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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Map of Western Australia showing the location of Global Lithium’s assets.

Supplies 259
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024. The supply will go beyond 2030.

Global 435
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Amogy presents retrofitted 2018 Freightliner Cascadia powered by ammonia-to-power system

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Decarbonizing heavy-duty trucking has been challenging, with alternatives such as battery power lacking the energy density needed to replace diesel for larger vehicles and long-distance routes with minimal downtimes. In the near future, we look forward to further scaling and tackling other hard-to-abate sectors, such as global shipping.

Power 434
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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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Honda partners with CATL on Li-ion EV batteries; 56 GWh by 2027

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CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Under the agreement, CATL will become Honda’s partner in the field of lithium-ion EV batteries. CATL will guarantee the supply to Honda of about 56 GWh of lithium-ion EV batteries before 2027.

Honda 406
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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In the last year, there has been an explosive need for EV batteries. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% New Tungsten Production Will Open the Global Supply Chain. Should the U.S. government.

Supplies 380
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. NEO 2018 sees $11.5

Wind 220