Electric vehicle battery

Global Lithium-Ion Battery Market Size Could Exceed $115 Billion By 2030 as Demand is Booming

Retrieved on: 
Tuesday, July 27, 2021
Battery electricity), Battery types, Chemistry, Lithium-ion batteries, Lithium, Electric battery, Lithium batteries in China, Electric vehicle battery

The growing adoption of EVs among consumers has helped boost the market for these energy-saving, pollution-reducing vehicles.

Key Points: 
  • The growing adoption of EVs among consumers has helped boost the market for these energy-saving, pollution-reducing vehicles.
  • A report from MarketsAndMarkets said that the global lithium-ion battery market size is projected to grow from USD 41.1 billion in 2021 to USD 116.6 billion by 2030; it is expected to grow at a CAGR of 12.3% from 2021 to 2030.
  • The primary component of any lithium-ion battery is the cell, which accounts for almost 50% of its cost; electronics, assembly, and packaging account for the rest.
  • According to General Motors Company (US), the cost of a cell is expected to drop to USD 100 per kWh by 2021.

Global Lithium-Ion Battery Market Size Could Exceed $115 Billion By 2030 as Demand is Booming

Retrieved on: 
Tuesday, July 27, 2021
Battery electricity), Battery types, Chemistry, Lithium-ion batteries, Lithium, Electric battery, Lithium batteries in China, Electric vehicle battery

The growing adoption of EVs among consumers has helped boost the market for these energy-saving, pollution-reducing vehicles.

Key Points: 
  • The growing adoption of EVs among consumers has helped boost the market for these energy-saving, pollution-reducing vehicles.
  • A report from MarketsAndMarkets said that the global lithium-ion battery market size is projected to grow from USD 41.1 billion in 2021 to USD 116.6 billion by 2030; it is expected to grow at a CAGR of 12.3% from 2021 to 2030.
  • The primary component of any lithium-ion battery is the cell, which accounts for almost 50% of its cost; electronics, assembly, and packaging account for the rest.
  • According to General Motors Company (US), the cost of a cell is expected to drop to USD 100 per kWh by 2021.

Global Lithium-ion Battery Recycling Market Research Report (2021 to 2026) - by End-user and Region - ResearchAndMarkets.com

Retrieved on: 
Friday, July 23, 2021
Energy, Other Energy, Environment, Chemistry, Physical sciences, Chemical elements, Lithium-ion batteries, Lithium, Electric battery, Battery recycling, Recycling, Cobalt, Lithium batteries in China, Electric vehicle battery

What are the inhibiting factors and impact of COVID-19 shaping the Global Lithium-ion Battery Recycling Market during the forecast period?

Key Points: 
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Lithium-ion Battery Recycling Market during the forecast period?
  • Which are the products/segments/applications/areas to invest in over the forecast period in the Global Lithium-ion Battery Recycling Market?
  • What is the market share of the leading vendors in the Global Lithium-ion Battery Recycling Market?
  • What modes and strategic moves are considered suitable for entering the Global Lithium-ion Battery Recycling Market?

Battery Tech is Evolving from EV's to Electronic Devices to Space - Safety Concerns Drive Future Innovation

Retrieved on: 
Thursday, July 22, 2021
Battery electricity), Battery types, Chemical elements, Lithium-ion batteries, Lithium, Lithium battery, Electric battery, Electric vehicle battery, Lithium batteries in China

In a report on the global lithium battery market , Reportlinker said, "Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market.

Key Points: 
  • In a report on the global lithium battery market , Reportlinker said, "Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market.
  • KULR Technology Group Inc. (NYSE American: KULR), a leading developer of next-generation lithium-ion battery safety and thermal management technologies believes they have a solution.
  • From the news: The Company develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems.
  • On June 30, 2021, KULR shared its breakthrough recycling and prototype battery transportation solutions with industry and government leaders at the 11th Annual Battery Safety Summit.

OneD Battery Sciences Taps Marketing Industry Veteran Steven Addis as Chief Marketing Officer

Retrieved on: 
Wednesday, July 21, 2021
Electric vehicle battery, Electric vehicle, Energy

PALO ALTO, Calif., July 21, 2021 /PRNewswire/ --OneD Battery Sciences (OneD), leaders in silicon technologies for electric vehicle (EV) batteries, today announced the hire of marketing industry veteran, Steven Addis, as Chief Marketing Officer.

