Lithium-ion battery cell costs could fall to as little as US$76 per kWh by 2030, from around US$139 per kWh this year, according to new analysis by Navigant Research.
Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.
Nuclear generation company Exelon and chemical company Albemarle, which has lithium mining facilities, are investigating opportunities in the energy storage space, having partnered with battery energy storage investor Volta Energy Technologies to do so.
A new solid state electrolyte for lithium batteries developed by Panasonic and nano-electronics and digital tech innovation hub imec has achieved “exceptionally high” ionic conductivity at room temperature.
Kodak, the tech company best known for producing photographic film and imaging equipment, has inaugurated the Kodak Cell Assembly Center, a new facility aimed at accelerating development and scale-up of advanced batteries for energy storage.
Two initiatives have got underway in Europe, one in Germany and the other in Britain, aimed at accelerating battery development for electric vehicles and stationary storage respectively, while vacuum cleaner company Dyson has pledged a US$1.44 billion commitment to batteries – for cordless cleaning devices.