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Lithium Ion Batteries

Volkswagen leads €886 million investment in Northvolt to power Europe with its gigafactory for lithium-ion batteries

The future will require sustainable batteries to store renewable energy, and lots of them. Stockholm-based Northvolt has taken the lead, and has just announced a capital raise of €886 million to build Europe’s first gigafactory for lithium-ion battery cells, Northvolt Ett, in Skellefteå, Sweden. This comes just a month after securing a €350 million loan […]

India’s lithium gigafactory ambition raised to 50 GW, tender likely soon

The government is considering financial incentives such as import and export duty waivers to woo battery manufacturers to set up a globally competitive manufacturing base in India. Domestic and overseas manufacturers could soon be invited to set up 50 GW of lithium-ion battery production capacity in India with the government set to consider proposals for […]

Electric scooter gets charged up in just five minutes with a battery from BP-backed StoreDot

StoreDot’s lithium-ion battery managed to recharge an electric scooter from Spanish firm Torrot in just five minutes. The Israel-based start-up is in a race with multiple firms looking to speed up recharging times for electric vehicles. Super-fast charging for electric cars likely won’t come onto the market until 2023, StoreDot’s CEO says. Israel’s StoreDot is […]

Global Lithium-ion Battery Production and Capacity Expansion Report 2019-2025 – ResearchAndMarkets.com

DUBLIN: The “Global Lithium-ion Battery Production and Capacity Expansion, Forecasts to 2025” report has been added to ResearchAndMarkets.com’s offering. The study gives us a detailed analysis of the current and future production and plant capacity expansion trends in the lithium ion battery market and technology space. It can also be used to gain insights into […]

Electric Vehicles Are Driving Demand For Lithium – With Environmental Consequences

As the world moves towards a low-carbon future, there is a growing range of technological advancements facilitating the transition away from fossil fuels. Transportation and energy production are two sectors that desperately need to reduce emissions, and developments in electric vehicles and battery storage are rapidly changing both markets. Lithium, sometimes referred to as “white […]