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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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Honda to purchase 123 GWh of batteries from CATL for EVs in China from 2024 through 2030

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Leading China-based battery manufacturer Contemporary Amperex Technology Co., announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. Limited (CATL) and Honda Motor (China) Investment Co., Earlier post.). Earlier post.).

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Sysco Corporation intends to purchase up to 800 battery-electric Freightliner eCascadia Class 8 trucks

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Daimler Truck North America (DTNA) and Sysco Corporation (NYSE: SYY) a leading US foodservice distribution company, have signed a Letter of Intent (LOI) to deliver up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026. After well over one million-miles (1.6 Earlier post.)

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium is expected to trade at 484,185.00 by the end of this quarter. Source: Trading Economics. Earlier post.). Lithium carbonate is forecast to trade near its high.

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IDTechEx: Nio spearheading battery swapping expansion beyond China

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Battery swap stations are Nio’s signature replenishment facility, and it is currently the only company offering such models to the general consumer. There are also other companies in China that offer models with battery swap support, but for the taxi market. Swapping to become more efficient by using smaller batteries.

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Aqua Metals electroplates first critical battery metal from lithium battery black mass at Li AquaRefining pilot

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Aqua Metals has successfully recovered critical battery metal from spent lithium-ion batteries at production scale by electroplating. Reclaiming metals with the company’s closed-loop electroplating technology could enable economically favorable and efficient production of high-purity products from spent lithium batteries.

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). These prices are an average across multiple battery end-uses, including different types of electric vehicles, buses and stationary storage projects.

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