Key Points: 
  • PALO ALTO, Calif., July 21, 2021 /PRNewswire/ --OneD Battery Sciences (OneD), leaders in silicon technologies for electric vehicle (EV) batteries, today announced the hire of marketing industry veteran, Steven Addis, as Chief Marketing Officer.
  • "I am incredibly excited to join OneD as the company aims to redefine the EV battery.
  • The opportunity to lead not only an education campaign, but a true shift in consumer understanding of the electric vehicle, is one I commit to wholeheartedly," said Steven Addis, CMO of OneD Battery Sciences.
  • Consumers are embracing the value of EVs and putting pressure on OEMs to deliver quickly," said Vincent Pluvinage, CEO of OneD Battery Sciences.

TCC Completes Italy-based NHOA Acquisition and Enters Global Energy Storage and Charging Infrastructure Market with Stellantis

Retrieved on: 
Wednesday, July 21, 2021
Energy, Electric vehicles, Articles, Renewable energy, Smart grid, Electric vehicle, Energy storage, Charging station, Sustainable development, Lithium-ion battery, Electric car, Electric vehicle battery

TAIPEI, July 21, 2021 /PRNewswire/ -- Taiwan Cement Corp. (TCC Group) announced its subsidiary, Taiwan Cement Europe Holdings BV (TCEH), has finalized the acquisition of 60.48% share of Italy-based energy storage company ENGIE EPS SA on July 20, 2021 at a price of EUR17.10 per share and a total investment of EUR132 million. The new company name, New HOrizons Ahead (NHOA), has also came into effect. According to Bloomberg New Energy Finance (BNEF), after the acquisition of NHOA, NHOA TCC will be in fourth place in the global energy storage power output, and become a major supplier of high-end electric vehicle (EV) charging infrastructure. TCC Chairman Nelson Chang values the acquisition and has led a team of top management to Italy for the official closing of the transaction and to convene the first board meeting. Through this acquisition, TCC Group will be the only group in Taiwan to have in-house R&D, manufacturing and managing capabilities of green energy, battery cell, energy storage, and EV fast charge infrastructure. Furthermore, NHOA has a joint venture with the world's fourth largest automaker, Stellantis (i.e. Free2Move eSolutions) and has been actively expanding the deployment of Southern Europe's largest EV fast charging infrastructure that includes bi-directional vehicle-to-grid (V2G) technology. Through such energy storage technology, Free2Move eSolutions has been building the largest virtual power plant in Southern Europe.

Key Points: 
  • According to Bloomberg New Energy Finance (BNEF), after the acquisition of NHOA, NHOA TCC will be in fourth place in the global energy storage power output, and become a major supplier of high-end electric vehicle (EV) charging infrastructure.
  • Through this acquisition, TCC Group will be the only group in Taiwan to have in-house R&D, manufacturing and managing capabilities of green energy, battery cell, energy storage, and EV fast charge infrastructure.
  • According to BNEF data, the global energy storage market value will grow from US$180 million in 2020 to US$160 billion in 2030.
  • NHOA is an Italy-based France-listed energy storage company with world-leading battery energy storage system (BESS) technologies and advanced EV fast charging infrastructure and smart grid technologies.

TCC Completes Italy-based NHOA Acquisition and Enters Global Energy Storage and Charging Infrastructure Market with Stellantis

Retrieved on: 
Wednesday, July 21, 2021
Energy, Electric vehicles, Articles, Renewable energy, Smart grid, Electric vehicle, Energy storage, Charging station, Sustainable development, Lithium-ion battery, Electric car, Electric vehicle battery

TAIPEI, July 21, 2021 /PRNewswire/ -- Taiwan Cement Corp. (TCC Group) announced its subsidiary, Taiwan Cement Europe Holdings BV (TCEH), has finalized the acquisition of 60.48% share of Italy-based energy storage company ENGIE EPS SA on July 20, 2021 at a price of EUR17.10 per share and a total investment of EUR132 million. The new company name, New HOrizons Ahead (NHOA), has also came into effect. According to Bloomberg New Energy Finance (BNEF), after the acquisition of NHOA, NHOA TCC will be in fourth place in the global energy storage power output, and become a major supplier of high-end electric vehicle (EV) charging infrastructure. TCC Chairman Nelson Chang values the acquisition and has led a team of top management to Italy for the official closing of the transaction and to convene the first board meeting. Through this acquisition, TCC Group will be the only group in Taiwan to have in-house R&D, manufacturing and managing capabilities of green energy, battery cell, energy storage, and EV fast charge infrastructure. Furthermore, NHOA has a joint venture with the world's fourth largest automaker, Stellantis (i.e. Free2Move eSolutions) and has been actively expanding the deployment of Southern Europe's largest EV fast charging infrastructure that includes bi-directional vehicle-to-grid (V2G) technology. Through such energy storage technology, Free2Move eSolutions has been building the largest virtual power plant in Southern Europe.

