Category Archives: Lithium Battery

LG Energy Solution Plans to Begin Mass Production for All-Solid-State Batteries in 2026

published: 2021-07-30 9:30 | editor | category: News
Park Jinyong, Asia marketing manager for LG Energy Solution, said that his company is currently developing a polymer lithium-sulfur battery. This new generation of all-solid-state battery technology, which is expected to offer even higher energy density, lower weight, and greater safety, could be applied to electric vehicles, drones, and remote-controlled crafts. ...  more

Shangluo Battery Industrial Park in Shaanxi Enters a New Phase in Its Development

published: 2021-07-12 9:30 | editor | category: News
The official ceremony to herald the start of the operation of Shangluo New Material and Battery Industrial Park was held on May 31. The new industry cluster is situated in the High-Tech Development Zone of Shangluo, a city in the Chinese province of Shaanxi. The total investment in this project is estimated to amount to around RMB 1.09 billion. ...  more

Tesla Expects to Procure Over USD 1 Billion of Battery Materials from Australia Every Year

published: 2021-07-05 9:30 | editor | category: News
At a recent event hosted by the Minerals Council of Australia, Robyn Denholm, chairperson of Tesla, said her company plans to spend more than USD 1 billion a year to procure raw materials from Australia. Tesla especially wants to tap into the country’s rich reserves of lithium and nickel. Presently, Tesla sources three-fourths of its lithium and over a one-third of its nickel from the country. ...  more

BYD Rumored to Enter Automotive Li-Ion Battery Market in 2H21 in Competition with LG Chem, CATL

published: 2021-04-16 9:30 | editor | category: News
Competition in the global EV battery market has been intensifying. Case in point, according to Korean energy research consultancy SNE Research, the three major Korean EV battery manufacturers saw their market shares plummet in January and February this year under mounting pressure from Chinese competitors, among which CATL and BYD saw significant growths. ...  more

Guoxuan High-Tech Achieves New High in LFP Battery Density; CATL Expands New Factory

published: 2021-02-12 18:30 | editor | category: News
Automotive lithium iron phosphate (LFP) battery has hit record high in energy density, and the demand has amplified alongside the production expansion of Tesla. Guoxuan High-Tech plans to manufacture the new batteries starting from the end of 2021, and the Chinese leader in lithium battery, CATL, once again added another RMB 1.8 billion for the factory expansion in Yibin or Sichuan, with a potential production capacity of 80K tons. ...  more

Estonian Startup and Germany’s KIT Will Jointly Develop a “SuperBattery” Featuring 15-Second Charge

published: 2020-10-12 18:30 | editor | category: News
Recent advances in material technology have led to the development of new types of energy storage devices that greatly surpass conventional lithium-ion batteries in terms of performance. This September, Skeleton Technologies GmbH announced that it is teaming up with the Karlsruhe Institute of Technology (KIT) to develop a “SuperBattery”. Skeleton is a startup based in Estonia, while KIT is one of Germany’s major research and educational institutions. According to the press release from Skeleton, the SuperBattery is designed to be fully charged in just 15 seconds and has a huge potential in the application field of electric vehicles (EV). ...  more