Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report Updated On Thu, Apr 13th, 2023 by Saurenergy A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR). The researchers claimed that the main thrust to the market would be […] Read more
Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend? Updated On Tue, Apr 4th, 2023 by Saurenergy Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […] Read more
EV Maker Wardwizard Operationalises Lithium-ion Battery Unit in Vadodara Updated On Mon, Mar 27th, 2023 by Saurenergy Electric vehicle manufacturer Wardwizard Innovations and Mobility has announced that it has begun the operations of its lithium-ion battery assembly facility at Vadodara in Gujarat. The assembly line has been in-built by the company at its EV ancillary cluster and has an annual production capacity of 1 GWh. Wardwizard had announced about the company’s plan […] Read more
Can Solid-state Batteries Replace Lithium-ion Batteries in EV? Updated On Fri, Mar 24th, 2023 by Saurenergy Lithium-ion (Li-ion) batteries have become the fundamental power source for electric vehicles (EVs), and their demand skyrocketed with the surge in the EV market. However, since the very beginning, some challenges raised doubts about the suitability of the technology in the long term. Solid-state batteries with their solid electrolyte, are expected to provide greater safety […] Read more
Albemarle Corp will Invest $1.3 billion in USA Lithium Battery Plant Updated On Thu, Mar 23rd, 2023 by Saurenergy Lithium and bromine giant Albemarle Corporation that offers essential elements for mobility, energy, connectivity and health, has announced plans to build its lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Albemarle says that the facility includes an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international […] Read more
Ascend Elements to Supply 5,000 Metric Tons of Recycled Lithium to Koura Updated On Wed, Mar 15th, 2023 by Saurenergy Westborough-based Ascend Elements, a lithium-ion battery recycling and engineered materials company, will supply Koura with up to 5,000 metric tons of recycled and recovered lithium carbonate per year. Manhattan-based Koura is an Orbia business and one of the world’s largest producers of fluoroproducts and advanced technologies. Ascend Elements said that Koura will use the recycled […] Read more
Purdue University Creates Safer Solid-State Lithium-Ion Batteries Updated On Mon, Mar 13th, 2023 by Saurenergy Indiana-based Purdue University has said that its engineers are making one of the most-used power sources safer and more efficient. High-voltage, solid-state lithium-ion batteries are the go-to power source for high-end technologies like electric and hybrid vehicles, wearable devices, pacemakers, radio-frequency identification systems and more. One of their most dramatic drawbacks is that they often […] Read more
The Story of Yichun: The Lithium Capital of Asia Updated On Wed, Feb 15th, 2023 by Saurenergy Yichun is a mountainous prefecture-level city in western/northwestern Jiangxi Province, China, bordering Hunan to the west. The city is famously known as the Lithium Capital of Asia, as a result of the mammoth availability of the resource in the region. The city produced around 81,000 tons of lithium carbonate in 2021 – more than a […] Read more
Australian Solar Developer’s Modular Solar Tech to Power Lithium Mine Project Updated On Wed, Feb 8th, 2023 by Saurenergy Australia based solar energy technology developer 5B has said that it will be partnering Zenith Energy to develop the Kathleen Valley Lithium project in Western Australia. The solar project will supply green energy to the biggest battery metals mines. The project will be powered by 5B Maverick technology- a ground mount solar solution designed to […] Read more