article thumbnail

Chile to nationalize lithium industry

Green Car Congress

Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.

Chile 459
article thumbnail

Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

article thumbnail

Umicore starts industrialization of HLM manganese-rich battery materials technology for EVs

Green Car Congress

Umicore is starting the industrialization of its manganese-rich HLM (high lithium, manganese) cathode active materials (CAM) technology and is targeting commercial production and use in electric vehicles (EVs) in 2026.

article thumbnail

This new solid-state battery cell claims to set industry records, could offer over 1,300 mile range

Electrek

A solid-state battery developer in China has unveiled a new cell that could help change the game for electric mobility. Tailan New Energy’s vehicle-grade all-solid-state lithium batteries offer energy density twice that of other cells in the segment, empowering the Chinese battery maker to hail the cells as a record-setter in the industry.

article thumbnail

NTT DATA and DENSO building industry-wide dataspace for EV batteries

Green Car Congress

NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data. The two companies were officially approved as business operators in September 2022.

article thumbnail

Motor Coach Industries unveils its first battery-electric luxury coach in the N American market: J4500 CHARGE

Green Car Congress

NFI Group subsidiary Motor Coach Industries (MCI) has unveiled the new zero-emission, battery-electric J4500 CHARGE coach. The J4500 CHARGE features brighter, more spacious interiors with industry-leading legroom. The 544 kWh pack uses XALT cells and supports a charge rate of 150 kW.

article thumbnail

Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

Green Car Congress

Despite the trend toward transportation electrification, the lithium industry has had a rough few years. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

Recharge 334