Pronto’s Post

🔋 Battery Demand Surges: 30% Year-on-Year Growth! 🔥 According to #mckinsey , the worldwide demand for #batteries is on an incredible upward trajectory, with a staggering 30% year-on-year growth. 🌍 🚗 Leading the Charge: Li-ion Batteries in EVs 🚀 The driving force behind this surge? Li-ion batteries in Electric Vehicles (EVs)! As the global transition to cleaner and greener mobility accelerates, the demand for #graphite , a crucial component in these batteries, is soaring. 🌱 🌟 Why It Matters: Graphite is indispensable in the #EV #revolution . It's not just #lithium; graphite plays a significant role! The clean energy future hinges on materials like graphite. Source: https://lnkd.in/eKRj5hUy #GraphiteDemand #EVs #CleanEnergy #SustainableMobility Adrian Costello Ray(Ruizhe) Hu Vanessa Hughes Daniel De Vere

🔋 Exciting Times Ahead for the Battery Industry! 🔋 As we innovate at Piersica, it's thrilling to see forecasts that align with our vision. A report from McKinsey & Company from earlier this year underscores the tremendous growth expected in the lithium-ion battery market - a space where we are actively contributing with our solid-state battery technology. Key Takeaways: 🚀 The demand for lithium-ion batteries is poised for a dramatic increase. By 2030, it's estimated that the world will need 120 to 150 new battery factories. This isn't just a surge; it's a revolution in energy storage! 💡 The revenue in the battery value chain is projected to grow exponentially, from about $85 billion in 2022 to over $400 billion by 2030. At Piersica, we're geared up to be a part of this incredible journey. Our solid-state battery technology is not just an innovation; it's our contribution to a more sustainable and energy-efficient future. Read more about these insights and what they mean for the future of batteries in the link below. #batterytechnology #solidstatebatteries #energyrevolution #sustainability #futureisnow https://lnkd.in/eKRj5hUy

💡 Morrow Batteries stands at the forefront of the green energy revolution, committed to accelerate the transition towards sustainable power solutions. As a leading battery manufacturer, Morrow plays a pivotal role in the RESPECT project, spearheading innovation and sustainability in the realm of battery technology 🔋 🙏 𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐑𝐄𝐒𝐏𝐄𝐂𝐓 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 Morrow recognises the importance of collaboration and innovation in driving positive change 🙌 Through participation in the RESPECT project, Morrow is dedicated to provide industrially relevant materials that empower the project to achieve its ambitious objectives 🎯 By sharing crucial data on materials, they ensure seamless integration and efficiency within the project's operations. 📊 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 Morrow's mission extends beyond conventional battery production. With the inauguration of our state-of-the-art battery cell factory in Norway 📍 slated for 2024, they are revolutionising the industry with cost-effective and sustainable Li-ion batteries. Moreover, Morrow plans for a gigafactory capable of producing 42 GWh cells per year underscore their unwavering commitment to scaling sustainable solutions 🏭 🌐 𝐌𝐨𝐫𝐫𝐨𝐰’𝐬 𝐂𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐭𝐨 𝐑𝐄𝐒𝐏𝐄𝐂𝐓 Morrow's involvement in the RESPECT project is multifaceted and impactful. They prioritise ensuring the seamless supply of materials to our esteemed partners, facilitating the smooth progression of project operations 🔗 Additionally, they lend their expertise to the review of cell testing data, providing essential benchmarking insights to validate the utilisation of recycled materials in line with industry standards 📑 𝐖𝐡𝐲 𝐑𝐄𝐒𝐏𝐄𝐂𝐓 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 ❔ RESPECT represents more than just a project — it's a catalyst for change. By designing and validating recycling processes on a pilot scale, RESPECT aims to maximise resource recovery, including critical raw materials and active battery components. Participation in RESPECT is driven by Morrow's vision of closing the loop on resource usage, effectively integrating in-house production scrap and secondary raw materials into battery cell production 🗻 Furthermore, their involvement supports the establishment of a robust value chain for battery collection and recycling, bolstering sustainability efforts and driving tangible environmental impact 🌱   Morrow is moving rapidly towards mass production of sustainable batteries. They will utilise 100 % clean energy ⚡️ in their battery cell production and target significant CO2 reductions in our supply chain 📉 Morrow will also become increasingly circular as we allow for the use of production scrap and secondary raw materials into battery cell production. Through partnerships, we will enable the collection of used batteries for further recycling or re-use. 𝐕𝐢𝐬𝐢𝐭 𝐌𝐨𝐫𝐫𝐨𝐰'𝐬 𝐰𝐞𝐛𝐬𝐢𝐭𝐞 ⬇️

