Monthly Archives: March 2020

REUTERS: #VW TO START USING HIGH-NICKEL BATTERIES FOR ELECTRIC CAR

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) will raise the amount of nickel used in it electric car battery cells to 80% in the next year from 65% at present, Frank Blome, head of battery cells at the carmaker said on Tuesday. Volkswagen’s current electric car battery cell contains 65% nickel, 15% cobalt and 20% manganese. Next generation batteries will have 80% nickel, 10% cobalt and 10% manganese, Blome told analysts on a call. Volkswagen is … Continue reading

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BILLGATES-LED FUND INVESTS IN MAKING #LITHIUM MINING MORE SUSTAINABLE

Lilac Solutions has developed a process for extracting lithium that drastically cuts water use. Breakthrough Energy Ventures, helmed by Bill Gates, and MIT’s The Engine fund are leading an investment round of $20 million for Lilac Solutions, a U.S. startup aimed at making the extraction of lithium less water-intensive and more sustainable. As the world looks to cut carbon emissions, people are increasingly turning to lithium-ion batteries for solutions such as powering electric vehicles … Continue reading

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