Phinergy, an aluminum/air battery maker from Israel, is now partnering with Indian Oil Corporation. Phinergy’s technology just received an award from the World Economic Forum as one of the 100 most promising Technology Pioneers for 2021. Phinergy was chosen for, “Its innovative energy solutions which turn metals, such as aluminum and zinc, into a clean, sustainable and cost-effective means of storing, transporting and generating energy.” Why would Indian Oil Corp. (biggest oil outfit in the country) be attracted to Phinergy and its aluminum/air batteries? Company R&D Director S.S.V. Ramakumar explains, “Lithium is scarce in the country and we started scouting for an element which is abundantly available as a natural resource.” Unspoken, the idea that India has one of the most polluted airsheds in the world, means increasing pressure on Big Oil to redeem itself. Reuters reports, “India was home to 35 of the world’s 50 most polluted cities, according to IQAir’s 2020 World Air Quality Report, which gathered data …
Fisker’s Plans for Cars and Patents for Solid-State Batteries
Is there a Fisker battery in the future of electric vehicles? The latest proclamations from Henrik Fisker indicate he is ready to launch a lovely four-seat car for CES 2018, and that it will have LG Chem batteries capable of powering the vehicle for 400 miles. Charging the batteries for nine minutes will add 125 miles range. That’s definitely competitive, but Fisker promises more for a future EMotion supercar. Fisker claims that machine will have newly-patented solid-state batteries that charge in a minute, have 2.5 times the energy density of currently available lithium batteries, and will be far cheaper to manufacture than today’s cells. That’s in 2023, five years out. Five Years Out “Five years out” has been the refrain for hydrogen-powered cars for perhaps five decades, and is a useful predictive metric for innovators seeking investors, who will wait patiently (theoretically) for a return on investment. Your editor rushed to see a prototype Fisker on display about a decade ago. …
Battery Prices and Lithium Futures
EV World has a weekly email update to which your editor subscribes. Because they provide a collection of articles and opinions from different sources, one often comes away questioning trends and even facts – or sometimes the meaning of it all. This week, an article referenced from Green Car Reports says that EV batteries may already have fallen to $250 per kilowatt hour. This would be a godsend for sales of battery-powered cars, because sticker prices would drop sharply. The article quotes Wolfgang Bernhart, a partner at Rolan Berger Strategy Consultants, that battery prices are already much lower than previous predictions would have indicated, possibly as low as $250 per kilowatt hour. His analysis credited economies of scale for this drop, which is based on 2015 demand. This paradoxical approach notes that battery manufacturers must begin planning production now for 2015 EVs, with prices quoted to those manufacturers based on that future demand. Such prices would be an optimistic five …