Top Battery-Related Articles that Gained the Most Traffic in March
In a recent report titled "Building a Robust and Resilient U.S. Lithium Battery Supply Chain," the focus is on reducing emissions from electric vehicle (EV) battery production, a critical aspect given that the production process for EV batteries is highly carbon-intensive, accounting for 40-60% of overall emissions.
The report underscores the need to address the high carbon footprint of EV battery production to fully realize the low-carbon benefits of EVs. By 2030, global demand for lithium batteries is anticipated to increase significantly, with the demand in the United States expected to increase more than 5 times. To meet this growing demand, an additional 3000 gigawatt hours of battery capacity needs to be manufactured annually by 2025.
The report outlines actions manufacturers can take to reduce emissions from EV battery production. Depending on design decisions, manufacturing and sourcing regions, and energy sources used for creating battery components, significant reductions in emissions can be achieved. Significant reductions in emissions from EV battery production could be achieved in the next 5-10 years.
Building a battery supply chain in Europe, North America, and the United States involves considering commercial, political, and legal factors for various stakeholders, including governments, corporates, OEMs, car manufacturers, and investors.
Notable developments in this regard include the US startup Lyten acquiring the Swedish battery manufacturer Northvolt and its assets in Europe, the South Korean battery producer SK On partnering with the US company Flatiron Energy to supply lithium-iron-phosphate battery storage systems in North America, and the Canadian-German company Rock Tech Lithium developing lithium hydroxide converter projects in Ontario, Canada, and Guben, Germany.
The report takes into account the interests of various stakeholders in the United States, including governments, corporates, OEMs, car manufacturers, and investors. However, it does not discuss the action plan to accelerate the development of a robust domestic manufacturing base and supply chain, as it is a new topic.
Despite the anticipated surge in demand, the United States is expected to remain heavily dependent on imports for lithium batteries. The demand for batteries, particularly for renewable energy storage and electric vehicles, is projected to significantly increase in the coming years, making the development of a domestic battery supply chain crucial for reducing emissions and ensuring energy security.
The report is available for access, providing valuable insights for stakeholders looking to contribute to a more sustainable future for EV battery production.
Read also:
- Antitussives: List of Examples, Functions, Adverse Reactions, and Additional Details
- Asthma Diagnosis: Exploring FeNO Tests and Related Treatments
- Unauthorized disclosure of Azure AD Client Secrets: Privacy in the digital realm under threat due to exposure of cloud credentials
- Revitalizing Wisconsin Point Peninsula within the St. Louis River Estuary's Ecosystem Conservation Zone
