Redwood Materials to provide cathode material to Panasonic’s Kansas battery facility

Redwood Materials to provide cathode material to Panasonic’s Kansas battery facility

Nevada-based battery recycling company Redwood Materials will supply cathode materials to Panasonic’s Kansas battery production facility. This is the first time US-based Gigafactory-scale cathode production will be used in domestic cell manufacturing. In July this year, the Japanese battery manufacturer announced it will construct a USD4 billion battery production facility in DeSoto, Kansas, which will use the cathode materials provided by Redwood Materials as part of the newly announced deal. Both mass production at Panasonic’s Kansas facility and the first shipment of materials from Redwood to the site are scheduled for 2025.

 

 

The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.

 

 

Image Credit: Adobe Stock

ESS – Global Grid Deployment Infographic, October 2022

See below for our Battery Energy Stationary Storage Global Grid Deployments Infographic, October 2022. This draws on data from our BESS Monthly Assessment and our BESS Quarterly Outlook,

The BESS Monthly Assessment provides a monthly update of global BESS developments, both for projects and news from the sector. Click here to request a demo.

The BESS Quarterly Outlook provides long-term outlooks for ESS battery demand and battery chemistry, by application and region, based on robust and informed methodologies. Click here to request a demo.

Highlights from this month’s assessment:

 

  • General Motors announced it will enter the BESS business, launching a series of products under the Ultium brand targeting the residential, commercial and industrial sectors
  • Legislative support continues to build, with Chile and Turkey setting out energy storage strategies this month.
  • In October 2,833MWh of new capacity entered operation across 42 projects, a y-o-y increase of 182%. It was a strong month for the EU, EFTA & UK with 343MWh installed. YTD installed grid capacity sits just under 24GWh, with a 28GWh planned for completion this year

BESS Capacity Tracker – what does it tell us?

In October 3GWh of new capacity entered operation across 42 projects, a y-o-y increase of 182%. Of the operational projects, 54% by capacity was in the US, with 1.4GWh from Crimson Solar alone. YTD installed grid capacity sits just under 24GWh, with a 28GWh planned for completion this year.

Why do we track the battery energy stationary storage market? 

To understand the market dynamics, key drivers, and technologies our BESS market analysis is an important data tool providing the cathode demand for grid scale and behind the meter BESS based on use case, economic and regional analysis.

These trends have implications along the battery supply chain for battery raw material suppliers, battery manufacturers, utility companies and renewable energy developers, as well as anyone with an interest in the ESS battery supply chain

The monthly assessment provides a regular update of the developments in the BESS market, tracking both key market and technology news and an analysis into the roll-out and development of grid-scale projects and those currently in the pipeline. This enables you to stay up to date and well informed within the competitive and growing BESS market.

Who benefits from understanding battery energy stationary storage market dynamics? 

Battery raw material suppliers, battery manufacturers, utility companies, renewable energy developers as well as anyone with an interest in the ESS battery supply chain.

How do we track the battery energy stationary storage market? 

The near-term market is tracked via project announcements and progress updates these come from a number of sources including government and provincial bodies, news sites, technology supplier announcements, and planning bodies. The result is our ever-growing database of battery energy storage installation projects worldwide, which covers most projects over 10MWh, this is updated on an ongoing basis. We track key metrics for each project including the storage technology employed, the size of the installation, the feed-in energy source and supplier.

A key factor in the long term forecast in both grid and behind the meter methodologies is to assess the market outlook for global electricity demand, and also to determine the renewables share of the mix of this growing demand. For this, we consider a number of factors affecting this on a region-by-region basis. Our outlook for battery ESS is calculated by identifying the appropriate technology deployment based on the use case and economics in each storage scenario.

How could our data help you?

Access to the analysis we provide, enables our clients to gain an in-depth, comprehensive understanding of the battery ESS market. It allows them to devise well-informed strategies, stay up-to-date with key market developments, maintain an awareness of the competitive landscape and create future-proof plans.

The Battery Energy Stationary Storage Outlook delivers a complete overview and analysis of the current and future BESS market. The report can be used as both a reference tool to understand the market dynamics, key drivers, and technologies and as an important data tool providing the cathode demand for grid scale and behind the meter BESS based on use case, economic and regional analysis

The Battery Energy Stationary Storage Monthly Assessment provides you with a regular update of the developments in the Battery ESS market, tracking both key market and technology news and an analysis into the roll-out and development of grid-scale projects, and those currently in the pipeline.

