Global Progress for Clean Energy
Aggressive targets for electric vehicle deployment must be balanced with real cost reductions, infrastructure developments, and consumer choices and confidence.
Aggressive targets for electric vehicle deployment must be balanced with real cost reductions, infrastructure developments, and consumer choices and confidence.
A new lithium battery system suitable for military vehicles, introduced by A123 Systems, has the potential to provide military vehicles with a lighter, more durable system for starting engines and enhancing stealth. With an already large fleet of 6T batteries, the use of lithium in Military 6T Batteries could spike lithium demand.
Li3 Energy, Inc. entered an exclusive agreement to apply a patented technology to enhance recovery and efficient production of lithium.
The large manufacturing facility referred to as Liotech is expected to produce up to 500,000 lithium batteries per year. The the expectation is for the plant to produce lithium batteries to supply electric vehicles and larger bus batteries, in addition to a variety of energy storage applications, and emergency power supplies.
By showing a commitment to clean energy initiatives, governments around the world are opening the doors for lithium producers to take advantage new demand in commercialized electric vehicle and lithium battery technologies.
An energy report released by oil and gas giant ExxonMobil offers key points for lithium investors including the implication that the single largest influence on energy trends is expected to be a rising demand for electricity, with forecasted global demand to increase by 80 percent over the next 30 years.
Despite a challenging year, some new lithium battery technological developments may be paving a new brighter future for electric vehicles and growth of the broader lithium industry.
A commercial partnership between Daimler AG and BYD Company Limited expects to unveil a future electric vehicle concept during an autoshow in Beijing next April.
A report from PwC suggests that sovereign wealth funds have the potential to increase exposure to the lithium industry.
Nissan has recently released a new six year environmental agenda and is expanding the Smyrna facility with a $1 billion lithium battery plant on site with a capacity of up to 200,000 lithium battery packs per year with the potential both for domestic production and export.
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