NMC

Beam Global Granted European Patent for Thermal Management Technology that Makes Lithium-ion Batteries Safer

Retrieved on: 
Thursday, February 22, 2024
EVS, SAN, Reuters, Bev, EV, BEV, Chemistry, Temperature, Transport, Battery pack, Beam Suntory, NMC, Cell, International Energy Agency, BMS, European, Safety, Patent, Automation, IP, PCM, Beam, European Patent Convention, Rail transport

The European Patent Office granted European Patent No.

Key Points: 
  • The European Patent Office granted European Patent No.
  • We now have various patents covering our battery technology and innovations in the US, China, the European Union, France, Germany and India,” said Desmond Wheatley, Beam Global’s CEO.
  • Beam Global’s patented battery solutions are designed to make this dominant technology safer.
  • Early 2024 data shows global EV sales up 69% in January 2024 compared to January 2023.

24M Introduces Liforever™— Direct-Material Recycling Process for SemiSolid™ Lithium-Ion Batteries

Retrieved on: 
Monday, March 4, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Automotive, Automotive Manufacturing, Alternative Energy, Manufacturing, Energy, Batteries, Hardware, 24M, Nickel, NCA, Multimedia, Chemistry, ESS, NMC, LFP, Metal, AABC, Cobalt, Graphite, Resilience, Longevity, Operational transformation, Recycling, Manganese, Electric battery

Unique to the 24M SemiSolid™ battery manufacturing platform, Liforever™ is a direct material recycling methodology for EV and ESS batteries.

Key Points: 
  • Unique to the 24M SemiSolid™ battery manufacturing platform, Liforever™ is a direct material recycling methodology for EV and ESS batteries.
  • View the full release here: https://www.businesswire.com/news/home/20240304660005/en/
    The 24M Liforever™ direct material recycling process for EV and ESS batteries reduces the environmental impact of lithium-ion batteries by making it efficient and cost-effective to recover and reuse battery materials, including lithium iron phosphate or LFP, both in process and at end-of-life.
  • (Photo: Business Wire)
    “Better battery recycling is essential for a sustainable energy future, but the use of binders in conventional cell production has made direct recycling impractical,” said 24M CEO Naoki Ota.
  • And because the 24M SemiSolid™ process is chemistry agnostic, Liforever™ will support next-generation batteries of all chemistry types building in additional longevity for the technology.

FREYR Battery Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024
Batteries, Other Manufacturing, Alternative Energy, EV, Electric Vehicles, Energy, Automotive, Technology, Manufacturing, Electrode, Battery, Participation, New York Stock Exchange, Investment, Quasi-solid, NMC, LFP, Central European, Automation, Map, Casting, DOE, Kilowatt-hour, Research, Software

FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full year of 2023.

Key Points: 
  • FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full year of 2023.
  • FREYR expects to commence production of functional battery cells for customer samples using the full automation of the CQP in H1 2024.
  • FREYR reported net loss attributable to stockholders for the fourth quarter of 2023 of $(24.2) million, or $(0.17) per diluted share compared to net income for the fourth quarter 2022 of $25.3 million or $0.20 per diluted share.
  • A presentation will be held today, February 29, 2024, at 8:30 am Eastern Standard Time (2:30 pm Central European Time) to discuss financial results for the fourth quarter and full year 2023.

Chrysler’s Halcyon Concept EV to be powered by Lyten Lithium-Sulfur Batteries

Retrieved on: 
Wednesday, February 28, 2024
Automotive Manufacturing, EV, Electric Vehicles, Consumer Electronics, Automotive, Technology, Manufacturing, Other Transport, Batteries, Transport, General Automotive, Engineering, Nickel, FedEx, Multimedia, Chemistry, Honeywell, Investment, Halcyon, NMC, Entrepreneurship, Carbon, Cobalt, Manganese, Electric battery

Lyten, a supermaterial applications company and the leader in lithium-sulfur battery technology, announces its battery has been selected as the power source for the visionary Chrysler Halcyon Concept.

Key Points: 
  • Lyten, a supermaterial applications company and the leader in lithium-sulfur battery technology, announces its battery has been selected as the power source for the visionary Chrysler Halcyon Concept.
  • The pilot line is producing lithium-sulfur cells in both cylindrical and pouch formats utilizing the same equipment and manufacturing processes as traditional lithium-ion batteries.
  • Lyten has raised more than $410M in funding to date, including investments from Stellantis, FedEx, and Honeywell.
  • Lyten is currently progressing plans for scaled up lithium-sulfur manufacturing to meet demand from the automotive, aerospace, and defense sectors.

