Results for: Battery

The Global Battery Alliance (GBA) has successfully completed the largest pre-competitive effort to establish harmonized battery passports, a significant step towards a more transparent and sustainable battery value chain. The initiative involved leading battery cell manufacturers and digital solution providers, collecting data on the provenance and flow of key battery materials, and benchmarking companies against the EU Batteries Regulation’s due diligence requirements. This paves the way for a globally harmonized system of reporting and continuous improvement, ensuring greater transparency and sustainability in the battery industry.

The Global Battery Alliance (GBA) has successfully completed the largest pre-competitive effort to establish harmonized battery passports, marking a significant step towards more transparent and sustainable battery value chains. This initiative involved leading battery cell manufacturers, digital solution providers, and supply chain actors, resulting in a robust system for tracking key materials and evaluating sustainability performance.

Enovix Corporation (ENVX) shares surged Wednesday after the company reported better-than-expected third-quarter results and announced a new development agreement with a leading smartphone OEM. Enovix exceeded revenue and earnings estimates, highlighting progress in its manufacturing and development efforts. This agreement marks a significant step forward for Enovix, demonstrating the growing demand for its innovative silicon anode battery technology in the smartphone market.

Apple, known for its secrecy, reportedly collaborated with Chinese electric vehicle giant BYD in 2017 to develop long-range electric vehicle batteries. This collaboration, revealed by Bloomberg, sheds light on Apple’s ambitions in the automotive sector, even as the company reportedly abandoned its ‘Titan’ car project.

RBC Capital Markets analyst Christopher Dendrinos downgraded Enphase Energy (ENPH) due to concerns about competitive pressures and potential market share loss from Tesla’s Powerwall 3. Dendrinos forecasts slower growth next year than current consensus estimates, citing a potential impact on inverter sales in California. While battery demand remains strong, Dendrinos warns of potential slowdown in growth due to NEM 3 adoption.

Goldman Sachs Research forecasts a significant drop in global battery prices, leading to cost parity between electric vehicles and gasoline-powered cars by 2026. This decline, driven by technological advancements and falling battery metal prices, could trigger a surge in consumer demand for EVs.

Apple’s iOS 18 update brings subtle but significant changes to battery management. Learn about the new charging cable detection feature, the option to increase your charging limit to 95%, and the impact these features have on your device’s battery life.

Scientists have discovered a simple but effective way to extend the lifespan of lithium-ion batteries by 50%, potentially revolutionizing the way these batteries are manufactured. The key lies in manipulating the first charge cycle by optimizing both current and temperature, leading to a more robust protective layer and a longer-lasting battery.

Volkswagen’s PowerCo battery subsidiary has halved the planned capacity of its Salzgitter plant in Germany due to financial pressures and declining demand for electric vehicles. The company will now only build one production line, leading to concerns about job losses and a potential permanent abandonment of the second line.

General Motors is bolstering its software services unit by hiring a veteran from Apple, Tim Twerdahl. This move comes alongside job cuts in the same division and a new partnership with Samsung SDI to build an EV battery plant in the US.