The Elements of Innovation Discovered
The Elements of Innovation Discovered
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General Motors, Stellantis, and Tesla moving further up battery supply chain With the batteries powering the electric vehicle revolution demanding more lithium than miners can produce, the price of this lightest metal in the universe rocketed more than 1,000% over the span of two years. This has prompted automakers such as Tesla and General Motors to become more directly involved in the mining and refining of the lithium-ion battery namesake. "Price of lithium has gone to...
Another major automaker has gotten in line to purchase future supplies of low-carbon lithium that Controlled Thermal Resources Ltd. will be cooking up from geothermal brines at its Hell's Kitchen project in the Salton Sea area of Southern California. On June 2, Stellantis signed a binding offtake agreement with CTR for up to 25,000 metric tons of battery-grade lithium hydroxide per year for the batteries going into Chrysler, Dodge, Jeep, Ram, and other electric vehicles it wil...
American Manganese Inc.'s efforts to develop a cathode recycling facility alongside Italvolt's lithium-ion battery gigafactory in Italy is being bolstered by advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program. Earlier this year, American Manganese announced it had entered into an agreement to collaborate on the development of a facility that will utilize American Manganese's patented RecycLiCo process to recycle...
To steer away from using expensive and oft controversial cobalt, electric vehicle and lithium-ion battery manufacturers have brewed up new recipes with higher percentages of more abundant nickel and manganese for their newer generation cells. "Modern lithium-ion battery cathode chemistries have rapidly evolved to having less cobalt and more nickel or manganese materials, which does not reflect the cathode chemistries of older batteries approaching their end-of-life," said...
American Manganese Inc. has entered into a preliminary agreement to develop a lithium-ion battery cathode recycling facility alongside a battery gigafactory being developed in Italy by Italvolt. Founded and led by Lars Carlstrom, a pioneer industrialist in the automotive sector with more than 30 years of experience, Italvolt is advancing the development of a battery factory in Scarmagno, a northern Italian town about 65 miles west of Milan. The gigafactory is to be built at...
Lars Carlstrom, who has already founded two companies building lithium-ion battery gigafactories in Europe, has launched a third enterprise that plans to build a 54-gigawatt-hour battery facility in Southern California that will be supplied with geothermal power and lithium from Controlled Thermal Resources' Hell's Kitchen project in Imperial Valley. Carlstrom is a pioneering industrialist in the automotive sector who founded Britishvolt, which is developing a 30 GWh battery g...
