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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

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Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. Since 2017 Farasis has regularly ranked first in terms of shipments of NCM-based Li-ion pouch cells to the Chinese automotive market.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. NOVONIX Anode Materials LLC, a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017.

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DOE CEMAC report examines US opportunities in automotive Li-ion batteries

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With increasing demand for electric and hybrid electric vehicles and with lithium-ion battery (LIB) producers locating in close proximity to automotive manufacturers, the United States has an opportunity in automotive LIBs under certain conditions, according to a new 2 15osti/63354.pdf">report billion by 2020.

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Nth Cycle says its electroextraction tech significantly reduces transportation costs for Li-ion battery recycling

Charged EVs

We started the company in 2017. That’s really how our technology differs from the hydro and pyro, and helps us get to those very little operating costs, because our only input is a very low level of electricity that can come from a hundred percent renewable, versus the high chemical and energy use of the other two.

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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

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MD/HD HEV Truck Sales as percentage of ICE trucks, World Markets: 2011 and, 2017. million by 2017. million by 2017. In the United States, trucks represent approximately 13% of the total fleet market (in number of vehicles). between 2011 and 2017 to reach 100,746 trucks, or about 2.1% Source: Pike Research.

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PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

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PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. Additional capacity investments beyond those recently announced by battery manufacturers will be required to avoid a Li-Ion battery shortfall of 30% by 2017. Click to enlarge. Earlier post.).

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Li-ion battery maker CATL opens its first North American sales and service facility

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Ltd ( CATL ), a leading global supplier and manufacturer of lithium-ion battery products for electric vehicles (EVs) and energy storage facilities, is renewing its commitment to the US market by opening its first North American sales and service facility. GWh shipped in 2017. Contemporary Amperex Technology Co.

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