GMG.V: “Bosch to produce Aussie EV battery tech”
Australian graphene aluminium-ion battery developer signs factory deal with automotive supply giant Bosch
The world’s biggest automotive supplier, Robert Bosch, has signed up to build a plant to make breakthrough graphene aluminium-ion (G+AI) batteries developed by Brisbane’s Graphene Manufacturing Group (GMG).
GMG has signed a letter of intent with Bosch to industrialise the company’s energy-dense, recyclable batteries, with production of coin cells slated for the end of this year.
The pouch cells favoured by electric car makers will follow around 2024.
While GMG and Bosch have yet to announce a location for the ground-breaking battery plant, it is expected to be in Australia.
The pilot plant equipment for the new factory is already in GMG’s hands, with construction expected to begin shortly.
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