Europe’s largest lithium plant — a joint venture between battery maker Northvolt and Portuguese oil and gas giant Galp — is two years behind schedule.
Northvolt and Galp announced the 50-50 joint venture in 2021. It was originally aiming to process 52k tonnes of battery-ready lithium hydroxide a year, enough to produce the batteries needed to replace 650k combustion vehicles, annually, from 2026.
Accelerated efforts of both the Chinese government and the private sector are expected to lead to installation of all-solid-state batteries in electric vehicles by 2027 nationwide and mass production of such batteries by 2030 at the latest, said automotive industry insiders.
Modern battery technologies play a central role in numerous fields of application, from electric vehicles and energy storage systems, to mobile devices such as smartphones. With the increasing focus on sustainability and electrification, the importance of batteries continues to grow. A high-precision production process is essential to meet this demand and to keep the quality, performance and cost-effectiveness of batteries at the highest level.
The Hungarian Ministry of Energy has announced that around 50 grid-scale energy storage projects with a cumulative capacity of 440 MW have received subsidy support through a tender launched in February this year.
The procurement exercise is part of a broader subsidy program to the tune of HUF 200 billion launched in a bid to support households and businesses to produce and store green energy.
Last Thursday, the government said that it has selected the winning bidders and allocated HUF 62 billion for their energy storage projects.
A sodium battery developed by researchers at The University of Texas at Austin significantly reduces fire risks from the technology, while also relying on inexpensive, abundant materials to serve as its building blocks.
As the electric vehicle technology continues to advance, batteries are becoming more crucial than ever. In the past decade, advances in battery technology have already enabled electric vehicles to travel further, charge faster, and become more affordable for consumers. Battery technology is rapidly evolving, with new and exciting developments around the corner.
Your phone is about to go dead—again—and you can’t find a place to plug it in. Your laptop is getting hot…is the battery about to catch on fire? How far from home should you drive your electric vehicle? As scenarios like these become increasingly common, it’s clear that we need batteries that store more, last longer, and are safer to use. Fortunately, new battery technologies are coming our way.
Solid state batteries may be closer than you think. These are the battery trends and technologies engineers should watch out for next year
Few technologies are as dynamic and essential as batteries today. Driven by an urgent need for green energy solutions, especially in the electric vehicle (EV) and power grid utility sectors, the demand for batteries has climbed sharply and the rapid pace of their development is remarkable.
The landscape of electric vehicles is witnessing a paradigm shift with the introduction of groundbreaking battery technologies in 2024. This evolution is not just about enhanced performance but also encompasses affordability, sustainability, and environmental consciousness.
Modern battery technologies play a central role in numerous fields of application, from electric vehicles and energy storage systems, to mobile devices such as smartphones. With the increasing focus on sustainability and electrification, the importance of batteries continues to grow. A high-precision production process is essential to meet this demand and to keep the quality, performance and cost-effectiveness of batteries at the highest level.
