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Navigant: 2016 advanced battery shipments through Q3 = 323M cells and $3.8B in sales

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For the purposes of the report, advanced batteries are defined as rechargeable batteries with a chemistry that has only entered into the market as a mass-produced product in the last two decades for use in the automotive or stationary energy storage system sectors. Click to enlarge.

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Chemetall Lithium Awarded 5.7M to Set Up Pilot Li-ion Battery Recycling Plant

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In addition to ecological considerations, the project aims to secure the supply of battery raw materials like lithium and cobalt. The Lancaster, Ohio facility currently processes large format lead acid batteries, as well as nickel metal hydride batteries used in the current population of hybrid and electric vehicles.