LFP

Stryten Energy Launches New Line of Lithium Batteries at MODEX 2024

Retrieved on: 
Monday, March 11, 2024

Atlanta, Georgia, March 11, 2024 (GLOBE NEWSWIRE) -- Stryten Energy LLC, a U.S.-based energy storage solutions provider, will launch the M-Series Li600, a new line of Class I, II and III lithium batteries, at MODEX 2024 in Atlanta.

Key Points: 
  • Atlanta, Georgia, March 11, 2024 (GLOBE NEWSWIRE) -- Stryten Energy LLC, a U.S.-based energy storage solutions provider, will launch the M-Series Li600, a new line of Class I, II and III lithium batteries, at MODEX 2024 in Atlanta.
  • Visitors to Stryten Energy’s Booth #B1813 will see:
    Lithium and Advanced Lead Batteries:
    New M-Series Li600 Class I, II and III Lithium Solutions:
    The Li600 is based on lithium iron phosphate (LFP) chemistry.
  • Stryten Energy inCOMMAND™ is an energy performance management software tool that makes it easy to design and deploy web-connected battery and charger solutions.
  • “At Stryten Energy, we understand the dynamic needs of today’s material handling industry,” said Matt Gould, Vice President of Industrial Sales and Service at Stryten Energy.

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

Retrieved on: 
Monday, March 4, 2024

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

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.

Fundamentals of Grid Batteries Course: Valuation, Design, Procurement, and Operations (Houston, United States - April 2-3, 2024) - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024

The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.
  • The instructor runs a consulting practice and has many examples of the items in the training to show.
  • Where applicable the Acelerex Grid Analytics planning tools will be used for examples for BESS modeling and simulations.
  • Available financing options for ESS plants with application mapping - added with case studies - for utilities, commercial industrial, and residential.

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

Retrieved on: 
Wednesday, February 21, 2024

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

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:

BLUETTI Launches SwapSolar on Indiegogo, Transforming Outdoor Experience

Retrieved on: 
Wednesday, February 21, 2024

BLUETTI, a leading innovator in green energy storage solutions, announces the official launch of its ground-breaking SwapSolar ecosystem on Indiegogo on February 21 at CET 3 pm.

Key Points: 
  • BLUETTI, a leading innovator in green energy storage solutions, announces the official launch of its ground-breaking SwapSolar ecosystem on Indiegogo on February 21 at CET 3 pm.
  • Debuted at CES 2024, SwapSolar introduces the world's first LFP-powered MultiCooler portable fridge and the AC180T hot-swappable battery power station, redefining convenience and functionality for outdoor enthusiasts.
  • View the full release here: https://www.businesswire.com/news/home/20240220126870/en/
    James Ray, BLUETTI's spokesperson, captures the essence of SwapSolar: "We want users to savor the joy of outdoor life.
  • BLUETTI offers a 5-year warranty for the AC180T and a 2-year warranty for the MultiCooler.

Global Electric Vehicles Battery Recycling Market Report 2024: Growth Forecasted at 25.8% CAGR Through 2031

Retrieved on: 
Thursday, March 7, 2024

This broader utilization is expected to contribute to the sustained growth of the Lithium Iron Phosphate battery chemistry segment in the EV Battery Recycling Market.

Key Points: 
  • This broader utilization is expected to contribute to the sustained growth of the Lithium Iron Phosphate battery chemistry segment in the EV Battery Recycling Market.
  • Therefore, the use of lithium-ion battery in commercial vehicles will increase and it is expected to drive the EV Battery Recycling Market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the EV Battery Recycling Market across varied regions.
  • Electric Vehicle Battery Recycling Market Snapshot: 2022 vs. 2031
    Electric Vehicle Battery Recycling Market, by Region - Europe to Register Highest CAGR During Forecast Period
    Electric Vehicle Battery Recycling Market, by Battery Chemistry - LFP Segment to Register Highest CAGR During Forecast Period

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

Retrieved on: 
Thursday, March 7, 2024

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

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.