Rho Motion’s EV Market Reports

To find out more about our battery ESS reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

Battery Energy Stationary Storage Outlook >>

Battery Energy Stationary Storage Monthly Assessment >>

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SK On bolsters lithium supply via deal with SQM

SK On bolsters lithium supply via deal with SQM

On Monday 7th November 2022, the Korean EV battery manufacturer SK On signed a five-year lithium supply deal with Chilean lithium and chemicals company SQM. The supply is set to begin in 2023 and will see SK On purchase up to 57,000 tonnes of battery-grade lithium hydroxide from SQM – enough to supply roughly 1.2 million EV batteries. The Korean company noted SQM’s ESG credentials as a motivator for cooperation.

The two companies also agreed to discuss further cooperation in the mid and long term on areas such as additional lithium supply, potential investment in production plants and waste battery recycling. Having recently agreed lithium supply deals with…

 

The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.

 

VinES and Li-Cycle enter strategic recycling alliance

VinES and Li-Cycle enter strategic recycling alliance

On the 3rd October 2022, advanced battery research, development and manufacturing company VinES Energy Solutions and leading lithium ion battery recycling firm Li-Cycle Holdings Corp. launched a global recycling partnership to make progress towards a closed-loop battery recycling supply chain. VinES and VinFast, a global EV manufacturer and fellow member of the Vietnam’s largest private corporation Vingroup, will look to capitalise on Li-Cycle’s advanced Spoke and Hub network strategy which has led to the US-based company growing to the current North American battery recycling market leader.

Both parties of the newly announced strategic alliance have been expanding their respective North American operations. Vinfast began the construction of a new EV production facility in North Carolina which is expected to…

 

The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.

 

Image credit: Li-Cycle

Battery Recycling Infographic – November 2022

See below for our Battery Recycling Infographic, November 2022. As you will see, this features market developments in the Battery Recycling space, and draws on data from our Battery Recycling Capacity Database and our Battery Recycling Quarterly Outlook .

The Battery Recycling Capacity Database tracks battery recycling annual capacity including plant locations, recycling input and output. Click here to request a demo of our Battery Recycling Capacity Database

The Battery Recycling Quarterly Outlook provides a long-term outlook for global scrap materials available for battery recycling by region, battery chemistry and feedstock covering end-of-life energy stationary storage. Click here to request a demo of our Battery Recycling Quarterly Outlook.

 

Highlights from the latest Battery Recycling Capacity Database:
  • The US government announced USD2.8 billion in grants from the Bipartisan Infrastructure Law to support and develop the domestic EV battery value chains; Ascent Elements and Cirba Solutions will receive USD480 million and USD75 million grants respectively.
  • Li-Cycle commenced its Spoke plant with an annual capacity of 10,000 tonnes of batteries in Tuscaloosa, Alabama, totalling 30,000 tonnes of its Spoke capacity in North America.
  • New facilities of Brunp, Tinci Materials, Lvwo New Energy and Guangdong Guanghua Sci-Tech are expected to recycle LFP EoL batteries in the coming years.

Global battery recycling pre-treatment capacity has reached around 1.3 million tonnes of batteries per year as of October 2022, with China accounting for 79% of the total capacity.

Why do we track the battery recycling market?

The battery recycling market is gaining traction, as EV value chains evolve towards long-term sustainability goals amid future raw material shortages and environmental, social and governance (ESG) concerns. We track the battery recycling market to provide insights into how the market is growing at global, regional and country levels, on the back of EV demand, legislation and battery recycling company strategies. We also track this market to provide insights into current and future battery recycling plant capacity across regions, and provide information on battery recycling inputs and outputs.

As part of the work involved to produce our battery recycling reports, we publish a monthly infographic to offer our followers regular insights into how the battery recycling market is developing on a global scale. We include news highlights as well as insights into global battery recycling pre-treatment capacity and regional battery recycling pre-treatment capacity share.

Who benefits from understanding key developments and dynamics across the battery recycling market?

Businesses operating within the EV supply chain such as raw material producers, battery producers, OEMs and battery recycling companies will benefit from our battery recycling reports, as will those considering entering the market.

How do we track the battery recycling market?

Our forecasts are based on robust and informed methodologies, which examine interactions between the different functions that make up the supply chain. We track battery recycling legislation, battery recycling companies’ strategies and closed-loop supply chain, battery chemistry as feedstock, as well as battery recycling technology. We also track existing and new battery recycling plants across regions, including their recycling input and output.

How could our data help you?

Our reports and supporting materials are designed to help inform and shape the ways in which you respond to shifting market dynamics. Our data and analysis on the battery recycling market allows you to gain a comprehensive understanding of how this market is developing on a global, regional, and country level. We also offer insights into the competitive landscape so you can understand your position, and stay up-to-date on major market players, new entrants and formation of joint ventures. In short, businesses operating in the EV supply chain will find it easier to form considered, forward-thinking strategies with their Rho Motion reports to hand.

