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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). This marks a 6% drop from $140/kWh in 2020. On a regional basis, battery pack prices were cheapest in China, at $111/kWh.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Despite the trend toward transportation electrification, the lithium industry has had a rough few years. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

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Northvolt assembles first lithium-ion battery cell at Swedish gigafactory

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Northvolt has assembled the first battery cell at the newly commissioned Ett gigafactory in northern Sweden. The cell is the first to have been fully designed, developed and assembled at a gigafactory by a homegrown European battery company.

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3D solid-state battery startup LionVolt closes €4M seed round

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European 3D solid-state battery start-up LionVolt successfully closed a seed round of €4 million, bringing its total funding this year to more than €5 million. LionVolt spun off last year from TNO at Holst Centre, building on six years of research and development of its innovative battery design. 3D solid-state battery (3DSSB).

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NIO Power completes more than 500,000 EV battery swaps

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As of 26 May 2020, NIO Power has completed more than 500,000 EV battery swaps in China, becoming one of NIO’s most well-received power services. Power Swap is at the core of NIO’s “chargeable, swappable, upgradable” user experience, alongside a comprehensive battery and vehicle e-powertrain inspection.

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Benchmark: China’s cathode industry expansion surges to meet battery demand

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Following a series of major expansion announcements in 2021, China’s cathode industry is moving closer to having its first producer with a capacity of one million tonnes per annum (tpa), according to Benchmark Mineral Intelligence.

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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. Niobium and batteries. Niobium consumption has increased at a 5.0% Griffith et al.

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