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Lithium batteries

EV Batteries as Storage batteries for Grid Power. Possible, Says MIT Study

If there is one area where the renewable energy industry steals a march over fossil fuel based sectors, it has to be the area of recycling. Unlike thermal and oil/gas based energy generators, renewable technologies have come up in the glare of huge public expectations and appraisal, and having to prove themselves better at every […]

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Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers

A recent three day meeting between researchers from Germany and Israel has concluded  that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […]

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Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report

According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […]

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Nissan Licenses Lithium-ion Battery Technology to APB Corporation

Nissan has licensed its technology to APB Corporation that will allow mass production of lower-cost lithium-ion batteries with increased charging capacity Nissan has licensed an advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Backed by investment from major companies, Tokyo-based APB plans to build […]

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Toyota, Panasonic Form JV Specialising in Prismatic Batteries

Toyota and Panasonic have decided to establish a JV specialising in automotive prismatic batteries with Toyota holding a majority 51 percent stake. Toyota Motor Corporation and the Panasonic Corporation have announced that they have decided to establish Prime Planet Energy & Solutions, a 51:49 joint venture (JV) specialising in automotive prismatic batteries. Toyota owns a […]

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Waaree ESS Inks Supply Pact with GreenVolt Mobility for Li-Ion Batteries

With an aim to contribute towards India’s electric vehicle (EV) revolution, Waaree ESS Pvt Ltd, a Mumbai-based startup company engaged in the manufacturing of Lithium-Ion (Li-Ion) batteries, on Saturday said that it has entered into a partnership with GreenVolt Mobility, Ahmedabad-based EV startup. As per the agreement signed, Waaree ESS will supply its Li-Ion batteries […]

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42 Global Organisations Agree on Guiding Principles for Batteries

As many as 42 global organisations including Amara Raja have agreed on a new set of guiding principles for batteries to power sustainable energy transition. As many as 42 global organisations including Amara Raja Batteries from India have agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new […]

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Shift Towards EVs Made Future of Li-ion Batteries Bright: Vibhas Verma

The prospects for lithium batteries right now and in the future are very positive. There is a lot of hype around lithium batteries which makes it a trending market. The shift that India and many other countries have made towards electric vehicles has made the future of lithium batteries very bright in every part of […]

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Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report

The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […]

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