Tag: battery

26th March 2020 | Silverstone

Can Metals Supply Keep Up With Electric Vehicle Demand?

Battery raw materials could face a supply crunch by the mid-2020s. In every electric vehicle (EV) battery, there’s a complex chemistry of metals – cobalt, lithium, nickel and more. The electrification of transport is transforming the demand and supply of those battery raw materials. In fact, we expect to see double-digit growth for battery raw…
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25th July 2019 0

LG Chem aims to quintuple EV battery biz by 2024

LG Chem will try to quintuple its electric vehicle battery business by 2024, the company’s CEO said on July 9. CEO Shin Hak-cheol said the company is targeting 59 trillion won ($49.9 billion) in sales by 2024, with 31 trillion won coming from its battery business. Last year, the company’s battery sector accounted for only…
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12th July 2019 0

These Lithium-Ion Batteries Can’t Catch Fire Because They Harden on Impact

Lithium-ion batteries commonly used in consumer electronics are notorious for bursting into flame when damaged or improperly packaged. These incidents occasionally have grave consequences, including burns, house fires and at least one plane crash. Inspired by the weird behaviour of some liquids that solidify on impact, researchers have developed a practical and inexpensive way to…
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30th May 2019 0

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

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

New Thermal Battery Could Be A ‘Game Changer’ For Storing Renewable Energy

A South Australian company has unveiled the world’s first operational thermal energy device (TED). The TED creators report the battery can store renewable energy, has higher storage capacity than traditional batteries, and is completely recyclable. The thermal battery has similar functionality to lithium-ion and lead-acid batteries; it can take any form of electrical input and…
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9th April 2019 0

Electric car battery with 600 miles of range? This startup claims to have done it

Electric carmakers have long been clamoring for a battery breakthrough that will improve the range of their vehicles while also extending their lifespans. Innolith, a Swiss startup, says its new high-density lithium-ion batteries can do just that. The company claims to have made the world’s first 1,000 Wh/kg rechargeable battery. (Watt-hours per kilogram is a…
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5th April 2019 0

Mophie’s Palm battery pack may be the most niche charging accessory ever made

It costs $59.95 and your dignity The Palm phone is not a good phone. It is not a good replacement of a phone. But it is now a phone to join an incredible rare club: it now has a $59.95 Mophie Juice Pack battery case, making it the only device to get a custom case…
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13th March 2019 0

The New Precious Metals

Demand for materials needed in batteries and energy storage has created a dynamic new market for once-obscure metals. Can supply keep up with demand? The global shift toward electric vehicles is already under way. In response to ever tougher emissions laws, the big automakers are investing billions of dollars in the next generation of electric…
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11th March 2019 0

Siemens Enters Residential Storage Market With Junelight Smart Battery

German industrial giant Siemens announced last week that it was entering the residential battery storage market with the introduction of its new Junelight Smart Battery, which is intended to meet the requirements of private homes generating and storing their own energy. Already invested in renewable energy generation technologies such as wind, solar, hydro, and biomass…
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27th February 2019 0