Investing in Battery Technology | AuAg Funds
As the world is shifting away from carbon-based energy toward renewable energy, new investment opportunities are emerging alongside advancements in battery technology. The Electric Vehicle (EV) revolution is a key part of this energy transition, igniting significant investor interest in the metals that make the production of so-called lithium-ion batteries possible.
Tidalwave of clean energy investment worth billions unlocked
BW Group proceeding with a £300m investment into a new battery energy storage project in Birmingham. Holtec, a major US advanced nuclear engineering company, has confirmed a significant
What''s next for batteries in 2023 | MIT Technology
Expect new battery chemistries for electric vehicles and a manufacturing boost thanks to government funding this year. By . Casey Crownhart archive page; January 4, 2023.
Oxford Mini plant saved with £600mn UK electric car
JLR is investing about £15bn in new electric models to be built in the UK, while parent group Tata this summer announced a £4bn investment into a new battery plant, which will use Chinese
Nissan to create thousands of UK jobs in battery
Nissan to create thousands of UK jobs in battery investment. Published. 28 June 2021. comments. It is hoped the new plant will be producing batteries in time for 2024 when the level of UK-made
Battery Smart
But Battery Smart enables drivers to simply swap a depleted battery for a fresh one without any wait. This means they can be on the road for longer, and maximise their earning potential without having to invest in their own batteries, as well as significantly reduce their up front investment in new vehicles. "Battery Smart''s service is very
GM''s latest investment could speed development of
GM has boosted its investment with Mitra Chem, a company focused on building batteries in the US using iron-based cathodes, with a new $60 million financing round.
"New battery investment demands cutting edge skills"
A crucial prerequisite for industrial development and production is skills supply. A large proportion of the employees who will eventually work at the battery factory and in surrounding research and development roles will be engineers and
Italian battery investment case: "A new model"
"15 year MACSE long term contract support is a game changer for BESS investors" Our feature content this week is video based. You can meet some of the Timera power team in a recording of our recent ''A new model''
How the new EU Battery Fund can put Europe on the
The European Commission''s new Battery Fund is a critical first step to catch up by bridging the finance gap to scale up production of EU batteries, their components and the whole supply chain
Toyota, Nissan, Mazda, Subaru unveil big new EV battery plans
Toyota, among several Japanese automakers including Nissan, Mazda and Subaru announcing new battery investment plans with Tokyo government backing, intends to roll out new solid-state batteries
bp to invest up to £50 million in new global battery
bp today unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art electric vehicle (EV) battery testing centre and analytical laboratory in the UK. bp has previously announced its intention to
How the new EU Battery Fund can put Europe on the battery
How the new EU Battery Fund can put Europe on the battery map (EurActiv, 16 Jul 2024) Europe is still running behind in the global scramble to secure the green supply chains of the future. China''s decades'' long planning and investment, and the US''s more recent surge of support, risk leaving our continent in the dust.
Delivering the future of battery technology
From digital twins to improving battery recycling and next generation battery materials 17 projects announced today (26 January 2023) will support innovation in propulsion battery technologies for electric vehicles
Toyota confirms solid-state EV battery plans with 750
It''s aiming to begin rolling out the new battery tech in 2027 and 2028. Despite this, in a recent Toyota Times post, the company said mass production is expected "for 2030 and beyond."
LG Energy Solution $5.5bn US battery manufacturing complex
LG Energy Solution, an energy solutions provider based in South Korea, has unveiled its plan to build a new battery manufacturing complex in the US with an investment of KRW7.2tn ($5.5bn). The manufacturing complex will be built in Queen Creek Arizona, and represents the single biggest investment to date in a stand-alone battery production facility in
No, America''s battery plant boom isn''t going bust –
A new battery plant under construction nearby will supply BMW factories. totaling US$127 billion in investment, and more than 131,000 new jobs since the Inflation Reduction Act became law in
Breakthrough Batteries
Total manufacturing investment, both previous and planned until 2023, represents around $150 billion dollars, and analysts expect the capital cost for new planned battery manufacturing capacity to drop by more than half from 2018 to 2023.
BMW plans €800mn Mexican EV and
BMW plans €800mn Mexican EV and battery investment amid subsidies row. BloombergNEF tracked $715mn in new EV supply chain investments in Mexico
Brand new battery technology to be trialled on TransPennine
Brand new battery technology to be trialled on TransPennine train Following an investment of more than £500m including the introduction of new Nova trains, we are continuing to transform rail services through high levels of performance, investment in stations, enhanced accessibility, measures to improve sustainability and more investment.
