Ascend Elements, EcoPro Group Collaborate for Supply of Recycled Battery Materials Updated On Fri, Oct 14th, 2022 by Saurenergy Massachusetts-based battery recycling company, Ascend Elements and South Korea-based battery materials company EcoPro Group, have signed a memorandum of understanding (MOU) to cooperate in the development, qualification, and integration of recycled battery materials into cathode products of EcoPro. The official statement mentioned that EcoPro is a cathode active material (CAM) supplier to some of the […] Read more
Deutsche Bahn, Kia Partner To Convert Used Batteries Into Storage Systems Updated On Fri, Sep 9th, 2022 by Saurenergy The Korean automaker Kia and Germany’s Deutsche Bahn (DB) have announced a partnership to increase the useable life of batteries used in electric mobility. Their solution is to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. The official statement says that the second-life battery energy […] Read more
Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption Updated On Tue, Aug 30th, 2022 by Saurenergy Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […] Read more
Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary Updated On Thu, Aug 18th, 2022 by Saurenergy Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […] Read more
New Material Pushes Sodium-Ion Batteries To Phase Out Costly Lithium Updated On Fri, Aug 5th, 2022 by Saurenergy The researchers from Skoltech and Lomonosov Moscow State University have developed a material for sodium-ion batteries which offer an alternative to the increasingly expensive lithium-ion tech. In an official statement, the University said that the new material is a powder of sodium-vanadium phosphate fluoride with a particular crystal structure. It’s used in the battery cathode […] Read more
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer Updated On Tue, Aug 2nd, 2022 by Saurenergy Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […] Read more
iVOOMi Energy To Invest Rs 200 Crore In New Factory In Pune Updated On Wed, Jul 20th, 2022 by Saurenergy Electric vehicle manufacturer iVOOMi Energy has announced fresh plans for expansion of its electric two wheeler business in India. iVOOMi has said that it will be investing Rs 200 crore in a new manufacturing unit at Pune. The company will also enhance research and development (R&D) in the segment. The company is a electric two-wheeler […] Read more
Microsoft Datacenter Batteries To Support Growth Of Renewables On The Power Grid Updated On Mon, Jul 11th, 2022 by Saurenergy Global software giant, Microsoft has announced that it will deploy its ‘grid-interactive UPS technology’ at the datacenter maintained by the company in Dublin, Ireland later in 2022. The objective is to demonstrate that these kinds of technologies can help decarbonize power grids across the world. Microsoft holds that the renewable energy from 400 wind farms […] Read more
