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The promise of next-generation travel hasnt fully materialized yet, but legions of companies around the world are focused on bringing the vision to life. Today, BYD is running neck and neck with Tesla for the top spot among global EV makers and it is the undisputed champion of the plug-in hybrid sector, with 40% of that market.
The South Korea-based company says its batteries’ advantages over lithium ion include less risk of ignition and the ease of sourcing vanadium. The latter is an important selling point, as electric vehicle makers face a potential shortage of lithium ion batteries. Giving EV batteries a second life for sustainability and profit.
Virgin lithium mining is a focal point for the U.S. Yet, there is another primary source to secure key battery materials (lithium, nickel, cobalt, and manganese), and that is recycling end-of-life and scrap batteries. manufacturing, national security, global competitiveness, and strengthening our supply chains.
General Motors announced a new joint venture with SolidEnergy Systems, a spinoff of the Massachusetts Institute of Technology that is focused on improving the energy density in lithium-ion batteries. Anode-free” lithium metal battery. In the long run, what this is going to mean is more range and lower cost”.
Rather than send them to a landfill, one major bike manufacturer is teaming up with a co-founder of Tesla to ensure those batteries have a second life. Many of the batteries from those first-wave electric vehicles, like the Nissan Leaf, are just now reaching their end of life and are in need of recycling.
Perhaps more interestingly, though, is that the operational life for the batteries is projected to be in the neighborhood of 25 years. The company projects that considering the whole lifecycle cost of its product, the cost of storing energy will be about half of the cost of storing with similarly sized lithium-ion batteries.
Credit: YOUIBOT About YOUIBOT YOUIBOT is a leading global provider of mobile robot solutions, applying high-precision Slam navigation mobile robots and application software systems. Credit: YOUIBOT With this logic, industries such as semiconductors and lithium batteries become our primary focus.
But it plays out differently in real life, says Sara Behdad, associate professor of environmental engineering sciences at the University of Florida. and globally,” Scott Cassel, CEO of the nonprofit Product Stewardship Institute, said in an email to The Verge. Just because there’s more space on a pallet, doesn’t mean it will be filled.
The automaker has already sold around 43,000 Taycans globally to date, though it claims (without further clarification) that only a small number are affected. Tesla recently switched to a lithium-ion 12-volt battery in the new Model S Plaid, though CEO Elon Musk has also talked about the potential benefits of using a 48-volt system.
plans to merge with , Spartan Energy Acquisition Corporation, which was formed by investment firm Apollo Global Management. would be something of a life raft for a hopeful automaker that didn’t have much of a clear path to volume production, it could put even more stress on other startups that are struggling to survive.
The Tennessee plant will be a “mega campus” that houses a vehicle-production facility for Ford’s F-series pickup trucks and a battery assembly division, while the twin factories in Kentucky will manufacture lithium-ion batteries. This is show, not tell time”. The new facilities represent a shift in Ford’s approach to EV manufacturing.
Just take a look at Swedish lithium-ion battery producer Northvolt. Other deals that caught my attention … Accure , a startup that uses AI to predict lithium-ion battery failures, raised $7.8 Climate-tech fund Blackhorn, lithium-mining giant SQM and mobility-focused investor Proeza also participated.
Less than a month after announcing a partnership with India’s largest two-wheeled vehicle maker , Gogoro is taking another big step in its global expansion plans. Gogoro’s new deals in India and China are the biggest steps it has taken for its global strategy since launching the first Gogoro Smartscooter in 2015.
Why it matters: The development is the latest example of liquid-state lithium-ion pack leader China ramping up effort s to master the technology, as global auto giants expect solid-state batteries to give them an edge over competitors in the EV transition. The IM L6 sedan is scheduled for launch in May.
This month, Xiaomi is making its biggest effort yet to bring its “HyperCharge” technology to a mainstream, global audience. The upcoming Xiaomi 11T Pro has a 120W charger, a huge power increase on the current global flagship Mi 11, which uses a 55W charger that can get you to 100 percent in 45 minutes.
But when rechargeable lithium-ion batteries like those in Rivian’s EVs get tossed out, they do more than leave behind a big mess. And it’s investing in CarbonCure, a company that is tackling a huge problem in construction: the cement industry is responsible for generating up to 8 percent of global greenhouse gases each year.
The new cohort features startups operating in a wide-ranging space: Calyx Global is helping businesses choose better carbon credits and reimagining the ratings system; Arintra is an AI-powered autonomous medical coding platform to help U.S. Surge launches two cohorts every year, featuring between 10 and 20 startups each.
The push by CATL is the latest example of China charting its own path in the electric vehicle transition, as major economies such as Germany grapple with a near-term global slowdown for EVs. Consumers want a cheap, reliable solution, and fully electric vehicles are considered unreliable in terms of ease of charging, said Daniel J.
Part 2: Authentication and StockX’s global arms race against fraudsters. Giving EV batteries a second life for sustainability and profit. But the humble lithium-ion battery powering these cars and trucks leads a difficult life. But the humble lithium-ion battery powering these cars and trucks leads a difficult life.
Power Global, a two-year-old startup, wants to disrupt the auto rickshaw market by offering a retrofit kit for diesel-powered vehicles and swappable battery pack to transition the more common lead-acid batteries to lithium-ion. Image Credits: Power Global (opens in a new window).
But we’re just getting to the point now where battery technology, lithium-ion technology, is power-dense enough for us to see it starting to creep into our portfolio. They’re just not solved by anything that’s on the roadmap today, from a lithium-ion perspective, anyway. Globally, the answer is no. Probably from the bottom up.
Panasonic announced plans to build a $4 billion factory in Kansas that will manufacture and supply lithium-ion batteries to EV makers. The factory is slated to be larger than the Gigafactory it operates with Tesla in Sparks, Nevada, which is already one of the largest lithium-ion battery factories in the world.
The lithium-ion batteries that power our phones, laptops, and even cars are inherently imperfect and destined to degrade over time. While certain tips and tricks can speed up the process and extend your phone batterys life , theres nothing you can do about the limitations of the lithium-ion batteries in your devices.
The global energy transition has been on an extraordinary tear in recent years, one that even President Donald Trump, with his dismantling of U.S. climate policy, will struggle to reverse. Read more about Infinitum , honored as No. 19 on Fast Companys list of the Worlds 50 Most Innovative Companies of 2025.
Musk is also hardly unusual among major global tech CEOs in defending China. It is now Teslas largest factory, producing half of the companys cars globally last year. percent in 2024, a year in which the companys global sales fell for the first time. From a business perspective, this makes sense.
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