article thumbnail

Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

Green Car Congress

In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% Of the projected US$18-billion market in 2020, 58% of the sales will be from the transportation sector, historically one of the most of important industries for lead-acid batteries.

Lead Acid 231
article thumbnail

JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

Green Car Congress

JERA, the largest power generation company in Japan, responsible for about 30% of Japan’s electricity, and Toyota Motor have built and deployed the first large-capacity “Sweep Energy Storage System”. The project plans to operate grid storage batteries for recharge and discharge operations, connected to the Chubu Electric Power Grid Co.,

article thumbnail

False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. And EV owners would become entrepreneurs, selling electricity back to the grid. And indeed, that’s how promoters of vehicle-to-grid technology perceive the EV.

Grid 140
article thumbnail

New A123 Systems LLC emerges

Green Car Congress

Included in the acquisition, which has received approval from the Committee on Foreign Investment in the United States (CFIUS), are A123’s automotive, grid and commercial business assets, including technology, products, customer contracts and U.S. Electric Grid. Lead-Acid Replacement. Transportation.

Lead Acid 310
article thumbnail

How Long Do Electric Car Batteries Last?

Blink Charging

This prototype uses a lead-acid mixture. The first batteries could power vehicles to “neck-breaking” speeds of up to 14 mph. Until then, batteries were made with nickel and cadmium, or lead acid. It allows cars to get charged from a power grid and the battery to charge the grid back.

article thumbnail

Energy storage: the key to a decarbonised future

Setec Powerr

And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. The best known and in widespread use in portable electronic devices and vehicles are lithium-ion and lead acid. So what exactly is energy storage? This article will answer your confusion.

article thumbnail

Country’s Ministry of Mines announces lithium discovery

Electric Vehicles India

Important minerals such as copper, lithium, nickel, cobalt, and rare earth elements are essential components of many of today’s rapidly growing clean energy technologies, from wind turbines and power grids to electric vehicles. India is currently dependent on imports of many minerals such as lithium, nickel, and cobalt.

India 79