Russian billionaire Vladimir Iorich has created a $150 million fund to buy battery metals with a focus on lithium-ion batteries used for electric vehicles and other consumer electronic devices like mobile phones. The investment company is called Pana New Energy Metals. Pala invests in development and production stage companies, as well as products and services Continue reading…
The current state of lithium-ion battery safety
Sri Lankan airlines and other aircraft incidents On July 30th, a Sir Lankan Airline Airbus A330 twin-engine jet was on its way from India to Sri Lanka. Shortly after the meal-service of this 70-minute flight smoke was detected coming from an overhead locker. The crew were alerted and quickly located luggage which they suspected contained Continue reading…
4416 battery rumored for use in Model 3
The new Model 3 electric vehicle is rumored to use a new format – the 4416 battery Tesla CEO Elon Musk confirmed on Twitter on July 19th that the Model S and X would not be changing form factor for its lithium-ion cells. There has been much speculation and insider confirmation that Tesla was planning Continue reading…
Electric vehicles only in the UK by 2040
Electric vehicles are gaining momentum. The United Kingdom is planning to phase out all diesel and petrol cars by 2040. This news follows an announcement by France which stated the same ban and date several weeks ago. France’s ban followed a statement by Volvo, a Swedish car manufacturer, which said it would only make hybrid Continue reading…
Large-scale lithium-ion grid energy storage coming to South Australia
Australian summers are hot and blackouts that stop fans and air conditioners can become serious health concerns, decrease productivity, and are downright uncomfortable for citizens. That is why when South Australia had a series of blackouts in the early summer of 2017, lawmakers were pushed for a fast resolution for a new grid energy storage Continue reading…
Gigafactory locations, where next? New York and Thailand are contenders
New York and Thailand may each start production of a new lithium-ion gigafactory. The New York State gigafactory may produce up to 15GWh, while the Thailand gigafactory aims to produce up to 50GWh. This would bring Thailand’s production in Asia only second to China’s. Continue reading…