May 16, 2020

Foxconn becomes India's largest electronics manufacturer

Foxconn
Made in India
Foxconn
Glen White
2 min
Foxconn becomes India's largest electronics manufacturer
Foxconn, the worlds largest contract electronics manufacturer, has signed a $5 billion deal to set up R&D and hi-tech manufacturing facilities in In...

Foxconn, the world’s largest contract electronics manufacturer, has signed a $5 billion deal to set up R&D and hi-tech manufacturing facilities in India within five years, according to reports. The $5 billion pledge is the largest foreign investment into India’s tech manufacturing sector and a boost for the government’s “Make in India” campaign. The Taiwan-based firm, which manufactures for a host of global device brands like Apple, BlackBerry, Amazon, Motorola, Xiaomi and Sony, has the bulk of its factories in China.

Also on Monday, leading Chinese smartphone maker Xiaomi announced that it will now manufacture its devices in India in partnership with Foxconn.

Going by the recent spate of announcements, Foxconn is becoming one of the most aggressive foreign investors in India. Last month, the company announced that it would inject $20 billion into India’s solar sector along with Japan’s SoftBank and India’s own telecom firm, Bharti. Reports suggested that another Foxconn joint venture with billionaire Gautam Adani’s Adani Group could focus on making iPhones and iPads.

Foxconn is also rumoured to have allocated billions of dollars for India’s e-commerce and technology startups, and is said to be close to finalizing a $500 million investment into online retailer, Snapdeal.

Foxconn has plants in Asia, Europe, Brazil and Mexico which together assemble about 40 percent of all consumer electronics products sold globally. It has 12 factories in nine Chinese cities, the most in any country.

Setting up manufacturing centers in India could be Foxconn’s attempt to build an alternative to its manufacturing base in China where a slowing domestic market and rising wages total up to a tough environment. Foxconn said it intends to set up 10-12 plants and employ a million workers in India by 2020.

The $5 billion weekend announcement came as Foxconn chairman Terry Gou signed a deal on Saturday with Devendra Fadnavis, the chief minister of Maharashtra (of which India’s financial center Mumbai is the capital) to base its first facility in that state. Foxconn will set up its factories in 1,500 acres of land allotted near Pune and will start scouting centers in other regions. In its first center, Foxconn will assemble components, start automation and testing labs and manufacture key components for smartphones, smart TVs and computers.

Foxconn is no stranger to India. The device maker which was manufacturing Nokia devices in India closed its facility in the southern city of Chennai in end 2014 after Nokia decided to stop making its phones in the country. Foxconn officially shut down the factory earlier this year. For the manufacturing giant, the second time will be challenging too as it will have to contend with India’s infrastructure shortcomings and logistics challenges.

Share article

May 12, 2021

Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing

SustainableManufacturing
BatteryCell
EVs
Automotive
2 min
Ultium Cells LLC and Li-Cycle join forces to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing

Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing

 

What is Ultium Cells LLC?

Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”

Who is Li-Cycle?

Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.

As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”

Why are Ultium Cells LLC and Li-Cycle join forces?

By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.

“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).

"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.

"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.

Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.

"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.

Image source: 1, 2, 3, 4, & 5

Share article