Lithium batteries in China

ABTC CEO Ryan Melsert to Present at TD Cowen's Sustainability Week to Provide Updates and Showcase Efforts Driving Sustainable Solutions for a Domestic Battery Supply Chain

Retrieved on: 
Monday, June 5, 2023
Lithium, Fireside chats, American Battery Technology Company, TD, Research, Sustainability, Fireside, ABTC, ESG, Lithium batteries in China

This year's virtual conference will feature a Fireside Chat with ABTC's Melsert hosted by TD Cowen's equity research analyst and managing director of Sustainability & Energy Transition, David Deckelbaum.

Key Points: 
  • This year's virtual conference will feature a Fireside Chat with ABTC's Melsert hosted by TD Cowen's equity research analyst and managing director of Sustainability & Energy Transition, David Deckelbaum.
  • The Fireside Chat with Melsert is scheduled for 2:20-2:50 PM EST on Tuesday, June 6, 2023.
  • ABTC will participate in the "Lithium, battery technologies & electric vehicle charging" section of the event.
  • For those interested in arranging a one-on-one meeting with American Battery Technology Company, please contact your TD Cowen representative.

Genesis Electronics Group Hires Tony Petraborg as Lead Mechatronics, Battery and Integration Engineer In the Production of Glīd Vehicles

Retrieved on: 
Wednesday, April 12, 2023
Aviation, Electronics, Lake City, Faraday Future, Organization, Systems integrator, Lithium batteries in China, Sikorsky, Growth, Transport, Renewable energy, Bombardier, Boeing, Airbus

Salt Lake City, UT, April 12, 2023 (GLOBE NEWSWIRE) -- Genesis Electronics Group Hires Tony Petraborg as Lead Mechatronics, Battery and Integration Engineer In the Production of Glīd Vehicles

Key Points: 
  • Salt Lake City, UT, April 12, 2023 (GLOBE NEWSWIRE) -- Genesis Electronics Group Hires Tony Petraborg as Lead Mechatronics, Battery and Integration Engineer In the Production of Glīd Vehicles
    Salt Lake City, UT – April 12, 2023 – Genesis Electronics Group, Inc. (GEGI), the maker of the autonomous road-to-rail patent-pending shipping technology Glīd, today announced that it has hired Tony Petraborg as a lead mechatronics, battery and integration engineer for the buildout of Its Glīders.
  • He served as the Principal Engineer at Romeo Power and Faraday Future in charge of battery systems and designs.
  • “Decarbonizing intermodal transportation is one of the most important forces of our lifetime,” said Kevin Damoa, CEO of Genesis Electronics.
  • The hiring of Tony Petraborg and recently Jarod Doran is a direct step toward the execution of those goals and the Company’s plans.

The Worldwide Lithium-Ion Battery Anode Industry is Expected to Reach $21 Billion by 2026 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 3, 2021
Engineering, Chemicals, Plastics, Other Manufacturing, Manufacturing, Battery electricity), Lithium-ion batteries, Chemistry, Physical sciences, Lithium, Electric battery, Lithium batteries in China, Lithium metal battery

The global lithium-ion battery anode market size is projected to grow from USD 8.4 billion in 2021 to USD 21.0 billion by 2026, at a CAGR of 19.9% from 2021 to 2026.

Key Points: 
  • The global lithium-ion battery anode market size is projected to grow from USD 8.4 billion in 2021 to USD 21.0 billion by 2026, at a CAGR of 19.9% from 2021 to 2026.
  • Moreover, strategies such as agreements and plant expansions undertaken by several prominent players in the lithium-ion battery anode industry are further fueling the lithium-ion battery anode industry growth across the globe.
  • Asia Pacific is projected to account for the largest share lithium-ion battery anode market during the forecast period.
  • The Asia Pacific region is expected to lead the lithium-ion battery anode industry from 2021 to 2026 in terms of both value and volume.

Global Lithium-Ion Battery Anode Market (2021 to 2026) - Increasing Adoption of Lithium-Ion Batteries in New Applications Presents Opportunities

Retrieved on: 
Tuesday, August 3, 2021
Battery electricity), Battery types, Lithium-ion batteries, Lithium, Rechargeable batteries, Electric battery, Lithium batteries in China, Environmental impacts of lithium-ion batteries

The growing demand for electric vehicles along with the high demand for lithium-ion batteries for industrial applications is driving the market growth.

Key Points: 
  • The growing demand for electric vehicles along with the high demand for lithium-ion batteries for industrial applications is driving the market growth.
  • Moreover, strategies such as agreements and plant expansions undertaken by several prominent players in the lithium-ion battery anode industry are further fueling the lithium-ion battery anode industry growth across the globe.
  • Asia Pacific is projected to account for the largest share lithium-ion battery anode market during the forecast period.
  • The increasing purchasing power of the population has stimulated the demand for consumer electronics and automobiles, creating a need for lithium-ion batteries which in return creates the demand for lithium-ion battery anode.

Lithium Mining Market Expected To Reach $1.8 Billion By 2022, Significantly Growing at a CAGR Of 7.0%

Retrieved on: 
Tuesday, August 3, 2021
Battery electricity), Battery types, Chemistry, Lithium, Lithium-ion batteries, Lithium as an investment, Lithium batteries in China

According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period.

Key Points: 
  • According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period.
  • The growth in the lithium mining market is due to increased use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time.
  • Increasing demand for lithium-ion (Li-ion) batteries in various applications, especially the automotive industry, is expected to augment market growth through 2027, according to Grand View Research.
  • Increasing production of batteries in the U.S. and worldwide is expected to augment market growth in coming years."

