The European Union needs to rethink competition laws to better compete in the batteries market with Asian players, a German ministerial aide has told European battery manufacturers.
But Thomas Bareiss (pictured), parliamentary state secretary at the Federal Ministry for Economic Affairs and Energy, admitted that while Germany wanted to be “agnostic” in terms of its support for battery technologies, lithium-ion is currently favoured over lead-acid to build a European battery cells industry to cater for electric vehicles.
US lead-acid battery recycler Aqua Metals has announced record ingot production figures for three months of this year at its AquaRefining plant in Nevada.
The company said it had achieved “sequential production records” of AquaRefined lead as well as lead metal bullion in March, April and May.
US-based power products group Generac Holdings has acquired lead-acid and lithium-ion battery storage firm Pika Energy for an undisclosed sum.
Generac president and CEO Aaron Jagdfeld said Pika’s development of systems for the residential and commercial market would give the group “a considerable edge as we expand into the rapidly developing market for energy storage”.