Key Points: 
  • According to Bloomberg New Energy Finance (BNEF), after the acquisition of NHOA, NHOA TCC will be in fourth place in the global energy storage power output, and become a major supplier of high-end electric vehicle (EV) charging infrastructure.
  • Through this acquisition, TCC Group will be the only group in Taiwan to have in-house R&D, manufacturing and managing capabilities of green energy, battery cell, energy storage, and EV fast charge infrastructure.
  • According to BNEF data, the global energy storage market value will grow from US$180 million in 2020 to US$160 billion in 2030.
  • NHOA is an Italy-based France-listed energy storage company with world-leading battery energy storage system (BESS) technologies and advanced EV fast charging infrastructure and smart grid technologies.

Enovix Awarded Contract to Demonstrate Advanced 3D Silicon™ Lithium-ion Batteries for U.S. Army

Retrieved on: 
Thursday, July 15, 2021
Battery electricity), Battery types, Lithium-ion batteries, Electric battery, Lithium, Nanodot, Electric vehicle battery

FREMONT, Calif., July 15, 2021 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced a contract award with General Technical Services under DOTC-17-01-INIT1218 Advanced Power Systems Technologies with the Department of Defense to demonstrate safe and efficient advanced lithium-ion battery technology to the U.S. Army.

Key Points: 
  • FREMONT, Calif., July 15, 2021 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced a contract award with General Technical Services under DOTC-17-01-INIT1218 Advanced Power Systems Technologies with the Department of Defense to demonstrate safe and efficient advanced lithium-ion battery technology to the U.S. Army.
  • The application for the Enovix batteries is the WarFighter centralized power source, used to power worn and carried equipment within the soldier ensemble.
  • Enovix believes that the total U.S. wearable military battery market is approximately $350M annually based on currently established military programs.
  • Enovix is developing batteries that can provide almost double the run-time in the same size and weight.

Statement from Battery Council International on New DOE "Long Duration Storage Shot" Program

Retrieved on: 
Wednesday, July 14, 2021
Battery electricity), Battery types, Rechargeable batteries, Sulfuric acid, Lead–acid battery, Battery Council International, Electric battery, Energy storage, Battery recycling, Electric vehicle battery

Battery Council International Executive Vice President Roger Miksad offered the following statement:

Key Points: 
  • Battery Council International Executive Vice President Roger Miksad offered the following statement:
    The lead battery industry is an important partner in a suite of energy storage technologies to strengthen the grid.
  • "The lead battery industry looks forward to working with Secretary Granholm and the DOE to achieve the bold goals set within the Long Duration Storage Shot program.
  • About Battery Council International Battery Council International is the North American trade association representing lead battery manufacturing, supply, recycling and distribution companies.
  • The initiative is supported by the global trade association that represents the lead battery and recycling industries, Battery Council International .

Advanced Silicon Battery Company Enovix Corporation and Rodgers Silicon Valley Acquisition Corp. Announce Closing of Business Combination; Enovix to trade on Nasdaq under ticker “ENVX” on July 15

Retrieved on: 
Wednesday, July 14, 2021
Battery electricity), Battery types, Lithium-ion batteries, Rechargeable batteries, Electric battery, Lithium, Nanowire battery, Electric vehicle battery

Since its founding in 2007, Enovix has been working on the dual challenges of designing and manufacturing better batteries.

Key Points: 
  • Since its founding in 2007, Enovix has been working on the dual challenges of designing and manufacturing better batteries.
  • We are focused on producing the first advanced silicon-anode lithium-ion battery for mass-market applications from our U.S. manufacturing facility.
  • Simply put, the world needs a better battery and we look forward to powering the industries of the future.
  • Developing and manufacturing a 100% active silicon anode has long been a goal of the battery industry because it dramatically increases performance.