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DETROIT—General Motors and LG Chem will form a joint venture company to mass-produce batteries for electric vehicles. Together, the companies will invest up to $2.3 billion in the company, which will establish an assembly plant on a greenfield site in the Lordstown area of Northeast Ohio. The project is expected to create more than 1,100 new jobs.
BENNINGTON, VT—Battery company Energizer says it is closing a manufacturing facility in Vermont at the beginning of 2021 and moving it to a plant in Portage, WI, that was previously owned by Rayovac but purchased by Energizer from Spectrum Brands early last year.
Engineers around the world are scrambling to create next-generation batteries that are energy-efficient and easy to mass produce. One promising candidate is aqueous flow battery technology being developed at the University of Colorado.
EDISON, NJ—Eos Energy Storage, a maker of non-lithium-ion grid-scale batteries, last week inked a deal with Holtec International to create a manufacturing joint venture to produce Eos’ Znyth aqueous zinc batteries. Called Hi-Power, this venture is an extension of a strategic partnership that has been in place since August 2018.
For decades, batteries have powered everything from toys and toothbrushes to personal electronics and power tools. But, that's just scratching the surface. During the next decade, advanced batteries will be mass-produced for a wide variety of new applications on land, sea and air.
Engineers at NASA recently earmarked a couple of emerging technologies that may alter the way aircraft are designed and built in the coming decades. If successful, each could lead to planes that are quieter, more energy efficient and produce fewer emissions.