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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 China leads the demand and supply of all of the key battery materials, accounting for more than 85% of the total global supply of cathode materials, anode materials, electrolytes, and separators. billion by 2027 from $18.75

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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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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. capture and liquefaction at a cement plant to storage in offshore sites.

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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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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

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China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. CATL currently offers NCM and LFP Li-ion chemistries in cells, modules and packs.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

The Tenth Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar today. Over 50 Global CEOs including senior officials from the semiconductor, aerospace, and defence sectors, have confirmed their participation in the summit. The event is scheduled to be held from January 10 to 12, 2024 and the theme is Gateway to the Future.

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Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

The idea took shape when the EV momentum was picking up globally. The latter two have witnessed a much stronger traction in the industry due to the government’s FAME (Faster Adoption of Manufacturing of Hybrid and Electric Vehicles) policy. Making EVs affordable is the key to transition to zero-emission vehicles,” Goel highlights.

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