Battery manufacturer LG Energy Solution and Impact Clean Power Technology (ICPT), a public transportation battery system supplier, have signed a supply agreement for nickel cobalt manganese (NCM) lithium-ion battery modules. Under the three-year battery supply agreement, LG Energy Solution will supply approximately 200,000 battery modules from its Wroclaw plant in Poland to ICPT’s GigafactoryX in… Read more »
Search Results Found For: "cobalt"
Northvolt’s sodium-ion battery validated at 160 Wh/kg
Northvolt has introduced a sodium-ion battery for energy storage systems. The cell has been validated for specific energy exceeding 160 Wh/kg at Northvolt Labs in Västerås, Sweden. Northvolt developed the sodium-ion technology for the battery together with research partner Altris. The battery uses abundant iron and sodium and is safer, cheaper and more sustainable than… Read more »
EcoPro wins 5-year high-nickel NCA cathode material supply contract with Samsung SDI
EcoPro BM, a South Korean cathode materials company, has won a 5-year, $33.4-billion (43.87 trillion KRW) contract to supply high-nickel NCA cathode material to battery manufacturer Samsung SDI. The contract runs from 2024 through 2028. The sales unit price for the actual transaction will be determined by applying the price of raw materials (nickel, cobalt,… Read more »
New report: automakers have secured less than a fifth of battery metals required for 2030 EV production
When it comes to electrifying by the magic date of 2030, automakers talk a great game—but if you want to know which companies are serious about electrification, look into which ones are lining up supplies of critical battery minerals. According to a recent report from Transport & Environment (T&E), automakers in the European market have… Read more »
LG Energy Solution and Impact Clean Power sign agreement to power electric buses in Europe
LG Energy Solution, a manufacturer of lithium-ion batteries, and Impact Clean Power Technology (ICPT), a supplier of heavy-duty battery systems, have signed a supply agreement for nickel-cobalt-manganese (NCM) battery modules. LG Energy Solution will ship 200,000 battery modules from its Wroclaw, Poland plant to ICPT’s GigafactoryX in Pruszkow over the next three years to be… Read more »
Cathode active materials for lithium-ion batteries could be produced at low temperatures
Layered lithium cobalt oxide (LiCoO2), a key component of lithium-ion batteries, has been synthesized at 300° C in 30 minutes by a team of researchers at Hokkaido University and Kobe University. Lithium cobalt oxide is used for the cathode in lithium-ion batteries and traditionally, the synthesis of this compound takes 10-20 hours to complete at… Read more »
Toyota to source recycled EV battery components from Redwood Materials
Redwood Materials, the battery recycling company founded by Tesla co-founder JB Straubel, is focused on two of the most critical battery components: cathode active materials (CAM) and anode copper foil. Together, these two components account for the majority of the cost of a battery cell, the company explains, and at the moment, they are produced… Read more »
ABI Research: tech advances to drive six-fold increase in EV battery production by 2030
New research from global technology intelligence firm ABI Research finds that global EV battery output production could increase by nearly six times to 2,585 GWh by 2030. This EV battery surge will strain raw material supply. ABI predicts that lithium and cobalt consumption for EV batteries will grow by 5.3 times and 3.2 times, respectively,… Read more »
Stellantis and Orano enter EV battery recycling agreement
Automaker Stellantis and nuclear energy company Orano have signed a memorandum of understanding to form a joint venture to recycle EV batteries and scrap. Stellantis will have access to cobalt, nickel and lithium from gigafactories in Europe and North America for electrification and energy transformation. The joint venture will produce “black mass” or “active mass.”… Read more »
Researchers develop a new approach for EV battery recycling
Researchers at Chalmers University of Technology in Sweden have developed a new approach to recycling metals from used EV batteries. The method recovers 100% of the aluminum and 98% of the lithium from EV batteries, according to the researchers. In traditional aqueous-based recycling, all EV battery metals are dissolved in inorganic acid to remove impurities… Read more »