Tag: development

26th March 2020 | Silverstone

Adding Giant Batteries To This Hydro Project Creates A ‘Virtual Dam’ With Less Environmental Impact

A Chilean utility has broken ground on a 50 megawatt-hour (MWh) battery energy storage project – equivalent to the capacity of 5 million iPhones – paired with a run-of-river hydroelectric facility. The battery will be capable of storing electricity produced from the hydro generation without needing to construct a dam or make use of a…
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24th May 2019 0

Ganfeng Lithium to Buy 30 Percent Stake in Bacanora

Chinese top lithium producer Ganfeng Lithium (OTC Pink: GNENF,SZSE:002460) has signed another deal in the space, this time announcing it’s looking to acquire a 30 percent stake in London-listed Bacanora Lithium (LSE:BCN). Ganfeng’s GBP 14.4 million strategic investment will boost Bacanora’s finance package for the development of its Sonora lithium clay project in Mexico, which is forecast to…
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23rd May 2019 0

Global EV sales ‘will dominate traditional car sales by 2040’

A new report from Bloomberg New Energy Finance expects EV sales to rise from two million last year to 56 million by 2040 Global electric vehicle (EVs) sales are set to “dominate” traditional car sales by 2040. That’s according to a new report published by Bloomberg New Energy Finance (BNEF), which suggests battery-powered cars will…
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20th May 2019 0

Volvo secures ‘multi-billion dollar battery supply deals’ to support its electric car plans

Volvo, both through Polestar and its own brand, plans to bring several new all-electric vehicles to market and in order to do that, it needs significant battery supply. The automaker now says that it has secured ‘multi-billion dollar battery supply deals’ with CATL and LG Chem. According to a press release issued earlier today, Volvo…
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17th May 2019 0

EU Commission calls for strategic battery value chain

The European Battery Alliance met in Brussels to discuss issues like sustainable production and processing of raw materials. The European Battery Alliance met in Brussels recently to discuss such issues as sustainable production and the processing of raw materials, ways of financing new investments and the creation of new policies to push forward projects in…
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13th May 2019 0

If Electric Car Maker Enovate Can Produce An EV With A Solid-State Battery, Everything Changes

Chinese electric vehicle maker Enovate, which already has an all-electric SUV on the market, says they will bring a new vehicle to market in 2021 that will feature a holy grail of sorts in terms of its power source: a solid-state battery for motive power. Enovate currently offers the Sky ME-7 all-electric SUV, which uses mainstream battery…
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10th May 2019 0

2020 BMW 7-Series plug-in hybrid luxury sedan gets a bigger battery

Although the gigantic new twin-kidney grille might be the most eye-catching addition to BMW’s flagship luxury 7-Series sedan, the model in the lineup that’s gone through the most change might well be the one with a charge port: the 745e xDrive plug-in hybrid. The 2020 BMW 745e xDrive iPerformance can go 16 all-electric miles, according…
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8th May 2019 0

Lithium-Ion vs Lead Acid Battery Life

For years, lead-acid batteries have been the “go to” source of power for electronics, vehicles and equipment. However, thanks to several features that promote efficiency and safety, lithium-ion batteries are becoming a popular choice across several industries. One of the most important characteristics for a company that uses batteries in its forklift fleet is the…
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7th May 2019 0

Exclusive: U.S. seeks to challenge China’s electric-vehicle supply chain dominance

WASHINGTON (Reuters) – A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominance in the space. While Tesla Inc, Volkswagen AG and other electric-focused automakers and battery manufacturers…
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6th May 2019 0

France, Germany agree on first battery cell consortium, report says

France and Germany have earmarked 1.7 billion euros to support several company alliances looking to produce electric car battery cells to help reduce the dependence of European automakers on Asian suppliers such as China’s CATL, which plans to start operations at a cell factory like this one (shown) in Germany in 2022. BERLIN — France…
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3rd May 2019 0