If one obstacle to electric-car adoption is the cost of the batteries, a new survey finds those costs are going down. The price of lithium-ion battery packs has dropped 14% to a record low of $139 per kWh, according to analysis by research provider BloombergNEF. (BNEF is “a research organization that helps energy professionals generate […]
Lithium News
Lithium-Ion EV Battery Prices Have Hit a Record Low
There are plenty of things that go into making an electric vehicle, but one of the most prominent — both in terms of engineering and cost — is the battery that powers the whole thing. By and large, that means lithium-ion batteries, though there’s been an uptick of interest lately in their sodium-ion counterparts. But […]
Researchers make groundbreaking advancement that could revolutionize lithium batteries — here’s what you need to know
Battery researchers in South Korea plan to do some lithium crowd controlling inside power packs as part of an effort to make the energy storage units operate more efficiently. And, it seems they have plenty of lithium to maneuver, according to a lab summary from the Korea Research Institute of Chemical Technology, published by Newswise. […]
Lithium-ion battery pack prices fall 20% in 2024 amidst ‘fight for market share’
Global average lithium-ion battery pack prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said. The 20% drop is the biggest annual fall since 2017, the clean energy market intelligence arm of media company Bloomberg said in its annual Lithium-Ion Battery Price Survey, which found a 14% […]
Lyten picks area for lithium sulfur battery manufacturing gigafactory
Nevada’s arid climate and proximity to a potential lithium supply chain are primary reasons why San Jose-based Lyten chose Northern Nevada for its planned lithium sulfur battery manufacturing gigafactory, said Celina Mikolajczak, Lyten’s chief battery technology officer. “I fell in love with Reno a long time ago,” Mikolajczak said. “The developing battery ecosystem is great, […]
US Energy Dept finalizes $2.26bn loan for Lithium Americas’ Nevada mine
The US Department of Energy finalized a $2.26 billion loan for Lithium Americas on Monday to build Nevada’s Thacker Pass lithium mine, one of Washington’s largest mining industry investments and part of a broader push to boost critical minerals production. The loan, provisionally approved in March, is a key part of US President Joe Biden’s […]
3D smart energy device integrates radiative cooling and solar absorption
A research team led by Professor Bonghoon Kim from DGIST’s Department of Robotics and Mechatronics Engineering has developed a “3D smart energy device” that features both reversible heating and cooling capabilities. Their device was recognized for its excellence and practicality through its selection as the cover article of the international journal Advanced Materials. The team collaborated with Professor […]
The US EV battery supply chain just got a vital link with the first advanced electrolyte factory
Anthro Energy just secured a $24.9 million grant from the US Department of Energy to help bolster the domestic battery supply chain – a move that will have a big impact on US EV production. The Office of Manufacturing and Energy Supply Chains grant is part of the DOE’s push to modernize US infrastructure and […]
Huge US lithium mine gets govt approval: company
An enormous lithium mine in the Nevada desert has been granted final government approval, the company that has the concession said Thursday, in a project it predicts will quadruple US production of a mineral critical to the renewable energy revolution. Operations at Rhyolite Ridge will produce enough lithium to supply the batteries for more than […]
Biden administration approves ioneer’s Nevada lithium mine
The US Interior Department on Thursday gave final approval to ioneer’s Rhyolite Ridge lithium mine in Nevada, the first domestic source of the battery metal to be permitted by President Joe Biden’s administration and one that will become a key supplier to Ford and other electric vehicle manufacturers. Shares of the Australia-based critical minerals miner […]