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Lithium-ion Battery Prices Fall Again in 2023, China Leads the World in Battery Pack Manufacturing Costs

With battery prices fluctuating dramatically in 2022, a new study by BloombergNEF reveals that the cost of lithium-ion battery packs fell by 14% in 2023 to a record low of $139 per kWh. The annual battery price survey released by the organization reveals that battery prices fell again in 2023, prese

View More+ Dec.26,2023
Adoption of sodium batteries may impact the development of the lithium industry

Recently, the popularization and application of sodium batteries have gradually come into people's view: Swedish battery maker Northvolt said it has made important breakthroughs in sodium battery production technology, Chinese electric car maker BYD signed a $1.4 billion agreement to produce sod

View More+ Dec.26,2023
International agencies predict that the average price of lithium iron phosphate batteries will fall below $100/kWh by 2025

Bloomberg New Energy Finance, a market research and analysis firm, has said that after the downward trend in lithium-ion battery prices suffered a short-lived reversal, the price of lithium-ion batteries in 2023 fell by 14% compared with 2022.The company released the latest installment of its annual

View More+ Dec.26,2023
The United States developed a new lithium-based solid-state electrolyte material

Researchers at the U.S. National Oak Ridge National Laboratory (ORNL) have developed a new lithium-based solid-state electrolyte material, Li9N2Cl3. The material exhibits excellent lithium compatibility and atmospheric stability, and can be used to fabricate high-area-capacity, long-lasting all-soli

View More+ Dec.26,2023
Lithium-ion battery technology breaks new ground with operating temperatures as low as minus 70 degrees Celsius

How to improve the temperature adaptability of lithium-ion batteries has been the industry's research hot spots and difficulties. Recently, in the 25th China International Hi-Tech Fair, a new type of lithium-ion battery developed by the Shenzhen Institutes of Advanced Technology of the Chinese A

View More+ Dec.26,2023
Inventory of lithium carbonate

Inventory of lithium carbonateThe inventory level of lithium carbonate is influenced by various factors, which directly affect the balance of market supply and demand. The following are some key influencing factors of lithium carbonate inventory levels:Market demand: The market demand in the fields of electric vehicles, energy storage equipment, and renewable energy directly determines the consumption level of lithium carbonate. Strong market demand often leads to manufacturers and end users maintaining low inventory levels.Production capacity: The production capacity and supply capacity of a manufacturer are important factors in inventory levels. The ability of manufacturers to meet market demand and adjust production in a short period of time directly affects changes in inventory.Delay in the industrial chain: Due to the potential involvement of multiple links in the production process of lithium carbonate, such as lithium mining, extraction, and production of lithium carbonate, delays in the industrial chain can have an impact on inventory levels. Industry links with longer production cycles may lead to lagging inventory adjustments.Global market price: The global market price of lit

View More+ Dec.22,2023
Main uses of lithium chloride

Lithium chloride is an important chemical substance with a wide range of applications. The following is a description of. The main uses of lithium chloride1. Preparation of potassium ion batteriesLithium chloride is one of the important raw materials for the preparation of lithium ion batteries. Lit

View More+ Dec.22,2023
What are the synthesis processes for lithium hexafluorophosphate?

Lithium hexafluorophosphate is the most important component of the electrolyte composition, accounting for about 43% of the total cost of the electrolyte. Lithium hexafluorophosphate is an inorganic substance with the chemical formula LiPF6, white crystal or powder. It is easily soluble in water, an

View More+ Dec.22,2023
What is lithium ferrous phosphate?

Lithium ferrous phosphate is a new type of lithium-ion battery electrode material, chemical formula: LiFePO4, lithium ferrous phosphate for the recent development of lithium-ion battery electrode materials, mainly used in power lithium-ion batteries, as a positive active material to use, people are

View More+ Dec.22,2023
Introduction to the differences between solid state batteries and lithium-ion batteries

Currently, electric vehicles and energy storage systems use mostly lithium-ion batteries, and while they have high energy density and fast charging speeds, they have safety and other issues. Therefore, the industry is actively developing solid-state batteries, expecting it to replace the traditional

View More+ Dec.22,2023
What are the commonly used conductive agents for lithium ion batteries?

Commonly used conductive agents for lithium-ion batteries can be divided into traditional conductive agents (e.g., carbon black, conductive graphite, carbon fiber, etc.) and new conductive agents (e.g., carbon nanotubes, graphene and their hybrid conductive pastes, etc.). The conductive agent models

View More+ Dec.22,2023
What are the special properties of lithium fluoride?

An inorganic compound with the chemical formula LiF, lithium fluoride is the lithium salt of hydrofluoric acid. This white solid is a simple ionic compound. It has a structure similar to sodium chloride, but is difficult to dissolve in water. It is mainly used as a component of molten salts. As a ma

View More+ Dec.21,2023
The role of lithium iodide in lithium-oxygen batteries

Lithium-oxygen (Li-O2) batteries have a high theoretical energy density, which means they could be a potential replacement for lithium-ion batteries. However, the charging process of Li-O2 batteries requires higher energy due to the insulating nature of the discharge products. It has been shown that

View More+ Dec.21,2023
Application of lithium iodide trihydrate

Lithium iodide trihydrate is an important basic chemical reagent, which has a wide range of applications in the electrolyte of fuel cells, drug synthesis, catalytic chemistry, photographic industry and so on.1) Application in battery electrolyteThere is a research invented a high-quality, inexpensiv

View More+ Dec.21,2023
The role of lithium hydroxide in batteries

Batteries are an indispensable power source in modern life, and lithium hydroxide is an important part of batteries. Lithium hydroxide is a colorless and transparent crystal with good electrical conductivity and chemical stability, so it is widely used in batteriesLithium hydroxide plays the role of

View More+ Dec.21,2023

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