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

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Major solid-state battery players globally.

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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

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The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume.

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SK Innovation expects to produce 500 GWh of batteries in 2030

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At the “SK Innovation Story Day” briefing session in Seoul last week, Dong-Seob Jee, President of SK Innovation’s Battery Business, said from its current 40 GWh battery production level, the company expects to reach 85 GWh in 2023, 200 GWh in 2025 and more than 500 GWh in 2030. trillion won (US$2.2 billion) in 2025, he said.

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Altris presents high-capacity Prussian White cathode material for Na-ion batteries; 160 mAh/g

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Swedish sodium-ion battery developer Altris presented a pure Prussian White cathode material with a capacity of 160 mAh/g, making it the highest capacity declared to date. Since its founding in 2017, Altris has developed Prussian White cathodes, electrolytes, battery cells and blueprints to create sodium-ion batteries.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. NOVONIX Anode Materials LLC, a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017. Earlier post.) Of that, $1.6

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ion Ventures and LiNa Energy conclude successful test of solid-state sodium-nickel battery platform

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ion Ventures, a modern utility and energy storage infrastructure specialist, and LiNa Energy , a solid-state battery technology developer, concluded their first successful trial of LiNa’s proprietary solid-state sodium-nickel battery platform at an undisclosed location in South East England last week.

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Solid-state sodium-ion battery company LiNa Energy closes out £3M late seed funding round

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Solid-state sodium-ion battery company LiNa Energy has closed out a £3-million (US$3.4-million) LiNA will also build a presence in India where LiNa has signed an MoU with Social Alpha to optimise product development for the India market and oversee battery cell testing and future pilot projects. Earlier post.)

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