Use Of Critical Mineral In Electric Vehicles Can Enhance Battery Life: IEA Updated On Fri, Dec 29th, 2023 by Saurenergy The International Energy Agency (IEA) released a report analyzing the use of critical minerals in electric vehicles and found the use of critical minerals important in improving transparency in the supply chain.It mentions that to make the supply chain of critical minerals transparent, it requires that the companies that manufacture them purchase clean energy technologies. […] Read more
Li-ion Battery Recycling Firm BatX Energies Raises $5 Million Funding Updated On Tue, Dec 19th, 2023 by Saurenergy Indian Lithium-ion battery recycling firm BatX Energies raised $5M in Pre-Series A Funding, fueled by Zephyr Peacock in participation with Lets Venture, and existing investors JITO Angel Network and Family offices of Mankind Pharma, Excel Industries, BluSmart and others. Setting up the momentum for the Lithium-ion Battery recycling industry in India, the funds will turbocharge […] Read more
LOHUM Partners with UAE Govt for Kingdom’s First EV Battery Recycling Plant Updated On Wed, Dec 13th, 2023 by Saurenergy LOHUM Cleantech, a producer of sustainable energy transition materials, has announced expansion into the UAE market to build the UAE’s first EV battery recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation firm. The partnership comes in light of UAE’s COP28 agenda […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
US Continues Clean Energy Support With $3.5 Billion For Battery Manufacturing Updated On Fri, Nov 17th, 2023 by Saurenergy As part of its Bipartisan Infrastructure Law, the Biden administration in the US has announced a new round of federal funds to underpin a strong domestic manufacturing. Administered by the Department of Energy (DoE) this $3.5 billion package is the second part of a large $6 billion-plus program that started awarding funds to applicant firms […] Read more
Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
Developing Countries Yet To Explore Critical Minerals: IRENA Report Updated On Thu, Jul 13th, 2023 by Saurenergy A latest report by the International Renewable Energy Agency (IRENA) on critical minerals claims that several developing countries hosting critical mineral reserves are yet to explore them fully. The agency mentioned its latest findings on critical minerals in its report titled ‘Geopolitics of the Energy Transition’. The report said that developing countries with higher reserves […] Read more
Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US Updated On Tue, Jun 27th, 2023 by Saurenergy Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […] Read more
G-7, G-20 Partners Need To Collaborate To Tackle Challenges Of Critical Minerals: Report Updated On Thu, Apr 27th, 2023 by Saurenergy A recent policy brief on critical minerals (CM) claimed that there was a need for a partnership between the members of the G-7 and G-20 on the vital issue. The report said that such a partnership was needed to tackle the main hurdles in the procurement and deployment of these rare resources, crucial to expedite the growth […] Read more
