The European Investment Bank (EIB) has granted a €125-million loan to Umicore, the Belgian-based global materials technology and recycling group, to finance part of a greenfield production facility for cathode materials in Poland. The cathode materials will be supplied to battery manufacturers of lithium-ion batteries that are primarily used in EVs. The EIB loan will… Read more »
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Hyundai/Kia’s new EV heat pump technology
Hyundai and Kia have revealed the details of their new heat pump system, which is designed to maximize EV driving range in low temperatures. The automakers say the heat pump maximizes the distance that EVs can travel on a single charge by scavenging waste heat to warm the cabin. The original technology was introduced 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 »
Clean Energy Trust invests in battery lifecycle SaaS company Renewance
Clean Energy Trust, a nonprofit that makes seed investments in clean-tech startups from the US Midwest, has announced an investment in Renewance, a provider of a software-as-a-service (SaaS) platform for battery lifecycle management. Renewance provides battery management solutions to the energy storage and EV industries. Services include: enabling clients with defective or end-of life batteries… Read more »
New research: Using ionic liquids to recycle neodymium magnets
Researchers have demonstrated the use of ionic liquids for recycling bonded neodymium (NdFeB) permanent magnets—-the type often used in EV motors. Their work, which could ease the strain on rare earth materials, is published in the open-access journal Green Chemistry. “Ionic liquids (ILs) are known to be excellent green solvents for many types of synthetic… Read more »
UC San Diego’s research roadmap for the challenges of solid-state batteries
The race is on to develop batteries that are less expensive, safer, longer-lasting, more energy-dense, and easily recyclable. All-solid-state batteries show promise, but obstacles to their wide-scale adoption remain. In a review article published in Nature Nanotechnology, nanoengineers at the University of California San Diego (UCSD) offer a research roadmap that discusses four challenges of… Read more »
Report predicts energy storage market will exceed $500 billion by 2035
The energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a new report from Lux Research. Lux estimates that the three main drivers of energy storage—mobility applications (BEVs and FCEVs), electronic devices, and stationary storage—will reach an annual combined deployment level of 3,046 GWh over the next… Read more »
Report: cobalt supply for EV batteries is adequate for now, but should be scaled up to meet future demands
The growth of the EV market depends on the continued availability of key materials such as cobalt, an element used in battery cathodes. Scientists from the American Chemical Society (ACS) wanted to find out if planned cobalt expansions could keep pace with this rapid growth. Their research, published in the ACS journal Environmental Science &… Read more »
EU approves €3.2-billion project to create more sustainable Li-ion batteries
The European Commission recently approved a €3.2-billion research project focused on every level of the value chain of Li-ion batteries in the European market. The Commission designed the project to support the development of innovative technologies that improve charging time, battery life, safety and sustainability. The project participants will focus on four areas: Raw and… Read more »
Cummins partners with UC San Diego on second-life battery development
Cummins has announced a multi-year partnership with the University of California San Diego and its battery validation lab to analyze viable business and technical approaches to effectively reuse and repurpose EV batteries. UC San Diego will perform accelerated testing and real-world application testing, and will develop an outdoor second-life demonstration system comprised of Cummins battery… Read more »