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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.

2008 475
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Cummins invests $24M in flow battery leader VoltStorage

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Cummins has invested $24 million in Germany-based VoltStorage, a developer of stationary flow batteries. The company says that it has the largest fleet of operating flow batteries in the world. Headquartered in Munich, VoltStorage was founded in 2016 by Jakob Bitner, Michael Peither and Felix Kiefl. Source: VoltStorage.

Batteries 467
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Meta Materials acquires assets and IP of Optodot; battery separators and coating technology

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Optodot is a developer and licensor of nano-composite battery separators and infrared optical coating technologies, based in Devens, Massachusetts. META’s Advanced Materials and Battery Products group will continue joint development, licensing, and manufacturing scale-up of Optodot’s technology in partnership with leading OEMs.

Batteries 481
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Proterra opens EV battery manufacturing line in electric bus factory

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Proterra has opened a new battery production line co-located in its EV bus manufacturing facility in Los Angeles County. The new battery production line will manufacture Proterra’s battery packs featuring next-generation cells.

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Fortum Battery Recycling exploring new hub devel­opment in Germany

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Fortum Battery Recycling has started to examine the feasibility of installing a production facility for sustainable secondary battery materials in the industrial area of Artern, Thuringia, Germany. The black mass facility will be Fortum Battery Recycling’s second hub in Central Europe.

Germany 195
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Navigant: 2016 advanced battery shipments through Q3 = 323M cells and $3.8B in sales

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According to a new report from Navigant Research, the shipment volume of advanced batteries for the first three quarters of 2016 equates to more than 323.5 million individual battery cells, 16.1 The majority of the advanced batteries in 2016 have been manufactured in Asia Pacific and shipped around the world.

2016 150
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Nikkei study finds Toyota with huge lead in solid-state battery patents

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Nikkei partnered with Tokyo research company Patent Result to analyze solid-state battery patent applications submitted to the World Intellectual Property Organization and another group. The study found that Toyota Motor is by far the leading holder of solid-state battery patents with 1,331 known patents.

Toyota 258