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2023-11-16

China Discovers Unique Battery Material

Guy Youngs
Guy Youngs

A newly discovered ore containing vast quantities of an element widely used in semiconductors has been found in China. The discovery could propel new advances in battery technology.

Geologists have found the rare earth metal niobium inside the new ore named niobobaotite from north China’s Inner Mongolia. The rare earth metal is widely used in alloys for jet engines and rockets and has also been shown to have exceptional current conducting properties in low temperatures.

Researchers have said batteries made from niobium have several advantages over traditional lithium-ion batteries. The Brazilian Metallurgy and Mining Company (CBMM) has been working on new projects towards the use of niobium to make advanced lithium-ion batteries.

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PowerTALK™, January 2024

BYD, the Chinese auto manufacturer, is making expansion moves in Brazil, Deutz plans to sell electric marine motor manufacturer Torqeedo to Yamaha and GM and Komatsu are developing hydrogen fuel cells for mining trucks. Read these articles and more in the January issue of PowerTALK News.

PSR-PowerTALK_Jan2024.FDownload
IN THIS ISSUE

ALTERNATIVE POWER REPORT

  • GM, Komatsu Plan Hydrogen Fuel Cells for EV Mining Truc
  • · Drivers of Heavy, Dirty Cars Pay Stiff Penalty Tax in Franc
  • · Survey: EV Range Anxiety Slips in Importance
  • · Cathode Material for Cheaper, More Sustainable EVs Developed

NORTH AMERICA: Consumers, Professionals Boost Lawn & Garden Spending
EUROPE:

  • · Electric Hydro Foiling Popular in Maritime Industry
  • · Deutz AG To Sell Torqeedo Shares To Yamaha

DATAPOINT: NA Dumpers/Tenders
BRAZIL/SOUTH AMERICA:

  • · BYD Seeks To Acquire Lithium Mining Operation in Brazil
  • · BYD Plans Supply Chain Verticalization in Brazil

JAPAN: 2023 Domestic MC Shipments Increase 4%
SOUTH KOREA: Hyundai Motor Sells Chongqing Plant in China
THAILAND: Lithium Deposit World’s Third Largest
CHINA: Recharging Slows Penetration of New Energy HD Trucks
INDIA: Ford’s Potential Return to India

2024-04-17

VW To Inject €2.5 billion into Hefei Base

CHINA REPORT
Jack Hao
Jack Hao

Facing intense competition in China’s new energy vehicle market, Volkswagen has decided to increase investment in its Hefei base. On April 11, Volkswagen announced an additional investment of €2.5 billion in its production and innovation center in Hefei to further strengthen its local R&D capabilities.

It has been reported that this investment will also be used to accelerate the development and production of two Volkswagen brand smart electric vehicle models co-developed with Xiaopeng Motors. Volkswagen revealed that the first model, a mid-size SUV, is planned to enter production in 2026.

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