Akasol Shows New High Energy Dense Battery Modules (221 Wh/kg)

German company Akasol presented at the Battery Show Europe its new battery system with 21700 cylindrical-cells, which stores a lot more energy compared to prismatic cells. AKASOL battery systems The AKAModule 60 CYC stores 2.66 kWh (221 Wh/kg), at maximum power density of up to 433 W/kg. The new modules are expected to have high… Continue reading Akasol Shows New High Energy Dense Battery Modules (221 Wh/kg)

Cummins Reveals New Lithium-Ion Battery Lineup

9 M BY MARK KANE Cummins presented at the Battery Show Europe in Germany its latest battery modules and packs for electric and hybrid vehicles. Cummins BP35E (35 kWh battery pack) The company, mostly known for its diesel engines, is now investing $500 million into electrification over three years. It announced powertrain/battery products for trucks, buses… Continue reading Cummins Reveals New Lithium-Ion Battery Lineup

Panasonic Hopes To Go Cobalt-Free With Batteries In Near Future

1 H BY MARK KANE Soaring prices of cobalt, one of the key battery ingredients, prompts Panasonic to develop cobalt-free lithium-ion cells. The Japanese manufacturer, together with Tesla, already produces cells that are very energy dense with cobalt-usage below 10% of cathode weight (below the NMC 811 type cells introduced by competitors). Read Also –… Continue reading Panasonic Hopes To Go Cobalt-Free With Batteries In Near Future

World’s Largest Battery Maker Seeks $2 Billion In IPO, But Will Raise Only $850 Million?

11 M BY MARK KANE Contemporary Amperex Technology Ltd. (CATL), one of the biggest manufacturers of lithium-ion batteries for vehicles, would like to raise 13.1 billion yuan ($2 billion) by selling a 10% stake, at a valuation of about $20 billion. However, according to Bloomberg, after profitability weakened, the company is valuated at just $8.5… Continue reading World’s Largest Battery Maker Seeks $2 Billion In IPO, But Will Raise Only $850 Million?

BMW i3 Samsung SDI 94 Ah Battery Rated For 524,000 Miles

1 H BY MARK KANE Samsung SDI is presenting at the 2018 Energy Storage Europe in Germany its latest high-energy density 111 Ah battery cells for energy storage purposes along with its 94 Ah cells used in all-electric cars. The 111 Ah stores more energy than the 94 Ah in the same form-factor, so one… Continue reading BMW i3 Samsung SDI 94 Ah Battery Rated For 524,000 Miles

Toyota Says Solid-State Batteries Still More Than Decade Away

1 M BY MARK KANE Shinzo Abe, Toyota’s powertrain general manager, in a very interesting Wards Auto interview, outlined a future (by 2030) dominated by hybrid car sales, not plug-ins. Toyota Prius Plug-In (Prius Prime) The Japanese company expects that in Japan and Europe, hybrid car sales will outperform other alternatives. Also, North America is… Continue reading Toyota Says Solid-State Batteries Still More Than Decade Away

SK Innovation Begins Construction Of 7.5 GWh Battery Plant In Hungary

1 H BY MARK KANE SK Innovation held a groundbreaking ceremony for its first European lithium-ion battery factory in Hungary. SK Innovation battery cell The site will start production in early 2020, and ultimately is expected to supply 7.5 GWh of cells annually. SK Innovation intends to invest 840.2 billion won ($777 million) in the… Continue reading SK Innovation Begins Construction Of 7.5 GWh Battery Plant In Hungary

UK To Get $2.1 Billion Rapid Charge Network

1 H BY JAMES FOSSDYKE System will provide around 100 rapid chargers for public use at ‘competitive rates’. The UK is set to get a new £1.6 billion rapid charging network for electric cars after the National Grid confirmed a tie-up with battery storage firm Pivot Power. Survey: Average Consumer Doesn’t Even Know Charging Stations… Continue reading UK To Get $2.1 Billion Rapid Charge Network

BP Invests In StoreDot – Firm Promises Charging As Quick As Fueling

5 M BY MARK KANE BP Ventures, the investment arm of the oil major BP, invested $20 million in Israeli-based StoreDot, which promises batteries capable of ultra-fast charging in 5-minutes. StoreDot has been hinting at its breakthrough batteries for several years now (see news from 2015 and from 2017), and finally this year is securing… Continue reading BP Invests In StoreDot – Firm Promises Charging As Quick As Fueling

Germany’s ADAC Creates Lease Deal For BMW i3

1 M BY MARK KANE ADAC, the 100+ years old General German Automobile Club with more than 20 million members, is going to promote electrification by securing special deals from automakers. The first attractive lease deal in Germany apparently was hammered with BMW so ADAC’s members can now get the i3 from €383.14 ($457) a… Continue reading Germany’s ADAC Creates Lease Deal For BMW i3