If there's EV battery production news, there's a good chance it's about CATL, the largest EV battery producer in the world. In today's case, the CATL news is not actually from CATL, but rather a
If there’s EV battery production news, there’s a good chance it’s about CATL, the largest EV battery producer in the world. In today’s case, the CATL news is not actually from CATL, but rather a CATL supplier namedropping the Chinese battery giant to brag a bit.
The news is that CATL will be using Toyocolor’s Lioaccum™ conductive carbon nanotube dispersions in its next-generation batteries.“Lioaccum CNT dispersions are scheduled for installation into mass-produced vehicles beginning 2024,”adds. “The Lioaccum dispersion is a key material for increasing LiB capacity and for extending the cruising range of electric vehicles , in particular luxury automobiles.
Toyocolor gives a nod to US President Joe Biden’s initiatives to accelerate EV adoption and EV battery production in the United States, indicating that these efforts have given a signal to Toyocolor and others to get more production rolling stateside in order to catch the biggest battery business waves possibles in the States. Announcement after announcement in this sector has been referencing this shift in US EV and battery policy.
So, Toyo Ink now has two new factories in the US, and although they are in non-bordering states, they aren’t actually that far from each other, as the map below shows.“The establishment of our second factory in the U.S. allows us to support the long-term growth of our customers in North America,” explains Hideki Okaichi, executive operating officer of Toyo Ink SC Holdings.
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