Category: batteries

Europe is beating the US in the battery race—with China’s help

The biggest reason we hear so much about electric cars is because of the falling costs of batteries. Lithium-ion batteries today cost less than one-fifth as they did in 2010. Within the next five years, some experts estimate that the total cost of owning an electric car—that is, upfront cost plus lifetime fuel cost—will be…
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2nd August 2019 0

As electric vehicle production ramps up worldwide, a supply crunch for battery materials is looming

As car manufacturers ramp up production of electric cars, metals used to make the vehicles’ batteries may face a supply crunch by the mid-2020s, according to a Wood Mackenzie report released Wednesday. Lithium, cobalt, and nickel supplies are expected to be worst hit. As car manufacturers ramp up production of electric cars, the metals used…
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1st August 2019 0

Multilayer design makes conducting stretchable batteries

Stretchable conductors that stay conducting even when stretched by as much as 300% in any direction could find use in a new generation of deformable and wearable electronic devices. The conductors are made by sequential layering of polymers and gold nanoparticles in a design that is the first of its kind according to the researchers…
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31st July 2019 0

LG Chem aims to quintuple EV battery biz by 2024

LG Chem will try to quintuple its electric vehicle battery business by 2024, the company’s CEO said on July 9. CEO Shin Hak-cheol said the company is targeting 59 trillion won ($49.9 billion) in sales by 2024, with 31 trillion won coming from its battery business. Last year, the company’s battery sector accounted for only…
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26th July 2019 0

Can Metals Supply Keep Up With Electric Vehicle Demand?

Battery raw materials could face a supply crunch by the mid-2020s. In every electric vehicle (EV) battery, there’s a complex chemistry of metals – cobalt, lithium, nickel and more. The electrification of transport is transforming the demand and supply of those battery raw materials. In fact, we expect to see double-digit growth for battery raw…
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25th July 2019 0

Lithium-ion Battery Energy Storage Systems – The risks and how to manage them

The rapid rise of Battery Energy Storage Systems (BESS’s) that use Lithium-ion (Li-ion) battery technology brings with it massive potential – but also a significant range of risks.  AIG Energy Industry Group says this is one of the most important emerging risks today – and organisations that use this technology must balance the opportunities with…
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24th July 2019 0

Bosch extends the service life of electric-vehicle batteries

Cloud-based swarm intelligence helps batteries maintain performance for longer Markus Heyn: “Bosch is connecting electric-vehicle batteries with the cloud, and substantially improving performance and service life.” Smart algorithms recognize battery stress factors and optimize the recharging process. Mobility services provider DiDi is the first company to use the Bosch battery services. Stuttgart, Germany – Stress…
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23rd July 2019 0

Giant batteries and cheap solar power are shoving fossil fuels off the grid

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world’s largest batteries. It would provide 7%…
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22nd July 2019 0

Toyota, China’s CATL in partnership for new energy vehicle batteries

Toyota Motor Corp has agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) to supply and develop batteries for new energy vehicles. The Japanese automaker said on Wednesday that the firms had also started talks covering a range of areas including new technology development and the reuse and recycling of batteries. “To further…
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18th July 2019 0

Japan’s Toray to manufacture battery components in Europe

Japanese materials company Toray has announced plans to open a facility for manufacturing battery separator films for use in lithium-ion batteries. The factory is expected to begin operations in July 2021 and will increase Toray’s production material for the component by around 20%. Toray Industries, Inc. has announced plans to open a new factory in…
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17th July 2019 0