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A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new globalbattery gigafactories.
The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV batterymarket, followed by Korean companies (26%) and Japanese manufacturers (10%).
StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.
gigawatt hours (GWh) of lithium ion battery capacity in the pipeline as assessed in Benchmark Mineral Inelligence’s May 2022 Gigafactory Assessment—a 68% year-on-year increase. Joint ventures between automakers and battery companies have been central to this growth.
In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. Subaru jointly developed the e-Subaru Global Platform together with Toyota Motor Corporation as a BEV-dedicated platform. US market specifications will be revealed in LA.
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. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
Developing lithium from the Salton Sea in California can help anchor a multi-billion dollar domestic electric vehicle battery supply chain and inject thousands of jobs and billions of dollars into California’s economically disadvantaged Imperial Valley, according to a new report from New Energy Nexus. Earlier post.).
BNEF predicts plug-in electric vehicles will account for one in four vehicles sold around the globe in 2025, “a remarkable growth,” and despite a slowdown in key US market. The post Falling battery costs to drive big lift in global plug-in car sales to 22 million in 2025 appeared first on The Driven.
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 The Group is also investing in Braunschweig, Salzgitter and Kassel, among other things in further expansion of the existing MEB production of battery systems, rotors/stators and electric motors. 4 in Emden.
(TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.
Optodot is a developer and licensor of nano-composite battery separators and infrared optical coating technologies, based in Devens, Massachusetts. META’s Advanced Materials and Battery Products group will continue joint development, licensing, and manufacturing scale-up of Optodot’s technology in partnership with leading OEMs.
POSCO has begun production of high-purity nickel—required for secondary batteries—at SNNC. Last May, POSCO took a 30% stake in the Australian company Ravensthorpe, which specializes in nickel mining and refining production.
The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. The BMW i3 eDrive35L will be assembled exclusively for the Chinese market at the BMW Brilliance Automotive Ltd. Battery capacity (gross/net).
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. BEV/PHEV) sold with Panasonic cells had a battery pack capacity of 58.4
Seven large hydrogen tanks offer a combined storage capacity of around 31 kg of fuel, while three 72-kWh high voltage batteries provide an additional source of power.The maximum driving range of 2021 XCIENT Fuel Cell is set to be around 400 km (249 miles). Hyundai also plans to present XCIENT Fuel Cell to the North American market this year.
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.
The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales. ” India’s Tata Motors also hit a turning point. .”
Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. HME is the global supplier of secondary eDrives for Volkswagen’s all-wheel drive MEB models with power greater than 185 kW. The HASCO Magna Electric Drive Systems Co.,
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. We are running out of time to limit global warming. At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project. million km as of 30 April 2022.
To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. To help meet the Paris Agreement’s goal of limiting global warming to less than 1.5 Preparations are underway to market a Z.E. D Wide Z.E.
Battery Resourcers, a vertically integrated lithium-ion battery recycling and engineered materials company, plans to open a commercial-scale, lithium-ion battery recycling facility in Covington, Ga. We all win when we prevent batteries from going to landfill. The opening of this facility will help meet that demand.
A new white paper published by the Argonne National Laboratory Collaborative Center for Energy Storage Science (ACCESS) outlines a clear set of battery requirements and research and development needs to accelerate the commercialization of electric propulsion for aviation—from air taxis in the near term to 737 class aircraft in the long term.
Volvo Trucks is opening its first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks. By 2030, at least 50 percent of all trucks we sell globally will be electric and by 2040, we will be a carbon-neutral company. —Roger Alm.
Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). These prices are an average across multiple battery end-uses, including different types of electric vehicles, buses and stationary storage projects.
The Genesis GV60 ( earlier post ) is based on the brand’s Electric-Global Modular Platform (E-GMP), the innovative features of which help deliver greater efficiency, performance and driving pleasure. The use of silicon carbide boosts energy efficiency by 3% and range by 5%. This system works seamlessly with the Smart Regeneration System 2.0,
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.
unveiled STLA Medium, a global BEV-by-design platform with state-of-the-art features including range of 700 kilometers (435 miles), energy efficiency, embedded power and charging power. STLA Medium is the first of four global BEV platforms to be launched less than two years after EV Day presentation in July 2021. Stellantis N.V.
Sakuu , developer of the first 3D-printed solid-state battery ( earlier post ), reports achieving an energy-density of 800 Wh/L in its first-generation non-printed lithium-metal battery. In addition to the 800 Wh/L mark, the first-generation lithium-metal battery is demonstrating high energy retention at 97% after 200 cycles.
Battery swap stations are Nio’s signature replenishment facility, and it is currently the only company offering such models to the general consumer. There are also other companies in China that offer models with battery swap support, but for the taxi market. Swapping to become more efficient by using smaller batteries.
Magna is providing battery enclosures for the 2022 Ford F-150 Lightning battery-electric pickup. Magna’s battery enclosure for the 2022 Ford F-150 Lightning protects power source. Magna’s the lightweight aluminum enclosure helps minimize added mass from the truck’s battery.
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion also has relocated a battery manufacturing line from its previous facility in Hayward, California, where the company has operated since its founding in 2009. Earlier post.)
Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The new EV plant and battery manufacturing facilities represent an investment of approximately US$5.54 billion by 2025 to foster future mobility in the U.S,
Despite a shortage of semiconductors, the Volkswagen Group delivered 122,100 BEVs (battery-electric vehicles) to customers in the third quarter (July to September), an increase of 109% compared with the prior-year quarter. The Group was the market leader here, accounting for a BEV market share of around 26%. model family.
GM Defense, a subsidiary of General Motors, was selected by the Department of Defense’s (DoD) Defense Innovation Unit (DIU) to develop a battery pack prototype for testing and analysis on Department of Defense platforms. GM’s HUMMER EV Ultium battery pack. Commercial battery electric technologies continue to mature.
From 2024, Li-Cycle will become VinES’ strategic and preferred recycling partner for VinES’ Vietnamese-sourced battery materials. VinFast has expanded its business to the North American and European markets with the aim to become one of the leading global EV manufacturers.
FreeWire Technologies, a global electric vehicle (EV) charging and energy solutions provider and a manufacturer of ultrafast, battery-integrated EV charging stations and power solutions ( earlier post ), announced a program to make available battery-integrated electric vehicle (EV) charging equipment and solutions for Chevron-branded stations.
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.
AKASOL AG is introducing its third generation of battery systems manufactured in series production. The new AKASystem 9 AKM 150 CYC has the highest energy density available on the market, according to AKASOL, and is thus especially suitable for fully electric long-distance applications such as coaches or trucks.
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. The US Department of Energy (DOE) is awarding a combined $2.8 Earlier post.) Of that, $1.6 Materials Separation & Processing (Cathode Minerals).
IONETIC , a UK start-up specializing in electric vehicle (EV) battery pack technology, launched its EV battery pack design platform, which the company says can cut the development cost and time for automotive manufacturers bringing a new electric vehicle to market. IONETIC’s battery modules have an energy density of 226Wh/kg.
Daimler Truck North America (DTNA) and Sysco Corporation (NYSE: SYY) a leading US foodservice distribution company, have signed a Letter of Intent (LOI) to deliver up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026. After well over one million-miles (1.6 Earlier post.)
Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The new facility at the Changwon plant will produce a wide range of common electric storage solutions (battery packs) for Volvo Group and become a core competence center for electric excavators.
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