Lithium Battery

China exhibited strong and growing demand for Li-ion batteries used in electric vehicles and energy storage systems during the first half of this year. On other hand, the country’s demand for Li-ion batteries used in consumer electronics was anemic in the same period. Global market intelligence firm TrendForce notes that shipments of anode materials in China totaled around 500,000 tons for the first half of 2022, showing a year-on-year growth rate of 56%. TrendForce also projects that the total shipments in the country for the whole 2022 could surpass 1.15 million tons. ...  more

Lithium-ion batteries are used in smart phones, laptops, electric vehicles, and battery energy storage systems in various industries and companies have paid great attention to lithium ore and battery supply chains for their own ESG performance. Now scientists have found a way to establish a tracking system through the atoms in lithium batteries to ensure that purchased products are insulated from disputes. ...  more

Tesla battery supplier Panasonic's first-quarter financial report was released and revenue fell 39% due to the impact of China's lockdown and rising battery raw material costs. ...  more

Many batteries cannot stand up to harsh weather conditions but recently American scientists have developed batteries that can perform well in extreme heat and cold, from up to 50°C to -40°C, and store a lot of energy. ...  more

Many Chinese companies involved in the lithium battery industry are projecting impressive financial results for the first half of this year because of the continuing boom in the global market for new energy solutions. ...  more

Aleees and the Israel Chemicals Limited (ICL) announced today that both parties had signed a MOU on May 17th this year, for which the former authorizes the latter with patents and mass production technology regarding lithium battery materials such as LFP and LFMP, in order to accelerate the development for cathode materials for the US. ...  more

The last section of the power battery industry chain is battery recycling and material recovery, and it has been attracting much attention lately. To capture the huge potential business opportunities in this section, GEM’s wholly-owned subsidiary “Wuhan Power Battery Regeneration Technology Co. Ltd.” is raising capital from strategic investors in order to build facilities for processing decommissioned batteries. GEM is a major Chinese supplier for battery materials. ...  more

With global sales of new energy vehicles hitting new highs, the price of lithium, a rare metal used in battery raw materials, has soared. In response to the soaring price of lithium, Chinese electric vehicle manufacturer BYD is rumored to have found six lithium mines in Africa and has reached acquisition agreements. The mines are expected to meet its battery demand for the next 10 years. ...  more