A123 Systems

Wildcat announces Jack Leunig and Larry Beck to advance manufacturing strategy

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Wednesday, March 13, 2024
DRX, Compass Minerals, Science, Johns Manville, Leunig, SAN, SVP, Honeywell, Doctor of Philosophy, LFP, A123 Systems, Senior advisor, AlliedSignal, Great Lakes Chemical Corporation, Engineering, Electric battery

SAN DIEGO, March 13, 2024 /PRNewswire/ -- Battery materials pioneer Wildcat Discovery Technologies today announced two renowned chemical materials production leaders to advance the scale-up and operations of the company's new manufacturing capability. Jack Leunig joins as Chief Operating Officer, and Larry Beck has been retained as a Senior Advisor.

Key Points: 
  • Jack Leunig joins as Chief Operating Officer, and Larry Beck has been retained as a Senior Advisor.
  • Wildcat announced in December plans to produce cathode materials in the United States, increasing supply chain stability for customers and bringing more manufacturing capacity and jobs to the U.S.
  • Leunig joins Wildcat with deep operations leadership experience in chemical and materials manufacturing.
  • Wildcat's mission is to produce high-performance U.S.-made cathodes to enable widespread adoption of clean energy, and Jack and Larry bring deep experience to advance our manufacturing strategy," said Wildcat President and CEO Mark Gresser.

Start-stop Battery Market Projected USD 23.30 Billion Growth between 2024 and 2028: Market to focus on Fuel Efficiency and Advanced Technologies - Technavio

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Friday, February 2, 2024
Competitive landscape, Growth, Continental AG, USD, Ecosystem, Berkshire Hathaway, Paris Agreement, EVS, A123 Systems, Battery

The market is experiencing a surge in demand driven by declining lithium-ion battery prices, a growing emphasis on fuel efficiency, and advancements in battery technologies.

Key Points: 
  • The market is experiencing a surge in demand driven by declining lithium-ion battery prices, a growing emphasis on fuel efficiency, and advancements in battery technologies.
  • Growth Drivers: The market's expansion is propelled by the increasing focus on fuel efficiency in vehicles.
  • Challenges: A significant challenge confronting market growth is the high cost associated with manufacturing advanced start-stop batteries.
  • The E-bike battery market size is forecast to increase by USD 2.12 billion and is estimated to grow at a CAGR of 6.46% between 2022 and 2027.

Lithium-ion Battery Market size to grow by USD 198.26 billion from 2022 to 2027|APAC is estimated to account for 51% of the global market growth- Technavio

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Friday, November 17, 2023
Pressure, Exide Industries, EVS, Hitachi, Recycling, Investment, Cobalt, Electronics, Government, A123 Systems, Mining, LG Chem, USD, Manganese, BYD, Nickel, Geography, Growth, Family, Lithium, GHG, Johnson Controls, TDK, Tesla, Inc., Legislation, Retail, Electric battery

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The global lithium-ion battery market size is estimated to grow by USD 198.26 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The global lithium-ion battery market size is estimated to grow by USD 198.26 billion from 2022 to 2027, according to Technavio.
  • APAC is estimated to account for 51% of the global market growth during the forecast period.
  • The growing popularity of fuel cell solutions is a major challenge hindering the global lithium-ion battery market growth.
  • The train battery market is estimated to grow at a CAGR of 5.45% between 2022 and 2027.

Lithium-ion Battery Market size to grow by USD 198.26 billion from 2022 to 2027|A123 Systems LLC, AT and T Inc., BAK Power, BYD Co. Ltd. and more among the key companies- Technavio

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Thursday, November 9, 2023
Hitachi, LG Chem, TDK, BYD, Exide Industries, Mining, Government, Family, Pressure, Legislation, Johnson Controls, Nickel, Geography, Cobalt, Manganese, Growth, Lithium, Tesla, Inc., A123 Systems, AT, GHG, Electronics, Recycling, USD, EVS, Investment, Retail, Electric battery

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The global lithium-ion battery market size is estimated to grow by USD 198.26 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The global lithium-ion battery market size is estimated to grow by USD 198.26 billion from 2022 to 2027, according to Technavio.
  • Buy Now
    The augmented demand for consumer electronics is a major driver for the growth of the lithium-ion battery market during the forecast period.
  • The growing popularity of fuel cell solutions is a major challenge hindering the global lithium-ion battery market growth.
  • The train battery market is estimated to grow at a CAGR of 5.45% between 2022 and 2027.

Power Tool Batteries Market to grow at a CAGR of 10.91% from 2021 to 2026|A123 Systems LLC, AEG Tools, ANDREAS STIHL AG and Co. KG, and more to emerge as key players -Technavio

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Tuesday, July 18, 2023
Husqvarna Group, Urbanization, BYD Company, Ingersoll Rand, Cadmium, Stanley Black, Electronics, Nickel–cadmium battery, USD, A123 Systems, DIY, Snap-on, Developed country, Growth, LG Chem, Retail, Electric battery, Mobile phone, Geography

Furthermore, the use of portable power tools, which include drilling machines and nail guns, offers various benefits to consumers.

Key Points: 
  • Furthermore, the use of portable power tools, which include drilling machines and nail guns, offers various benefits to consumers.
  • Major Trends- Li-ion batteries replacing NiCd technology in power tool batteries is a major trend in the market.
  • Significant Challenges- The high cost of power tool batteries equipment is one of the significant factors restricting market growth.
  • The battery technology in power tool batteries is the major reason for the high cost of the power tool.