South 8 Demonstrates Lithium Nickel Manganese Oxide (LNMO) Battery Electrolyte

Retrieved on: 
Wednesday, February 21, 2024
Technology, Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Automotive Manufacturing, Manufacturing, Alternative Energy, Energy, Batteries, EVS, ARPA, Nickel, OEM, Temperature, NMC, LFP, Safety, Electric battery

South 8 Technologies (“South 8”), the developer of LiGas®, liquefied gas electrolyte for advanced lithium-ion batteries, has demonstrated high performance on cobalt-free, low nickel, and high-energy battery cells designed for next generation electric vehicles (EV).

Key Points: 
  • South 8 Technologies (“South 8”), the developer of LiGas®, liquefied gas electrolyte for advanced lithium-ion batteries, has demonstrated high performance on cobalt-free, low nickel, and high-energy battery cells designed for next generation electric vehicles (EV).
  • One program outcome is to grow EV market share by developing next-generation battery technologies that significantly improve electric vehicle affordability, convenience, reliability, and safety.
  • In the first six months of the three-year effort, South 8 demonstrated world-class performance on 18650 lithium-ion batteries.
  • “LNMO is a future cathode material, promising the safety of LFP (lithium iron phosphate) and energy of NMC (nickel manganese cobalt),” said Cyrus Rustomji, Chief Science Officer of South 8.

Mercedes-Benz Group 2023 Results*: Cash Generation at Work

Retrieved on: 
Thursday, February 22, 2024
Alternative Vehicles, Fuels, EV, Electric Vehicles, Vehicle Technology, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Acquisition, Share repurchase, XEV, Supervisory board, BEV, DPS, Research and development, Investment, Management, Plant, Sale, Earnings per share, Mercedes-Benz Group, NMC, Conference, Earnings, LFP, MMA, CCR, European, PP, PP&E, Mercedes-Benz, Equity, CO2, KPI, Policy, Car, Uncertainty, EPS, Mercedes-Benz Mobility, Annual, Vans, Research, Environment, Pressure, CLA, Automotive industry

Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.

Key Points: 
  • Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.
  • 40 percent dividend payout ratio of Group Net Income, shall be used to fund share buybacks with the purpose of redeeming shares.
  • Group Free Cash Flow of the Industrial Business is seen slightly below the very strong levels from 2023, due to lower EBIT at Cars and Vans and lower CCR at Vans.
  • Link to capital market presentation on full year 2023: group.mercedes-benz.com/results-2023
    Pictures of the Annual Results Conference 2023 will be available here: group-media.mercedes-benz.com
    Further information on Mercedes-Benz Group AG is available at:

IDTechEx: Linking Car Electrification, Battery Chemistries, and Copper Demand

Retrieved on: 
Thursday, March 7, 2024
Copper, Chemistry, Aluminium, Stainless steel, Growth, Electronics, Titanium, NMC, Hydrogen, Cell, LFP, Electricity, Research, Lithium, Electric battery

However, the additional copper required for the ever-growing wire harness is dwarfed by the new copper demand generated through electrification.

Key Points: 
  • However, the additional copper required for the ever-growing wire harness is dwarfed by the new copper demand generated through electrification.
  • IDTechEx's research finds that the average 64kWh battery in a fully electric car requires 25.4kg of copper.
  • This will cause a corresponding increase in copper demand for electric vehicles, as coupled with LFP's higher copper intensity, IDTechEx also expects average battery sizes per vehicle to increase.
  • Electrification and battery chemistry are a significant factor in determining future copper demand from the automotive industry.

IDTechEx: Linking Car Electrification, Battery Chemistries, and Copper Demand

Retrieved on: 
Thursday, March 7, 2024
Copper, Chemistry, Aluminium, Stainless steel, Growth, Electronics, Titanium, NMC, Hydrogen, Cell, LFP, Electricity, Research, Lithium, Electric battery

However, the additional copper required for the ever-growing wire harness is dwarfed by the new copper demand generated through electrification.

Key Points: 
  • However, the additional copper required for the ever-growing wire harness is dwarfed by the new copper demand generated through electrification.
  • IDTechEx's research finds that the average 64kWh battery in a fully electric car requires 25.4kg of copper.
  • This will cause a corresponding increase in copper demand for electric vehicles, as coupled with LFP's higher copper intensity, IDTechEx also expects average battery sizes per vehicle to increase.
  • Electrification and battery chemistry are a significant factor in determining future copper demand from the automotive industry.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.