Volkswagen introduced at this time that it’s embarking on three separate however associated partnerships within the close to future. All designed to assist it within the manufacturing of electrical autos, they are going to assist it supply CO2-neutral lithium for batteries, make its personal cathode materials, and enhance automotive battery manufacturing processes.
The automaker says it has entered right into a long-term binding settlement with Vulcan Power Sources Ltd that focuses on securing a lithium hydroxide provide over the following 5 years. With it, VW intends to fulfill its rising demand for battery cell manufacturing in Germany and Europe.
Vulcan Power plans to reap lithium from the Higher Rhine Valley utilizing native geothermal brine. The undertaking, named “Zero Carbon Lithium,” goals to ascertain a sustainable, regional supply of the fabric from Europe’s largest deposit with a course of that requires neither fossil fuels nor evaporation ponds.
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Moreover, VW will set up a three way partnership with Umicore to provide its European cell factories with cathode supplies. Beginning in 2025, the partnership could have an preliminary manufacturing capability of 20 GWh for VW’s gigafactory in Salzgitter, Germany.
Finally, the three way partnership goals to succeed in an annual manufacturing capability of as much as 160 GWh by the tip of the last decade, sufficient to provide 2.2 million EVs per yr. The automaker additionally goals to decrease cathode materials prices via this partnership and to in the end assist shrink the costs of EVs.
Lastly, Volkswagen is investing in 24M Applied sciences, a Cambridge-based battery startup. Its semi-solid means of battery-making guarantees to avoid wasting prices, make recycling extra environment friendly, and cut back the carbon footprint of battery-making amenities. The method is an enchancment over the dry coating course of, says VW, and it’ll look to put it to use to carry down the price of batteries. To try this, it’ll discovered a brand new subsidiary to develop and upscale the tech for automotive functions, which it expects to be prepared within the second half of this decade.