A German university is launching a research project to develop an aqueous lithium battery. This research could have global energy implications for lithium investors and industry stakeholders if it generates a positive result.
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.
Research released from universities in the United States and China compared health impacts of lithium battery powered electric vehicles with conventional vehicles across 34 major urban centers in China. The lithium battery powered electric vehicle research was a collaborative effort from universities in Minnesota, Tennessee, and China evaluating the health impacts from the use of lithium battery powered electric vehicles compared with conventional vehicles.
The future market for lithium battery technology in the United States is being driven by clean air programs geared at reducing emissions to achieve climate goals.
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.
In addition to concept cars and future possibilities, the North American International Auto Show has already resulted in a strategic allegiance with Korea-based SK Innovation and Continental Corporation signing a pioneering partnership with which both companies will develop, manufacture and distribute lithium battery systems for automotive applications.
With international trade related indicators, such as export orders and container shipping rates, pointing towards weaker global trade growth, the lithium market outlook may face some challenges. However, a case can also be made that in the absence of last year's unpredictable natural events a more positive business and overall investment climate may return for lithium producers and juniors.
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.
Gas2 reported that a new lithium battery plant in Russia is the largest in the world.
A new detailed report issues a compelling message for policy makers that it is essential for a widespread shift of direct fuel transportation application to electricity in order to achieve green house gas reduction targets.
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