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Compass Minerals signs non-binding agreement to supply LG Energy Solution with battery-grade lithium product starting in 2025

Green Car Congress

Under the terms of the MoU, Compass Minerals would supply LGES with with a battery-grade lithium product from its lithium brine development project at its Ogden, Utah, solar evaporation facility. As outlined in the MOU, purchase pricing would be based on market price and sales volume thresholds would be dependent upon product qualifications.

Supplies 199
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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. Not that sodium-ion batteries are perfect, not just yet at least. READ MORE: Range anxiety solved?

Cheap 78
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Tokuyama and Toyota start verification tests in Japan for stationary fuel cell generator that uses by-product hydrogen; Mirai FC system

Green Car Congress

By using components from the Mirai FC system—the FC stack, power control unit (PCU), secondary battery, and air compressor—Toyota seeks to produce a high-performance generator at a reasonable price. Development on the FC generator was carried out jointly by Toyota and Toyota Energy Solutions, Inc.

Hydrogen 362
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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

Green Car Congress

The feasibility study demonstrates that the First Cobalt Refinery project can become a viable, globally competitive player in the North American and European electric vehicle (EV) supply chain. The study reinforces the strength of First Cobalt’s business strategy for a rapidly evolving EV market that is heavily dependent on supply from China.

Sodium 221
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What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

New revolt RV 400 is priced around ?101,470, Ather 450X comes with a price tag above ?140,000. The price of the lithium-ion batteries used in the EVs is the main culprit for the high initial cost of any electric vehicle in any part of the world. For example, The newly launched Ola S1 starts at ?97,575. Taking a Closer Look.

India 52
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Top Factors Affecting EV Adoption

EV Connect

Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern. However, market competition, falling battery prices and government incentives are pushing the cost of EVs to parity with gasoline.

Charging 104
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How Umicore is ensuring sustainability in the North American EV battery chain

Charged EVs

For EVs to deliver their full emission-reducing potential, the battery supply chain must be as clean as possible, and cathode active materials (CAM) are a key part of the sustainability equation. Umicore is offering our customers low-carbon options in our supply chain. That’s why carmakers like Volkswagen want to team up with us.