On June 23, IBM announced that it will begin a multi-year initiative aimed at increasing the energy density of lithium-ion batteries by a factor of 10. This initiative, targeting lithium-air batteries, will kick off with IBM's 2009 Almaden Institute event, "Scalable Energy Storage: Beyond Lithium Io...
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Analyst Insight | March 31, 2021
Just over a year ago, the World Health Organization (WHO) officially declared a global pandemic. At the time, there was a great deal of uncertainty about how COVID‑19 would impact the energy industry. Almost 12 months later, we witnessed a 20% drop in oil demand, a 5% reduction in electricity ... Not part of subscription
News Commentary | May 03, 2021
General Motors and LG Energy Solution announced a $2.3 billion investment to build their second battery cell manufacturing plant in the U.S. The investment will help Ultium Cells, a joint venture of LG Energy Solution and General Motors, increase the production of large‑format, pouch‑style cells ... Not part of subscription
News Commentary | June 09, 2021
In a move to diversify its battery product portfolio, CATL will begin manufacturing Na‑ion batteries in July. This is the first time a major cell manufacturer has bet on the chemistry. Na‑ion has a lower bill of materials than Li‑ion; it can be transported safely at 0 V and meets many of the same ... Not part of subscription