Latest news with #massproduction
Bloomberg
2 days ago
- Automotive
- Bloomberg
Pony AI CFO: Robotaxi Industry Accelerating
Pony AI CFO Leo Haojun Wang says this year's emphasis is on mass production as the robotaxi industry accelerates. He joins Bloomberg Brief with Dani Burger and Senior Editor of the CFO Briefing newsletter, Nina Trentmann. (Source: Bloomberg)
Yahoo
2 days ago
- Automotive
- Yahoo
Doosan Fuel Cell begins mass production of fuel cell power systems using Ceres technology
Doosan Fuel Cell Factory Major milestone for Ceres and Doosan partnership Products will target rapidly growing AI/data centre and commercial power markets HORSHAM, United Kingdom, July 28, 2025 (GLOBE NEWSWIRE) -- Ceres Power Holdings plc (CWR.L, 'Ceres' or the 'Company'), a leading developer of clean energy technology, and the Doosan Corporation announce that Doosan Fuel Cell has commenced mass market production of fuel cell stacks using Ceres' solid oxide technology. Doosan Fuel Cell will manufacture the stacks and fuel cell power systems at its dedicated factory in South Korea with the ability to produce a combined generational capacity of 50MW of electrical power each year. This commencement of manufacturing marks a significant milestone for Ceres, as Doosan is the first of its strategic licensing partners to enter mass production using its technology. The fuel cells, stacks and power systems that Doosan Fuel Cell produces will be marketed initially to customers in South Korea. The Ceres designed fuel cells will be manufactured in Doosan Fuel Cell's state-of-the-art factory in the province of Jeollabuk-do, South Korea, where construction began in 2022. Its completion marks the world's first Ceres metal supported solid oxide fuel cell and systems facility to come on-stream. Doosan Fuel Cell anticipates the sale of its first solid oxide fuel cell products will occur before the end of 2025. Doosan Fuel Cell will distribute the solid oxide systems, with a primary market focus on applications for stationary distributed power. These include data centres, where the advent of AI processing has caused a spike in power demand that can be met by the deployment of fuel cells. Other uses include the stabilisation of renewables-based power grids and microgrids through peak power production, power systems for buildings, and auxiliary power solutions for marine shipping markets. Phil Caldwell, Chief Executive Officer of Ceres, said: "Fuel cells have a major part to play in meeting the world's rapidly-increasing power demands, developing energy resilience and ensuring decarbonisation. Ceres' solid oxide design is the ideal technology for these applications through its higher efficiency, lower cost and greater robustness than other technologies. Doosan Fuel Cell's commencement of mass manufacturing is a major step in bringing this technology to the world." Doosoon Lee, Chief Executive Officer of Doosan Fuel Cell, said: "Fuel cells, a clean energy solution, are gaining attention as an optimal alternative to various power demands triggered by AI, including data centres. In South Korea, the world's leading fuel cell market, we aim to lead the adoption of advanced SOFCs by leveraging our collaboration with Ceres. By commercialising these technologies and promoting their domestic production, we intend to spearhead the acceleration of the global transition to a decarbonised society through eco-friendly energy solutions in the commercial power market and maritime mobility." For further information visit or contact: Ceres Power Holdings plcPatrick Yau/ Merryl Black Tel: +44 (0)7884 654179Email:investors@ MHP Group (PR Adviser)Reg Hoare/James McFarlane/Matthew Taylor Tel: +44 (0) 7827 662831Email:ceres@ About Ceres Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for the production of green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, ammonia and future fuels. Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy. Read more on our website or follow us on LinkedIn. About Doosan Fuel Cell. Doosan Fuel Cell is a subsidiary of Doosan Group, which has a history of over 129 years, making it the oldest conglomerate in South Korea. As a leading fuel cell solution provider with proprietary technology for the world's first commercial fuel cell, Doosan Fuel Cell offers hydrogen solutions including PAFC (Phosphoric Acid Fuel Cell) and SOFC (Solid Oxide Fuel Cell). They provide integrated solutions encompassing the design, technology development, manufacturing, installation, operation, and maintenance of key fuel cell technologies such as stacks and systems. Doosan Fuel Cell, which established the world's first and largest hydrogen fuel cell power plant, is expanding its business area beyond stationary power to include mobility through marine models. The company is committed to addressing climate change and achieving Net-Zero. For more details, please visit its website at or follow it on LinkedIn. A photo accompanying this announcement is available at
Yahoo
18-07-2025
- Automotive
