FAW Jiefang steps up development of New Energy Commercial Vehicles (NECVs).

New facility to supply battery packs for Tata Daewoo Mobility.

For more conventional applications, such as electric vehicles, Microvast says that its solid-state technology could bring greater stability and therefore better performance than any cell currently on the market.

Moreover, the group has signed a memorandum of understanding with the Canadian firm, agreeing to offtake 100,000 tonnes of spodumene concentrate per year over a ten-year term.

Designed for both passenger and LCVs, the BCS enables 800-volt vehicles to charge using 400-volt chargers, thereby expanding the network of accessible charging stations for EV owners.

The vehicle in question is an articulated ‘Urbino 18’ battery electric bus, one of fifty ordered in 2023 by Berliner Verkehrsbetriebe, the state-owned company which manages public transportation in the German capital.

Anaphite’s dry-coating technology for EV battery electrodes aims to reduce manufacturing costs (by up to 40%) and energy consumption (by 30%), by making EV production more efficient and sustainable.

This partnership will aid Forsee Power in growing its presence and meeting the necessary aftersales support of its Australian customers.

Initially, the facility will have a production capacity of 50,000 packs a year; MAN is hoping to expand this to 100,000 by 2030.

The company says its facility in Fullerton, California is already set up to produce a “high volume” of batteries with “standard” chemistry (likely LFP) on one line and low volumes of battery packs for research and development purposes on two other lines.

The deal, understood to be worth KRW13trn (USD9.4bn), comes a year after the two companies decided to scrap plans to build a battery manufacturing joint venture in Turkey due to weakening demand for electric vehicles (EVs) in Europe.

Established last year, ‘Our Next Energy Korea Ltd’ was based out of an office in Hwaseong and employed less than ten people.