Batteries
The rapid expansion of the electric vehicle market is driving the Second-Life EV battery market, with a projected compound annual growth rate (CAGR) of 44.5% from 2025 to 2033, according to a report by ResearchAndMarkets.com. As the adoption of electric vehicles accelerates globally, the volume of batteries reaching
Batteries
Senate Republicans' recent drafts of the new reconciliation bill reveal a contradictory approach to promoting US manufacturing and artificial intelligence (AI). While they claim to want to revive domestic industry and dominate AI, their proposals would actually hinder progress by rolling back incentives for wind, solar, and battery factories,
Batteries
The global lithium-ion battery market is poised to experience rapid growth, driven by the increasing demand for advanced energy storage systems in various sectors. According to a new report by The Research Insights, the market size is projected to reach $60.3 billion in 2024 and is expected to grow
Electric vehicles
Indonesian President Prabowo Subianto and Chinese partners recently broke ground on a massive electric vehicle battery manufacturing project in Karawang, West Java province. The $6 billion investment, led by state-owned mining company PT Aneka Tambang (Antam) and China's Ningbo Contemporary Brunp Lygend Co., Ltd. (CBL), aims to capitalize
Electric vehicles
Conventional sensors in battery packs typically measure voltage, current, and temperature, but additional sensors are necessary to prevent thermal runaway and battery fires. Gas sensors, pressure sensors, moisture sensors, humidity sensors, and aerosol sensors can play a critical role in enhancing safety. The market for these advanced sensors is growing,
Electric vehicles
The Indonesian government has officially launched the largest integrated electric vehicle battery industry ecosystem project in Southeast Asia, marking a significant milestone in the country's efforts to drive industrial development and support the transition to a low-carbon economy. Spanning 3,023 hectares and carrying an investment value of
Electric vehicles
The Indonesian Chamber of Commerce and Industry (Kadin) has expressed support for nickel downstreaming to develop the electric vehicle (EV) battery ecosystem and create higher added value. Kadin's deputy chair of the mineral and coal downstreaming committee, Djoko Widayatno, emphasized the need for sustainable industry practices, citing China&
Electric vehicles
Energy and Mineral Resources Minister Bahlil Lahadalia announced that Indonesia's electric vehicle battery factory in Karawang, West Java, has the potential to revolutionize the country's energy landscape. The factory, which is part of the Integrated EV Battery Industry Ecosystem, is expected to supply batteries for up
Electric vehicles
The British government has unveiled a comprehensive industrial strategy aimed at creating jobs and prosperity across the country. Led by Labour leader Sir Keir Starmer, the strategy focuses on eight key sectors, including artificial intelligence, offshore wind power, and electric vehicle batteries. The plan aims to make Britain an attractive
Electric vehicles
Labour leader Sir Keir Starmer has described the British state as "overbearing and feeble" and "too exposed to global volatility", outlining plans to overhaul the government's relationship with industries as part of the party's industrial strategy. The strategy, published alongside Chancellor Rachel
Green technology
The global lithium-ion battery market is poised for significant growth, driven by increasing adoption of electric vehicles (EVs), renewable energy systems, and grid-scale energy storage. The market is expected to reach USD 187.7 billion by 2030, growing at a CAGR of 21.30%. Key drivers include government policies, such
Green technology
As the global battery market faces intense price pressure, Synertec Corporation Ltd is poised to capitalise on discounted batteries from Chinese suppliers, potentially halving production costs for its flagship Powerhouse technology in the next two years. The Melbourne-based engineering company has already demonstrated the effectiveness of Powerhouse in the field,
