Lead-acid batteries and lithium raw materials have been dragged into the now highly-charged trade tariffs bust-up between the US and China.
President Donald Trump has ordered that “lead-acid batteries of any kind” be included in a new list of $200 billion worth of Chinese imports subject to tariffs of 10%.
Lithium-ion batteries continue to be in the spotlight for all the wrong reasons— the latest being fatal crashes and fires in the US and Europe.
The US National Transportation Safety Board (NTSB) has confirmed it is investigating a crash involving a 2014 Tesla Model S in Florida, which was “reportedly traveling at a high rate of speed when it struck a wall resulting in a post-crash fire”.
A new US-Korean joint venture has announced plans to launch a major lithium-ion batteries recycling operation in the US.
Metallica Commodities Corp (MCC) and SungEel HiTech said the new company, SungEel MCC Americas (SMA), will “redefine” the lithium-ion battery, e-waste recycling, energy and metals markets in North America— “where consumption of cobalt and lithium has outpaced supply in recent years”.
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.