Ascend Elements, EcoPro Group Collaborate for Supply of Recycled Battery Materials Updated On Fri, Oct 14th, 2022 by Saurenergy Massachusetts-based battery recycling company, Ascend Elements and South Korea-based battery materials company EcoPro Group, have signed a memorandum of understanding (MOU) to cooperate in the development, qualification, and integration of recycled battery materials into cathode products of EcoPro. The official statement mentioned that EcoPro is a cathode active material (CAM) supplier to some of the […] Read more
India’s Lithium Battery Recycling Gets Boost with New Rules Updated On Wed, Sep 7th, 2022 by Saurenergy In a big boost to the nascent lithium battery recycling industry in India, the environment ministry has announced new Battery Waste Management Rules, 2022, establishing responsibilities of producers, dealers, consumers, and entities involved in the collection, segregation, transportation, refurbishment, and recycling of all types of batteries, including rechargeable Lithium-ion batteries used in electric vehicles. The […] Read more
Superior Battery Swapping Infrastructure Can Change the Entire EV Ecosystem Updated On Tue, Aug 16th, 2022 by Saurenergy This year’s Budget was very important for the EV Industry as the Indian government has introduced a battery swapping policy and created higher standards for the growth of India’s electric vehicle (EV) ecosystem. The battery swapping policy and interoperability standards for electric vehicles (EVs) announced by the government in the Budget aim to address one […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
Second-Life Lithium Battery Storage Repurposing Is a Huge Opportunity Updated On Tue, Aug 2nd, 2022 by Saurenergy BATX energies is one of those companies which are truly a product of the times. Set up as a lithium recycling startup by co-founders barely out of college, the firm is firmly focused on the circular economy, as the energy transition gathers space. In the news recently for a fund raise, we caught up with […] Read more
Volkswagen And Audi Seal Deal With Redwood On EV Battery Recycling In US Updated On Wed, Jul 13th, 2022 by Saurenergy Automobile majors, Volkswagen and Audi have resurrected their plans for old battery packs from their fleet of EVs. The two automobile giants have sealed a deal with Redwood to recover and recycle end-of-life EV battery packs from their networks in the United States. In accordance with this deal, Redwood will bring the packs to its […] Read more
Panel Blames Faulty, Scrambled Battery For Spate Of EV Fires Updated On Thu, Jun 30th, 2022 by Saurenergy The batteries fitted into electric two-wheelers catching fire were faultily designed and lacked even the basic safety mechanisms. The expert panel formed by the government to investigate the accidents has called upon the manufacturers for corrective mechanisms or face legal action otherwise. According to a member of the panel, the battery management system seriously compromised […] Read more
EV Chargers’ Association Proposes A Black Box To Stop EV Battery Fires Updated On Tue, Jun 28th, 2022 by Saurenergy The recent spate of the batteries in electric vehicles catching fire like e-scooter or four wheeler has sent the Charge Point Operators Society (CPOS) of India into a huddle for a solution because of the concerns over safety deterring the prospective buyers. On June 27, the body proposed that a black box system should be […] Read more