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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion A tech-heavy ESG company mining in the emerging markets is a rare find.

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Adamas Intelligence forecasts global passenger EV market to deploy 762.9 GWh onto roads in 2023; December rule of thumb

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GWh of battery capacity will be deployed onto roads in newly passenger EVs globally (+/- 12%). million passenger EVs (HEVs, PHEVs, BEVs) will be sold globally (+/- 10%) in 2023, translating to a sales-weighted average pack capacity of 38.7 GWh deployed onto roads globally. Additionally, Adamas projects that 19.7

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

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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. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

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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. APAC will continue to be the largest market, reaching $6.05 —Bhavana Sri, Power Analyst for GlobalData.

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Adamas: LFP market share drops to 6% in global passenger EV batteries in 2019; potential comeback in 2020 with cell-to-pack

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In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. installed in newly-sold EVs), down from 13% the year prior, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. Cell-to-pack.

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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 million units in 2022, up from 1.4

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Adamas: 5 cell suppliers responsible for 78% of global EV battery cobalt demand in 2019

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In 2019, more than 14,400 tonnes of cobalt were deployed globally in batteries of newly sold passenger battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs), an increase of 34% over the year prior, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.

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