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Octillion becomes official battery supplier for FNM electric trucks in Brazil

Green Car Congress

Li-ion battery provider Octillion Power Systems is working with the reborn FNM (now Fábrica Nacional de Mobilidades) in Brazil to produce battery-electric trucks; FNM has selected Octillion as the official battery supplier for the coming lineup. FNM was founded in 1942 and was the first truck manufacturer in Brazil.

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

Green Car Congress

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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Toshiba, Sojitz and CBMM partner to commercialize next-generation Li-ion batteries with NTO anodes

Green Car Congress

Toshiba Corporation, Sojitz Corporation, and CBMM have entered into a joint development agreement for the commercialization of next generation lithium-ion batteries using niobium titanium oxide (NTO) as the anode material. One of the major requirements for rechargeable battery development is greater energy density and faster charging.

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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. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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Leclanché to provide battery technology for Canadian Pacific’s hydrogen-powered locomotive project

Green Car Congress

Leclanché SA will provide its proprietary battery technology to Canadian Pacific (CP) for its innovative Hydrogen Locomotive Program. This project further expands our addressable market to include electrification of the freight rail sector representing a major global opportunity for the reduction of greenhouse gases. Earlier post.)

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Vale partners with Wabtec on ammonia fuel study and orders three FLXdrive battery electric locomotives

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Brazil-based metals and mining multinational Vale announced a partnership with Wabtec Corporation to advance the decarbonization of Vale’s rail operations. The deal includes an order for three of Wabtec’s FLXdrive battery locomotives and a collaboration to test ammonia as a potential clean, alternative fuel to replace diesel.

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International Lithium Association (ILiA) established to be the voice of the global lithium industry

Green Car Congress

Of the many applications for lithium batteries, electric vehicles (EVs) and energy storage solutions (ESS) stand out as by far the largest and fastest growing sectors, driven by the world-wide shift from traditional fossil-fueled vehicles towards cleaner forms of transport and energy use. Ltd; AMG Brazil S.A.; ppm Li (0.0018%).