There’s theory and then there’s reality. The connection between them can often be tenuous at best. In the world of electric cars, each battery pack has a battery management system that uses algorithms to monitor its overall health and operating condition. “The algorithm tells you things like if your battery is doing okay, or how […]
Lithium News
More Than 50 Mining Companies To Negotiate Lithium Deals With Chile
More than 50 companies from around the world are jostling to negotiate lithium deals under Chile’s new public-private model. Until now, U.S.-based Albemarle (NYSE:ALB) and Chile-based Sociedad Quimica y Minera de Chile (NYSE:SQM) have dominated the Atacama salt flat, which represents 30% of global lithium production. However, President Gabriel Boric’s new solution is a model that will see the […]
How Long Do EV Batteries Last?
If you are contemplating buying your first electric vehicle, you may be wondering how long you can expect the battery to last and how much it will cost to replace. We’ve been conditioned to ask these questions by our experience with other battery-powered consumer goods. The batteries in our cell phones, laptops and cordless power […]
To improve EV batteries, study them on the road
Most electric vehicles are equipped with an electronic brain that manages day-to-day battery performance and safety. This battery management system, or BMS, includes software that uses algorithms to monitor the overall health of the powerful lithium-ion battery pack. “The algorithm tells you things like if your battery is doing OK, or how far you can […]
Ford, partners pick Canada for $900 mln battery materials plant
A consortium of Ford Motor Co (F.N) and South Korean companies on Thursday said they would build a C$1.2 billion ($887 million)plant to produce electric vehicle (EVs) battery materials in Becancour, Quebec, a town seeking to become an EV-supply-chain hub, Canada’s industry ministry said. The consortium includes South Korean partners EcoProBM (247540.KQ) and SK On […]
Tesla supplier CATL unveils battery that can add up to 400km of range in 10 minutes
CATL, the Chinese battery giant and a major supplier to Tesla, has unveiled its latest product that aims to solve electric vehicles’ charging and range limitations. The battery, dubbed Shenxing or “god-like movement,” is able to refuel up to 400 kilometers (250 miles) of range in 10 minutes, Gao Han, chief technology officer of CATL’s […]
EV Battery Market Holds Steady Amid Downtrend in Lithium Salt Prices
Electric vehicle (EV) battery prices in China demonstrated stability, with lithium salt prices registering a marginal decline, in July. The prices of EV square ternary cells, LFP cells, and pouch ternary power cells during the month remained relatively consistent with the prior month, positioned at CNY0.73/Wh, CNY0.65/Wh, and CNY0.78/Wh, respectively. This trend comes amid relatively […]
China’s New Lithium Futures Market Outpacing London Metal Exchange
Last month, China’s Guangzhou Futures Exchange launched its first ever lithium carbonate future contracts, making it the fourth exchange worldwide to offer such contracts. The introduction of these trading instruments is intended to stabilize prices of raw materials to promote the EV industry’s sustainable development. But in that short period of time, Guangzhou Futures Exchange’s new […]
Biden Officials Visit University to Talk Lithium
As we’ve been reporting, Northern Nevada is home to one of the largest known lithium deposits in the country. The Biden administration is taking steps toward harnessing it as a central piece to their national clean energy agenda. Friday, two senior Biden Administration officials toured and held a roundtable at the University of Nevada, Reno. […]
New solid-state battery plant sparks overcapacity fears in China as cell supply is forecast to surpass demand 4x
In what is just the next installment of solid-state battery factory developments by a Chinese company battling for market share, Jiangxi Judian New Energy Technology broke grounds on a new US$1.39 billion solid-state battery facility with a planned annual capacity of 10GWh when fully operational. Solid-state batteries can offer up to 500 Wh/kg energy density […]