and Big Data in Battery Research
Speaker: Dr Sam Cooper, Senior Lecturer at Imperial College London and Chief Scientist at Polaron
Session Summary:In this episode, Our guest speaker Dr Sam Cooper, Senior lecturer at Imperial College London and chief scientist at Polaron. Cooper shares insights into the challenges of conducting big data battery research due to limited industry data access and the recent improvements in data sharing. He explores the impact of AI on battery development, emphasising its role in optimising processes without changing battery chemistry. Cooper discusses ethical issues in battery material sourcing and the complexities of battery manufacturing. He also introduces Polaron, a startup focused on applying machine learning across various industries, and highlights the benefits of industry collaboration and the potential for impactful research through startup ventures. Tune in for an in-depth discussion on the future of battery technology and strategic advice for researchers and industry professionals. Click on the image below to listen to the full conversation.
Talk on: Michael Liebreich on the Evolution of Clean Energy and Green Finance
Speaker: Michael Liebreich, CEO of Liebreich Associates and Co-Founder of Bloomberg New Energy Finance (BNEF)
Session Summary:In this episode, our guest speaker Michael Liebreich, CEO of Liebreich Associates and co-founder of Bloomberg New Energy Finance (BNEF), delves into his extensive background in the clean energy sector. He reflects on the challenges and growth of clean energy finance since he started BNEF in 2004, highlighting the shift from niche markets to mainstream adoption. Liebreich discusses the significant role of technological advancements such as big data and machine learning in transforming the industry and emphasizes the need for both traditional and green financing. Liebreich provides career advice for individuals interested in the clean tech revolution, stressing the importance of aligning skills with industry needs and the potential for growth and fulfilment in this sector. Tune in for an insightful conversation on the evolution of the clean energy market, the future of hydrogen, and strategic guidance for aspiring cleantech professionals. Click on the image below to listen to the full conversation.
Talk on: Unlocking Zimbabwe’s Lithium Potential: A Conversation with Eric from the Lithium Association
Speaker: Eric Nhodza from the Lithium Association of Zimbabwe
Session Summary: In this episode, Our guest speaker Eric from the Lithium Association of Zimbabwe discusses Zimbabwe's strategy to maximize the benefits of its substantial lithium reserves. Zimbabwe aims to ensure that its lithium resources directly benefit the local economy by mandating that all stages of lithium production, from mining to battery-grade processing, occur within the country. The government has implemented policies to support this, including an export ban on unprocessed lithium and various incentives for investors to establish local processing plants. Despite challenges with the market being dominated by traders and speculators, Zimbabwe offers significant opportunities for direct investment and collaboration in the lithium industry. Eric encourages investors to visit Zimbabwe to explore these opportunities and engage with local stakeholders. Click on the image below to listen to the full conversation.
Talk on: Deep dive into battery supply chain with Henry Sanderson
Speaker: Henry Sanderson, Executive Editor at Benchmark Mineral Intelligence and Author of ‘Volt Rush’
Session Summary: In this episode, Our guest speaker Henry Sanderson, Executive Editor at Benchmark Mineral Intelligence and author of "Volt Rush," delves into his book which examines the critical role of raw materials in the clean energy transition and China's control over these supply chains. Sanderson highlights the energy-intensive nature of mining and processing materials like lithium and graphite, mostly dominated by China, leading to hidden emissions and the need for cleaner supply chains. He discusses the geopolitical implications of the energy transition, focusing on the West's efforts to reduce dependence on China through challenging supply chain dependencies and significant investments. The podcast also explores the specific roles of lithium, graphite, cobalt, and nickel in battery production, China's strategic investments, and dominance in these areas, particularly in cobalt mining in the Democratic Republic of Congo and nickel processing in Indonesia. Additionally, Sanderson addresses future trends and technological developments, including sodium-ion and lithium-metal batteries, the impact of price volatility on these innovations, and the move toward vertical integration within the battery and automotive industries. Tune in for an insightful discussion on the complexities and future of the clean energy supply chain. Click on the image below to listen to the full conversation.
Battery Associates Updates & Events
Mining Submit 2024
26 - 27 September 2024
In-Person | London
The Financial Times’ Mining Summit has established itself as the pre-eminent gathering of C-suite miners, investors and policymakers. Over 300 decision-makers will discuss the emerging opportunities and risks in the industry to help you strategise for a volatile year ahead. Hear from 65+ expert speakers, including CEOs of Anglo American, Rio Tinto, Vale and Ma’aden, the Minister of Minerals of the United Republic of Tanzania, the CFO of BHP, plus many more. Learn how your business can remain competitive at a time of geopolitical tensions, pricing volatility and rising environmental concerns.
Register here with code BATTERY to save 20% off your in-person or digital pass!
