By Andrew Halonen, Mayflower Consulting LLC. The automotive industry landscape is shifting once again. For the past decade, the industry has seen heavy interest in electric vehicles (EVs), with automotive OEMs making significant investments to convert their vehicle lineup to EVs. However, OEMs are now taking a step back and reconsidering their electrification strategy.1 The […]
Novelis, Shape Corp., and Metalsa are partnering to collaborate on testing, studying, and advancing electric vehicle (EV) battery tray concepts using aluminum roll forming technologies. The collaboration combines expertise in advanced roll forming, next-generation alloy development, and precision assembly to meet growing demand for the automotive EV sector. “The strength and expertise of this partnership is […]
Hydro signed an agreement with Northvolt, in which Hydro will acquire the remaining shares in the battery recycling facility, Hydrovolt, for NOK 78 million (US$6.9 million). This acquisition increases Hydro’s ownership in Hydrovolt from 72 to 100%. Headquartered in Oslo, Hydrovolt is a battery recycling and raw materials company established in 2020 as a 50/50 […]
Speira, an aluminum roller and recycler, signed a long-term agreement with the biggest prismatic battery producer from South Korea. The world-leading battery manufacturer’s advanced energy solutions also include lithium-ion batteries for electric vehicles. The manufacturer’s collaboration with Speira represents a clear commitment to sustainability. “We are proud to have signed this agreement, which strengthens our […]
Gränges completed the acquisition of a casting and hot rolling facility in the Shandong Province, China. The purchase was made as part of its long-term strategic partnership with Shandong Innovation Group (SIG), with SIG obtaining 20% of the outstanding shares of the new facility. This will support the company’s growth in the Asian automotive market. […]
Constellium announced the results of its collaborative research project, ALuminium Intensive Vehicle Enclosures (ALIVE), which was focused on developing structural aluminum battery enclosures for electric vehicles (EVs). The multidisciplinary team was able to successfully develop novel battery enclosure designs that reduced weight, while meeting performance targets. “Today, we celebrate the impressive achievements of the ALIVE […]
Hindalco Industries is investing Rs. 800 crore rupees (~U.S. 96.4 million) to build a new aluminum foil plant near Sambalpur in Odisha, India. The facility aims to produce high quality battery foil for the rapidly growing electric vehicle and energy storage system markets. The company expects demand for battery-grade aluminum foil in India to grow […]
Alumobility partnered with the Hyundai Motor Europe Technical Centre to conduct a theoretical conversion of the Genesis GV70 electric SUV steel-intensive body to a full-aluminum body. The results of the project were published in a new study, titled “Technical Case Study: A Vehicle Conversion of the Genesis GV70EV from a Steel intensive Body to an […]
Porsche AG signed an agreement with Norsk Hydro ASA to further reduce the carbon footprint of its luxury sports car models by using low-carbon aluminum and extrusions. In addition, the two companies will collaborate on an innovative value chain concept for battery materials and their recycling. “Porsche is working towards a net carbon-neutral value chain […]
