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lithium batteries – XtremeCuztoms

Tag: lithium batteries

Lithium Batteries Are All Around You—And They Can Catch Fire

This might be the most important column I’ve written in my 30 years as a syndicated columnist. There’s a very high probability you have lithium-ion batteries in your home. They are now as common as ants at a summer picnic. You need to understand the danger to your home and to you and your loved…


All-Electric Passenger Plane ‘Electrified the Skies’ During Inaugural 8-Minute Flight: Company

An all-electric airplane developed by Eviation Aircraft achieved a major milestone in electric aviation as it flew for 8 minutes at an altitude of 3,500 feet, the company announced. The flight took off on Tuesday at 7:10 a.m. from the Grant County International Airport in Washington. The zero-emission aircraft, named Alice, cuts down on noise…


South Korean Companies Enter US Waste Battery Recycling Business to Reduce Mineral Dependence on China

Amid the rising global demand for electric vehicles and the U.S.’s passage of the Inflation Reduction Act, many South Korean companies have entered the U.S. battery recycling market. And those that rely heavily on China for key minerals are diversifying their supply chains, and one of their solutions is reusing waste batteries. The Inflation Reduction…


Millions of Electric Car Batteries Retiring by 2030, Are We Ready To Deal With What Could Be Ticking Time Bombs?

The evolving landscape of lithium batteries is creating both contradictions and infrastructure hurdles that, according to some, need to be addressed sooner rather than later. A critical component of this is waste management. More than 6 million electric vehicle (EV) battery packs will end up as scrap between now and 2030, and the recycling and…


US Giant BlackRock to Invest $1 Billion Into Australian Battery Projects

U.S. investment giant BlackRock will invest $1 billion (US$701 million) into Australian battery projects after agreeing to acquire Melbourne-based Akaysha Energy. Akaysha currently has nine projects across the country, with the most advanced being its 300-megawatt Ulinda battery in the Western Downs region of Queensland. Its largest project is the 1,600 megawatt Orana battery in…


Electric Vehicles: Not a Deal for You or the Environment

Used cars cost more than ever, but there is an exception to this. Used electric vehicles (EVs) may appear to be a bargain in today’s used car market. A woman in Florida purchased a used 2014 Ford Focus Electric for $11,000. It had 60,000 miles on it. After driving it a few months, lights started…


Rights Abuser China Emerging as Dubious Linchpin of Biden’s Lithium-Battery Supply Chain

A Chinese-dominated mining company has procured millions of dollars in American subsidies to extract lithium in the United States—but, given a dearth of U.S. processing capacity, the mineral is likely to be sent to China with no guarantee that the end product would return as batteries to power President Biden’s envisioned green economy. Critics say…


Ramping up ‘New Oil’ Race, China Buys Lithium Mines in Argentina

Due to the limited supply of domestic lithium resources, battery-related companies in China have stepped up their competition for outside lithium sources. Responding to a tweet on July 13 saying there is no security without energy independence, Tesla CEO Elon Musk wrote, “Absolutely. And lithium batteries are the new oil.” The production of this “new…


Carmaker Stellantis Secures Supply of Battery-Grade Lithium

MILAN—The carmaker Stellantis said Monday that it has secured a five-year supply of battery-grade lithium hydroxide in Europe to support its plans to convert to 98 percent electrified vehicles by 2025. Stellantis, the company that combined PSA Peugeot and Fiat Chrysler, signed a binding agreement with Vulcan Energy Resources Ltd. in Germany, which uses geothermal…


Used Car Battery Problems Take Shine Off China’s ‘Green’ New Energy Vehicles

In the last decade, China has rapidly expanded its “green” new energy vehicle (NEV) industry but recycling and disposing of hundreds of thousands of tons of used car batteries has become a pressing issue due to environmental concerns. Growth in China’s NEV industry took off in 2014 when nearly 78,500 NEVs were produced and some…