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Lithium-ion

Solid-state batteries “game-changer” for EVs report

Thu, 05/17/2018 - 09:54 -- Xuan Zhong
Solid-state batteries “game-changer” for EVs report

Solid-state batteries are expected to be a “game changer” for the electric vehicle industry, according to a new report.

The batteries are set to open up “significant growth opportunities for future battery chemistries due to manufacturers’ claims of an energy density 2.5 times higher than lithium-ion batteries”, said market analysts Frost & Sullivan.

 

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China EV battery firm cuts production over financial crisis

Wed, 05/16/2018 - 09:18 -- Xuan Zhong
A leading Chinese electric vehicle (EV) battery manufacturer, Shenzhen OptimumNano, has been forced to slash production to just 20% of its capacity amid a financial crisis.  OptimumNano, reportedly China’s third largest EV battery maker as of 2016, said it had taken the drastic move because it has a glut of batteries in stock that it cannot sell.

A leading Chinese electric vehicle (EV) battery manufacturer, Shenzhen OptimumNano, has been forced to slash production to just 20% of its capacity amid a financial crisis.

OptimumNano, reportedly China’s third largest EV battery maker as of 2016, said it had taken the drastic move because it has a glut of batteries in stock that it cannot sell.

 

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BMZ ‘secures cells supply’ with LG Chem deal

Mon, 05/14/2018 - 10:13 -- Xuan Zhong
BMZ ‘secures cells supply’ with LG Chem deal

German lithium-ion battery developer and producer BMZ has signed a long-term battery cells supply deal with South Korea’s LG Chem.

BMZ said the contract covered supplies of “over a few hundred million cells” by the end of 2022 for products in the electro mobility and energy storage markets. 

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Softbank to buy 10% stake in Canadian lithium company

Mon, 04/16/2018 - 10:51 -- John Shepherd
Softbank to buy 10% stake in Canadian lithium company

Japanese holding company SoftBank has signed an agreement to acquire a stake of up to 9.9% in Canada’s Nemaska Lithium.

SoftBank said the undisclosed investment amount in the lithium development firm will help to meet growing demand for batteries uses in electric devices and electric vehicles.

 

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Lithium creep into forklifts grows

Mon, 04/16/2018 - 10:25 -- gerry@bestmag.co.uk
Lithium creep into forklifts grows

The growing impact of lithium-ion power in the traditional lead acid traction market could be seen last week at Modex in Atlanta— a major US supply chain trade fair.

Exide, one of the USA’s big four and predominantly lead-acid makes, launched a lithium-ion battery aimed the forklift  and autonomous guided vehicle market while Navitas announced a lithium-ion deal with Hyster— one of the largest global players in materials handling equipment.

 

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CATL ‘gets IPO green light’ for battery investments

Mon, 04/09/2018 - 11:22 -- John Shepherd
CATL ‘gets IPO green light’ for battery investments

China’s securities regulator has reportedly approved a planned CNY13.12 billion ($1.98bn) initial public offering by lithium battery giant, Contemporary Amperex Technology (CATL), to expand its automotive battery business.

The China Securities Regulatory Commission (CSRC) gave CATL’s application the green light on 4 April, the state Xinhua News Agency said.

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Li-powered hoverboards top fire risk concerns in US

Mon, 04/09/2018 - 10:51 -- John Shepherd
Li-powered hoverboards top fire risk concerns in US

Consumer safety chiefs in the US have issued a fresh warning about fire risks from a range of lithium-ion powered devices and toys— with hoverboards at the top of the list of concerns.

Hoverboard importers, retailers and distributors in the US have been urged to review product safety standards after US Consumer Product Safety Commission (CPSC) data showed the toys— also known as self-balancing electric scooters— were responsible for more than 280 fires in the country since 2015 and three deaths.

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North Carolina installs GridStar BESS with solar

Tue, 04/03/2018 - 12:12 -- John Shepherd
North Carolina installs GridStar BESS with solar

Lockheed Martin and Cypress Creek Renewables have commissioned 12MWh of GridStar lithium-ion energy storage systems for 12 solar-plus-storage projects in North Carolina.

Lockheed said the system will serve communities supplied by the Brunswick Electric Membership Corporation utility.

 

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BYD plans China battery recycling plant

Tue, 04/03/2018 - 11:38 -- John Shepherd
BYD plans China battery recycling plant

Chinese electric vehicle maker BYD has confirmed plans to open a battery recycling plant in Shanghai.

A BYD spokesperson told BBB the plant would go ahead but said a date for the project’s start had yet to be fixed.

 

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Uber plans for electric flying taxis strictly for the birds?

Tue, 04/03/2018 - 11:33 -- John Shepherd
Uber plans for electric flying taxis strictly for the birds?

Flushed with its success in the global taxi business, Uber believes the sky is the limit for its next big venture— battery-powered flying cabs.

The company’s plans for its new service to start “full-scale operations” in some cities within the next 12-15 years were unveiled to some of the world’s leading battery experts at last week’s Florida International Battery Seminar & Exhibit.

 

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