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CATL and SAIC-GM Join Forces: Is the Next-Gen EV Battery Finally Here?
On September 26, 2024, China-based battery and technology company Contemporary Amperex Technology Co. Limited (CATL) and SAIC-GM came together to bring the next generation of EV battery units to the market—the first 6C ultra-fast charging battery for the automobile sector. A key feature of this partnership is the use of lithium iron phosphate (LFP) chemistry…
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Challenges and Opportunities in Creating a Circular Economy for EV Batteries
For EV batteries to be resource-efficient, a circular economy must be developed that consists of recycling methods and new material adoption. However, certain obstacles make it quite challenging. As a BBC report suggests, only about 5% of lithium-ion batteries are recycled globally. But why such a dismal figure? This is because extracting valuable materials from…
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Forecasting EV Battery Leaders by 2025: A Comparative Analysis of Emerging Technologies
The EV battery market has grown from strength to strength in recent years and is expected to surpass the $44 billion mark by the end of 2024. This growth is expected to gain further momentum in the upcoming years due to numerous factors including innovative battery packs, evolving chemistries, and the advent of different battery…
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8 Groundbreaking Regulations Shaping the Future of Battery Sustainability
As the world shifts toward cleaner energy, demand for batteries has shot up, driven by a rise in electric vehicles, portable electronics, and energy storage systems. This raises concerns about battery sustainability—the ability of batteries to remain green throughout their life cycle. The current global recycling rate for lithium-ion batteries stands at a mere 5%.…
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Life Cycle Assessment of Lithium-ion Batteries: A Critical Review
Recent projections suggest that the global production of lithium-ion batteries will skyrocket to 2,857 GWh by 2030. The frequent use of lithium-ion batteries in various systems has necessitated an in-depth understanding of their environmental impacts. Life Cycle Assessment (LCA) is a tool that offers a systematic approach to estimating the environmental burdens of a battery’s…
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EV Battery Breakthrough: Turning Waste Energy into Extra Miles
At present, there are more than 40 million EVs on the road worldwide; a significant jump from 26 million in 2022 reinforcing the increasing commitment toward cleaner and sustainable transportation. That said, widespread adoption of EVs isn’t free from roadblocks, primarily centred around their limited driving range, unsustainable EV battery recycling, and inadequate charging infrastructure. …
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EV Battery Reliability: How Battery Management Systems are Powering the Future
Amidst continuous developments in the electric vehicle (EV) industry, manufacturers often face challenges in ensuring battery reliability, efficiency, and safety in these vehicles. Battery Management Systems (BMS) optimizes performance, extending battery life, and enhancing the safety of these vehicles. At present, EV battery management is witnessing a transformation through the use of advanced BMS technology,…
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Exploring Challenges and Solutions in Car Lithium Battery Recycling
As the demand for electric vehicles (EVs) skyrockets, so does the need for lithium-ion batteries (LIBs). However, the increased demand for LIBs has brought scrutiny to the sourcing and disposal of the raw materials used in their production. Improper disposal of LIBs can lead to soil and groundwater contamination due to the hazardous materials they…
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Top 10 Visionary Startups Transforming the Future of EV Battery Technology
Research in EV battery technology is booming, with startups pioneering flow, solid-state, and improved lithium-ion technologies. Some focus areas include energy density, charging speed, lifespan, and safety, driving sustainable energy adoption, and a growing EV market. Recent advancements in EV battery technology are leading to a steady shift from traditional lithium-ion batteries toward solid-state batteries.…
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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. …