Rho Motion’s EV and Battery Market Reports

To find out more about our Battery Recycling reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the ‘Get Started’ form below and we will be in touch.

Battery Recycling Quarterly Outlook >>

Battery Recycling Capacity Database >>

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Monthly EV Global Sales Infographic – September 2022

 

Our Monthly EV Global Sales Infographic draws on work from our EV Battery Chemistry Monthly Assessment and our EV & Battery Quarterly Outlook.

The EV Battery Chemistry Monthly Assessment Each analyses the latest in EV and battery market developments and provides our regular assessment of EV battery demand by battery chemistry and vehicle class. Click here to request a sample of this report.

The EV & Battery Quarterly Outlook provides long-term outlooks for EV penetration, battery pack size and chemistry by vehicle class, based on robust and informed methodologies. Click here to request a sample of this report.

Highlights from this month’s assessment include:

  • In the US the Department of Energy announced the recipients of a USD2.8 billion funding grant as part of the Bipartisan Infrastructure Law, which will help develop a domestic energy storage value chain.
  • LG Energy Solution is the latest company to announce a new CTP product, with mass production expected by 2025. The new architecture will improve volumetric energy, with space utilisation set to increase from 50% to 70% for CTP pouch-type cells.
  • Overall BEV & PHEV sales increased by 20% m-o-m in September 2022. 2022 YTD battery deployment is now 69% above 2021 levels, higher than the comparative rise in units sold of 61%.

 

Passenger car & light-duty vehicle monthly sales exceeded one million for the first time in September 2022, reaching a total of 6.8 million YTD. BYD and Tesla continue to lead the market with the most EV sales YTD.

Why do we track EV sales and EV battery demand?

As EV and battery market analysts, we track EV sales across all vehicle classes, cathode and anode chemistry, and battery demand on a monthly basis. Our tracker is used for analysis on the implications for raw material demand, and for the deployment of battery packs so that our members and followers can better understand what is driving global EV sales and battery demand.

Who benefits from understanding EV sales and EV battery demand?

In order to form robust strategies and informed policies, battery manufacturers, OEMs, EV battery technology companies and policy makers need a solid grasp of what EV battery demand looks like from region to region, and from one time period to the next. Anyone operating within the EV supply chain, will benefit from understanding EV battery demand, what is driving it and how it affects the EV market as a whole.

As part of the work involved to produce our EV and battery products, we publish a monthly EV Sales infographic, to offer our members and followers regular insights into how EV sales are developing globally. The infographic provides news highlights, and insights into monthly EV sales by region, top OEMs YTD, top five BEVs sold globally YTD, and global BEV and PHEV share, YTD. 

How do we track the EV and battery markets?

Our EV Battery Chemistry Monthly Assessment, and our EV & Battery Quarterly Outlook both contain in-depth analysis into EV battery demand, EV sales and all other key variables that shape the EV and battery markets.

The EV Battery Chemistry Assessment is a weighted average of vehicle battery chemistry across passenger car and light duty vehicle, bus and coach, and medium and heavy duty vehicle sectors. Electric vehicle sales data is collected on a model-by-model basis from automotive associations at country level for both BEV and PHEV vehicles for major markets. This analysis covers a minimum of 90% of total global market sales, and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality. Our EV battery demand index is derived from this data.

Our forecasts are based on robust and informed methodologies looking at the interactions between different functions in the supply chain. We track the following variables that impact the forecast: Legislation and incentives, OEM strategy, battery manufacturers’ capital investment and battery chemistry strategy, battery raw material pricing and costs, charging infrastructure investment, electric vehicle cost of ownership and consumer behaviour. For each vehicle model we collect data relating to battery pack size, battery chemistry, cell format, number of cells, and pack supplier in addition to a number of other vehicle metrics

How could our data help you?

Our insight and analysis on the EV market and battery technology advances, allow our clients to be fully up to date on latest developments, and will help inform the ways in which they react and respond to changing market dynamics. Businesses with an interest in the EV supply chain, from battery raw materials suppliers, battery manufacturers, OEMs, to charging infrastructure providers, will find it easier to form considered and forward-thinking strategies when equipped with Rho Motion data and analysis.

Rho Motion’s EV & Battery Market Reports 

To find out more about our EV & battery market reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

EV & Battery Chemistry Monthly Assessment >>

EV & Battery Quarterly Outlook >>

EV & Battery Monthly Database >>

EV Motors Monthly Assessment >>

Hybrid EV & Battery Quarterly Outlook >>

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