New Battery Innovations to Watch in 2024 | Value The
Discover the latest battery innovations of 2024 and investment opportunities in this rapidly growing industry driven by clean energy demand and advanced technology. In this article, we will explore some of the new
Dyson to build new battery plant in S''pore as it ramps
While the company did not disclose the investment value of Singapore''s new battery plant, a spokesman said: "This investment is part of our ongoing $1.5 billion commitment to our future in
11 New Battery Technologies To Watch In 2025
We explore cutting-edge new battery technologies that hold the potential to reshape energy systems, drive sustainability, and support the green transition.
Tesla plans four new batteries in 2026, including for
Oct 3 (Reuters) - Tesla, opens new tab plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric vehicles, the Information
Envision AESC steps up plans to build
A CGI of the new battery plant for AESC Envision (Image: AESC Envision) Construction is due to begin in 2022 to support battery production in 2024, and could
Record funding uplift for UK battery research and
The UK''s world-leading manufacturing industries will be boosted thanks to £211 million in new government funding for battery research and innovation, Business Secretary Jacob Rees-Mogg
Exclusive: Global carmakers now target $515 billion for EVs,
The most recent analysis shows carmakers planning to spend an estimated $515 billion over the next five to 10 years to develop and build new battery-powered vehicles and shift away from combustion
UK battery strategy (HTML version)
Investment in UK battery manufacturing is increasing, including the new AESC Group gigafactory being built in Sunderland – AESC UK plant 2 – and Tata Group''s
Tata Group to invest over £4 billion in UK gigafactory creating
The forward-thinking UK battery strategy sets the stage for sustained governmental commitment and strategy execution. It outlines a comprehensive vision and an
Nio CEO on Battery Swapping: 2k New Stations in
The #20 battery pack, using LFP technology, provides a capacity of 42 kWh supporting a range of 400 km with the #25 battery pack offering a larger capacity of 56 kWh and a range of 500 km. Asked to
Scotland to host 3 biggest battery energy storage systems in
Scotland is to host the three largest battery energy storage systems in Europe after an infrastructure investment fund committed £800mn to build two new battery projects, with a combined 1.5
Green energy innovations powering regional
UBC''s plans for a new production and R&D facility were announced as one of 18 deals in a £9.7bn package of foreign investment at the Global Investment Summit in October 2021. Some 30,000 jobs have been pledged to be created through
AI to drastically cut time to develop new battery
Battery producers are optimistic of AI revolutionising the discovery of new materials, emulating a shift seen in the pharmaceutical industry where the technology is being used to speed up the
6 FAQs about [New battery investment]
Why is the UK investing in battery manufacturing?
The UK government is committed to continuing to invest in UK battery manufacturing. This strategy builds on our impressive track record of targeted government support, leading to a pipeline of investments through the battery ecosystem:
What is the UK battery strategy?
The forward-thinking UK battery strategy sets the stage for sustained governmental commitment and strategy execution. It outlines a comprehensive vision and an action plan, articulating a roadmap for the nation's robust growth in the battery industry while remaining steadfast in achieving net zero objectives.
Will the UK be a world leader in battery innovation?
The UK will be a world leader in sustainable design, manufacture, and use of batteries, underpinned by a thriving battery innovation ecosystem. The strategy was developed with the UK Battery Strategy Taskforce, drawing on the Call for Evidence [footnote 78] and engagement with businesses and stakeholders.
How will a £29 million investment boost the future of batteries?
A £29 million investment will boost six innovative projects, four of which involve University of Oxford researchers, that are driving progress towards developing the next generation of batteries.
What is the future of battery production in the UK?
‘UK Electric Vehicle and Battery Production Potential to 2040.’ 2022. ↩ McKinsey Battery Insights Team. ‘ Battery 2030: Resilient, Sustainable and Circular.’ 2022. ↩ HM Government. ‘ Transitioning to zero emission cars and vans: 2035 delivery plan. ’ 2021. ↩
Why should we invest £38 million in the UK battery Industrialisation Centre?
Invest an additional £38 million to enhance the UK Battery Industrialisation Centre development facilities, boosting its capability for research and development in new chemistries and future technologies. This builds on our know-how in lithium-ion solutions and enables the scale-up of emerging innovations.