article thumbnail

Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

Green Car Congress

Enovix Corporation has secured $45 million in new funds to produce and commercialize its 3D Silicon Lithium-ion Battery. Enovix has developed a lithium-ion battery that incorporates a 100% active silicon anode using a patented 3D cell architecture to increase energy density and maintain high cycle life. Source: Enovix.

article thumbnail

Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

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 Lithium carbonate is forecast to trade near its high. by the end of this quarter. Earlier post.).

Carbon 483
article thumbnail

Freudenberg Sealing Technologies offers material testing for lithium-ion battery electrolytes

Green Car Congress

Freudenberg Sealing Technologies (FST) has expanded its material testing capabilities to include performance and compatibility evaluations of the rubber, elastomers and thermoplastics used to seal and safely maintain lithium-ion batteries. Lithium-ion material testing, however, requires a unique set of inputs to safely succeed.

article thumbnail

Fitch Solutions forecasts nickel demand for EV batteries to grow 29.2% per year to 2030

Green Car Congress

This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Fitch bases its forecast on the underlying assumption that NMC 811 cathodes will rise to 80.0% of NMC market share by 2027—effectively raising the average nickel content.

Batteries 358
article thumbnail

BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). BNEF has more than doubled its estimates for energy storage deployments from 2025 to 2030 across Europe from previous forecasts.

article thumbnail

KULR Technology Group to provide lithium-ion battery transportation solution to Heritage Battery Recycling

Green Car Congress

KULR Technology Group, a developer of lithium-ion battery safety and thermal management technologies, will provide its KULR-Tech Safe Case to lithium-ion battery recycler Heritage Battery Recycling (HBR), a new platform company of The Heritage Group, for the safe transportation logistics of HBR’s battery collection operations across North America.

article thumbnail

Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

Benchmark’s high case scenario forecasts that 7.0 million tonnes of lithium carbonate equivalent (LCE). But without large increases in the amount of lithium, these targets will be impossible to hit. With the amount of lithium production forecast by Benchmark for 2030, only 3.2 million EVs. TWh in the high case.