article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

article thumbnail

Exide and Leclanché launch Li-ion battery JV in India

Green Car Congress

Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

Li-ion 191
article thumbnail

Saft delivers first Intensium Flex Li-ion system to ECO-H Technologies for oil and gas industry

Green Car Congress

for the delivery of the first Intensium Flex Li-ion battery system to power and store energy for the ECO-H System. Through its ability to provide power and store energy using Saft Li-ion batteries, the system allows for immediate on-demand power and the leveling of power usage peaks for rigs.

Li-ion 218
article thumbnail

AllCell and LG develop high-performance Li-ion battery for material handling market

Green Car Congress

AllCell Technologies, LLC, a Chicago-based Lithium-ion battery pack manufacturer for smart-grid, autonomous and light electric vehicle applications, and LG Chem Ltd. have developed a high performance long lasting Li-ion battery for material handling applications. IATA/UN 38.3

Li-ion 150
article thumbnail

California Energy Commission to award up to $11M for non-Li-ion energy storage projects

Green Car Congress

The California Energy Commission (CEC) has released a solicitation (GFO-19-305) to fund innovative, non-Li-ion energy storage research projects, including green electrolytic hydrogen systems. Group 1: Develop and validate new and emerging non-Lithium ion energy storage technologies that focus on customer side of the meter applications.

article thumbnail

Argonne releases updates to GREET models; LiMn2O4 replaces cobalt for Li-ion batteries

Green Car Congress

Argonne National Laboratory (ANL) has released updates to its GREET 2 2012 Vehicle-Cycle model and GREET 1 2012 Fuel-Cycle model used in lifecycle analysis of transportation options. Li-ion battery production pathways using LiMn 2 O 4 are added replacing Li-ion battery with Li 2 CoO 2.

Li-ion 225
article thumbnail

Electrovaya signs two MOUs for Li-ion batteries for automotive and telecom applications in India

Green Car Congress

Li-ion battery maker Electrovaya Inc. Electrovaya would work with Hero Eco to implement Li-ion-powered electric bikes for Hero’s markets in Asia, Europe and North America. Electrovaya would work with Hero Eco to implement Li-ion-powered electric bikes for Hero’s markets in Asia, Europe and North America.

Li-ion 210