Investor Concepts – The
International Quest for Higher #Batteries (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA)
(NASDAQ: $RIVN) (NYSE: $F) (NYSE: $GM) (NASDAQ: $LCID) @neo_battery @Tesla
@Rivian @Ford @GM @LucidMotors
Who has the Holy
Grail?
September
7, 2023 – Investorideas.com, a
main investor information useful resource protecting EV and battery shares releases a
particular information report on the worldwide drive for battery innovation, that includes Toronto-based
NEO Battery Supplies Ltd. (TSXV:NBM) (OTC:NBMFF), a
low-cost silicon anode supplies developer that allows longer-running,
rapid-charging lithium-ion batteries.
Learn this text,
that includes NMB in full at https://www.investorideas.com/information/2023/renewable-energy/09071Global-Quest-for-Higher-Batteries.asp
In accordance
to Reportlinker.com “The
worldwide demand for batteries is on the rise, primarily propelled by the
urgency to fight local weather change by way of mobility electrification and vitality
transition.
In
addition, vital development in client electronics, similar to wearables and
Bluetooth earphones, will additional propel the Lithium-ion (Li-ion) battery
supplies market.”
“Lithium-ion
batteries dominate the vitality storage panorama for cellular digital units
and electromobility.”
“Nevertheless,
the market strives for enchancment in a number of points: Price-effectiveness,
security, longevity, vitality density, and recyclability.”
Focusing
on price and effectivity, NEO Battery
Supplies Ltd. (TSXV:
NBM)
(OTC:
NBMFF), introduced it
acquired the primary buy order (“P.O.”) for 0.4 metric tonnes (400
kilograms) of NEO’s proprietary silicon anode supplies, NBMSiDE®, by an Asian
chemical materials firm (the “Buyer”) beneath NDA.
From the information: By means of
NEO’s South Korean subsidiary, NBM Korea Co., an preliminary quantity P.O. was positioned
for the Buyer’s objective of mixing NBMSiDE® merchandise with the Buyer’s
battery supplies to develop composite anodes for commercial-level lithium-ion
battery use. Because of the massive quantity order that exceeds the gratuitous pattern
restrict, the transaction was acknowledged as a purchase order order, and NEO plans to
provide over a one (1) 12 months timeline, delivering steadily optimized samples.
Mr.
Spencer Huh, President & CEO of NEO commented, “We’re excited to increase
our relationship with the chemical materials firm to take one other step
in the direction of collaborative commercialization. The unnamed Buyer will check
NBMSiDE® inside their supplies and system to current their merchandise to
a number of world battery cell producers & EV automakers they’ve been
cooperating on a long-term foundation. Optimistic efficiency developments are opening
and driving new alternatives for superior agreements repeatedly, and we
count on to safe further bulk pattern P.O.s for big quantity testing.”
In
latest earlier information discussing development of their expertise, the Firm introduced
the
newest optimized batch of NEO’s proprietary silicon anode supplies, NBMSiDE®,
has been despatched to battery producers and EV automakers for efficiency
analysis.
From the information: As introduced on
August 16, 2023, additional improved formulations with uniform coatings and components
have enabled an over 70% cycle life enhancement in comparison with the earlier
evaluated batch. NEO Battery has continued pattern supply with a number of
firms within the EV battery provide chain, present process over 20 lively materials
evaluations thus far. The newest supply marks the 4th pattern despatched to a worldwide
battery producer with preliminary pattern assessments with North American-based LFP
(Lithium Iron Phosphate) battery producers.
Seeking to business chief Tesla (NASDAQ: TSLA) for enhancements in battery expertise, Whichcar.com reported just lately that “Chinese language battery producer ,Up to date
Amperex Know-how Co. Restricted (CATL) has introduced a brand new
lithium-iron-phosphate (LFP) battery pack and it’ll possible be featured on the
2024 Tesla Mannequin 3 replace.”
Continued: “The
new ‘Shenxing’ LFP battery is able to ‘4C superfast charging’ to ship 400
kilometres of driving vary in 10 minutes on a suitable station, with extra
than 700km claimed vary on a full cost.”
Continued: “In contrast
to conventional lithium-ion packs, LFP cathodes sometimes cost slower and are
extra delicate to decrease temperatures however last more and are thermally safer.“
Reporting
on developments with Rivian Automotive, Inc. (NASDAQ: RIVN), Autoblog reported this week, “Rivian says it has a brand new vary
champ within the lineup. The corporate posted on its web site that the dual-motor R1T
pickup with the 180-kWh Max battery pack and 21-inch wheels is EPA-rated to go
an estimated 410 miles on a cost. The EPA’s comparability web site does not listing any
2024 Rivians but, and the federal government company hasn’t posted information on the Max pack
in any respect, so that is Rivian getting a public soar on what we must always count on.
