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5 Hidden Heroes of the EV Battery Industry: Small Companies Making Big Waves
With increasingly louder calls for sustainable and greener transportation have prompted a significant rise in EV sales. This, in turn, has invariably fueled the growth of the EV battery industry spurred by the rising demand for high-performing batteries. The global demand for EV batteries surpassed 750 GWh in 2023; a 40% rise compared to 2022. …
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Methane-Based EV Battery: A Sustainable Solution or Pipe Dream?
Introduction Methane, a simple hydrocarbon (CH₄), is abundant and can be sourced from both fossil fuels (natural gas) and renewable sources (biogas). It can be processed into hydrogen, carbon, and other compounds through methods such as pyrolysis and reforming, which can then be used to create EV battery components. This contribution can be reformed in…
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The Science Behind State of Charge and Its Impact on EV Battery Efficiency
Introduction Improvements in the State of Charge (SOC) significantly enhance electric vehicle performance by reducing range anxiety, extending battery life, and ensuring better energy efficiency. This promotes consumer confidence and drives the adoption of EVs. SOC denotes the percentage of remaining usable capacity within the battery. Operating an EV at extremes of SOC (very high…
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How is Solidion Technology Inc. Revolutionizing EV Battery Range
Despite the Global EV growth reaching 35% year-on-year in 2023 to reach 14.2 million units, issues such as limited range, high upfront costs, and insufficient charging infrastructure are major barriers to widespread EV adoption. For example, most electric cars can travel an average of 300 km (186 miles) on a single charge. Also, Volvo found…
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Understanding the Impact of Charging Habits on EV Battery Reliability
Introduction EV battery reliability is dependent on maximizing the number of charge/discharge cycles and minimizing capacity fade. EV batteries lose efficiency with a self-discharge rate exceeding 5% in 24 hours. Dropping below 80% capacity indicates the battery’s nearing replacement. This can occur due to high-power DC fast charging that generates heat, accelerating degradation. Similarly, extreme…
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Pioneering a Sustainable Tomorrow: ATESS’ Advanced Energy Storage and EV Charging Solutions
At present, the global EV market landscape is populated by a mix of seasoned automobile players and new-age mobility startups. It is safe to say that the competition is more fierce than ever before, compelling manufacturers to innovate continually, especially when it comes to EV charging solutions. That said, there is no shortage of ideas…
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Exploring the Economics of Car Lithium Battery Recycling
BloombergNEF estimates that EV sales will reach 100 million by 2026 and 700 million by 2040. This means that we can expect a surge in car lithium battery recycling because they contain valuable materials like lithium, cobalt, and nickel that can be recovered and reused. According to estimates, the lithium-ion battery recycling market is expected…
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Polestar and StoreDot Showcase Fast-charging EV Batteries
As the calls for sustainability and greener transportation grow louder, electric vehicles (EVs) have emerged as a clear winner to address this barrier. EVs accounted for around 18% of the total cars sold worldwide in 2023, against 2% in 2018. Additionally, Leading EV manufacturers, including BYD, Tesla, Volkswagen, and BMW Group, have proactively responded to…
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Exploring Alternative Materials Making EV Batteries Dirt Cheap
Electric vehicle batteries, or EV batteries, are increasingly available in the market. These are replacing traditional internal combustion engines, focusing on enhancing specific energy, cycle life, and efficiency. As per IEA reports, The need for electric vehicle (EV) batteries increased by 40% from 2022 to 2023, reaching over 750 GWh. This demand is higher in…
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Top 10 EV Battery Manufacturers Dominating the Market
Introduction The adoption of electric vehicles soars, with new electric car registrations totaling 1.4 million in 2023 in the US alone, an increase of more than 40% compared to 2022. EV battery manufacturers design and build specialized batteries for use in electric vehicles. These batteries directly impact consumer adoption, as they determine an EV’s performance,…