South Korea is often recognised as a hub of technology innovation and battery R&D, but until recently the country was far behind its Asian peers in terms of its lithium consumption. A decade ago the country was consuming under 3,000 tonnes of lithium chemicals, and it wasn’t until 2007 that it ramped up its lithium purchases … Continue reading South Korea’s rise to lithium prominence
The lithium industry is going through its strongest ever period of price increases as both prices of lithium carbonate and hydroxide – the two primary chemicals produced – head north of $10,000/tonne. According to data collected by Benchmark Mineral Intelligence, the price of lithium carbonate so far in 2016 is 47% higher than last year’s … Continue reading Lithium prices experiencing strongest ever surge
One third of the lithium-ion battery packs produced at Tesla Motors’ Gigafactory in Nevada will be destined for the utility market. Tesla’s utility storage division, Tesla Energy, has recently started shipping Powerwall, a battery pack for the home, and Powerpack, a commercial storage solution, to customers in US, Germany and Australia. While no information has … Continue reading Gigafactory: 30% of output for Tesla Energy utility batteries
Connectivity of a car – the integration with personal mobile devices and the internet – is becoming a major battleground for the auto industry. Cars will play a significant role in the internet of things – the network of everyday objects being connecting to the internet and collecting personal data on how they are being … Continue reading CHART: The connected car, when cars become smartphones
Tesla Energy’s Powerwall has to started to ship on a global scale with customers in Australia receiving the first of the company’s lithium-ion battery packs designed to power homes. The Gigafactory 1, the world’s biggest lithium-ion battery plant in Nevada and manufacturing home to the Powerwall, is also only weeks away from its official launch. Here … Continue reading Tesla Powerwall begins to ship, what does this mean?
The World Economic Forum (WEF) has described how energy storage, and the batteries that will make this possible on a mass scale, are key to a fourth industrial revolution. During the annual meeting of the forum in Switzerland, WEF founder Klaus Schwab explained how a blending of “physical, digital and biological spheres” is well underway, … Continue reading Batteries core to a fourth industrial revolution, World Economic Forum