Assuming this involves move, it exceeds the automaker’s early estimate that the
Max battery could be good for a 400-mile run. The vary places the Rivian, the
2024 Chevrolet Silverado EV, and Tesla Cybertruck within the 400+ Miles of
Introduced Vary membership for pickups, the 2024 GMC Hummer EV 3X not far behind at
381 miles.“
Shifting
ahead with its electrification mannequin, in mid- August, Ford Motor Firm (NYSE: F) and
EcoProBM introduced an
funding of C$1.2 billion to construct a cathode manufacturing facility that can
present supplies that in the end provide batteries for Ford’s future electrical
autos.
From the Information: As soon as
manufacturing begins within the first half of 2026, the location could have the capability to
produce as much as 45,000 tonnes of CAM per 12 months.This new facility, Ford’s first
funding in Québec, is a part of the
automaker’s plan to localize key battery uncooked materials processing in areas
the place it produces EVs.
From the Information: “Ford
has been serving clients in Canada for 119 years, longer than another
automaker, and we’re excited to speculate on this new facility to create a
vertically built-in, closed-loop battery manufacturing provide chain in North
America designed to assist make electrical autos extra accessible for hundreds of thousands of
individuals over time,” stated Bev Goodman, President and CEO, Ford of Canada.
From the Information: “We’re
excited for the chance for our first-ever funding in Québec with a brand new
facility that can assist form the EV ecosystem there.”
From the Information: EcoPro
CAM Canada LP will manufacture cathode lively supplies and, extra exactly,
top quality Nickel Cobalt Manganese (NCM) for rechargeable batteries which can be
concentrating on higher efficiency ranges and improved EV vary in comparison with present
merchandise, thanks partially to EcoPro’s core shell gradient (CSG) expertise.
Common
Motors (NYSE:
GM)
just lately introduced it’s
betting on innovation for the long run and is main a $60 million Sequence B
financing spherical in Mitra Chem, a Silicon Valley-based, AI-enabled battery
supplies innovator. The corporate’s AI-powered platform and superior analysis
and improvement facility in Mountain View, California, will assist speed up
GM’s commercialization of reasonably priced electrical car batteries.
From the information: GM and
Mitra Chem will develop superior iron-based cathode lively supplies (CAM),
like lithium manganese iron phosphate (LMFP), to energy reasonably priced and
accessible EV batteries suitable with GM’s EV propulsion structure, the Ultium
Platform. GM’s funding will assist Mitra Chem to scale its present operations and
to expedite their novel battery supplies formulation to market.
From the information: “This
is a strategic funding that can additional assist reinforce GM’s efforts in EV
batteries, speed up our work on reasonably priced battery chemistries like LMFP and
help our efforts to construct a U.S.-focused battery provide chain,” stated Gil
Golan, GM Vice President, Know-how Acceleration and Commercialization. “GM is
accelerating bigger investments in vital subdomains of battery expertise,
like cell chemistry, parts and superior cell manufacturing processes. Mitra
Chem’s labs, strategies and expertise will match properly with our personal R&D group’s
work.”
Stating
its famend battery expertise, Lucid Group, Inc. (NASDAQ:LCID) introduced earlier
this 12 months that it entered right into a definitive settlement to ascertain a long-term
strategic expertise partnership with Aston Martin to speed up the enduring
British model’s high-performance electrification technique and long-term development.
From the information: Lucid
was chosen by Aston Martin by way of a aggressive course of and can present
superior electrical powertrain applied sciences, together with its ultra-high efficiency
twin motor drive unit, famend battery expertise, and revolutionary
Wunderbox. The dual motor rear drive unit’s prodigious energy combines with
torque vectoring to increase the capabilities of the automotive past that achievable
with a passive all-wheel-drive system. These technically progressive electrical
motors incorporate Lucid’s microjet stator cooling and wave winding, new warmth
exchanger expertise and heightened coolant stream price, in addition to an
accompanying battery system that’s likewise upgraded for greater energy and extra
exact thermal logic.
With
vital funding coming from governments and large automakers, the race for
battery innovation for the way forward for electrification of our planet will solely
choose up velocity. With numbers projected by analysis corporations displaying the EV battery market is projected to
obtain a market dimension of USD 194.8 Billion by 2032 rising at a CAGR of 16.9%
from 2023 to 2032, it’s a race value expecting traders.
Buyers
can analysis EV and battery shares at Investorideas.com free inventory listing
https://www.investorideas.com/Firms/RenewableEnergy/Stock_List.asp
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