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Battery and Energy Storage Partnerships

Battery and energy storage partnerships are having their moment with material partnership announcements happening on a regular basis – like BlueOvalSK between Ford and SK Innovation and Ultium between GM and LG to build batteries, or the partnership between VW and Umicore to build cathode components. The rising demand for batteries to power vehicles and support the electric grid is prompting collaborations across the entire value chain for a variety of proven and potential energy storage solutions, ranging from partnerships to secure raw materials all the way to recycling partnerships to address the end of the battery lifespan.  

© Copyright 2022. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.

Tags

joint ventures & partnerships, transactions, f-risk, article, energy & mining

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