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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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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. 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 as the official name of its battery joint-venture company.

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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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DOE awards Group14 Technologies $3.96M as Energy Storage Grand Challenge winner; nano-silicon within an engineered carbon scaffold

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Group14 Technologies, a provider of silicon-carbon composite materials for global lithium-ion markets, announced that it has been selected as a winner of the Department Of Energy’s Energy Storage Grand Challenge and will receive a $3.96-million million award.

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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. Earlier post.). Earlier post.).

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Benchmark: lithium has to scale twenty times by 2050; generational challenge for automakers

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The world will need more than twenty times the amount of lithium than was mined last year to meet demand by mid-century, driven by growth in energy storage and electric vehicles, according to new analysis from Benchmark Mineral Intelligence. The long term path for lithium is set, yet the supply chain scaling challenge has just begun.

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Johnson Controls’ 12V Lithium-ion battery for advanced start-stop vehicles debuts in China

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For the first time in China, Johnson Controls unveiled its Lithium-ion automotive battery for Advanced Start-Stop vehicles at Auto Shanghai 2015. liters per 100 km in 2015—a 27% improvement. Johnson Controls says the new technology can increase fuel efficiency by up to 8%. Earlier post.).