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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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Umicore steps up solid-state battery technology development with investment in Blue Current

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Umicore and Blue Current , a manufacturer of silicon elastic composite solid-state batteries, have agreed to strengthen their collaboration on the development of solid-state battery technology, with Umicore investing a minority stake in the US-based start-up.

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Adamas Intelligence: all metals/materials but manganese for passenger vehicle battery cells see accelerated gains in 2018

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In 2018, global deployment of nickel, graphite, copper, LCE, aluminum and cobalt by passenger vehicle cell suppliers increased by 75% to 99% versus the year prior, according to data from Adamas Intelligence’s “ EV Battery Capacity and Battery Metals Tracker ”. kWh in December 2018. kWh in January 2010 to 24.8

2018 294
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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

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Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. billion raised in 2018. billion in 2018. billion in 2018. Battery Storage.

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Mercom: battery storage, smart grid, and efficiency companies raised $1.3B+ in VC funding in 9M 2018

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Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in the first 9 months (9M) of 2018 was 8% higher at more than $1.3 Total corporate funding (including venture capital funding, public market, and debt financing) in 9M 2018 was down with $3.3

2018 191
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NIMS researchers report 500 Wh/kg+ Li-air battery

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Researchers at Japan’s National Institute for Materials Science (NIMS) and the NIMS-SoftBank Advanced Technologies Development Center have developed a lithium-air battery with an energy density of more than 500 Wh/kg—significantly higher than currently lithium ion batteries.

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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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According to the California Independent System Operator, battery storage capacity in the state has increased by nearly 20 times since 2019—from 250 megawatts (MW) to 5,000 MW. Escalating requirements saw the goal increase to 33% by 2020—a target that was met two years early in 2018.