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

Green Car Congress

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

Market 418
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POSCO to invest $830M in lithium hydroxide plant in Argentina

Green Car Congress

South Korea-based steelmaker POSCO will invest US$830 million in a lithium hydroxide plant in Argentina. A pilot plant was manufactured in South Korea in 2017 with a capacity of 2,500 tons / year of lithium. The plant will be constructed by the first half of 2024.

Argentina 334
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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

The subsequent production of lithium hydroxide will take place in South Korea. A pilot plant was manufactured in South Korea in 2017 with a capacity of 2,500 tons / year of lithium; this was then brought to and installed in Argentina. POSCO developed its own extraction technology for lithium in 2010.

Argentina 369
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CCM forecasts 5-fold growth in China Li-ion market by 2017 to meet EV demand

Green Car Congress

Growing demand for electric vehicles (EVs) in China is triggering an explosion of investment in the lithium-ion battery industry, with China’s production of power lithium-ion batteries set to jump 400% by 2017, according to market research firm CCM.

Li-ion 150
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Roskill is an international metals and minerals market research firm. Combined, this additional capacity totals just under 100,000 tpy LCE, enough to meet forecast demand to 2017. Batteries Forecasts Market Background Materials'

Market 296
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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

Comparatively, EV manufacturing has increased at a faster rate in China, which made up 44% of global EVs manufactured through 2020, up from 36% in 2017. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017. In terms of annual EV production, Europe’s 1.1 million nearly matched China’s 1.27

Global 397
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2017 Hyundai Ioniq preview

Green Car Reports

debut of the 2017 Hyundai Ioniq—a car that tries to cover all of the green-car bases. Previously shown in Hyundai's home market of South Korea, and at the 2016 Geneva Motor Show, the Ioniq has hybrid, plug-in hybrid, and battery-electric powertrain options. The 2016 New York Auto Show marked the U.S.

2017 60