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Stellantis-LG Energy Solution battery joint venture named NextStar Energy; 45 GWh plant in Windsor

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Stellantis and LG Energy Solution announced NextStar Energy Inc. as the official name of its battery joint-venture company. NextStar Energy will be Canada’s first large-scale lithium-ion battery production plant. Stellantis and LG Energy Solution committed to invest more than $5 billion CAD ($4.1

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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

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The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year. Source: DOE.

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Tesla Energy tops list of best energy storage companies

Teslarati

Anyone who’s been following Tesla over the years could state that Tesla Energy typically stays in the background, behind the company’s prolific electric vehicle business. Despite this, as well as delays in some anticipated products like the Solar Roof, Tesla Energy was recently recognized as the market’s top energy storage company today.

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Imec doubles energy density of its solid-state Li-metal batteries to 400 Wh/liter

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Imec, a research and innovation hub in nanoelectronics, digital and energy technologies and partner in EnergyVille—a collaboration between the Flemish research partners KU Leuven, VITO, imec and UHasselt—has developed a solid-state Li-metal battery cell with an energy density of 400 Wh/liter at a charging speed of 0.5C (2 hours).

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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Major solid-state battery players globally.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

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Safran acquires stake in Li-Sulfur battery maker OXIS Energy; OXIS announces two JDAs

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Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. Source: OXIS Energy. First, Safran and OXIS will cooperate on high energy density battery cells for the aviation industry.