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Fortum boosts Li-ion battery recycling rate to more than 80%

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A new solution by Nordic clean energy company Fortum makes more than 80% of an electric vehicle (EV) battery recyclable, returns the scarce metals back into circulation and resolves the sustainability gap by reducing the need to mine cobalt, nickel, and other scarce metals. —Kalle Saarimaa, Vice President, Fortum Recycling and Waste.

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Forecast: Lithium Ion Batteries for Electric Vehicles to Approach $8 Billion in Sales by 2015

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According to a new report from Pike Research, a rapidly growing global market for electrified vehicles—particularly plug-in hybrid and battery-electric vehicles—will create a Li-ion transportation battery industry with nearly $8 billion in sales worldwide by 2015, up from $878 million in 2010.

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Noco-Noco and Greenfuel sign MoU for Li-Ion battery longevity technology – ET Auto

Baua Electric

New Delhi: noco-noco Pte Ltd (noco-noco), the wholly-owned subsidiary of noco-noco Inc, and Greenfuel Energy Solutions Pvt Ltd have signed a Memorandum of Understanding (MOU) aimed at revolutionizing India’s clean electric mobility landscape through batteries with superior efficiency, performance, and longevity.

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Pike Research Forecasts Li-ion Batteries Will Become a $1.1B Segment of the Stationary Energy Storage Industry by 2018

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Of the eleven competing energy storage technologies analyzed in a recent report from Pike Research, the cleantech industry analyst firm forecasts that Li-ion batteries will be the fastest growing category for the Stationary Utility Energy Storage (SUES) sector, growing to a $1.1 billion worldwide business by 2018.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Hamburg putting its first Citaro FuelCELL Hybrid buses into service

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Drive power. Fuel cell power. Energy storage power. They are now accompanied by the lithium-ion batteries which store energy that is recovered during braking; the new hybrid is able to run for several kilometers on battery power alone. Citaro FuelCELL Hybrid. Overall length. Net weight.

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Why Countries Like India Desperately Need EV Battery Standardization

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By 2050, it is expected that 74% of Europe’s cars on the road will be battery-powered. Despite the rapid adoption of electric vehicles, there has been little discussion about standardizing battery types. All this would make it easier to recycle or utilize the batteries. Standardization: Way To Save Millions.

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