The Global Battle for Solid-State Battery Leadership Updated On Fri, Jul 22nd, 2022 by Saurenergy With the advent of electric vehicles (EVs), lithium-ion batteries demand grew exponentially and is still growing. In fact, the global lithium-ion battery market size may grow from USD 57 billion in 2020 to USD 200 billion by 2027 at an average CAGR of 20 per cent during the same period. The growth of the market […] Read more
After over 90% Erosion In Value, QuantumScape Future Has Many Possibilities Updated On Wed, Jul 6th, 2022 by Saurenergy Wall Street has been ominous for most stocks in 2022, more so on smaller, unprofitable growing companies which are typically more sensitive to rising rates, inflation and supply chain challenges. The same has been the case with QuantumScape (QS) investors. QS stock is losing money and there are no product revenues. It is a special-purpose […] Read more
Bhago Mobility Solutions Acquires Stake In Pastiche Energy Solutions Updated On Tue, May 10th, 2022 by Saurenergy Bhago Mobility Solutions Private Limited (Bhago), the Green Energy Vertical for Modern Automotive Limited (MAL), has announced an equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the oldest players in the Energy Storage Sector in India, since 2015. The partnership will aggregate the strengths of both the companies towards the manufacturing of […] Read more
Mercedes-Benz VISION EQXX Runs 1,000 Km on Single Battery Charge Updated On Thu, Apr 14th, 2022 by Saurenergy The VISION EQXX from German automaker Mercedes-Benz has run more than 1000km (621 miles) in Europe to demonstrate its range and efficiency in a single battery charge. The new electric vehicle covered the distance from Sindelfingen to Cassis on the Côte d’Azur through regular road speeds that included fast driving and also limiting speeds. As […] Read more
Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s Updated On Tue, Aug 3rd, 2021 by Saurenergy QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […] Read more
Hyundai to Invest $100 M in Solid-state Battery Developer Solid Energy Updated On Thu, Jul 8th, 2021 by Saurenergy Hyundai Motor Co, a South Korean automotive manufacturer of international repute, will invest USD 100 million in solid-state battery specialist Solid Energy System (SES) corporations, according to recent media reports. The company appears to have signed an equity investment agreement with SES. A spin-off from the Massachusetts Institute of Technology (MIT), Solid Energy has developed a prototype lithium metal […] Read more
Swiss Firm Claims Solid State Battery With 50% Better Environmental Balance Updated On Tue, Jun 1st, 2021 by Saurenergy Swiss Battery Startup High Performance Battery (HPB) claims that it has developed the world’s first solid-state battery whose core – unlike all other solid-state battery projects – is the result of a chemical reaction within the battery. Whereas solid ion conductors are usually inserted into the battery as prefabricated parts, the HPB solid ion conductor […] Read more
Energy Storage Market Predicted to hit $500 Billion by 2035: Lux Research Updated On Thu, Feb 27th, 2020 by Saurenergy The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The […] Read more
