Batteries
🔋 Battery storage in Europe expands significantly
The demand for energy storage has reached new heights in Europe with over 10 GW of new installations last year. The capacity is predicted to increase sixfold by 2030, with a total capacity of over 120 GW.
🔋 Battery price wars: Prices reach record lows
The world's largest battery manufacturers are reducing the costs of batteries for electric vehicles. In one year, the cost has more than halved. The progress is years ahead of what forecasters have believed. It is likely that prices will continue to fall.
♻️ Cling Systems secures vital funding to propel battery circularity
Cling Systems is a Swedish startup helping companies recycle used electric car batteries. Now they've secured 1.3 million USD in funding.
🔋 Record low cost for electric vehicle batteries in 2023
The cost has dropped 14% this year and 90% since 2010, but this is just the beginning.
🔋 Northvolt's new battery needs less rare minerals
Unlike traditional battery chemistries, the new battery from Northvolt utilizes readily available minerals such as iron and sodium.
🌱 Rhubarbs key to recycling electric car batteries
Researchers at Chalmers University of Technology have devised a new and efficient way to recycle metals from electric car batteries. The method enables the recycling of 100 percent of aluminum and 98 percent of lithium from used electric car batteries.