NEWS

In the previous industry report, it is mentioned that the supply of the raw materials of the lithium battery is insufficient to meet the demand. A coin has two sides. The innovation of direct lithium extraction technology is emerging due to the supply constraints concerns.

Due to the rapid growth of demand in the domestic new energy vehicle market, the demand for iron-lithium materials and ternary are getting stronger and stronger. The global supply of technical-grade lithium markets is tight, result in the firm battery-grade lithium prices in the seaborne Asian market and rallying lithium battery-grade spot prices for United States and Europe.

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Global lithium-ion battery market is predicted to reach 71 billion dollars in 2025 and the demand for the lithium-ion batteries will exceed 9,300 GWh, with lithium-ion batteries above 36V as the most demanded voltage segment.Chinese manufacturers of motive lithium-ion battery and other lithium batteries are accelerating to expand the production since this January. UFO Power has launched the powerwall home energy storage battery with an advanced touch LCD display design in the lead.

Amionx, the California company has won headlines for its explosion-free battery technology; the company expects to license its advance for use in commercial products by the end of 2019.

With the opening of the 6th World Internet Conference (#WIC2019), #5G caused a heated discussion. It is reported that two robots played the piano by using an instrument connected to a 5G network and edge computing at the Light of Internet Expo. What is 5G?

The Royal Swedish Academy of Sciences has decided to award the 2019 Nobel Prize in Chemistry to John B. Goodenough, M. Stanley Whittingham and Akira Yoshino “for the development of lithium-ion batteries.”

On March 4, China mobile, one of the biggest company in telecommunication, has released their 2020 procurement plan of lithium iron phosphate battery (LiFePO4) as telecom power backup power with 610.2 million Ah. The potential signal of the return of LiFePO4 Battery in the market shows that safety is prime precedence for battery. In fact, this expectation of battery is the same applies to telecommunication base station.

Japan has introduced lithium-ion batteries into its submarines. On 5th March, the Japan Maritime Self-Defense Force commissioned its first Soryu-class diesel-electric submarine running on lithium-ion batteries. This diesel-electric submarine which named Oryu use lithium-ion batteries in place of the Stirling-cycle engines and traditional lead-acid batteries for submerged operations.

With the rapid development of electric vehicle industry in China, Shenzhen is the first city in China to realize fully electric bus service. Recently, according to the information from MIIT in China, the first batches of batteries from electric buses are hitting retirement age. The recycling and disposal of the first batch of retired batteries which have been used for more than 200 new energy electric buses has started. Over 700 tons of retired battery has been put into recycling.

China Tower has switched from using lead-acid batteries to procuring recycled LFP batteries from electric vehicles. In 2020, after China Mobile released an announcement of their procurement plan of 1.95 GWh LiFePO4 batteries for telecommunication application, China Tower announced their purchasing plan of 2GWh LiFePO4 battery pack subsequently.

BYD puts the spotlight back on safety and stability in presenting the Blade Battery. The battery cells themselves provide the structural integrity for the pack, eliminating the need for modules and support beams. To complete the pack, BYD sandwiches the battery blades inside upper and lower high-strength panels, inspired by an aluminum honeycomb structure.

In applications where weight is a consideration, Lithium batteries are among the lightest options available. In recent years Lithium has become available in several chemistries; Lithium-Ion, Lithium Iron Phosphate, Lithium Polymer and a few more exotic variations. The LiFePO4 batteries are the safest type of Lithium batteries as they will not overheat, and even if punctured they will not catch on fire.

The cathode materials are the key material to determine the battery performance and there is multiple choice of cathode materials within the Li-ion battery. Originally, the main active component of the cathode was cobalt. Currently, cobalt is partially being substituted by other component like nickel. The demand for high energy density, low cost and environmentally friendly batteries makes high-capacity cathode materials very attractive for future LIBs.