Battery boom: The future of cars rests with firms that predate the Model T

It took more than 7 years for automakers to sell 4 million passenger electric vehicles. It will take about six months to sell the next million.

That surging demand is transforming the lithium-ion battery business, with more power packs expected to be installed in EVs this year than in consumer electronics, according to Bloomberg NEF. China, where subsidy-toting drivers own a third of the world’s passenger EVs, is doing the most to fuel the boom.

 

European Metals Holdings Limited (LON:EMH) are an Australian and UK listed mineral exploration and development companyadvancing the Cinovec Lithium / Tin Project in Czech Republic.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    European Metals Holdings Ltd

    More articles like this

    European Metals Holdings Ltd

    Lithium-ion batteries rising as new pillar of Korea’s exports

    Amid concerns about an anticipated slowdown in South Korea’s semiconductor exports this year, lithium-ion batteries for electric vehicles are emerging as a new pillar that will prop up the export-driven economy, said industry officials Monday. According

    European Metals Holdings Ltd

    Lithium-ion battery usage on the rise

    The demand for lithium-ion batteries continues to increase, driven by the growth in hybrid and electric vehicle (xEV) production and the use of lithium-ion batteries in energy storage systems (ESS), according to a report by metals,

    European Metals Holdings Ltd

    Premier Inn unveils UK’s first battery powered hotel

    The UK’s first battery-powered hotel is now operational in Scotland. The Gyle Premier Inn in Edinburgh is trialling a new 100kW lithium-ion battery supplied and installed by E.ON at its 200-room site in a bid to

    European Metals Holdings Ltd

    Electric vehicle manufacturing in China drives metal demand

    As the world’s largest country by population and second-largest economy, China is embarking on a dedicated effort to become a leader in the emerging electric vehicle market. Hundreds of manufacturing firms in China seek to take

    European Metals Holdings Ltd

    Big on batteries: government finally seizes on lithium-ion potential

    The federal government wants to seize a “once-in-a-generation opportunity” to position Australia as a world leader in the rapidly developing lithium-ion battery manufacturing sector. Releasing a new strategy document from Austrade on Tuesday, the investment minister,

    European Metals Holdings Ltd

    What really powers your smartphone and electric car

    The rechargeable lithium-ion battery helps define our era. It powers our smartphones and electric cars, and promises a future where we’re better able to store renewable energy. It also requires lithium and cobalt, minerals that some of the

    European Metals Holdings Ltd

    Companies line up plans for lithium-ion batteries production

    Over a dozen companies ranging from auto component manufacturers to power and energy solutions providers including ExideNSE -0.97 %, Exicom, Amaron, Greenfuel Energy Solutions, Trontek, Coslight India, Napino Auto & Electronics, Amara Raja BatteriesNSE -0.84 %,

    European Metals Holdings Ltd

    China: EVs to boost lithium-ion battery market

    It is anticipated that the Chinese lithium-ion battery market size will increase at a positive double digit CAGR during the period 2017-2022. The demand for lithium-ion batteries in China is expected to grow at a rapid