Augusta Precious Metals’ Post

🥈 Solid-State #Batteries: A Game Changer for #Silver #Demand Samsung's new solid-state battery could revolutionize the EV market: 1. 965 km (600 miles) range; 2. Charges in 9 minutes; 3. 20-year lifespan; 4. Requires 32.15 ounces (1 kilo) of silver per battery. With the current number of electric vehicles (#EV) on the road, 67% of the #global silver production would be required to meet #demand. As EV production ramps up, this could create a significant #supply #strain by 2027, impacting silver prices and availability. Chart source: Silver Institute

Samsung's pilot solid-state battery production line is now operational, paving the way for potential mass production by 2027. This milestone aligns with the revised targets of CATL, marking a significant leap in battery technology. The transition to solid-state batteries signifies a new era for vehicle electrification, promising faster charging times (up to 10-minute charge time from 20% to 80%) and enhanced safety through reduced risk of battery fires. Moreover, the technology boasts a remarkable increase in energy density (+500 Wh/ kg vs ~250 Wh/ kg for the mainstream EV batteries), with significant improvement of vehicle dynamics. While these advancements are groundbreaking, the initial production phase up to 2030 may come with high costs, positioning solid-state batteries for use in the premium EV market. #electricvehicles #decarbonization #batterytechnology #sustainability Hani Tohme Mario Sanchez Filippo Ghizzoni Szabolcs Nemes Andrei Berghianu Hussein Khalife Paul Aldescu

Ever-evolving market demands and technology trends impact #EV development, and by extension, requirements for EV power systems. Here are three key trends we’re keeping an eye on at Knowles Precision Devices. https://bit.ly/3z0kMtH

Samsung has unveiled a revolutionary solid-state battery technology at the SNE Battery Day 2024 expo in Seoul, promising a 600-mile driving range, a 9-minute charge time, and a 20-year lifespan. The new batteries, boasting an energy density of 500 Wh/kg—nearly double that of current EV batteries—are set to transform the electric vehicle industry with their enhanced safety, reduced weight, and compact design. Initially, these high-cost batteries will be used in the "super premium" EV market. Samsung SDI has already started delivering pilot production samples to manufacturers, receiving positive feedback. While the new technology holds great potential, broader adoption will be limited by current charging infrastructure and high production costs. Samsung also plans to offer more affordable alternatives, including lithium iron phosphate (LFP) and cobalt-free batteries, aiming for widespread use by 2026. #batterypack #evBattery

Looks like Samsung is going to be a player in the #battery game for a long long time. https://lnkd.in/gqrgK_rH Interesting, what looks like the original #research paper that I could find on Samsung's website was published in March 2020. https://lnkd.in/gq2Un836 How long were they working on that research before it could be published? It just goes to show how long it takes for the really hard #engineering to go from initial conception to #commercialization. You can't move fast and break things for the really hard stuff, huh?

In a recent interview with Moneycontrol, Lars Reger, the Chief Technology Officer of Dutch chipmaker NXP Semiconductors, has attributed the battery unreliability issues faced by Indian electric vehicle (EV) manufacturers to the use of cheap components not optimised for automotive applications. NXP is one of the world's largest providers of automotive chipsets, particularly for battery management systems. Reger explained that many Indian EV makers have been using inexpensive chipsets designed for thermal management in laptops, which are not suitable for the harsh conditions EVs are subjected to, such as monsoon rains, extreme temperatures, and intense sunlight. "What these companies have done is that they have taken cheap solutions from laptops into complicated battery management systems," Reger stated. "My laptop is here in this room. But it never gets monsoon rain, the New Delhi sun, or minus 20 degrees temperature in northern Germany winters. Therefore, do not use consumer electronics in battery management systems." #ev #electricvehicle #cto #semiconductor #news #startupstory

Another set of issues to consider is the grid electric generating capacity globally, the charging infrastructure, or current lack of it, and the availability of copper as a raw material. All areas of concern in my humble opinion.

DID YOU KNOW? . Did you know why Indian EVs face safety risk? NO? . Read out this! Santhosh SamuelNithin JRincy Saj #EV #Electric #greenerfuture #safety #EVfire #BMS #News #Battery #Technews #gogreen #Electricvehicles #apexengineeringsolutions #machineries #EVsafety #specialpurposemachines #mechanicaldesign

🔋⚡ 966km on a single charge, only 9 minutes to full power with 20 Years Lifespan Samsung’s new battery tech is mind-blowing. Want to know more? Samsung has just introduced a game-changing solid-state battery for EVs, providing up to 600 miles of range after just a quick 9-minute charge! 🚗💨 Lighter, smaller, and safer than traditional lithium-ion batteries, this innovation is set to revolutionize the super-premium EV segment. Samsung is also developing more affordable battery options, such as lithium iron phosphate (LFP) and cobalt-free batteries. Samsung is also working on more affordable options, with plans for mass production by 2027. With its impressive range, quick charging, and enhanced safety features, this innovation could positively impact the EV market, making electric vehicles more appealing and practical for a wider audience. Get ready for a greener and more accessible future on the roads! 🌿🌍 --- 🌐 Keen on tech, EVs, motor and AI innovations? Let's connect and explore the future of mobility together. ⚡ Stay tuned, stay electrified ⚡ Disclaimer- I don't intend any copyright (DM me for credit & removal) #ElectricVehicles #Innovation #batterytechnology #EVbattery Source: E-vehicleinfo