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The electric motors of a battery electric vehicle (BEV) or hybrid electric vehicle are powered by a rechargeable battery known as an electric vehicle battery (EVB, frequently referred to as a traction battery) (HEV).
Electric automobiles are the most typical place where lithium-ion batteries are used. It has long been one of the most well-liked developments in the transportation industry, and it was predicted that market expansion would only accelerate going forward.
These sorts are often used because they provide superior energy densities than other chemistries and cheaper costs per unit of storage when compared to nickel-metal hydride (NiMH) or lead-acid type systems.
The UAE EV Battery Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The first-ever EV and battery logistics hub in the area is now operational in Dubai’s Jebel Ali Free Zone. It was built by DHL Global Forwarding and developed in close collaboration with the EV team of DHL Customer Solutions & Innovation (CSI).
A designated section for EV battery storage is included in the 23,500 square metre warehouse, and it will eventually be enlarged to 2,000 square metres. EV logistics in the area may now be more adaptable and agile thanks to DHL’s EV Team.
DHL’s facility in Dubai was specifically created to handle and store EV material, including batteries, charging equipment, and other hazardous commodities. It is compliant, safe, and expandable.
The Khalifa Industrial Zone Abu Dhabi (KIZAD), a member of the AD Ports Group’s Industrial Cities & Free Zone cluster, and the Australian lithium exploration and development company Lepidico have announced the signing of an agreement to establish the first lithium production facility in the Middle East using a newly developed process.
Lepidico intends to invest in the chemical conversion facility in Abu Dhabi, which will have a 57,000 sq m land area, for a 25-year initial period. L-Max and LOH-Max process technologies for renewable energy will be housed in the facility’s initial phase.
Two small-scale open-pit mines are part of the vertically integrated Phase 1 Project, which will supply a mineral concentrator in Namibia with feed, after which the lepidolite concentrate will be transported via vessel to the facility being built in KIZAD.