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ICL model predicts lithium-ion batteries most competitive for storage applications by 2030

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levelized cost)—as opposed to the investment cost—of 9 electricity storage technologies for 12 different applications between 2015 and 2050. The model predicts lithium-ion batteries to be the cheapest technology in the coming decades. An open-access paper on their work is published in the journal Joule.

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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 decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume.

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

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as the official name of its battery joint-venture company. NextStar Energy will be Canada’s first large-scale lithium-ion battery production plant. billion USD) to establish automotive battery operations in Windsor, Ontario, with support from the municipal, provincial and federal levels of the Canadian government.

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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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Northvolt acquires US Li-metal battery company Cuberg; next-gen battery cells for electromobility

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European battery-maker Northvolt has acquired Cuberg , a US-based battery technology company delivering high-performance lithium-metal cells produced on existing lithium-ion manufacturing lines for electromobility solutions. Northvolt is a European supplier of sustainable, high-quality battery cells and systems.

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Daimler investing ~€100M in Deutsche ACCUmotive to expand lithium-ion battery system production; stationary storage

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Daimler AG is expanding its production capacities for lithium-ion battery systems with investments of around €100 million (US$125 million) in its Deutsche ACCUmotive subsidiary in coming years. Currently, a new building to be completed by mid-2015 is under construction in Kamenz, Germany. Batteries' Earlier post.).

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Li-ion battery recycling and manufacturing startup Battery Resourcers completes $20M Series B

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The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries—the batteries from approximately 20,000 electric vehicles (EVs) a year. Battery Resourcers was founded in 2015 in Worcester, Mass. as a spinout from the lab of Prof.

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