Monthly Archives: February 2016

South Korea’s rise to lithium prominence

South Korea is often recognised as a hub of technology innovation and battery R&D, but until recently the country was far behind its Asian peers in terms of its lithium consumption. A decade ago the country was consuming under 3,000 tonnes of lithium chemicals, and it wasn’t until 2007 that it ramped up its lithium purchases … Continue reading South Korea’s rise to lithium prominence

Lithium prices experiencing strongest ever surge

The lithium industry is going through its strongest ever period of price increases as both prices of lithium carbonate and hydroxide – the two primary chemicals produced – head north of $10,000/tonne. According to data collected by Benchmark Mineral Intelligence,  the price of lithium carbonate so far in 2016 is 47% higher than last year’s … Continue reading Lithium prices experiencing strongest ever surge

Gigafactory: 30% of output for Tesla Energy utility batteries

One third of the lithium-ion battery packs produced at Tesla Motors’ Gigafactory in Nevada will be destined for the utility market. Tesla’s utility storage division, Tesla Energy, has recently started shipping Powerwall, a battery pack for the home, and Powerpack, a commercial storage solution, to customers in US, Germany and Australia. While no information has … Continue reading Gigafactory: 30% of output for Tesla Energy utility batteries

CHART: The connected car, when cars become smartphones

Connectivity of a car – the integration with personal mobile devices and the internet – is becoming a major battleground for the auto industry. Cars will play a significant role in the internet of things – the network of everyday objects being connecting to the internet and collecting personal data on how they are being … Continue reading CHART: The connected car, when cars become smartphones

Tesla Powerwall begins to ship, what does this mean?

Tesla Energy’s Powerwall has to started to ship on a global scale with customers in Australia receiving the first of the company’s lithium-ion battery packs designed to power homes. The Gigafactory 1, the world’s biggest lithium-ion battery plant in Nevada and manufacturing home to the Powerwall,  is also only weeks away from its official launch. Here … Continue reading Tesla Powerwall begins to ship, what does this mean?

Batteries core to a fourth industrial revolution, World Economic Forum

The World Economic Forum (WEF) has described how energy storage, and the batteries that will make this possible on a mass scale, are key to a fourth industrial revolution. During the annual meeting of the forum in Switzerland, WEF founder Klaus Schwab explained how a blending of “physical, digital and biological spheres” is well underway, … Continue reading Batteries core to a fourth industrial revolution, World Economic Forum