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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. However, BYD is also a top global battery manufacturer. However, BYD is also a top global battery manufacturer. BYD’s Blade Battery powers other automakers’ EVs, including Tesla, Hyundai, Toyota, and Ford, to name a few.

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CMU study concludes lithium market fluctuations unlikely to impact Li-ion battery prices significantly

Green Car Congress

A new study by a team from Carnegie Mellon University’s College of Engineering has found that even large increases in lithium prices are unlikely to increase significantly the cost of batteries or battery packs for end users such as vehicle manufactures or consumers—although some manufacturers may see reduced profit margins.

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

Green Car Congress

Energy storage technologies represent an alternative to traditional grid management using generation assets such as natural gas peakers to balance the grid by adding power to it. The value of the ESG market is now measured by using the value of energy ($/kWh), not power ($/kW). Energy storage on the grid is reaching a turning point.