ONE To Invest $1.6 20 GWh In Michigan Cell Factory Updated On Fri, Oct 7th, 2022 by Saurenergy Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […] Read more
Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries Updated On Fri, May 13th, 2022 by Saurenergy Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […] Read more
Both Growth and Evolution Hand in Hand in Lithium Storage Updated On Tue, Aug 25th, 2020 by Saurenergy A report by energy analyst firm Wood Mackenzie’s has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main […] Read more
