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This investment strengthens the role of the Kuppenheim site within the global Mercedes-Benz production network and marks a decisive step for Mercedes-Benz’s sustainable business strategy as it moves towards going “Electric Only”. The pilot plant is expected to have an annual capacity of 2,500 tonnes.
The new recycling process will allow Ultium Cells to recycle battery materials, including cobalt, nickel, lithium, graphite, copper, manganese and aluminum. Ninety-five percent of these materials can be used in the production of new batteries or for adjacent industries. Ultium cells in module.
—Jeff Morrison, GM vice president, Global Purchasing and Supply Chain. CAM is a key battery material consisting of components such as processed nickel, lithium and other materials representing about 40% of the cost of a battery cell.
As automotive battery demand expands globally, access to battery materials is of increasing importance. GM says that its work with the initiative will also foster collaboration with other companies to share best practices and drive transformation of the mining industry toward more responsible operations.
Despite tight supply and high-point price fluctuation of lithium, the electric vehicle market is expected to maintain steady growth for the next few years. The price of lithium is likely to fall back to its pre-surge level by around 2025, according to the study, published in the journal Joule. —Sun et al.
The selected projects, led by universities, national laboratories, and the private sector aim to develop commercially scalable technologies that will enable greater domestic supplies of copper, nickel, lithium, cobalt, rare earth elements, and other critical elements. Columbia University.
Traceability is becoming a critical function in the EV industry, thanks to the “Buy American” requirements of the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA), and similar provisions in the EU’s new Battery Directive. Sustainability is another issue driving the increasing importance of traceability in our industry.
Fortescue says the use of this equipment will displace millions of gallons of diesel fuel at the company’s iron ore operations over the life of the assets, helping to push down global diesel demand even further. We’re moving rapidly to decarbonize our Pilbara iron ore operations and eliminate our Scope 1 and 2 terrestrial emissions by 2030.
Model T was a game-changer for the American automotive industry. The story of Tesla’s Model S also is the same they have revolutionized the electric vehicle industry and the way we look at electric cars. This is due to the high cost of the materials used in cathodes to store more energy, such as cobalt, nickel, lithium, and manganese.
It could be said that although GM was a pioneer in the EV industry, the Detroit-based automaker fell asleep at the wheel, waking 20 years later to discover Tesla and others were not only testing the EV market, but surpassing them in many ways.
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