BP to invest in new UK battery research & development center
BP plans to invest up to around $60 million in a new electric vehicle (EV) battery testing center and analytical laboratory in the UK. Planned to open by the end of 2024, the new facilities will be located at BP’s existing global headquarters for its Castrol business in Pangbourne, Berkshire, and will support the technology,
U.S. to see highest growth rates for Lithium-Ion batteries by 2026
According to new research from Interact Analysis, the demand for lithium-ion batteries is expected to rise to over 1.6TWh by 2026, up from 476GWh in 2021. Massive growth in both the battery and battery manufacturing equipment markets is driven largely by the electric vehicle boom, the company says. In 2021, the EV market accounted for
Toyota invests $2.5B in North Carolina plant, BEV battery capacity
Toyota has announced an additional investment of $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production. Scheduled to begin production in 2025, the facility will produce batteries for hybrid electric vehicles (HEV) and BEVs. Last year, Toyota Motor
Stora Enso, Northvolt to develop wood-based batteries
Stora Enso and Northvolt have entered into a joint development agreement to create a sustainable battery featuring anode produced using lignin-based hard carbon produced from Nordic forest wood. The companies say the aim is to develop the world’s first industrialized battery featuring anode sourced entirely from European raw materials, lowering both the carbon footprint and
Toyota releases storage battery system for residential use
Toyota Motor Corporation has developed the “O-Uchi Kyuden System,” a home storage battery system, now open for preorders in Japan. The O-Uchi Kyuden System uses electrified vehicle battery technology such as Toyota’s battery control to provide a rated capacity of 8.7 kWh and a rated output of 5.5 kWh. By linking with a photovoltaic system,
InoBat Auto & Ideanomics plan to build R&D, battery production facilities
InoBat Auto, in cooperation with Ideanomics, plans to embark upon a phased investment project based in Indiana, in three stages. First, the companies open a new R&D and production facility for battery module and pack assembly with an initial annual production capacity of 100 MWh. Both parties then aim to construct a full commercial-scale battery module
Leclanché to produce ‘non-flammable’ battery cells in 2023
By adding a fire-retardant additive to its electrolyte formula composition, Swiss Lithium-ion cells and energy storage solutions company Leclanché says it has lowered the risk of a thermal event in its battery cells by close to 80%. The company says this achievement has been validated by Intertek Germany, a third-party testing lab that conducted a
Enovix battery cells achieve five-minute fast charge
Enovix Corporation announced it has demonstrated the ability of its 0.27 Ah electric vehicle test cells to charge from 0-80% state-of-charge in 5.2 minutes and achieve a greater than 98% charge capacity in under 10 minutes. As part of the company’s three-year Department of Energy grant program that is pairing a 100% active silicon anode
Advanced Cell Engineering files patent for ‘very large format’ battery cell
Advanced Cell Engineering (ACE) has filed a patent application with the U.S. Patent and Trademark Office for its very large format (VLF) cell. The company says the patent filing represents a milestone in the company’s “Project Magnus,” in which ACE will finalize cell design and chemistry for a 1-meter cell-to-pack prismatic cell. The VLF cell,
GM announces two new EV battery deals
General Motors recently announced two deals to help the company secure battery materials. The first is with LG Chem to supply Cathode Active Material (CAM) to GM, and the second is a multi-year sourcing agreement in which Livent will supply GM with battery-grade lithium hydroxide. GM says the supply agreement with LG Chem will help GM meet its
Kodak pictures film machines as EV battery makers
Eastman Kodak – yep, the analog photography products company – has taken a minority stake in Wildcat Discovery Technologies (Wildcat), a technology company developing new battery materials. Wildcat says it is developing an EV “super cell” designed to provide a greater than 90% improvement in energy density over today’s best batteries, and Kodak’s investment will
Amprius enters purchase agreement with Teledyne FLIR
Amprius Technologies announced it has entered into a component purchase agreement with Teledyne FLIR, a company working on intelligent sensing, unmanned aerial systems (“UAS”), and integrated solutions for defense and industrial markets. From this agreement the total battery market for UAS is expected to increase to approximately $38 billion by 2025, based on estimates and
