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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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Enovix Corporation has secured $45 million in new funds to produce and commercialize its 3D Silicon Lithium-ion Battery. Enovix has developed a lithium-ion battery that incorporates a 100% active silicon anode using a patented 3D cell architecture to increase energy density and maintain high cycle life. Source: Enovix.

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Panasonic to increase automotive lithium-ion battery production in Japan

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Panasonic Corporation will start production of automotive lithium-ion batteries at a factory in Himeji, Hyogo Prefecture, expanding domestic production amid increasing demand for such batteries. Panasonic has been building up its production capacity of automotive batteries in Japan, the United States, and China.

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Honeywell and Nexceris to co-develop sensor-based solutions to prevent thermal runaway in EV batteries

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Honeywell is expanding its strategic alliance with Nexceris, developer of Li-ion Tamer lithium-ion gas detection solutions, to help make electric vehicles (EVs) safer. To help mitigate these risks, automobile manufacturers are looking to incorporate technology to provide enhanced safety. Source: Nexceris.

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Toyota and Suzuki partnering on EVs in India

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Toyota Motor and Suzuki Motor have concluded a memorandum of understanding (MOU) on moving forward in considering a cooperative structure for introducing electric vehicles (EVs) in the Indian market in around 2020.

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Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

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Of the projected US$18-billion market in 2020, 58% of the sales will be from the transportation sector, historically one of the most of important industries for lead-acid batteries. billion in 2020, according to Pike. over the next 8 years. The market value for advanced lead-acid batteries in grid storage will be approximately $6.8

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Pike Research forecasts accelerating hybrid locomotive sales from 2015-2020

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Hybrid electric locomotive sales will have an increasing presence in global rail markets between 2015 and 2020, according to a new report from Pike Research. under a baseline forecast scenario, with annual unit sales of 109 locomotives by 2020. during the same period, with annual unit sales of up to 174 vehicles by 2020.

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Bosch Investing 400M Annually on Powertrain Electrification; Anticipates EVs and PHEVs to Gain 3% Global Market Share by 2020

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Bosch anticipates that electric and plug-in hybrid vehicles will take almost a 3% share of the global new car market in 2020. In addition, there are the roughly 650 associates in the SB LiMotive joint venture, who are further developing lithium-ion battery technology for use in the automobile. Source: Bosch.

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