Electrification Solutions

https://lnkd.in/g28udjPF The Deputy Minister of the Saudi Ministry of Mining Affairs revealed an important development: Saudi Arabia has successfully extracted #lithium from brine samples taken from the Saudi Aramco oilfields and plans to quickly advance a commercial pilot project. This move marks a significant step forward for Saudi Arabia in its energy transition efforts. Read on the Electrification Solutions website at the link above. #energy #energyproduction

https://lnkd.in/gvYjiiuF Tesla announced that its new #lithium refinery in Texas has officially begun operations. The project, which broke ground over a year ago, started processing raw materials in its furnaces on December 15, according to a post from Tesla’s North American official account on X. This also marks #Tesla as the only automaker in North America to refine lithium on its own. Read the full article on the Electrification Solutions website at the link above. Comment and include your thoughts below. #electricvehicles #electriccars

https://lnkd.in/ghpks_cG Envision Energy Storage signed a supply contract with EDF Group to provide #battery #energy storage systems (BESS) for three independent energy storage projects led by #EDF in South Africa. The total installed capacity of these projects will be 257 MW / 1028 MWh. This marks the first GWh-level energy storage order in South Africa. Read the full article on the Electrification Solutions website at the link above, and write your thoughts below. #energystorage #batteryenergy

https://lnkd.in/gmw2pBBs In November, the total production of power and other #batteries in China reached 117.8 GWh, marking a month-on-month (MoM) increase of 4.2% and a year-on-year (YoY) increase of 33.3%. From January to November, the cumulative production of power and other batteries in China amounted to 965.3 GWh, representing a YoY increase of 37.7%. By the end of 2024, the cumulative production of power and other batteries in China is expected to exceed 1 TWh. See all the statistics and numbers at the Electrification Solutions website at the link above. Please Like and Share online. #batteryindustry #batteryproduction

https://lnkd.in/g8VixDTV #CATL and Stellantis announced the formation of a joint venture, with both companies holding a 50% stake. They will build a large-scale LFP #battery factory in Zaragoza, Spain, with an investment of up to 4.1 billion euros (approximately $4.3 billion US). The plant is scheduled to begin production by the end of 2026, with an annual production capacity of up to 50 GWh. The facility will be designed to meet full #carbon neutrality standards, and the investment plan is now progressing steadily. Read the full article on the Electrification Solutions website above. What do you think? Comment below. #carbonneutrality #Stallantis

https://lnkd.in/gBBN7gsZ Stellantis announced a joint development agreement with #Zeta Energy, a US-based #lithium-sulfur #battery technology company. The two companies will collaborate to develop lithium-sulfur batteries and accelerate their application in the #EV sector. Read the full article on the Electrification Solutions website at the link above.

https://lnkd.in/gfWsgYHV SNE Research released the latest data about the global power battery installation. The data shows that from January to October 2024, the global power #battery installation reached approximately 686.7 GWh, marking a year-on-year increase of 25%... Chinese battery companies, represented by #CATL and #BYD, have seen rapid growth in installations overseas, squeezing the market share of Japanese and South Korean companies. Read on the Electrification Solutions website at the link above, and write your comments below. What do you think? #batteryproduction

https://lnkd.in/gkuCepMb On December 3, the European Commission announced it has partnered with the European Investment Bank (EIB) to support investments in the #EU’s #battery industry, aiming to enhance the competitiveness of Europe’s battery sector. Read the full article on the Electrification Solutions website. What do you think? Comment below.

https://lnkd.in/gdUvkhC6 On December 2, General Motors (NYSE: GM) announced it had reached a non-binding agreement to sell its stake in the soon-to-be-completed Ultium Cells LLC battery plant in Lansing, Michigan, to its joint venture partner LG Energy Solution. Read on the Electrification Solutions website at the link above. Write your thoughts below. What do you think?

https://lnkd.in/ggMUnmSW According to a statement released by the Chinese Embassy in Bolivia on November 27, 2024, Hong Kong CBC Investment Limited (CBC) and Yacimientos de Litio Bolivianos (YLB), Bolivia’s state-owned lithium company, signed a services contract for the production of lithium carbonate in the Salar de Uyuni on November 26. Read on the Electrification Solutions website at the link above. Please Like and Share online. #batteryproduction #lithiumbattery #lithium