- Yahoo
Panasonic opens its lithium-ion battery manufacturing facility in Kansas
This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. Dive Brief: Panasonic Energy Co. has officially opened its lithium-ion battery factory for electric vehicles in De Soto, Kansas, and has started mass production of 2170 cylindrical lithium-ion cells at the plant, the company announced in a July 14 press release. The company is targeting an annual production capacity of approximately 32 GWh in Kansas once the plant is fully operational. It will help Panasonic meet growing demand from its automotive customers in North America as they build more EVs. The plant is Panasonic's second U.S. battery manufacturing facility and the two plants boost the company's total EV battery U.S. production capacity to approximately 73 GWh a year. Panasonic's other battery factory in Sparks, Nevada, began operation in 2017 and currently supplies cylindrical cells to Tesla. Dive Insight: Panasonic's Kansas battery plant spans roughly 300 acres and is the size of more than 225 American football fields, according to the release. The $4 billion battery production facility is the largest economic development project in Kansas state history and is expected to create up to 4,000 direct jobs and approximately 8,000 jobs in total, including those in supplier and related industries. 'The opening of our Kansas Factory marks a major milestone in our journey to scale advanced battery production in the United States,' said Kazuo Tadanobu, CEO of Panasonic Energy, in the release. 'This facility represents not only our commitment to the region but also a foundation for long-term collaboration and innovation in the U.S.' Unlike Panasonic's battery facility in Nevada that supplies cells exclusively to Tesla, the Kansas plant is 'independent and designed to serve multiple customers,' a Panasonic spokesperson said in an email to Automotive Dive. Panasonic says the project represents its long-term commitment of investing in and advancing the EV industry in North America. The company also plans to adopt a 'dual-region model,' supplying batteries to global automakers from factories in Japan and North America. The current generation of 2170 cylindrical cells Panasonic is manufacturing at its plant in Osaka, Japan, use advanced materials to improve battery performance by approximately 5%, according to the release. Panasonic plans to produce these same cells in Kansas. The company spokesperson said the 2170 cells manufactured in Kansas will be optimized to meet 'the range, capacity, and demand of North American OEMs.' Panasonic's battery plant in Nevada is one of the largest lithium-ion battery manufacturing sites in North America in terms of output, according to the company. The plant employs over 4,000 people and has supplied over 11 billion cylindrical cells to date. Using its learning from operating the Nevada facility, Panasonic aims to achieve stable mass production in Kansas at an early stage, the release states. Although some media outlets have reported this week that Panasonic is delaying battery production in Kansas due to falling EV demand, the company says it remains committed to the North American market and the future plans for the factory remain in place. A spokesperson said the company maintains 'strong partnerships with a diverse range of automotive OEMs.' 'We have seen 11% growth in US electric vehicle sales in Q1 this year compared with last year,' a Panasonic spokesperson said in an email. 'We're here for the long-term and are prepared to grow our production capacity in response to demand.' Outside of Tesla, Panasonic's battery customers include EV maker Lucid for the Air sedan and Gravity SUV models. The company is also collaborating with Subaru to supply batteries for its future EVs. As of March, Panasonic says its batteries have been used to power around 3.7 million vehicles and the company has supplied roughly 19 billion cells to EV manufacturers. Recommended Reading US electric vehicle sales are slowing amid policy shifts: BNEF Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
NHK
15-07-2025
- Automotive
- NHK
Panasonic starts mass production at EV battery plant in US
A subsidiary of Japanese electronics giant Panasonic Holdings has started mass producing EV batteries at a factory in the US state of Kansas. Panasonic Energy held a ceremony on Monday. The company has invested 4 billion dollars to build the plant, its second in the US. The facility's annual output capacity is expected to be enough to power 450,000 electric vehicles. There are plans to hire up to 4,000 workers. But the full production that was initially targeted by the end of March 2027 has been effectively postponed. That's partly due to falling sales at the company's key customer, Tesla. Another unfavorable factor for Panasonic is that US tax breaks for EV purchases are set to expire in September. This will likely mean a challenging business climate just as the company is trying to diversify its customer base.
