Jaguar Land Rover has secured a £500 million UK Government loan guarantee to support the design and manufacture of electric cars at Castle Bromwich. It’s no secret that Jaguar Land Rover has been struggling somewhat of late, with big drops in sales in China, buyers eschewing diesel-engined cars – the vast majority of JLR’s sales…
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There is a good deal of misleading statistics surrounding lithium-battery recycling and China and South Korea have already emerged as the global hubs where most batteries end up at the end of their lifetime, a new report commissioned by the Swedish Energy Agency has found. The study states one of the reasons lithium-ion recycling rates…
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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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Manufacturer of lithium-ion battery technology, Hyperdrive Innovation, has opened the UK’s largest independent battery manufacturing facility in Sunderland today, which will support the Government’s industrial strategy and 2050 carbon neutral target. The new facility, named HYVE, will allow the company to produce up to 30,000 battery packs annually and also cater to the growing demand…
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Los Angeles Power and Water officials have struck a deal on the largest and cheapest solar + battery storage project in the world, at prices that leave fossil fuels in the dust and may relegate nuclear power to the dustbin. Later this month the LA Board of Water and Power Commissioners is expected to approve…
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Taking apart and recycling the larger battery modules used in grid-scale storage and EVs is a task requiring far more skill than doing the same in portable electronics, the report says. Image: AltaGas. Lithium-ion batteries are far more widely recycled than many people think, while China and South Korea are already leaders of the emerging…
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Spanish renewable energy giant and offshore wind energy leader Siemens Gamesa Renewable Energy last week inaugurated operations of its electrothermal energy storage system which can store up to 130 megawatt-hours of electricity for a week in volcanic rock. Siemens Gamesa, a company known more famously for its offshore wind turbines, is nevertheless a large-scale renewable…
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Jaguar Land Rover is expected to announce plans on Friday to build full-electric cars at its Castle Bromwich factory in England, the Sunday Times reported. An all-electric version of the XJ sedan replacement will be the first of three new battery-powered vehicles followed by an SUV, the newspaper said. The investment will help to secure…
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The European Union is starting to act like China when it comes to building the batteries that will drive the next generation of cars and trucks. In the past few months, government officials led by European Commission Vice President Maros Sefcovic have joined with manufacturers, development banks and commercial lenders on measures that will channel…
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The world’s first cruise ship propelled partially by battery power is set to head out from northern Norway on its maiden voyage, cruise operator Hurtigruten said on Monday. The hybrid expedition cruise ship, the Roald Amundsen, can take 500 passengers and is designed to sail in harsh climate waters. Named after the Norwegian explorer who…
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