Remove Batteries Remove Global Remove Low Cost Remove Sodium
article thumbnail

BYD breaks ground on its first sodium-ion EV battery plant

Baua Electric

The world’s largest EV maker, BYD , broke ground on its first sodium-ion battery plant this week. You likely heard that BYD just topped Tesla in overall EV volume to become the largest electric car maker globally. However, BYD is also a top global battery manufacturer. BYD is investing $1.4

Sodium 52
article thumbnail

Reliance buys Na-ion battery developer Faradion

Green Car Congress

Reliance New Energy Solar Ltd, a wholly owned subsidiary of Reliance Industries Ltd, will acquire 100% shareholding in sodium-ion battery developer Faradion Limited ( earlier post ) for an enterprise value of £100 million (US$135 million). Sodium is the sixth-most abundant element on the planet. billion ($73.8 billion ($10.9

Sodium 199
article thumbnail

Study suggests lithium and cobalt for batteries may face supply risks by 2050

Green Car Congress

Lithium and cobalt are fundamental components of present lithium-ion batteries. Analysis by researchers at the Helmholtz Institute Ulm (HIU) of the Karlsruhe Institute of Technology (KIT) suggests that, given the foreseen scaling of battery demand up to 2050, each may face supply risks, albeit for different reasons.

Supplies 281
article thumbnail

Haldor Topsøe acquires 18% of Na-ion battery company Faradion Ltd

Green Car Congress

Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

Sodium 199
article thumbnail

Aqua Metals and 6K Energy collaborate to establish sustainable US battery supply chain – Charged EVs

Baua Electric

Aqua Metals has developed a process for recycling lithium-ion batteries that it says is much cleaner, more efficient and more cost-effective than current methods (see our recent in-depth interview with company execs ). At full scale, Aqua will provide 30% of the nickel and lithium carbonate needed at 6K’s PlusCAM facility.

article thumbnail

Faraday Institution to award up to £55M to five consortia for energy storage research

Green Car Congress

The Faraday Institution will award up to £55 million (US$67 million) to five UK-based consortia to conduct application-inspired research to make step changes in battery chemistries, systems and manufacturing methods. Next generation sodium ion batteries–NEXGENNA.

article thumbnail

OM Group to Acquire Advanced Battery Manufacturer EaglePicher Technologies for $171.9M

Green Car Congress

Based in Joplin, MO, EaglePicher is a designer and manufacturer of batteries, battery management systems and energetic devices for the defense, aerospace and medical industries. million to develop a new generation of high energy, low cost planar liquid sodium beta batteries for grid scale electrical power storage applications.