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...
To develop high-performance lithium-ion batteries that will power the next generation of ultra-luxury electric cars in the United Kingdom, Aston Martin has formalized an agreement that merges its 109-year history of automotive excellence with Britishvolt's pioneering expertise in battery technologies. "For a prestigious marque such as Aston Martin, staying true to its world-renowned brand of ultra-luxury, high-performance vehicles, whilst transitioning to electrification,...
As part of ongoing efforts to create an electric ecosystem for the United Kingdom, battery manufacturer Britishvolt has partnered with Swedish commodity giant Glencore to develop an industry-leading battery recycling joint venture. The partnership is intended to create a world-leading ecosystem for battery recycling in the UK and will be anchored at Britannia Refined Metals' – a Glencore company – future recycling plant in Northfleet. This project sees a return to rec...
Battery pioneer Britishvolt, the United Kingdom's foremost investor in battery cell technologies, has signed a memorandum of understanding with Lotus to develop tailor-made battery cells to go into electric vehicles produced by the premier UK sportscar manufacturer. "Britishvolt is excited to be working with such a prestigious and highly acclaimed OEM as Lotus," said Britishvolt Chief Commercial Officer Oliver Jones. "This MoU demonstrates that the legacy one-size-fits-all...
Britishvolt, Oxford University, and five other United Kingdom-based universities, private sector, and government organizations have joined forces to develop world-leading solid-state lithium battery technology for the automotive industry. "Collaboration between industry, government and our world-leading academic institutions is putting the UK at the forefront of global efforts to develop innovative automotive technologies, such as solid-state batteries," said UK Minister for I...
While ramping up construction of a lithium-ion battery manufacturing facility capable of producing enough cells each year to power 300,000 electric vehicles, Britishvolt has forged a strategic partnership with Glencore, the world's largest producer of the cobalt used in most electric vehicle batteries. "Cobalt is a key ingredient in electric vehicle batteries and knowing that we are being supplied with ethically produced, low-carbon cobalt is a signal to the market that we are...
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...
