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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

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Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide.

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Impact Clean Power Technology unveils visualization of GigafactoryX; 4 GWh/year by 2027

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Poland-based battery systems maker Impact Clean Power Technology unveiled a visualization of GigafactoryX—a large-scale battery factory for electric vehicles and energy storage which will be launched in the city of Pruszków, near Warsaw. Its construction will increase Impact’s production capacity to 1.2

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City of Gdynia orders 30 Solaris Trollino trolleybuses with Li-ion battery packs for off-wire driving

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The city of Gdynia in Poland has signed a contract with Solaris for the delivery of 30 trolleybuses worth more than 95 million PLN (US$28 million) in total. an electric drive powered by overhead wires—the Solaris vehicles commissioned by Gdynia will be fitted with additional batteries which enable driving off the traction line.

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Germany launches R&D facility for industrial-scale Li-ion cell manufacturing; €500M in funding

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The German Federal Ministry of Education and Research (BMBF) has launched the Battery Cell Research Production Center, a new R&D and large-scale industrial manufacturing plant for lithium-ion cells; the center will receive an investment of €500 million. The BMZ Group is a global player in the production of lithium-ion system solutions.

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Altairnano working with TAURON on Li-ion energy storage systems demonstration research project in Poland

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TAURON) jointly to determine the necessary infrastructure needs for stationary energy storage systems based on lithium titanate batteries, and for the construction of power and frequency stabilization systems in Poland. Poland’s second-largest energy company. Altairnano has entered into an agreement with TAURON Dystrybucja S.A.

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LG Chem, Huayou Cobalt to form 2 JVs in China; precursors & cathodes for EV batteries; supporting 400K EV packs/year

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LG Chem will form two joint ventures with China’s Zhejiang Huayou Cobalt to secure supplies of cobalt for Li-ion batteries. The 40,000-ton capacity is enough to manufacture about 400,000 battery packs for EVs with about 320 km range (~200 miles). LG Chem will invest KRW 239.4 s subsidiary GS EM.

China 170
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

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The majority of the projects are targeted at making copper foil for lithium-ion batteries to meet demand from EVs. Copper foil is the most commonly used anode current collector in Li-ion batteries; it not only lets electric current flow but also dissipates the heat generated by the battery.

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