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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.

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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?

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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

A feature of the new tests is the use of hydrogen generated as a by-product in the manufacture of sodium hydroxide by Tokuyama, using the chloralkali process as fuel for the FC generator.

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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.

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Neuron Energy and Urja Mobility join for innovative battery leasing solutions – ET Auto

Baua Electric

Neuron Energy has fostered a longstanding partnership with 3EV for the past 30 months, supplying over a thousand battery packs currently operational in their fleet across multiple cities. Backed by Mufin Green Finance Limited, Urja Mobility will purchase advanced high-quality battery packs from Neuron Energy.

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What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

The first one is to purchase high-priced cobalt and lithium, gain knowledge and expertise, then manufacture the battery in-house. There is already a huge surplus production due to a worldwide rush to put up massive battery manufacturing plants(Though the raw material supply is scarce). Well… How Hard It Can Be? Conclusion.

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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. Better Batteries Since 2021, demand for the lithium that powers EV batteries has oustripped supply.

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