Electric vehicle battery

Electric Vehicle Battery Market is expected to grow at 8.5% CAGR from 2022 to 2032 - Future Market Insights, Inc.

Retrieved on: 
Thursday, September 15, 2022

NEWARK, Del., Sept. 15, 2022 /PRNewswire/ -- The global electric vehicle battery market is anticipated to reach a valuation of US$ 18.09 Bn in 2032, with the market growing at a positive CAGR of 8.5% over the forecast period of 2022 to 2032. Scaling up from an estimated US$ 8.68 Bn in 2022, the electric vehicle market is driven by technological advancements, the growing usage of lithium-ion batteries, and increasing fuel prices. A surge in the sales of hybrid/ electric vehicles also augment the market growth of electric vehicle batteries during this period.

Key Points: 
  • Expanding Electric Vehicle (E-Vehicle) Sector Presents Opportunity worth US$ 18.09 Bn for Electric Vehicle Battery by 2032.
  • The dominance of HEV over PHEV and BEV in the electric vehicle market makes them the prominent market for electric vehicle battery.
  • NEWARK, Del., Sept. 15, 2022 /PRNewswire/ -- The global electric vehicle battery market is anticipated to reach a valuation of US$ 18.09 Bn in 2032, with the market growing at a positive CAGR of 8.5% over the forecast period of 2022 to 2032.
  • A surge in the sales of hybrid/ electric vehicles also augment the market growth of electric vehicle batteries during this period.

Electric Vehicle Battery Market is expected to grow at 8.5% CAGR from 2022 to 2032 - Future Market Insights, Inc.

Retrieved on: 
Thursday, September 15, 2022

NEWARK, Del., Sept. 15, 2022 /PRNewswire/ -- The global electric vehicle battery market is anticipated to reach a valuation of US$ 18.09 Bn in 2032, with the market growing at a positive CAGR of 8.5% over the forecast period of 2022 to 2032. Scaling up from an estimated US$ 8.68 Bn in 2022, the electric vehicle market is driven by technological advancements, the growing usage of lithium-ion batteries, and increasing fuel prices. A surge in the sales of hybrid/ electric vehicles also augment the market growth of electric vehicle batteries during this period.

Key Points: 
  • Expanding Electric Vehicle (E-Vehicle) Sector Presents Opportunity worth US$ 18.09 Bn for Electric Vehicle Battery by 2032.
  • The dominance of HEV over PHEV and BEV in the electric vehicle market makes them the prominent market for electric vehicle battery.
  • NEWARK, Del., Sept. 15, 2022 /PRNewswire/ -- The global electric vehicle battery market is anticipated to reach a valuation of US$ 18.09 Bn in 2032, with the market growing at a positive CAGR of 8.5% over the forecast period of 2022 to 2032.
  • A surge in the sales of hybrid/ electric vehicles also augment the market growth of electric vehicle batteries during this period.

Advanced Cell Engineering (ACE) to Exhibit at The Battery Show

Retrieved on: 
Thursday, September 8, 2022

STEWART, Fla., Sept. 8, 2022 /PRNewswire/ -- Advanced Cell Engineering (ACE), a developer and licensor of lithium-ion battery technologies for the Electric Vehicle (EV) industry, will exhibit for the first time at The Battery Show, September 13-15 at the Suburban Selection Showplace in Novi, Michigan, in booth 3328. The Battery Show is the premier event for the battery and electric vehicle (EV) industry, bringing together more than 750 suppliers showcasing the latest solutions across the transportation, stationary, portable, and industrial sectors.

Key Points: 
  • STEWART, Fla., Sept. 8, 2022 /PRNewswire/ -- Advanced Cell Engineering (ACE), a developer and licensor of lithium-ion battery technologies for the Electric Vehicle (EV) industry, will exhibit for the first time at The Battery Show, September 13-15 at the Suburban Selection Showplace in Novi, Michigan, in booth 3328.
  • Advanced Cell Engineering develops and licenses its proprietary advanced LFP technologies, which provide significantly higher energy density compared to others available today for the EV industry, can be produced in any cell format, and are readily compatible with standard cell manufacturing equipment.
  • Advanced Cell Engineering develops and licenses advanced lithium-ion battery cell technologies for the electric vehicle industry.
  • The higher energy density of ACE's Advanced LFP battery technology will transform the EV industry by offering significantly longer range in a safe, cost-effective cell.

