Prices of Chinese EV battery cells fell by 50% at end of 2023, says TrendForce
Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.
C4V, Hindalco sign MoU on aluminum foil for lithium-ion battery cells
Hindalco will provide up to 2,000 tons of battery foil to C4V for lithium-ion cells, over a five-year period.
Hindalco to set up lithium battery foil manufacturing facility in Odisha
Hindalco will invest INR 800 crore to build a new battery foil manufacturing plant near Sambalpur in Odisha. The facility will initially produce 25,000 tonnes of the foils for Lithium-ion and Sodium-ion battery cells.
Schneider Electric unveils battery lab in Bengaluru
Schneider Electric’s state-of-the-art battery lab will focus on developing innovative battery technologies and exploring new energy storage solutions that prioritize sustainability and minimize environmental impact.
Log9 Materials partners Gamma for simulation-driven battery cell and pack development
Log9 Materials will use Gamma Technologies’ system simulation software in developing the next-generation lithium-ion battery cells for electric vehicles.
Reliance begins trials of its swappable batteries for electric vehicles
Reliance Industries recently showcased its swappable LFP batteries for electric two-wheelers. The batteries can be charged through grid or solar power and used to run home appliances by pairing them with an inverter.
Birla Carbon acquires Belgian nanotube manufacturer to drive growth in lithium battery materials
Birla Carbon has acquired Belgium’s carbon nanotube manufacturer Nanocyl as it looks to establish a leadership position in materials critical to lithium-ion battery performance.
Epsilon Group acquires LFP cathode technology centre in Germany
The purchase follows Epsilon’s recent $1.1 billion investment in the establishment of a 100,000-ton cathode battery materials manufacturing facility in Karnataka, India.
Enabling India’s self-reliance in lithium battery-grade materials
Attero Recycling, India’s largest e-waste and lithium-ion battery recycler, recently processed samples from the Jammu and Kashmir mining belt and was able to recover 200 PPM (parts per million) of lithium carbonate, which was close to the ballpark range shared by the government of India. Nitin Gupta, chief executive officer and co-founder of Attero Recycling, speaks to pv magazine about the significance of their extraction and refining methods in ensuring India’s self-reliance in critical battery-grade materials.
OGO Energy partners Singapore’s noco-noco on battery separator technology
OGO Energy will manufacture battery packs incorporating its battery management system and battery cells with improved longevity and heat-resistance made possible by noco-noco’s X-SEPA separators.
