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The carmaker will pay to use CATL’s techniques of making lithium-ion phosphate batteries, which it claims will make its EVs cheaper to produce
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Companies are looking to build batteries using sodium and sulphur instead of lithium, cobalt and nickel
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The Middlesbrough facility will put the UK on the map when it comes to processing the metal critical to EVs, phones and wind farms
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These use kinetic energy to power the battery
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This is Honda’s first in the country, with operations expected to begin in three years
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The acquisition is expected to enable significant operational improvements and cost reductions in battery pack production
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The closed-loop ‘Apex 1’ facility in Kentucky is expected to produce enough sustainable lithium-ion cathode active material for up to 250,000 EVs per year
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The lithium-ion battery manufacturing plant in De Soto is expected to create up to 4,000 new jobs
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They have joined forces with a company set up by Tesla’s Co-Founder JB Straubel
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It claims the battery can charge in just 15 minutes
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The plant in Heide is expected to have an annual production capacity of 60GWh, with the batteries to be supplied to the European market, enough for around one million EVs
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These sites will provide storage of 50MW lithium-ion batteries
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