The Battery Show India 2024
3 - 5 October 2024
In-Person | Greater Noida
Don't miss out on this unparalleled opportunity to source the latest technology and expand your network. Stay ahead of the curve by tapping into the latest tech trends and expanding your network in the dynamic Indian battery sector. Network with over 250 exhibitors and more than 300 brands. Interact with more than 15,000 trade visitors and potential clients. The Battery Show India will take place on 03-05 October 2024 at the India Expo Centre in Greater Noida. Register now!
The Battery Show North America 2024
7 - 10 October 2024
In-Person | Detroit
Join North America’s largest advanced battery event, The Battery Show and Electric & Hybrid Vehicle Technology Expo, on October 7-10, 2024 at Huntington Place in downtown Detroit. Explore the latest technology, products, and solutions from over 1,150 suppliers catering to automotive, stationary, medical, aerospace, commercial, and industrial applications.
Enhance your education during the show by attending the pre-show workshops, an industry leading conference and free-to-attend sessions in the Battery Tech Theatre and Open Tech Forum on the expo floor! Network with over 19,000 professionals in the advanced battery and hybrid/electric vehicle community. Get your pass today.
Li-Ion Battery Europe 2024
8 - 10 October 2024
In-Person | Brussels
LiBE 2024, a leading global platform that unites the full Li-ion Battery value chain, gathering 800+ leading Battery enthusiasts, Investors, Project Developers, Financiers, Technology suppliers and other stakeholders in the field of Li-ion batteries to discuss the latest advancements, share insights, and exchange ideas on how to improve the performance, reliability, and safety of Li-ion batteries. LIBE 2024 operates at the forefront, integrating stakeholders across the entire battery value chain. Anchoring this event, we take pride in bridging the gaps between 1,500+ investors, manufacturers, raw material suppliers, component suppliers, project developers, EV and other stakeholders from across the globe. Register here using code CSR24LiBEto get 10% off!
Future Battery Forum 2024
5 - 6 November 2024
In-Person | Berlin
Battery Associates is excited to partner with Future Battery Forum on 05-06th November in Berlin, which aims to bring together decision-makers from the entire value system of battery technologies: users, battery system & cell manufacturers, and their suppliers.
We are delighted to connect with fellow industry leaders and enthusiasts and engage in stimulating discussions at our company booth. Furthermore, Dr. Simon Engelke, Founder & Chair of Battery Associates will participate as a moderator.
Future Battery Forum will also be hosting the 2nd Women in Battery meetup during the first day of the event, which promises to be an insightful and enjoyable gathering, where women in the battery space will come together to share their experiences, network, and support each other.
Register here with code ‘FBF24BATTERYASSOCIATES’ and get a 20% discount on your ticket!
BatteryMBA September Cohort
BatteryMBA’s next cohort starts on 9th September, which will offer a combination of in-depth technical and business knowledge on a range of battery topics aligned with the sector's dynamic growth. BatteryMBA alumni have affiliations with Tesla, Farasis Energy, JLR, Airbus, Hitachi High-Tech Europe, Schlumberger, Bertrandt Group, AMTE Power, the University of Birmingham, the European Parliament, and many others.
The course consists of an exciting battery case study track (with case studies from leading business schools). If you have any queries, reach out to us via email at info@battery.mba. Need-based scholarships and group discounts are available.
Battery Day 2024
We are excited to announce Thermo Fisher Scientific, Creonia Cells, Engineering Industries eXcellence, ACCURE Battery Intelligence and FusionATG as our sponsors and Shanghai Metals Market as a Knowledge Partner for Battery Day 2024!
This free online event will take place on Thursday, September 26, 2024, featuring panels, deep dive sessions, keynotes, and networking breaks to facilitate up-to-date knowledge of different battery technologies, future chemistries, applications, and market insights from leading battery experts. Let us know if you are interested in sponsoring, speaking at our event, or if you want to be involved in other ways, please contact info@battery.associates. |
Battery Associates services
Battery Associates offers consultancy, innovation, and education services on a wide range of topics. Please get in touch if you're interested in any of our services!
About Battery Associates
Battery Associates (B.A) is a community-driven company on a mission to accelerate sustainable battery innovation - join us!
B.A operates as a global network that unites battery experts (BatteryPRO), a platform for innovative projects (BatteryLAB), and a facilitator of training programmes for aspiring battery leaders (BatteryEDU). B.A's educational programmes notably includes BatteryMBA, a 12-week programme training aspiring battery leaders.
We are rapidly becoming a reference community for battery enthusiasts who want to tackle pressing environmental and energy-related challenges. Battery Associates currently unites battery experts working across the battery value supply chain, based in over 20 countries. We're growing, join us in our work!
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