Advanced Cell Engineering Signs Lease Agreement for Laboratory Space with Indian River State College

Retrieved on: 
Wednesday, August 31, 2022

Utilizing the College's chemistry labs will enable ACE to finalize its Advanced LFP (lithium iron phosphate) chemistry for battery cells.

Key Points: 
  • Utilizing the College's chemistry labs will enable ACE to finalize its Advanced LFP (lithium iron phosphate) chemistry for battery cells.
  • "This is an exciting moment for Advanced Cell Engineering, as we are honored to be collaborating with Indian River State College," said Tom Madden, Chief Technology Officer of Advanced Cell Engineering.
  • About Indian River State College:
    A leader in education and innovation, Indian River State College transforms lives by offering high-quality, affordable and accessible education to the residents of Florida's Indian River, Martin, Okeechobee, and St. Lucie counties through traditional and online delivery.
  • Advanced Cell Engineering develops and licenses advanced lithium-ion battery cell technologies for the electric vehicle industry.

Flexible Batteries Market size worth $ 3133.63 Million, Globally, by 2030 at 29.08% CAGR: Verified Market Research®

Retrieved on: 
Monday, August 22, 2022

JERSEY CITY, N.J., Aug. 22, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Flexible Batteries Market" By Type (Thin-Film Battery, Printed Battery), By Chargeability (Rechargeable Battery, Single-Use Battery), By Application (Medical Devices, Consumer Electronics, Smart Packaging), and By Geography. According to Verified Market Research, the Flexible Batteries Market size was valued at USD 406.76 Million in 2021 and is projected to reach USD 3133.63 Million by 2030, growing at a CAGR of 29.08% from 2022 to 2030.

Key Points: 
  • VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market.
  • VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
  • Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers.
  • Verified Market Research provides advanced analytical research solutions while offering information enriched research studies.

Flexible Batteries Market size worth $ 3133.63 Million, Globally, by 2030 at 29.08% CAGR: Verified Market Research®

Retrieved on: 
Monday, August 22, 2022

JERSEY CITY, N.J., Aug. 22, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Flexible Batteries Market" By Type (Thin-Film Battery, Printed Battery), By Chargeability (Rechargeable Battery, Single-Use Battery), By Application (Medical Devices, Consumer Electronics, Smart Packaging), and By Geography. According to Verified Market Research, the Flexible Batteries Market size was valued at USD 406.76 Million in 2021 and is projected to reach USD 3133.63 Million by 2030, growing at a CAGR of 29.08% from 2022 to 2030.

Key Points: 
  • VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market.
  • VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
  • Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers.
  • Verified Market Research provides advanced analytical research solutions while offering information enriched research studies.

Euro Manganese Announces Results of Life Cycle Assessment for the Chvaletice Manganese Project

Retrieved on: 
Wednesday, August 3, 2022

VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) ("Euro Manganese", the "Company" or "EMN") is pleased to release highlights of the Life Cycle Assessment ("LCA" or "Study") recently completed for the Companys Chvaletice Manganese Project ("CMP" or "Project") located in the Czech Republic.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) ("Euro Manganese", the "Company" or "EMN") is pleased to release highlights of the Life Cycle Assessment ("LCA" or "Study") recently completed for the Companys Chvaletice Manganese Project ("CMP" or "Project") located in the Czech Republic.
  • The results of the LCA validate the environmental value proposition of the CMP and identify potential opportunities for further impact reduction.
  • The Companys working assumption is the use of 100% renewable electricity, referred to as the Target Scenario in the LCA.
  • The LCA evaluates the life cycle impact of the two high-purity manganese products that the CMP produces, HPEMM and HPMSM.

