LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%. The company said that those responses include continued switching battery cell lines between manufacturing of electric vehicle (EV) and energy storage system (ESS) products as it announced fourth quarter and full-year 2024 financial […]
Lithium News
A $1.2B battery-grade lithium refinery breaks ground in Oklahoma
Stardust Power (Nasdaq: SDST), a US battery-grade lithium product developer, has officially broken ground on its $1.2 billion lithium refinery in Oklahoma, which will be one of the largest in the US. The facility will eventually be able to produce up to 50,000 metric tons per year of battery-grade lithium. January 27, 2025, update: Last month, […]
New ‘single-crystal’ electrode battery tech could power EVs for millions of miles
The electric vehicle industry is on the brink of a major breakthrough with the development of a longer-lasting EV battery featuring single-crystal electrodes. According to new research, this innovation could allow EVs to travel millions of miles—far outlasting the lifespan of the vehicles themselves. The findings published in the Journal of The Electrochemical Society highlight […]
Ordinary Driving Adds More Life To EV Batteries (It’s Official!)
Estimating the lifespan of EV batteries is a tricky but essential task to make the sustainability case for EVs not just firm but unassailable. Apparently, automotive researchers have been doing it wrong all this time. They have based their calculations on laboratory tests, whereas new studies reveal that batteries last longer than anticipated when real-world […]
Nio Onvo sees over 5,000 battery swap services in single day
Onvo, a sub-brand of Nio (NYSE: NIO), saw the use of the battery swap service by car owners reach a milestone, as the peak of travel arrives on the eve of the Chinese New Year. Onvo drivers surpassed 5,000 battery swap services in a single day on January 25, the Nio sub-brand announced today on […]
New exploration results at Savannah’s Portugal lithium project point to larger deposit
The latest exploration results at Savannah Resources’ (SAVS.L), opens new tab Barroso lithium project in northern Portugal point to a larger deposit than the previously estimated 28 million metric tons of high-grade lithium, the company said on Wednesday. Savannah, which wants to build four open-pit mines in the region to extract enough lithium each year […]
US bets on new lithium extraction technology
The US Department of Energy (DOE) has committed to a $1.4 billion loan for a project that will use an emerging technology to separate lithium from geothermal brines in California. The agency says the loan, to EnergySource Minerals, is an important step toward establishing a battery supply chain in the US. EnergySource plans to build […]
Yarn-like battery prototype uses seawater to power devices
Most batteries are rigid and incompatible with water. But people work and play in oceans and estuaries, and they could benefit from flexible and saltwater-safe power sources. Now, researchers report in ACS Applied Materials and Interfaces on a yarn-like battery prototype that works when immersed in seawater. They knotted the rechargeable strands into a fishing […]
Lithium-sulfur battery retains 80% charge capacity after 25,000 cycles
An international team of engineers and materials scientists has developed a lithium-sulfur battery capable of retaining 80% of its charge capacity after 25,000 cycles. Their paper is published in the journal Nature. To make batteries smaller and lighter, engineers continually look for new materials. Such efforts tend to focus on the electrodes where lithium is […]
Lithium-sulfur battery retains 80% charge capacity after 25,000 cycles
An international team of engineers and materials scientists has developed a lithium-sulfur battery capable of retaining 80% of its charge capacity after 25,000 cycles. Their paper is published in the journal Nature. To make batteries smaller and lighter, engineers continually look for new materials. Such efforts tend to focus on the electrodes where lithium is […]