Q&A with CEO Ajay Kochhar It’s usually one of the first objections cited by EV naysayers: batteries can’t or won’t be recycled, and they contain hazardous materials that will end up in landfills. In fact, no such sinister scenario is likely—most of the components of Li-ion batteries are valuable, and it’s quite feasible, technically and economically,… Read more »
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UN highlights social and environmental impacts of surging demand for battery raw materials
Demand for raw materials used in the production of EV batteries is expected to soar, and the UN trade body, UNCTAD, says the industry urgently needs to address the social and environmental impacts of the extraction of raw materials. UNCTAD predicts that the market for EV batteries will grow from an estimated $7 billion to… Read more »
Northvolt to supply €2 billion worth of green battery cells to BMW
The BMW Group has signed a long-term battery cell supply contract worth 2 billion euros with Swedish supplier Northvolt. The cells will be produced beginning in 2024 at the Northvolt Ett gigafactory, which is currently under construction in Skellefteå in northern Sweden. Northvolt Ett in Sweden is to go on line in 2021 with an… Read more »
Specialized motor materials and constructions (Part 2)
The previous article in this two-part series looked at specialized materials that are (or will be) used in motors; the focus this time will be on the innovative methods of construction that make motors more suitable for EV traction applications. Separating the wheat from the chaff is especially important here, because hyperbole (and outright fantasy)… Read more »
China sales and impending Semi production send Tesla shares into the stratosphere
Tesla’s stock briefly cracked the thousand-dollar mark, setting a new all-time high and raising the company’s market valuation to over $180 billion, making it the world’s most valuable automaker, after Toyota. The main impetus for the stock surge seems to have been a stellar sales report from China. Tesla sold 11,095 Shanghai-made Model 3s in… Read more »
Report: EVs will drive demand for nickel sulfate over the next decade
In a newly-released report on the nickel sulfate industry, Roskill forecasts that the expanding EV industry will become the key driver of growth in nickel demand. In the past, the market for nickel sulfate was largely driven by the plating industry and non-Li-ion battery applications, such as NiMH and NiCd batteries, but year-over-year growth in… Read more »
Solid-state battery tech: What’s close to commercialization, and what’s still years away?
With a fresh round of funding, Wildcat Discovery Technologies is busy expanding its facilities, building up its battery team and doubling down on promising solid-state research projects. We asked the energy storage experts to help clear up the hype around solid-state batteries. Whenever Charged needs to better understand the complexities of the latest and greatest battery… Read more »
German bakery builds EV charging park with 114 chargers, solar power and battery storage
Who knew that bakers would be major drivers of the electromobility revolution? Mexican bakery giant Bimbo is building its own electric delivery vans, and now we learn that German organic baker Roland Schüren is building what’s billed as Europe’s largest electric car charging park. The bakery’s charging facility is located at the busy Kreuz Hilden… Read more »
Critical battery metals could be mined from polymetallic nodules found on the ocean floor
The electrification of global transport and buildout of renewable energy storage will require hundreds of millions of tons of nickel, cobalt, copper and manganese. As demand rises, so will concerns about shortages, and the environmental and social costs of producing these metals. DeepGreen Metals is a deep-sea minerals exploration and development company with a mission… Read more »
Fortum, BASF and Nornickel to partner on battery recycling
Finish utility company Fortum, German chemical company BASF, and Russian mining company Nornickel have signed a letter of intent to develop a battery recycling cluster in Harjavalta, Finland. The companies aim to promote the production and use of recycled raw materials in the EV battery market. BASF will use the recycled materials in its planned… Read more »