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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

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Study sees gradual, focused replacement of lead-acid SLI batteries by Li-ion batteries over next couple of years

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A study by a team of researchers from Germany and South Africa forsees the gradual replacement of lead-acid SLI (starter, lighting and ignition) batteries with Li-ion batteries over the next couple of years.

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Hitachi Chemical acquires 43.9% of Thai lead-acid battery company, plans to buy more

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is acquiring a large portion of the Thai Storage Battery Public Company Limited (TSB Company), a manufacturer of automotive and industrial lead-acid storage batteries mainly in Southeast Asia, with a high market share in Thailand and elsewhere. Hitachi Chemical Co., Hitachi Chemical has acquired 43.9%

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Johnson Controls partners with and invests in Aqua Metals for lead-acid battery recycling technology

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Purchase AquaRefined metals produced from Aqua Metals’ facilities. These modular systems allow the lead-acid battery industry to improve environmental impact and scale production simultaneously to meet rapidly growing demand. Under the agreement Johnson Controls will: Become the first licensee for AquaRefining technology.

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Electrovaya secures C$4.3M purchase orders from Walmart Canada for forklift battery systems

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has secured initial purchase orders worth approximately C$4.3 The retailer will convert the forklifts in one distribution center from lead acid batteries to Electrovaya’s drop-in lithium ion battery systems. Electrovaya Inc. million (US$3.51 million) under a contract with Walmart Canada for its forklift battery systems.

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Glencore, ACE Green in 15-year offtake agreement for recycled lead and Li-ion battery materials

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The 15-year agreement allows for Glencore to purchase up to 100% of ACE’s products from four of its planned lead-acid and lithium-ion battery recycling parks being built in the United States, India and Thailand. The parks are expected to be complete by 2024.

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Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment.