Nickel demand is expected to increase over the next decade as EVs go mainstream. Nickel enhances the energy storage at the cathode of the battery, which in turn increases the range of the EV. The auto industry is scrambling to boost the EV range with major investments in research into more energy-intensive batteries.
see photosBritishVolt has a 2-year, multi-million pound deal with the UK Battery Industrialization Center
Electric vehicle (EV) battery startup BritishVolt on Monday said it has signed a deal with a UK government-backed research facility to develop batteries with a higher nickel content and more energy-dense content as it prepares for mass production. is ready. Nickel demand is expected to increase over the next decade as EVs go mainstream. Nickel enhances the energy storage at the cathode of the battery, which in turn increases the range of the EV. The auto industry is scrambling to boost the EV range with major investments in research into more energy-intensive batteries.
BritishVolt said it has entered into a two-year, multimillion-pound agreement with the UK Battery Industrialization Center (UKBIC) to develop, assemble its next generation of sample battery cells for mass production and commercialisation. UKBIC is a government-funded facility created to help the British car industry bring new battery technologies to market.
BritishVolt said on Friday it has secured UK government support for its planned battery plant in northern England, which could benefit from £1.7 billion ($2.31 billion) in private funding. Production at the startup’s 30 gigawatt-hour (GWh) plant in Blyth should begin in 2023. It will be built in three phases and when it reaches peak production in 2027, should be able to produce battery packs for more than 300,000 vehicles annually.
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