Gotion and InoBat sign MoU to develop Joint Venture EV Battery Cells and Packs

8 2 月, 2023
HONG KONG, Feb 8, 2023 - (ACN Newswire via SEAPRWire.com) - On February 5, Gotion High-Tech, the innovative manufacturer of batteries and energy storage solutions in China, signed a Memorandum of Understanding (MoU) with InoBat, the European pioneering supplier of premium batteries for electric vehicles, to explore Joint Venture opportunities in revolutionizing EV battery and energy storage technologies, including co-development of a gigafactory with cell and pack production capacity of 40 GWh.With technical superiority, complementary capabilities and a shared sustainability ethos, Gotion and InoBat will look at ways to work together on several key common topics of interest, such as: -- co-development of a JV gigafactory with cell and pack production capacity of 40 GWh to support EV applications, with the CEE region being one of the regions under consideration-- technical cooperation based on both sides' respective advantages of LFP and NMC batteries-- co-develop the potential for ESS battery production at existing InoBat premises in Slovakia allowing fast access to the European market -- technology and commercial partnership in facility operations-- investigation of recycling concepts for production scrap and end of life batteriesThrough the cooperation following the MoU, InoBat benefit from Gotion's expertise in electric storage solutions ("ESS") whilst Gotion will benefit from InoBat's existing manufacturing sites and expansive market connections in Europe to facilitate Gotion's internationalization. By working together in mutually beneficial areas, both companies aim to devise new and exciting technologies to accelerate the global charge towards a green energy future.About Gotion High-TechGotion High-tech is a world-leading provider of new energy solutions. It focuses on the R&D, production and sales of EV lithium-ion batteries and ESS batteries and ranks among the top in China and the global market in terms of comprehensive strength. Gotion High-tech has global operations and has partnered with Volkswagen, Tata Group, Vinfast, and Jinko.For more information, visit https://en.gotion.com.cnAbout InoBat:InoBat specializes in electric battery R&D, supply, and recycling for global OEMs in automotive, commercial vehicle, motorsport, and aerospace. Its "cradle-to-cradle" approach promotes a circular economy. Backed by Rio Tinto, Amara Raja, Ideanomics, IFC, IPM Group and other strategic investors and partners, InoBat has a R&D facility and pilot line in Slovakia. It has also been approved for grant financing under the Important Projects for Common European Interest (IPCEI).For more information, visit https://inobat.eu/ Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Toyota: Construction and Launch of a Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid JCN Newswire

Toyota: Construction and Launch of a Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid

27 10 月, 2022
Toyota City, Japan, Oct 27, 2022 - (JCN Newswire via SEAPRWire.com) - JERA Co., Inc. (JERA) and Toyota Motor Corporation (Toyota) announce the construction and launch of the world's first (as of writing, according to Toyota's investigations) large-capacity Sweep Energy Storage System. The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, FCEV) and is connected to the consumer electrical power grid. It begins operation today.In the future, demand for storage batteries is expected to grow as they become necessary supply-stabilizing tools when expanding renewable energy in the movement toward CO2 emissions reduction, a vital part of achieving carbon neutrality. At the same time, limited supplies of battery materials including cobalt and lithium, mean there is an ongoing need for environmentally conscious initiatives, such as reclaiming used electrified vehicle batteries for effective use as storage batteries. In response, JERA and Toyota began discussions in 2018 to establish battery reuse technologies, which eventually led to this large-capacity, grid-connected Sweep Energy Storage System.Toyota's new storage system is equipped with a function called sweep, which allows the use of reclaimed vehicle batteries, which have significant differences in performance and capacity, to their full capacity regardless of their level of deterioration. The sweep function, developed by Toyota Central R&D Labs, Inc., is a device that can freely control energy discharge by switching electricity flow on and off (bypassing) through series-connected batteries in microseconds.Furthermore, the sweep function also enables direct AC output from the batteries, while reusing onboard inverters eliminate the need for a power conditioner (PCS). That contributes to reducing costs and helps avoid power loss when converting from AC to DC by PCS, with the aim of improving effective energy use.The project plans to operate grid storage batteries for recharge and discharge operations, connected to the Chubu Electric Power Grid Co., Inc. power distribution system from a facility (see below(1)) at JERA's Yokkaichi Thermal Power Station. JERA and Toyota aim to introduce approximately 100,000 kWh of supplied electricity in the mid-2020s, thereby not only reducing the overall cost of the energy storage system, but also contributing to reduction of CO2 emissions.(1) Selected by Japan's Ministry of the Environment to conduct an "FY2022 Project for Early Social Implementation of a Decarbonized Metal Recycling System."In addition, JERA is developing a low environmental impact process for recycling lithium-ion batteries for electrified vehicles(2), which Toyota plans to support by leveraging the expertise and knowledge it has accumulated through its battery recycling initiatives to date. By collecting used batteries and reusing resources, both companies hope to accelerate their efforts toward achieving a resource-recycling society.(2) JERA and Sumitomo Chemical Start a Demonstration Project to Develop a Low Environmental Impact Recycling Process for Electric Vehicle Lithium-ion Batteries (JERA Press Release, April 19, 2022)JERA will continue to work proactively not only within the energy industry but also with leading companies in Japan and overseas to develop technologies such as battery storage systems and services that contribute to optimal energy utilization toward achieving a decarbonized and resource-recycling society.Toyota actively promotes electrified vehicle adoption and pursues effective battery use, including electrified vehicle battery reuse, for the development of social infrastructure that will support the widespread adoption of electrified vehicles, expand the use of renewable energy, and promote resource recycling toward achieving carbon neutrality. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Toyota: Yamato Transport and CJPT to Begin Studying Standardization and Commercialization of Cartridge Batteries JCN Newswire

