This Week in Batteries: Northvolt, Tesla, BYD, and More

Top News

- Northvolt to build $5.2B battery factory in Quebec (Link)

- Tesla sold 435k EVs in Q3 2023 (Link)

- BYD sold 431k EVs in Q3 2023 (Link)

- Sweden: EVs take 63.4% market share (Link)

OEMs

- MG commands 80% of Chinese brands’ sales in Europe (Link)

- Ford unveils sub-$70k F-150 Lightning, range capabilities of 320-miles (Link)

- GM sales up 21.4% for Q3, sold 20,092 EVs (Link)

- Rivian deliveries up 23% from Q2 (Link)

- VinFast aims to sell up to 50k EVs in 2023, sold 23% globally so far (Link)

- NIO deliveries up 44% y/o/y, sold 15,641 EVs (Link)

- VW cancels plans to build $2B EV factory in Wolfsburg (Link)

- ZEEKR plans to enter new markets in the Middle East, starting with Israel (Link)

- Mullen delivers first 10 class 3 EV Cab Chassis Truck to Randy Marion Automotive Group (Link)

- Apocalypse Manufacturing unveils luxury, off-road, 850-HP EV truck (Link)

Cells

- Northvolt says IPO requires stability in the capital markets (Link)

- Panasonic to produce EV batteries from recycled nickel by 2028 (Link)

Stationary Storage / BESS

- NGK forms virtual power plant and large-scale partnerships in Japan (Link)

- Ameren Missouri planning 800MW battery storage additions by mid-2030s (Link)

- Black Mountain Energy Storage gets approval for 300MW/1,400MWh Wisconsin BESS project (Link)

- Giga Storage planning 300MW/1,200MWh BESS in Belgium (Link)

- Q Energy starts building 35MW/44MWh BESS in France (Link)

- CAISO registered 5.223 GW into the grid from utility-scale, grid-connected batteries (Link)

Metals, Components, EV Charging, Recycling

- Korea Zinc expands nickel production to meet US battery demand (Link)

- Electra Battery Materials improved recoveries of Ni, Co and Mn, enhancements in their hydrometallurgy process, and reductions in the usage of reagents (Link)

- Glencore may look elsewhere for recycling hub after Italy rejects fast-track approval (Link)

Capital & Policy

- UK-EU: Under the Brexit tariffs on UK-EU EVs, EVs need to have 45% of EU or British content from 2024 or face 10% EU import tariffs (Link)

- Italy considers new EV incentives to reduce Chinese EV imports (Link)

Edited by Mouda A.