Recent developments that highlight the evolution of two and three-wheelers to all-electric have captured the interest of companies in the Battery Swapping technology space. New Delhi: The biggest challenge in the first and the last mile commute solution – Electric Rickshaw (e-rickshaw) — is the time-consuming battery charging, but battery swapping can eliminate wait time […]
Batteries
Ford plans to develop and produce electri vehicle batteries
DETROIT: Saying that it wants to control the key technology for electric vehicles, Ford plans to open a battery development center near Detroit by the end of next year. The company said the 200,000-square-foot facility will have equipment to design, test and even do small-scale manufacturing of battery cells and packs. The $185 million lab […]
Hyperdrive Innovation recognised with Prestigious Queen’s Award for Enterprise as global demand for electrification reaches new heights
Sunderland-based lithium-ion battery pack manufacturer receives Queens Award for Enterprise for excellence in Innovation. The award follows an unprecedented year of growth for Hyperdrive as demand for electrification skyrockets in the race to Net Zero. Hyperdrive’s battery packs are already supporting the decarbonisation of multiple industries, with customers including JCB, Hitachi Rail and the world’s […]
Copper hits over 10-year high on supply woes, demand revival hopes
HANOI: Copper prices hit a 10-year high on Tuesday over supply worries in top producer Chile and as investors hope for an improvement in global demand amid a stable economic recovery and green investments. The most-traded June copper contract on the Shanghai Futures Exchange jumped as much as 3.5% to 72,820 yuan ($11,230.38) a tonne, […]
Omega Seiki ties up with US-based C4V to introduce solid state batteries in India
New Delhi : Omega Seiki, a part of Anglian Omega Group of companies, on Tuesday said it has joined hands with New York-based company C4V to introduce solid-state batteries for electric vehicles (EVs) and the renewable sector in India. As part of a Memorandum of Understanding (MoU), the two companies are also looking at the […]
Lithium-ion battery maker Lohum to invest up to Rs 250 cr in three years on capacity expansion
New Delhi : Lithium-ion battery pack manufacturer and recycling company Lohum plans to invest up to Rs 250 crore in the next three years to enhance its capacity with plans to foray into electric four-wheeler battery segment, according to a top company official. The company, which currently has battery manufacturing capacity of 300 megawatt-hours per […]
Lithium-ion battery maker Lohum to invest up to Rs 250 crore in three years on capacity expansion
The current capacity of the company is approximately 300 megawatt-hours per annum and in terms of units per day it translates into about 200-250 units a day. New Delhi: Lithium-ion battery pack manufacturer and recycling company Lohum plans to invest up to Rs 250 crore in the next three years to enhance its capacity with […]
LG Energy, General Motors to build $2.3 billion EV battery factory in US
Ultium Cells, the joint venture between LG and GM, will build a second US factory with an annual capacity of 35 gigawatt-hours, similar to the first one under construction in Ohio. Seoul: South Korean battery maker LG Energy Solution Ltd said on Saturday its joint venture with American automaker General Motors Corp. will build a […]
RWE Renewables’ first European-based battery storage project has entered full operations in Ireland.
The 8.5MWh battery storage facility will be capable of providing a rapid delivery of electricity into the power grid in order to balance fluctuations resulting from the growing proportion of electricity generated by intermittent renewables. The site is located in Stephenstown, Balbriggan, in County Dublin and is the first of two battery storage facilities that […]
BYD Rumored to Enter Automotive Li-Ion Battery Market in 2H21 in Competition with LG Chem, CATL
Competition in the global EV battery market has been intensifying. Case in point, according to Korean energy research consultancy SNE Research, the three major Korean EV battery manufacturers saw their market shares plummet in January and February this year under mounting pressure from Chinese competitors, among which CATL and BYD saw significant growths. Incidentally, the […]