Forbes – Charging Up: Battery Storage Investments To Reach $620 Billion By 2040

Forbes – Ariel Cohen – Charging Up: Battery Storage Investments To Reach $620 Billion By 2040 The market for energy storage is rapidly gaining momentum around the world. The growing cost-competitiveness of carbon-free energy sources, coupled with improving technology and more environmentally conscious government policies are driving a demand boom for batteries in both the transportation and […]

Autoblog – Stung by Asian dominance, Germany pours cash into EV battery ventures.

Reporting by Michael Nienaber; additional reporting by Edward Taylor, Ilona Wissenbach, Ludwig Burger and Andrea Shalal. BERLIN — Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters. The measures, expected to be announced next […]