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Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report

According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […]

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Nissan Licenses Lithium-ion Battery Technology to APB Corporation

Nissan has licensed its technology to APB Corporation that will allow mass production of lower-cost lithium-ion batteries with increased charging capacity Nissan has licensed an advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Backed by investment from major companies, Tokyo-based APB plans to build […]

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Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report

The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […]

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Iberdrola Commissions Lithium-ion Energy Storage System in Spain

Iberdrola subsidiary, i-DE has commissioned the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. Iberdrola has announced that its electricity distribution arm, i-DE has commissioned and inaugurated the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. The project, which is the first in the country, […]

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Advanced Lithium-Ion Technologies on Route for Record Investments in 2019

A new report has revealed that USD 350 million was invested globally in advanced lithium-ion technologies during the first half of 2019. Analyst firm Wood Mackenzie‘s ‘Global energy storage outlook, Q3 2019′ indicates more than USD 350 million invested globally in advanced lithium-ion technologies during the first half of 2019. It was just over USD 600 […]

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Next-Gen Battery That Combines Best of Lead and Lithium-ion Performance

Gridtential Energy and Crown battery have developed a new silicon wafer battery that they claim, combines the best of lead and lithium-ion performance. Gridtential Energy and Crown battery have developed a new silicon wafer battery that the two firms claim combines the best of lead and lithium-ion performance. Using technology similar to a solar cell, […]

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Nobel Prize in Chemistry Awarded for Work on Lithium-Ion Batteries

The Nobel Prize in Chemistry for 2019 has been awarded jointly to Akira Yoshino, John B. Goodenough and M. Stanley Whittingham for the development of lithium-ion batteries. Making the announcement in Stockholm, the Nobel Committee said that the winners have “created a rechargeable world’, underscoring the critical role their find has made in our lives […]

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Recycling Lithium-ion Batteries a $1,000 Mn Opportunity in India

The lithium-ion batteries market is expected to grow exponentially in the next five years in India, and a new analysis has predicted the recycling of such batteries could present a USD 1000 million opportunity by 2030 The lithium-ion batteries market is expected to grow exponentially in the next five years in India. Some of the […]

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Fast Charging Lithium-Ion Batteries which can Maintain their Capacity

A team of researcher has developed a way to make lithium-ion batteries that can charge within minutes but still operate at a high capacity. A team of researcher from the Rensselaer Polytechnic Institute in the US, have developed a way to make lithium-ion battery that can charge within minutes but still operate at a high capacity, an advancement […]

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