Lithium Mining Market Expected To Reach $1.8 Billion By 2022, Significantly Growing at a CAGR Of 7.0%

Retrieved on: 
Tuesday, August 3, 2021
Battery electricity), Battery types, Chemistry, Lithium, Lithium-ion batteries, Lithium as an investment, Lithium batteries in China

PALM BEACH, Fla., Aug. 3, 2021 /PRNewswire/ -- The lithium mining market consists of sales of lithium and its compounds by entities (organizations, sole traders and partnerships) that mine lithium and its compounds, which are used in industrial applications, including heat-resistant glass and ceramics, lithium grease lubricants, flux additives for iron, steel and aluminum production, lithium batteries, and lithium-ion batteries. According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period. The growth in the lithium mining market is due to increased use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time. Increasing demand for lithium-ion (Li-ion) batteries in various applications, especially the automotive industry, is expected to augment market growth through 2027, according to Grand View Research. Their report said that the global lithium market size was valued at USD 4.23 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 1.9% from 2020 to 2027. Active stocks in the mining markets this week include Argentina Lithium & Energy Corp. (OTCQB: PNXLF) (TSX-V: LIT), Millennial Lithium Corp. (OTCQX: MLNLF) (TSX-V: ML), Albemarle Corporation (NYSE: ALB), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE: SLI) (TSX-V: SLI).

Key Points: 
  • According to the Business Research Company, the lithium mining market expected to reach a value of nearly $1.81 billion by 2022, significantly growing at a CAGR of 7.0% during the forecast period.
  • The growth in the lithium mining market is due to increased use of autonomous hauling systems trucks in the mining industry, which is significantly enhancing production efficiency and reducing turnaround time.
  • Increasing demand for lithium-ion (Li-ion) batteries in various applications, especially the automotive industry, is expected to augment market growth through 2027, according to Grand View Research.
  • Increasing production of batteries in the U.S. and worldwide is expected to augment market growth in coming years."

Battery Recycling Market Size to Reach USD 24.57 Billion by 2027 | Innovative Efforts to Enhance the Efficiency of the Recycling Process and Consistent Advancements in the Lithium-Ion Battery Recycling are Some Key Factors Driving Industry Growth, Says Em

Retrieved on: 
Thursday, July 29, 2021
Battery electricity), Battery types, Chemistry, Chemical elements, Lithium-ion batteries, Rechargeable batteries, Battery recycling, Cobalt, Lithium, Electric battery, Electric vehicle battery, Lithium batteries in China

Raw materials such as lithium, nickel, cobalt, and manganese are used in the manufacturing of battery cathodes.

Key Points: 
  • Raw materials such as lithium, nickel, cobalt, and manganese are used in the manufacturing of battery cathodes.
  • These materials are in high demand from the end-user verticals, including consumer electronics, automotive & transportation, and various other industries.
  • Increasing efforts to utilize recycled lithium-ion batteries in electric and hybrid electric vehicles for cost-cutting as well as preservation of natural resources will reinforce battery recycling market trends through 2028.
  • For the purpose of this report, Emergen Research has segmented the global battery recycling market on the basis of type, processing state, application, and region:

Battery Recycling Market Size to Reach USD 24.57 Billion by 2027 | Innovative Efforts to Enhance the Efficiency of the Recycling Process and Consistent Advancements in the Lithium-Ion Battery Recycling are Some Key Factors Driving Industry Growth, Says Em

Retrieved on: 
Thursday, July 29, 2021
Battery electricity), Battery types, Chemistry, Chemical elements, Lithium-ion batteries, Rechargeable batteries, Battery recycling, Cobalt, Lithium, Electric battery, Electric vehicle battery, Lithium batteries in China

Raw materials such as lithium, nickel, cobalt, and manganese are used in the manufacturing of battery cathodes.

Key Points: 
  • Raw materials such as lithium, nickel, cobalt, and manganese are used in the manufacturing of battery cathodes.
  • These materials are in high demand from the end-user verticals, including consumer electronics, automotive & transportation, and various other industries.
  • Increasing efforts to utilize recycled lithium-ion batteries in electric and hybrid electric vehicles for cost-cutting as well as preservation of natural resources will reinforce battery recycling market trends through 2028.
  • For the purpose of this report, Emergen Research has segmented the global battery recycling market on the basis of type, processing state, application, and region:

Kelly Kay Joins Board of Directors at Lithium-Ion Battery Recycling and Manufacturing Startup, Battery Resourcers

Retrieved on: 
Tuesday, July 27, 2021
Battery electricity), Battery types, Lithium-ion batteries, Battery recycling, Electric battery, Rechargeable batteries, Lithium, Lithium batteries in China, Environmental impacts of lithium-ion batteries

WORCESTER, Mass., July 27, 2021 /PRNewswire/ -- Battery Resourcers , a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the appointment of Kelly Kay to its board of directors.

Key Points: 
  • WORCESTER, Mass., July 27, 2021 /PRNewswire/ -- Battery Resourcers , a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the appointment of Kelly Kay to its board of directors.
  • "This is pivotal moment for Battery Resourcers as we work to scale up and commercialize our technology," said Mike O'Kronley, CEO and Director of Battery Resourcers.
  • Based in Worcester, Mass., Battery Resourcers operates the world's most efficient lithium-ion battery recycling process.
  • Unlike other battery recycling companies, Battery Resourcers offers a fundamentally new approach to lithium-ion battery manufacturing, starting with a mixed stream of used lithium-ion batteries or production scrap and ending with the production of finished, battery-ready cathode active materials.

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.