Battery joint ventures are absolute for automakers who have set ambitious goals to deliver millions of electric vehicles It has become a must in the next few years.
It is no longer just about the supply of cells. The series of partnerships and joint ventures shows that automobile manufacturers are taking a more active role in the development and even production of battery cells.
Automobile manufacturers are taking a more active role in the development and even production of battery cells.
And deals don’t seem to be slowing down. Just this week, Mercedes-Benz announced its $ 47 billion plan to become an all-electric car manufacturer by 2030. Securing its battery supply chain by expanding existing partnerships or integrating new partnerships for the joint development and production of battery cells and modules is a crucial part of his plan.
Like other automobile manufacturers, Mercedes focuses on development and the use of advanced battery technology. In addition to building eight new battery plants to power its future electric vehicles, the German automaker has announced a partnership with Sila Nano, the battery chemistry startup from Silicon Valley in which it previously invested, to increase energy density, which in turn will increase the Should improve range and allow for shorter charging times.
âThis follows a trend we’ve seen with automakers who are realizing how critical the battery is and are taking more control over the production of the cells to supply their own to ensure. âSaid the CEO of Sila Nano, Gene Berdichevsky, in a recent interview. âFor example, if you are VW and say, ‘We’ll be 50% electric every year,’ but then the batteries don’t show up, you’re bankrupt, you’re dead. Your size is so large that automakers are scared that they won’t do it even if their cell partners have promised them delivery. â
Tesla, BMW and Volkswagen adopted the battery joint venture strategy early on. In 2014 Tesla and Panasonic reached an agreement to build a large battery factory . signed, or a gigafactory, as they all now call it, in the US and have been working together ever since. BMW started working with Solid Power in 2017 to develop solid-state batteries for high-performance electric vehicles that could potentially reduce costs by requiring fewer safety features than lithium-ion batteries.
In addition to its partnership with Northvolt, VW is also in talks with suppliers to ensure more direct access to supplies such as semiconductors and lithium so that the existing systems can run at full speed.
Now the rest of the industry is getting to work with b battery company to share knowledge and resources and essentially become the manufacturer n.