Barrel Energy Inc. Obtains Pink Current Status

Retrieved on: 
Thursday, June 30, 2022

Las Vegas, Nevada, June 30, 2022 (GLOBE NEWSWIRE) -- Barrel Energy Inc. (the Company or Barrel) (OTC: BRLL) is pleased to announce that its status has been updated to Pink Current from Pink Limited by OTC Markets.

Key Points: 
  • Las Vegas, Nevada, June 30, 2022 (GLOBE NEWSWIRE) -- Barrel Energy Inc. (the Company or Barrel) (OTC: BRLL) is pleased to announce that its status has been updated to Pink Current from Pink Limited by OTC Markets.
  • Barrel Energy is focused on several ventures within the rapidly growing green energy and battery metals sector with our focus on the rapid development of valuable production opportunities throughout North America and abroad.
  • Barrel Energy is involved in the acquisition and exploration of Lithium and battery metals to support the Electric Vehicle (EV) market.
  • About Barrel: Barrel Energy Inc., (OTC Markets: BRLL) is focused on several ventures within the energy and minerals sector and the rapid development of valuable production opportunities throughout North America.

Enovix Mobility Bolsters Leadership Team

Retrieved on: 
Tuesday, June 28, 2022

FREMONT, Calif., June 28, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced it has broadened its leadership team responsible for bringing its cell technology to the Electric Vehicle (EV) market.

Key Points: 
  • FREMONT, Calif., June 28, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced it has broadened its leadership team responsible for bringing its cell technology to the Electric Vehicle (EV) market.
  • Wilcox and Gore will join Pat Donnelly, Vice President, Strategic Business Development, on the Enovix Mobility leadership team, and together, they willexecutethe companysEVproduct and business strategy.
  • As we continue to execute our plans to bring Enovix technology to the EV market, were proud to announce the latest additions to the Enovix Mobility leadership team, said CamDales,GMand Chief Commercial Officer.This team brings aunique combination of skillsets that includedeep technicalexpertiseinthe design and developmentofnext-generationbatteries, as well as the proven ability to develop winning products and business relationships.
  • The Enovix battery architecture holds incredible promise for the EV market and electric mobility market in general, said Dr. James Wilcox, Vice President, Business Development and Head of Enovix Mobility.

NUS GRIP Deep tech start-up, NEU Battery Materials raises S$800,000 in seed funding

Retrieved on: 
Wednesday, June 22, 2022

SINGAPORE, June 22, 2022 /PRNewswire/ -- Deeptech start-up, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital (the corporate venture arm of SMRT Corporation Ltd) and Se-cure Waste Management (a battery recycling & processing company in Singapore). This seed round also includes angel investments from two business angels in the energy storage and sustainability sectors, as well as earlier funding from the NUS Graduate Research Innovation Programme (GRIP). A flagship initiative of the NUS Industry Liaison Office, GRIP consists of three months of intense venture hothousing followed by nine months of incubation support, enabling NUS researchers, inventors, and students to transform the university's world-class research into deep tech start-ups. NEU Battery Materials will use this seed funding to build a pilot recycling plant in Singapore to recycle lithium from used lithium batteries.  

Key Points: 
  • NEU Battery Materials will use this seed funding to build a pilot recycling plant in Singapore to recycle lithium from used lithium batteries.
  • I am delighted that NEU Battery Materials will be commercialising this technology, and demonstrating its use in battery recycling," said Assoc Prof Wang, Co-founder of NEU Battery Materials.
  • NUS graduates, Bryan Oh (Bachelor of Business Administration, NUS Business School) and Kenneth Palmer (Bachelor of Engineering, NUS College of Design and Engineering), co-founded NEU Battery Materials in mid-2021, after completing the NUS Graduate Research Innovation Programme (GRIP).
  • NEU Battery Materials aims to produce clean and sustainable lithium, through its patented electrochemical technology, which enables battery recycling.