Category Archives: Lithium Battery

SKI to Build Second EV Battery Plant in China

published: 2019-12-18 0:30 | editor | category: News
SK Innovation (SKI) of South Korea is reportedly planning to invest a total of US$1.05 billion in an electric-vehicle battery plant in Yancheng City of China’s Jiangsu Province. The new battery plant will be its second plant in China, following the first one, which is based in Changzhou. ...  more

Battery Industry Leaders Invest $18 Million in Seattle Start-up: Group14 Technologies to Scale Li-ion Anode Material That Promises 30% Improvement in Energy and Cost

published: 2019-11-26 11:30 | editor | category: News
Group14 Technologies (https://www.group14technologies.com) has announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale up manufacturing of a next generation anode material and advance into commercial production. ...  more

Nikkei: This Year’s Nobel Prize in Chemistry Draws Attention to the Competition in Li-Ion Battery Industry

published: 2019-10-21 11:46 | editor | category: News
The Royal Swedish Academy of Sciences has awarded the 2019 Nobel Prize in Chemistry to John Goodenough, Stanley Whittingham, and Akira Yoshino for their work in developing lithium-ion (Li-ion) batteries. The sharing of the prestigious prize among the three scientists has also reignited the market’s interest in Li-ion batteries, an energy storage technology that is now indispensable in people’s everyday lives. ...  more

India Develops the World's First Iron-ion Battery

published: 2019-08-26 15:02 | editor | category: News
A research team from India's IIT (Institute of Technology) Madras has officially developed the world's first iron-ion battery, which promises a low-cost stable alternative to the existing mainstream lithium-ion battery. ...  more

Reuters: LG Chem Plans to Build a New US$1.7 Billion EV Battery Plant in the US

published: 2019-07-18 10:25 | editor | category: News
LG Chem, South Korea’s major manufacturer of powertrain batteries for electric vehicles (EVs), is contemplating on investing a second battery production plant in the US so as to meet the increasing demand from American car makers, according to an exclusive report from Reuters on July 11. Sources with knowledge on this matter told Reuters that LG is planning to commit as much as US$1.7 billion into this project, and that the new plant could be up and running as early as 2022. ...  more