Energy industries
LG Energy Solution and Toyota Tsusho have established Green Metals Battery Innovations, LLC, a joint venture focused on battery recycling in the United States. The collaboration will extract black mass from used batteries and marks LG Energy Solution's first battery recycling joint venture in North America. The facility
Green technology
The battery recycling industry is undergoing significant transformation due to surging demand for electric vehicles (EVs) and sustainable energy storage. Advanced mechanical, pyrometallurgical, and hydrometallurgical processes are redefining material recovery, boosting commercial viability, and ensuring regulatory compliance. The global battery recycling market size is estimated to be valued at USD
Green technology
The lithium-ion satellite battery materials market is currently in the growth stage of its lifecycle, driven by advancements in space technology, increasing demand for efficient satellite power solutions, and the shift towards sustainable energy sources. This market is expanding rapidly due to the increasing demand for advanced energy storage solutions
Energy industries
The Lithium-ion Battery Binders Market is expected to reach USD 8.51 billion by 2032, growing at a CAGR of 17.85% from 2025 to 2032, driven by the increasing demand for electric vehicles and energy storage systems. The market was valued at USD 2.29 billion in 2024 and
Green technology
ISN, a global leader in contractor and supplier information management services, has expanded its partnership with TruGrid, a leading utility-scale engineering, procurement, and construction (EPC) company specializing in battery energy storage systems and solar technology. By implementing ISNetworld for subcontractor management, TruGrid has seen a significant improvement in site safety
Energy industries
LG Energy Solution, South Korea's leading battery manufacturer, has secured a deal with China's Chery Automobile Co. to supply cylindrical electric vehicle (EV) batteries. The deal, which is worth an estimated 1 trillion won (US$730 million), will see LG Energy Solution supply 8 gigawatt-hours of
Energy industries
The global solid-state battery market is poised for significant growth driven by advancements in energy storage technologies and increasing demand for more efficient and sustainable power solutions. Solid-state batteries offer a host of advantages, including higher energy density, enhanced safety, and longer lifespan, making them attractive for applications in electric
Energy industries
Nigeria's energy sector is experiencing a significant shift towards alternative power sources, driven by consumer frustration with the national grid's unreliability. As a result, millions of households and businesses have turned to solar-powered systems, inverter-battery setups, and community mini-grids to ensure a stable and affordable energy
Energy industries
CBAK Energy Technology, Inc. recently announced a strategic partnership with China First Automotive Works (FAW) Group Co., Ltd. A delegation from CBAK Energy visited FAW's headquarters in Changchun, Jilin Province, where they exchanged insights on potential collaboration opportunities, including the supply of CBAK Energy's upcoming Model
Energy industries
The global NCM battery material market was valued at $16.4 billion in 2024 and is projected to reach $40.6 billion by 2031, growing at a compound annual growth rate (CAGR) of 13.4% during the forecast period. The market is driven by the increasing demand for electric vehicles
Energy industries
CBAK Energy Technology, a leading lithium-ion battery manufacturer, has received a substantial order from Africa's largest electric vehicle (EV) player, valued at approximately US$11.6 million. The order comprises the company's advanced Model 32140 large LFP cylindrical batteries, which will be integrated into the customer&
Energy industries
LG Group Chairman Koo Kwang-mo recently visited Indonesia to inspect the group's battery manufacturing and research operations, reinforcing efforts to enhance its competitiveness in the electric vehicle (EV) market despite a temporary slowdown in global demand. During his visit, Koo toured facilities in Jakarta, including the Hyundai LG
