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Industry news

All the news and views from the world of energy storage and associated industries.

China-US firms invest in Beijing batteries project

China-US firms invest in Beijing batteries project

Chinese carmaker BAIC Group and US-owned Chinese battery firm Funeng Technology (Ganzhou) are to invest a total of CNY10 billion ($1.2bn) to launch a batteries plant for new energy vehicles in Shunyi, Bejing.

Daimler joins investors in fast-charge firm StoreDot

Daimler joins investors in fast-charge firm StoreDot

Israeli start-up StoreDot has raised a further $60 million to support the scaling-up of its electric vehicle (EV) fast-charge FlashBattery technology in a third round of funding led by the truck division of Germany’s Daimler.

Study “changes lead absorption assumptions”

Study “changes lead absorption assumptions”

New analysis indicates that earlier studies into lead absorption levels of workers in the battery industry “likely overestimated” the rates of absorption.

VW unveils $60bn batteries investment plan

VW unveils $60bn batteries investment plan

Volkswagen has announced plans to invest more than EUR50 billion ($60bn) in battery cells and related technology, towards the electrification of its entire model portfolio by 2030 “at the latest”.

South Korea plans Li-on push in face of China sanctions

South Korea plans Li-on push in face of China sanctions

South Korea is backing plans by the country’s battery giants to inject a total of KRW2.3 trillion ($2.3 billion) into the sector over the next three years, to expand production and challenge China’s increasing dominance of the market.

India’s lead battery market ‘on the up’

India’s lead battery market ‘on the up’

The lead-acid business in India is set to soar over the next few years and demand from stationary and motive applications (SMA) will more than double in value, according to a new report.

Study points way to ‘safer batteries’

Study points way to ‘safer batteries’

Researchers in Japan say they have identified new solid materials that could lead to the production of “potentially-safer” lithium-ion batteries.

 

E.ON breaks ground for Texas batteries

E.ON breaks ground for Texas batteries

The US arm of Germany-based power group E.ON has started building two additional lithium-ion battery storage facilities in the US— co-located at the company’s Pyron and Inadale wind farms in West Texas.

Swatch countdown to launch EV batteries for China’s Geely

Swatch countdown to launch EV batteries for China’s Geely

Swiss watchmaker Swatch expects to get the green light for its newly-developed car batteries to be used in electric vehicles made by Chinese automaker and joint-venture partner Geely next year, according to a report.

Corvus nets Norwegian battery storage contract

Corvus nets Norwegian battery storage contract

Maritime energy storage firm Corvus Energy is to supply its lithium-ion battery storage products to Norwegian maritime electronics firm, Elmarin AS, for three new fishing vessels with battery-based hybrid propulsion.

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