Sepion Technologies Appoints Dr. Brian C. Sisk as CTO to Drive Product Development and Partnerships

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Tuesday, May 2, 2023
Automotive, Automotive Manufacturing, EV, Electric Vehicles, Technology, Batteries, Manufacturing, Hardware, BS, Doctor of Philosophy, Dundee Cell Products, Sherlock Automated Design Analysis, California Institute for Telecommunications and Information Technology, MHEV, A123 Systems, SUV, R1T, EVS, Amazon, Ballarat Energy Storage System, Algorithm, Knowledge, Growth, Entrepreneurship, Cell engineering, Lithium, Electric battery, California Institute of Technology, Sisk, Western Kentucky University, Chemistry, Rivian, A123

In this role, Sisk will oversee Sepion's battery materials development, cell engineering, and strategic partnerships.

Key Points: 
  • In this role, Sisk will oversee Sepion's battery materials development, cell engineering, and strategic partnerships.
  • Prior to Rivian, Sisk served as Vice President of Cell Product Development at A123 Systems where he contributed to the company's market leadership for low-voltage 48V and 12V automotive batteries.
  • "I am excited to join Sepion Technologies and work with the accomplished team here to drive innovation and bring new products to market," noted Sisk.
  • For more information about Sepion Technologies, visit its website at Sepiontechnologies.com or on LinkedIn and Twitter .

Global Electric Vehicle (EV) Battery Market to Grow by $53.6 Billion During 2023-2027 - ResearchAndMarkets.com

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Wednesday, April 26, 2023
Technology, Batteries, EV, Electric Vehicles, Automotive, Hitachi, Clario Tech, Lithium iron phosphate battery, Research, BYD, A123 Systems, Exide Industries, EnerSys, BMS, Cummins, LG Chem, SK Innovation, Software, Retail

This study identifies the increasing use of software and sensors for intelligent BMS as one of the prime reasons driving the electric vehicle (EV) battery market growth during the next few years.

Key Points: 
  • This study identifies the increasing use of software and sensors for intelligent BMS as one of the prime reasons driving the electric vehicle (EV) battery market growth during the next few years.
  • Also, EV charging with V2G technology and revision in safety standards of lithium-ion batteries will lead to sizable demand in the market.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Marques McCammon Appointed President of Karma Automotive

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Monday, April 24, 2023
Japan Automotive Hall of Fame, Wanxiang, ASC, Ricardo, University, University of Michigan–Dearborn, Marketing, Automotive Hall of Fame, North Carolina A&T State University, Saleen, SRT, McCammon, History, A123 Systems, Tiger Global Management, Mercedes-Benz Group, Karma Automotive, Engineering, Intel, Marques, Transport, Chrysler, Management, Automotive industry, Aptera

IRVINE, Calif., April 24, 2023 /PRNewswire/ -- Karma Automotive, the Southern California-based manufacturer of ultra-luxury electric vehicles, has named long-time automotive executive Marques McCammon as President. McCammon most recently served as Global Managing Director for Ricardo, Inc., an international environmental, engineering and strategic transportation company.

Key Points: 
  • IRVINE, Calif., April 24, 2023 /PRNewswire/ -- Karma Automotive, the Southern California-based manufacturer of ultra-luxury electric vehicles, has named long-time automotive executive Marques McCammon as President.
  • McCammon most recently served as Global Managing Director for Ricardo, Inc., an international environmental, engineering and strategic transportation company.
  • McCammon has spent three decades in the transportation industry, specializing in product development and advanced automotive software, manufacturing, marketing, sales and strategic leadership.
  • "I told my first recruiter at Chrysler that my career goal was to run a start-up auto company," says McCammon.

Lithium Iron Phosphate Batteries Global Market Report 2023

Retrieved on: 
Friday, March 10, 2023
Lithium, Reliance, A123 Systems, LFP, Lithium iron phosphate battery, SUN Group, International Energy Agency, Bev, Geography, Growth, Carbon, Cobalt, Valence Technology, Silicon, Mah, Organization, China Sun Group High-Tech, COVID-19, Sale, IEA, BYD Company, Electric battery, USD

The global lithium iron phosphate battery market grew from $7.59 billion in 2022 to $8.28 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%.

Key Points: 
  • The global lithium iron phosphate battery market grew from $7.59 billion in 2022 to $8.28 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%.
  • The lithium iron phosphate batteries market consists of sales of portable and stationary lithium iron phosphate batteries.Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
  • The regions covered in the lithium iron phosphate batteries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
  • The lithium iron phosphate batteries market research report is one of a series of new reports that provides lithium iron phosphate batteries market statistics, including lithium iron phosphate batteries industry global market size, regional shares, competitors with a lithium iron phosphate batteries market share, detailed lithium iron phosphate batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium iron phosphate batteries industry.

Former Vertiv CEO Rob Johnson Joins G2 Venture Partners as Operating Partner

Retrieved on: 
Thursday, March 9, 2023
Professional Services, Business, Technology, Other Technology, Finance, Asset Management, Fintech, Season, Schneider Electric, A123 Systems, Partner, VRT, NYSE, G2, Growth, APC by Schneider Electric, Kleiner Perkins, Sale, APC, Fine chemical

Today G2 Venture Partners , a venture capital firm investing in technology companies at their inflection points to build a sustainable future announced the hiring of Rob Johnson.

Key Points: 
  • Today G2 Venture Partners , a venture capital firm investing in technology companies at their inflection points to build a sustainable future announced the hiring of Rob Johnson.
  • Rob joins G2 after six years as Chief Executive Officer of Vertiv (NYSE: VRT).
  • Before joining Vertiv, Rob was an Operating Partner at venture capital firm Kleiner Perkins from 2014 to 2016, where he worked closely with the G2 team.
  • “Rob’s deep industry knowledge and experience will be invaluable to our portfolio companies as they grow into the next generation of sustainability leaders,” said Ben Kortlang, founding Partner at G2 Venture Partners.