Toyota: Yamato Transport and CJPT to Begin Studying Standardization and Commercialization of Cartridge Batteries

27 7 月, 2022
TOKYO, Jul 27, 2022 - (JCN Newswire via SEAPRWire.com) - Yamato Transport Co., Ltd. (Yamato Transport) and Commercial Japan Partnership Technologies Corporation (CJPT) have announced today that they will begin studying the standardization and commercialization of replaceable and rechargeable cartridge batteries as part of energy management efforts for achieving a carbon neutral society.Cartridge battery useThe introduction of commercial battery electric vehicles (BEVs) poses several challenges, including recharging times that are longer than refueling times for conventional gasoline and diesel vehicles, as well as increased logistics downtime (when vehicles and cargo are at a standstill) due to numerous vehicles recharging at or around the same time. The introduction of commercial BEVs is also expected to impose an increasing burden on society as a whole, such as by increasing peak electricity demand at business sites due to concentrated recharging by numerous non-operating vehicles.To solve these issues, Yamato Transport and CJPT will begin studying the practical application of detachable and portable cartridge batteries based on their following merits.1. Able to reduce the cost of BEV introduction: The cost can be reduced by limiting battery capacity--and, thus, the total amount of batteries--to match actual driving-range needs.2. Able to reduce the recharging burden: The burden related to the installation of recharging infrastructure can be reduced.3. Able to reduce logistics downtime: Battery replacement can reduce vehicle recharging time.4. Able to level electricity demand: Replacement batteries can be recharged while vehicles are in operation, reducing peak electricity demand.Furthermore, CJPT intends to advance plans for commercial BEVs that cartridge batteries can power. The company envisions that commonizing cartridge batteries and recharging systems for vehicles ranging from BEV mini-commercial vans to BEV light-duty trucks will reduce the cost of commercial BEVs and encourage their widespread use. As an energy-management solution, the company seeks to propose ways to achieve battery use that matches actual use requirements.Meanwhile, Yamato Transport aims to build a green delivery eco-system that includes its transport and delivery partners by co-creating with communities a cartridge battery-based electricity utilization scheme. In addition to promoting the use of green power by eliminating the gap between renewable energy generation peaks and the timing of recharging commercial BEVs, the company also intends to study ways to increase the resilience of electric energy supply communities, such as by delivering cartridge batteries in times of disaster to areas where it is difficult to maintain electric power infrastructure.The two companies are open to considering collaboration with new partners for the standardization and commercialization of cartridge batteries toward popularizing electrified vehicles as a way to contribute to the achievement of a carbon-neutral society.Sustainable Development GoalsToyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations' Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.SDGs Initiatives: https://global.toyota/en/sustainability/sdgs/ Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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