China’s NIO Invests $273 Mn To Establish Separate Battery Tech Company Updated On Wed, Oct 26th, 2022 by Saurenergy Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by […] Read more
Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
Metal Recycling is Critical for Conservation Goals Updated On Mon, Oct 17th, 2022 by Saurenergy Ever since its IPO last year, (with the stock performing well enough subsequent to listing) , Nupur Recyclers has helped shine a light on the metallurgical recycling industry in India. For the Rs 163 crore revenues firm (FY 22 numbers), the higher visibility has meant a better understanding of the sector, its role and relevance […] Read more
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
Metastable Materials Commissions Chemical Free Recycling Unit for Lithium Batteries Updated On Mon, Oct 10th, 2022 by Saurenergy Metastable Materials, a Bengaluru-based company, has announced the commissioning of an urban mining operation outside of Bengaluru, Karnataka, to scale up its current capabilities in the battery (Chemical Free Recycling) recycling/urban mining space and thereby fuel the startup’s strategic business expansion. To support and manage the “waste-as-ore” concept-based recycling of hazardous end-of-life batteries and products, […] Read more
Vianode Invests NOK 2 Billion in Battery Materials Plant in Norway Updated On Wed, Sep 21st, 2022 by Saurenergy Active anode materials manufacturer in Vianode has announced that it will invest around NOK 2 billion in its first industrial-scale plant for sustainable battery materials at Herøya in Norway. Vianode is a company owned by the three firms, namely, Elkem, Hydro and Altor. Vianode said that the investment will create new industrial jobs and provide […] Read more
Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption Updated On Tue, Aug 30th, 2022 by Saurenergy Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […] Read more
China’s Ganfeng Lithium To Supply Battery Raw Materials to GAC AION Updated On Wed, Aug 24th, 2022 by Saurenergy China-based Ganfeng Lithium has announced that it has signed an agreement with China’s new EV-maker GAC AION for the development of battery raw materials and recycling of decommissioned new electric vehicle (NEV) batteries. The company said that it also work on recycling of decommissioned electric vehicle batteries. The company claims to be one of the […] 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