LG Energy Solution to Invest KRW 7.2 Trillion to Build Battery Manufacturing Complex in Arizona, Step Up EV and ESS Battery Production in North America
-The largest single investment ever for stand-alone battery manufacturing facility in North America
-The new manufacturing complex to produce cylindrical batteries for EVs (27GWh) and LFP pouch-type batteries for ESS (16GWh), with total annual production capacity reaching 43GWh
LION ENERGY LAUNCHES LION SANCTUARY™ 12K TO EXPAND ACCESSIBILITY TO ENERGY STORAGE SOLUTIONS
Lion Sanctuary™ 12K is a safe, cost-effective home and office energy storage system solution
Electric Aircraft Market Will Generate USD 50.86 Billion in Next Decade
The market for electric aircraft is expected to expand almost 20.6% over the next decade and generate $50.86 billion in annual revenue in 2032, according to Precedence Research.
CATL presents liquid-cooling CTP energy storage solutions at World Smart Energy Week
CATL, a global leader of new energy innovative technologies, highlights its advanced liquid-cooling CTP energy storage solutions as it makes its first appearance at World Smart Energy Week, which is held from March 15 to 17 this year in Tokyo, Japan.
Hydrogen Fuel Cell Truck Market Set for Rapid Expansion
The hydrogen fuel cell truck market is expected to experience significant growth in the coming years. With a focus on reducing emissions, more companies are investing in hydrogen fuel cell technology to power their trucks. This market is expected to expand rapidly due to increasing demand for clean and sustainable transportation solutions.
Electra Produces Lithium from Battery Recycling Trial, Significantly Improving its Project Economics
The recovery and subsequent production of a technical-grade lithium carbonate product in a plant-scale setting validates Electra's proprietary hydrometallurgical process and efforts to date in commissioning its larger refinery complex.
FORD TAPS MICHIGAN FOR NEW LFP BATTERY PLANT; NEW BATTERY CHEMISTRY OFFERS CUSTOMERS VALUE, DURABILITY, FAST CHARGING, CREATES 2,500 MORE NEW AMERICAN JOBS
Ford is the first automaker to commit to build both nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) batteries in the U.S., helping America's No. 2 EV company in 2022 bring EVs to more customers and diversify its U.S. supply chain
Trax Shares Next-Level Emissions and Cost Optimization Strategy
Trax Named a Representative Vendor in Gartner 2023 Freight Audit and Payment Market Guide
Electric Vehicle Market Significant Growth in Recent Years
The global electric vehicle (EV) market has experienced significant growth in recent years, driven by increasing concerns over climate change, government incentives, and advancements in technology.
LG Energy Solution and Honda Break Ground for New Joint Venture EV Battery Plant in Ohio
EV batteries from the facility, over 2 million sq. ft. in size, to be provided exclusively to Honda auto plants to produce EVs to be sold in North America
EID Robotics Selected to Ramp Up Ample's EV Battery Production in California
Through this partnership, Ample will automate its EV Battery manufacturing with EID Robotics' automated ANT Plant assembly line.
Li-Cycle Receives Conditional Commitment for $375 Million Loan from the U.S. Department of Energy ATVM Program
-Supports Li-Cycle's Rochester Hub, which is expected to be the first source of recycled battery-grade lithium in North America
-First support from DOE ATVM Program for a resource recovery facility and sustainable pure-play lithium-ion battery materials recycling company
ONE Expands into Renewable Energy Storage: Announcing Aries Grid™
-Aries Grid is a safer, more sustainable energy storage system based on LFP cells that will be manufactured by 2024 at ONE Circle, the company's Michigan factory.
-Aries Grid will be offered in 2-, 3- and 6-MWh options to support modular and scalable renewable energy storage.
-Aries Grid is economically competitive renewable energy storage at utility scale enabled by the Inflation Reduction Act (IRA).
Battery Startup NanoGraf Raises $65 Million Series B to Scale North American Production of Silicon Anode Products
Series B funding comes soon after $10 million contract from the U.S. Government to develop the first large-volume silicon oxide anode manufacturing facility in the Midwest
Thinking Outside the Store
How DSD helped T-Mobile pursue its goal of 100% renewable electricity use by tapping into off-site community solar projects.
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