Brookfield and the Caisse buy automotive battery business from Johnson Controls for $13 billion

Johnson Controls’ Power Solutions business produces batteries for global automakers and retailers for use in nearly all types of vehicles, including hybrid and electrical models.Daniel Acker/Bloomberg

Batteries are used in about a third of cars globally MONTREAL — Brookfield Business Partners LP and the Caisse de depot et placement du Quebec, together with a group of institutional partners, have signed a deal to buy Johnson Controls’ power solutions business for US$13.2 billion in one of the […]

The Battery Boom Will Draw $1.2 Trillion in Investment by 2040

Employees work on the roof of an electric bus at the BYD Coach and Bus factory in Lancaster, California. Photographer: Patrick T. Fallon/Bloomberg

By Brian Eckhouse – Bloomberg.com The battery boom is coming to China, California and basically everywhere else—and it will be even bigger than previously thought. The global energy-storage market will surge to a cumulative 942 gigawatts by 2040, according to a new forecast from Bloomberg NEF published Tuesday, and that growth will necessitate $1.2 […]

The Shortest Distance Between the Mineral and the Battery

October 2, 2018 – Eric Vengroff, Financial Analyst, Graphite Daily Notwithstanding the cancellation of the rebates for electric vehicles in Ontario, Canada, and the very public trials and tribulations of Tesla and its colorful CEO growth in sales of electric and hybrid electric vehicles is likely here to stay. As the […]

The World Bank Just Placed a $1 Billion Bet on Batteries

 By LUCAS LAURSEN – FORTUNE.COM September 27, 2018 The World Bank will offer loans up to $1 billion and seek partners for an additional $4 billion to finance batteries in the developing world, it announced Wednesday at the United Nations General Assembly. The bank aims to finance 17.5 gigawatt-hours of battery storage capacity […]

Auto Industry Braces for Electric Shock

By Morgan Stanley – morganstanley.com By 2050, there may be one billion electric vehicles on the road worldwide, bringing opportunities—and challenges—for automakers and the supply chain. With advances in technology and growing consumer acceptance, the automobile industry’s electric-powered future is in sight. But what are the business implications for manufacturers as […]

How Big Will the Battery Boom Get? Try $548 Billion, BNEF Says

By Mark Chediak  – https://www.bloomberg.com/ Batteries will attract $548 billion in investments by 2050 as costs fall and homes and businesses push to use more clean energy. That’s one of the conclusions of the New Energy Outlook released Tuesday by analysts at Bloomberg New Energy Finance. Batteries will become increasingly viable on […]

Graphite is the largest mineral component in lithium-ion batteries

Download the Full Report ⇒ ‍The History of Vein Graphite Vein graphite is known under various names including crystalline vein, Plumbago, Sri Lankan graphite, and Ceylon graphite. The name “Sri Lankan” and “Ceylon” are commonly used for vein graphite since the island nation of Sri Lanka (formally Ceylon) is the […]

Alternatives to Cobalt, The Blood Diamond of Batteries

BY ELLEN AIRHART – Wired.com WHEN JOHN GOODENOUGH created the first lithium-ion rechargeable battery at Oxford in 1980, he needed some cobalt. Experiments had already established that the metal is energy-dense, perfect for small batteries that need a lot of power.1 So Goodenough made the cobalt himself, heating the precursors at very high temperatures. […]

Capital Ideas Talks to Ceylon Graphite

Capital Ideas Media publisher Mark Bunting talks to Ceylon Graphite’s, Bharat Parashar, about the company’s ambitious plans to mine graphite in Sri Lanka, where the mineral is plentiful. Recent News Ceylon Graphite Completes $2million Non-Brokered Private Placement led by Strategic Investment from Mr. Sasha Jacob MAY 23, 2018 Ceylon Graphite […]

Types of Graphite: Amorphous, Flake and Vein

BY Amanda Kay – June 13th, 2018 The graphite space can be tough for investors to navigate. Getting a grasp on it involves knowing a little about the different types of graphite. Graphite has a layered, planar structure with carbon atoms arranged in a honeycomb lattice. It’s because of this […]

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