#SolidstateBatteries will change the world of #EV, but not for two more decades, and here's why! Every topic on LinkedIn these days around anything #electricvehicle includes the solid-state battery discussion. This incredible invention is lighter, more dense, more #heatresistant, and #charges faster than its liquid #electrolyte counterpart. While it may be an unpopular opinion, the supply chain, recycling capabilities, and cost reductions will take 10-15 years to meet even half the need for EV, #energystoragesystems, #solarenergy, and #residentialsolar. The 56 million cars sold yearly will need north of 60 billion #batterycells annually. The good news is that companies like NIO will use Semi-Solid-State batteries as early as 2025. The bad news is that, yet again, China is ten years ahead of the West in materials, mining, and processing for the needs of a solid-state battery market. Semi-solid is the buffer for the next decade as OEMs ramp separate production lines. If you think I am wrong, I am happy to learn why, but for now, that's where I believe we are at in the market. We have no idea what economies will look like for the next decade with the world in turmoil ever since the pandemic, so while I am excited to continue the convo, I think we have a ways to go before we can produce even a portion of the trillions of cells that will be needed every year in the future. I also believe the 700 #batterymanufacturing plants worldwide with liquid is a complex machine to turn off at any level, so those plants need to be converted or replaced. #solidstate #semisolid #quasisolid #batterytechnology Ramesh Jennifer Battery Brunch (Volta Foundation) Battery Pub (Volta Foundation) https://lnkd.in/gPQESTc6

Lithium Ion Battery market is growing and expected to grow even faster in the current decade. The faster acceptance of EV, in the backdrop of enormous push towards sustainable transport, is the major force behind this growth in Li Ion Battery market. However, from sourcing of technology, to ensuring consistent supply of critical material, recruitment / retention of right manpower and addressing ESG concerns will be critical. In this backdrop, this article from McKinsey is an interesting read. #lithiumionbatteries #lithiumbattery #sustainability #ev #evehicles https://lnkd.in/e_VdXhcC

Just last week I got to host a pilot tour and explain the process with our integrated RotoDynamic Technology - and already today this great article by Forbes, Gaurav Sharma has been published. Read the full article by Forbes here: https://lnkd.in/gENvEaDU

𝗦𝗼𝗹𝗮𝗿 𝗽𝘆𝗿𝗼𝗹𝘆𝘀𝗶𝘀 𝘁𝗼 𝗿𝗲𝗰𝘆𝗰𝗹𝗲 𝗹𝗶𝘁𝗵𝗶𝘂𝗺-𝗶𝗼𝗻 𝗯𝗮𝘁𝘁𝗲𝗿𝗶𝗲𝘀 𝗮𝗰𝗲𝘀 𝗣𝗿𝗼𝗼𝗳 𝗼𝗳 𝗖𝗼𝗻𝗰𝗲𝗽𝘁⁣ ⁣ One of the hurdles for #Concentrated #Solar #Thermal energy to decarbonize heat-based industrial processes is that most of these industries, from steel and cement making to chemicals and food processing, have been around for a hundred years or more, and fossil-fueled heat grew up with them over that century, and so fossil heat became the entrenched technology. But lithium-ion battery recycling using heat (pyro-metallurgy) presents an opportunity for concentrated solar heat to get in on the ground floor of a new industrial process and compete with fossil-fueled heat while both are at a more similar, relatively nascent stage. Pyro-metallurgy is one of the two ways batteries are being recycled. (The other uses chemicals, hydro-metallurgy). Research at PROMES CNRS laboratory, led by Gilles Flamant, has just confirmed the feasibility of a solar-driven pyro-metallurgical process to recycle the lithium, nickel, cobalt, and other valuable components from lithium-ion batteries. His teams at PROMES do groundbreaking work in industrial decarbonization with very high-temperature solar heat. #CSP

This is big news and so important for our EV production, we need lithium to make electric vehicle batteries, and importantly clean green production. Currently most of the world's lithium is refined in China with high carbon emissions. Green Lithium has developed a sustainable way of producing battery grade lithium. Electric vehicles will play a fundamental part in the effort to reduce carbon. This means that the demand for EV batteries will increase. The UK and EU markets alone will require over 800,000 tonnes of refined lithium a year. But there is currently no large-scale lithium refining capability in either the UK or the EU. Green Lithium has secured planning permission to build a large-scale refinery in Teesside which will support the automotive and battery manufacturing industries in the UK and EU. The development is set to create more than 1,000 jobs. https://lnkd.in/eZZvS6Y7

impressive how fast battery technology evolves. Anyone who knows charging times and range? I assume the electricity to charge with will (eventually?) come from a renewable source. #sustainable_mobility