Russia’s Uranium One Aims To Capture 10% Of Global Lithium Market By 2030
Russian state-owned mining group Uranium One Inc. plans to begin producing lithium in 2023 and to capture as much as 9% to 10% of the global market by 2030, the head of the country’s nuclear fuel distributor said in an…
LG Chem To Spin-Off World’s Largest Electric Car Battery Business
LG Chem plans to spin off its lucrative electric vehicle battery business, the world’s largest, to fund an expansion of its facilities through a potential initial public offering as it benefits from a surge in orders. The South Korean company,…
Chinese Battery Maker Plans Factory In France
Chinese renewable energy group Envision is looking to build a battery factory in France to supply the growing electric vehicle market, a French newspaper reported. The company, which has battery production plants in Japan, the U.S., Britain and in China,…
Kandi Announces Establishment Of China Battery Exchange Technology Co., Ltd.
Kandi Technologies Group, Inc. announced the establishment of a wholly-owned subsidiary for its battery swapping services: China Battery Exchange Technology Co., Ltd. By establishing the China Battery Exchange Technology Company, Kandi can better monetize its dozens of patents in the…
A Bill Gates-Backed Electric Vehicle Battery Developer Is The Latest Firm To Publicize Its Acquisition
An electric vehicle battery developer financed by Bill Gates and Volkswagen is the latest firm to reveal its intention of undergoing amalgamation through an explicit peculiar acquisition process. QuantumScape, which manufactures vehicle batteries, explained to the public that it would…
California Startup Aims To Tackle Battery Degradation In Electric Cars
Lithium-ion batteries are essential to electric vehicles, but they have drawbacks: They are hard to make and degrade over time. A San Leandro, California-based start-up said it had raised $4 million in funding and is working with German chemical giant…
Magnis Takes Next Step Towards “Six-Minute” Electric Vehicle Battery
Magnis Energy Technologies has taken the next step towards commercializing an electric vehicle battery that can recharge a vehicle in six minutes. The ASX-listed company had revealed in July that it had an electric vehicle battery in development that could…
European Union Adds Lithium To Critical Raw Materials List
The European Union (EU) has added lithium, a key component for batteries in electric vehicles (EVs), to its list of critical raw materials for the first time. The latest announcement was made by the EU Commission, the 27-nation bloc’s executive,…
Oil Major Total, Carmaker PSA Set-Up $6B EV Battery Venture
Supermajor Total continues to invest in clean energy by creating a joint venture with automaker Groupe PSA to manufacture batteries for electric vehicles in Europe—a project expected to mobilize investment of more than US$5.9 billion (5 billion euro). Total, via…
C-MET Seeks Co-funding Partners For Li-ion And Na-ion Battery Cell Manufacturing
The Center for Materials for Electronics Technology (C-MET) has invited Expressions of Interest (EoI) from interested parties for collaboration with the Center of Excellence for rechargeable battery technologies (Pre-cell). The interested parties would include public sector units, private industry, and…
