Tag: automotive industry

26th March 2020 | Silverstone

How Cheap Must Batteries Get For Renewables To Compete With Fossil Fuels?

While solar and wind power are rapidly becoming cost-competitive with fossil fuels in areas with lots of sun and wind, they still can’t provide the 24/7 power we’ve become used to. At present, that’s not big a problem because the grid still features plenty of fossil fuel plants that can provide constant baseload or ramp…
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2nd September 2019 0

Tesla in advanced talks with LG Chem on battery supply in China: source

U.S. electric vehicle maker Tesla Inc (TSLA.O) is in advanced talks with South Korea’s LG Chem Ltd (051910.KS) to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said. The move represents a push by Tesla to diversify sources of the key component for its electric vehicles…
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30th August 2019 0

Lithium glut could see electric vehicle battery costs fall

A new report from Bloomberg New Energy Finance (BNEF) suggests that the expected shortfall in lithium supply, and therefore a rise in battery prices, is not happening. Instead, there is a glut, and it is forcing prices down. This is the result of six new lithium mines opening in Australia (the world’s largest supplier of…
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28th August 2019 0

Renesas’s new battery management IC maximizes range for hybrids and EVs

Japanese semiconductor manufacturer Renesas Electronics has announced its fourth-generation Li-ion battery management integrated circuit (IC). The company says its new ISL78714 IC provides accurate cell voltage and temperature monitoring, cell balancing, and extensive system diagnostics to protect 14-cell Li-ion battery packs, all while maximizing drive time and range for hybrid and electric vehicles. The ISL78714…
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21st August 2019 0

SK Innovation secures ‘green loan’ to invest more in battery biz

SK Innovation has raised an 800 billion won ($657 million) “green loan” from banks in the United States, Europe and China in an effort to invest more in plants manufacturing batteries for electric vehicles (EVs) and lithium-ion battery separators (LiBS), the energy and chemical arm of SK Group said Thursday. A green loan is the…
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16th August 2019 0

In charge: the battery technologies leading the way in mining

Once a novelty, electric vehicle technology has now filtered down to mining vehicles. Jack Unwin examines the leading mining battery vehicles and their benefits. Advanced battery technology, such as solutions developed by Volvo, has the potential to curb mining emissions. Credit: Volvo It is fair to say that electric vehicles (EV) have undergone a revolution…
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15th August 2019 0

Hyundai new solar car roof could save you 800-miles in recharging costs each year

HYUNDAI Motor is launching its first car with a solar roof charging system which could increase the range of cars over time. Hyundai has revealed its first solar roof charging system which will provide additional power, increase range and offer better fuel economy. It will debut on the new Sonata Hybrid and will support the…
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14th August 2019 0

Europe is beating the US in the battery race—with China’s help

The biggest reason we hear so much about electric cars is because of the falling costs of batteries. Lithium-ion batteries today cost less than one-fifth as they did in 2010. Within the next five years, some experts estimate that the total cost of owning an electric car—that is, upfront cost plus lifetime fuel cost—will be…
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2nd August 2019 0

As electric vehicle production ramps up worldwide, a supply crunch for battery materials is looming

As car manufacturers ramp up production of electric cars, metals used to make the vehicles’ batteries may face a supply crunch by the mid-2020s, according to a Wood Mackenzie report released Wednesday. Lithium, cobalt, and nickel supplies are expected to be worst hit. As car manufacturers ramp up production of electric cars, the metals used…
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1st August 2019 0

New £80m investment to drive forward next generation of net zero planes and cars

The government unveiled an £80m investment to help develop the next generation of electric vehicles – and which could also help develop new hybrid aircraft. The investment – through the modern Industrial Strategy – will help ensure the UK is able to supply products both in the UK and abroad, to help cut carbon emissions…
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29th July 2019 0