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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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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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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 Swapping vs. Fast Charging: Which Will Dominate the EV Market?
As EVs become increasingly common on our roads, a critical challenge emerges: how do we keep all these vehicles charged efficiently? The growing demand for EV battery fast charging is putting unprecedented strain on existing infrastructure. EV owners now face longer wait times at charging stations and increasing range anxiety—the fear of running out of…
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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. …
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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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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,…