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Swedish EV battery maker raises $1.2B to expand to North America

TechCrunch: Climate

Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to report from Reuters. If Northvolt builds in the U.S., […]

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How China is Cornering the Lithium-ion Cell Recycling Market

GreenTechMedia

The commonly held view that lithium-ion batteries are not being recycled is not true. China recycled around 67,000 tons of lithium-ion batteries last year, or 69 percent of all the stock available for recycling worldwide, according to Hans Eric Melin, founder of U.K.-based based Circular Energy Storage.

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EV Metals Group clears the way to build a battery material processing plant in Saudi Arabia

Charged

EVM says its planned Battery Chemicals Complex will position Saudi Arabia as “a global midstream hub for the production of high-purity chemicals required by electric vehicle and battery cell manufacturers.” Construction is scheduled to commence in Q3 of this year. Source: EV Metals Group.

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Media Brief: Countering common myths about electric vehicles

Clean Energy Canada

Electric vehicles now make up 9% of new car sales in Canada. and Quebec, the market share is even higher, with electric vehicles making up around 20% and 14% of new cars sold in each province, respectively. Canada’s electricity grid is currently 84% non-emitting.

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New report highlights trends in EV battery supply chains

Charged

Strategy Analytics has been covering the automotive electronics field for some 30 years, and has recently released a pair of Electric Vehicle Service reports that address current trends in the cell game. Source: Strategy Analytics.

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There’s gold (and lithium and cobalt) in all those EV battery packs

The Verge: Energy

Billions of dollars in incentives such as the Inflation Reduction Act and Bipartisan Infrastructure Law have spurred the creation of a so-called Battery Belt across the southeastern US, all fuel to fire an anticipated spike in electric vehicle demand. Manufacturers, too, are getting in on the game.

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Technology Trending: AI bird monitoring, LFP battery prototype, lithium for EVs, Moon to Mars

Smart Energy International

AI to monitor bird interactions with solar PV, lithium iron phosphate battery production coming in Europe, a lithium mine for EV batteries and the energy infrastructure requirements in the Moon to Mars exploration are on the week’s technology radar. First lithium iron phosphate battery cell prototype in Europe.