Reliance New Energy Ltd acquires assets of Lithium Werks BV Updated On Tue, Mar 15th, 2022 by Saurenergy Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […] Read more
Natural Battery Technologies Develops Long Range Batteries Updated On Tue, Mar 15th, 2022 by Saurenergy The evolving EV opportunity continues to throw up more and more startups with ambitious plans. The latest is Jaipur based Natural Battery Technologies, a Lithium-Ion Battery manufacturers in India, is actively developing high performance batteries with increased safety parameters. The firm claims that its battery packs are weather proof and made of strong external closures. […] Read more
Demystifying the terms and jargon around EV Batteries Updated On Wed, Mar 9th, 2022 by Saurenergy The ever-increasing craze of the adoption of electric vehicles (EVs) has led to the growth of the EV battery market as well. While the EV technology provides the latest sustainable mobility solution for customers, unlike conventional fossil fuel-run vehicles, it is unknown to many customers what specifications one needs to look at in an EV, […] Read more
Renewable Energy to Power First Lithium Mines of North America Updated On Thu, Mar 3rd, 2022 by Saurenergy Canadian mining major Snow Lake Lithium which has plans to open the first lithium mine in North America in the near future says the mining will be done using renewable energy completely. As per Snow Lake Lithium, the lithium resource mining will start in the province of Manitoba in Canada in 2024 or 2025. The […] Read more
Luminous unveils inverter series with li-ion batteries for Rs 50,000 Updated On Wed, Mar 2nd, 2022 by Saurenergy New Delhi-based Luminous Power Technologies has announced the launch of a new product series, “Li-ON”, which integrates inverters with lithium-ion batteries. The new inverter series is compact, safe, efficient, and provides high-rated performance with zero maintenance, claims the company. Commenting on the launch, Vipul Sabharwal, Managing Director of Luminous Power Technologies, said, “The Li-On Series […] Read more
Envision AESC to produce EV batteries that run 1000 km from single charge Updated On Sun, Feb 27th, 2022 by Saurenergy Leading Japan headquartered electric vehicles’ battery manufacturer Envision AESC Group is working on a battery for the EV segment that can run a 1,000 km on a single charge. Envision AESC Group is jointly owned by Envision Group and Nissan. It has been learnt that the company will begin production of the new battery technology […] Read more
Smarten Plans to Launch a Range of EV Chargers, Li-ion Batteries Updated On Tue, Feb 22nd, 2022 by Saurenergy Indian power backup manufacturer Smarten aims to disrupt the energy storage market with 100% localized products for B2B and B2C segments, the company has said. The brand plans to launch a range of innovative products, such as EV chargers, Lithium-ion batteries, etc., in the market this year, it stated. The company has a manufacturing facility […] Read more
5 Best Lithium Battery Recycling Firms for the New EV World Updated On Tue, Feb 22nd, 2022 by Saurenergy The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […] Read more
KoBold Raises Over $190 M to Source Metals for EV Batteries Updated On Fri, Feb 11th, 2022 by Saurenergy Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […] Read more
