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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. Lithium demand by application in 2019. Source: Roskill.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

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Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles.

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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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AKASOL to supply battery systems for Alstom’s hydrogen trains

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AKASOL will supply battery systems for more than 40 Coradia iLint hydrogen trains ( earlier post ), which have been ordered from Alstom by the Lower Saxony Transit Authority and the Rhine/Main Regional Transport Association. Based in Darmstadt, AKASOL has been engaged in the development of train batteries for more than ten years.

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Umicore steps up solid-state battery technology development with investment in Blue Current

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Umicore and Blue Current , a manufacturer of silicon elastic composite solid-state batteries, have agreed to strengthen their collaboration on the development of solid-state battery technology, with Umicore investing a minority stake in the US-based start-up. In June 2022, Umicore and Idemitsu Kosan Co.,

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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

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Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. Volvo XC40 Recharge powertrain. The XC40 Recharge P8 is the first of a family of fully electric Volvos.

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Forsee Power partners with CALB for the supply of battery cells

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France-based Forsee Power is sourcing very high energy density NMC cells to be integrated into its battery systems from Chinese battery cell manufacturer CALB. It specializes in cells for electric vehicles and energy storage systems. CALB is planning to grow its production capacities to 500 GWh by 2025.

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