Industry news

Taiwanese solid-state lithium ceramic battery developer ProLogium Technology has raised around $100 million in Series D financing from Chinese investors, reports China Money Network.

A quarter of US energy storage system firms will reduce employee numbers and a third expect a fall in revenue during Q2 of this year because of the COVID-19 pandemic, a new study by the U.S. Energy Storage Association (ESA) has revealed.

SungEel MCC Americas has been issued a state permit for its planned lithium-ion battery recycling facility in Endicott, New York.

Battery maker Monbat NBP EOOD— a 100% subsidiary of Monbat AD— has submitted an intent to invest in the construction of a new lead-acid bipolar battery plant in Vratsa, Bulgeria.                             

While the battery industry’s attention has been on cobalt, supplies of manganese— that other key raw material for lithium-ion manufacturing— is facing a potential shortfall.

Despite deploying 1GWh of energy storage system last year the European market showed a marked slow down compared to 2018.

Battery maker APB Corporation is preparing to mass-produce lithium-ion batteries in Japan after licensing technology know-how from vehicle OEM Nissan.

Mining and lithium-ion battery recycling technology firm American Battery Metals Corporation (ABMC) has hired former Tesla engineer August Meng as its principal chemical engineer.

The Malaysian government foiled an attempt to illegally ship five containers of used lead-acid batteries through the country’s largest port on March 30.

American Manganese signed a Memorandum of Understanding (MOU) on 14 April with e-mobility battery developer Voltabox of Texas— a subsidiary of Volabox AG— outlining a partnership to recycle lithium-ion batteries.