Tag: battery market

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…
Read more


2nd August 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…
Read more


25th 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…
Read more


17th July 2019 0

New Solar + Battery Price Crushes Fossil Fuels, Buries Nuclear

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…
Read more


9th July 2019 0

Europe Thinks Like China in Building Its Own Battery Industry

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…
Read more


3rd July 2019 0

Intelligent charging tech ‘could make EV refuelling 75% cheaper than petrol’

Ohme Technologies says its new platform will facilitate the mass-adoption of EVs by significantly slashing costs when combined with a time-of-use energy tariff. New intelligent charging tech could make electric vehicle (EV) refuelling 75% cheaper than filling a petrol or diesel vehicle. That’s according to Ohme Technologies, which says its new platform will facilitate the…
Read more


27th June 2019 0

Germany: 3 battery consortia will be funded

To stimulate domestic battery cell production, the German Federal Ministry of Economics will most likely fund three consortia a total of 1 billion euros ($1.12 billion USD). Of these, only the project of Peugeot, Opel and the battery manufacturer Saft have been confirmed by name. “We’ve now reached a point where we can say that…
Read more


24th June 2019 0

Electric planes start small as industry wrestles with emissions

LE BOURGET (Reuters) – An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programs being touted at the Paris Airshow, as the industry tries to convince a sceptical public it can deliver on a pledge to halve carbon emissions by 2050. Israeli startup Eviation has wheeled out Alice, a battery-powered nine-seater due…
Read more


20th June 2019 0

Volkswagen invests €900m in Swedish battery maker

Volkswagen AG has announced a €900 million ($1.467 billion) investment into an electric vehicle battery joint venture with Swedish firm Northvolt AB. According to VW, part of the above sum “is intended for a joint venture” with the battery producer, while a further portion of the investment will go directly to Northvolt in return for…
Read more


17th June 2019 0

UK’s biggest battery ever seen to cover area half the size of a football pitch at Glasgow wind farm

‘This is a significant step forward on the road to baseload for renewable energy,’ says ScottishPower chief executive A vast “super battery” is set to be installed at the UK’s largest onshore wind farm where it will store power generated by 215 turbines.  The battery – which will be half the size of a football pitch – has twice the…
Read more


12th June 2019 0