Blockchain Press Releases
IDTechEx Discusses What the New EU Battery Regulation Means for Cell-To-Pack and Cell-To-Body
BOSTON, July 25, 2023 /PRNewswire/ — The sustainability, design, and recovery of electric vehicle (EV) batteries are set to be overhauled thanks to the approval of the EU’s new regulations governing the battery market. In June 2023, parliament approved new regulations that set out battery requirements, including a ‘Battery Passport’ and recovery of certain materials. In recent years, the EV market has been trending towards greater system integration, with technologies like cell-to-body and cell-to-chassis designs that can be harder to dismantle and/or remove from vehicles. Will this change with the adoption of these new regulations?
The new EU regulations cover the entire life cycle of a battery from the mined materials through to their recycling at end of life. To lessen the impact of initial manufacturing, there are requirements for more recycled content in the batteries but also targets for how much lithium (50% by 2027, 80% by 2031) and cobalt, copper, lead, and nickel (90% by 2027 and 95% by 2031) must be recovered from waste batteries. IDTechEx’s Li-ion Battery Recycling Market research has found that 23.8 million tonnes of Li-ion batteries will be recycled in 2043. Making the battery easy to remove from the vehicle and dismantle into parts could help recyclers in the long term.
Cell-to-pack batteries are designed such that a battery pack is no longer segmented into several modules. Instead, all of the cells are stacked directly together to reduce unnecessary materials and weight, improve energy density, simplify manufacturing, and reduce costs. According to IDTechEx research, the average cell-to-pack battery exhibits a 20% increase in its gravimetric cell-to-pack ratio (how much of the pack’s weight is taken up by the cells). Cell-to-body or cell-to-chassis takes this a step further, making the battery pack a structural component of the vehicles structure, again leading to greater integration and reducing the vehicle’s overall weight. The market has been trending in this direction, with manufacturers like BYD already deploying cell-to-pack systems in large numbers and cell-to-chassis designs becoming more common from the likes of Tesla with its 4680 pack.
Initially, one might expect a cell-to-pack design to be easier to dismantle to the cell level, given that there are less overall parts in the pack. However, cell-to-pack designs typically make much greater use of structural adhesives or encapsulating foams that can often make dismantling a pack very difficult, and the standard approach in the event of a fault would be to replace the battery pack entirely. If the adhesives or encapsulants used can be dissolved with a solvent without damaging the cells too much, then this could make recycling much simpler and be a viable differentiation point for material suppliers. With cell-to-chassis, removal of the pack from the vehicle can become a more arduous task, making a recycler’s job much more difficult.
Critically for battery designers, the EU regulations do not state anything about the internal structure of the battery pack (module structure, cell separators, adhesives, etc.). One method of recycling is to crush/grind the battery. This is then sieved to separate larger from smaller particles, with the latter containing the valuable electrode materials. The black mass is then further processed using hydrometallurgy to recover the lithium, cobalt, nickel, etc., in the form of battery-grade metal salts. Ideally, this process would start with just the cells so that the resulting black mass has a higher % of the critical metals. Some have placed entire modules into the grinder; one could also process an entire pack, in which case, the design of the battery means little at end of life, and the designer could take the short-term benefits of a lower cost and easier-to-manufacture battery pack. However, this will make the later stages of extraction more difficult.
In addition to recycling, there is also the opportunity for EV batteries to be used in second-life applications, for example, as stationary energy storage. IDTechEx’s report on second-life EV batteries has found that its market will reach US$7 billion by 2033. This bypasses the need in the short term to recycle a battery, and most second-life battery players are currently opting to integrate batteries at pack-level to avoid complex and timely disassembly to cell-level procedures. There would still be a requirement to remove the pack from the vehicle. If the pack forms a structural part of the vehicle, then this would increase disassembly times, making second-life repurposing a more expensive process. However, if a remanufacturer were to hypothetically disassemble to cell-level to make use of the best-performing cells in their second-life battery, a cell-to-pack design (which is not cell-to-chassis) could decrease disassembly times and reduce remanufacturing costs, at the benefit of a better performing second-life system.
In summary, it is unlikely that cell-to-pack designs are going away. If anything, the trend of greater vehicle integration will likely continue, thanks to the reduced manufacturing costs and higher energy density. EV battery packs are generally lasting longer than many initially expected, but in the future, once more EV packs start to hit end of life, the difficulty and effort of recycling large quantities of highly integrated battery packs may become apparent, and designers may have to consider this more carefully for the future, especially as the targets for recovery of critical materials become more stringent.
IDTechEx has investigated the impact of cell-to-pack/cell-to-chassis on various materials used in the battery, including fire protection materials and thermal interface materials. IDTechEx’s report, “Materials for Electric Vehicle Battery Cells and Packs 2023-2033“, covers the deployed and announced cell-to-pack and cell-to-body designs, along with how this will impact the intensity of various materials and components, including steel, aluminum, copper, composites, thermal interface materials, fire protection materials, electrical insulation, cold plates, and coolant hoses. The report also goes into depth on the materials used with the cells, such as lithium, cobalt, nickel, manganese, electrolyte, iron, phosphorous, binders, casings, carbon black, silicon, and separators. These materials are discussed with demand forecasts from 2023-2033.
About IDTechEx
IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact [email protected] or visit www.IDTechEx.com.
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Media Contact:
Lucy Rogers
Sales and Marketing Administrator
[email protected]
+44(0)1223 812300
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Blockchain Press Releases
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:
On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.
Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.
If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:
Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423
[email protected]
[email protected]
Blockchain Press Releases
Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
DUBAI, UAE, Jan. 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been recognized as the second most popular cryptocurrency exchange globally, according to the latest report from CryptoQuant. The “2024 Crypto Survey: Exchange Use and Investor Behavior” underscores Bybit’s unmatched appeal to professional traders, commitment to security, and innovative offerings that cater to a diverse, global user base.
Bybit’s platform has become a hub for full-time traders, with 52% of surveyed users identifying as professionals—outperforming rivals OKX (38%) and Binance (37%). This success is supported by initiatives like the Bybit Broker Program, which has onboarded over 700 new clients in 2024, raising the total to 1,500 institutional clients. Additionally, Bybit’s Unified Trading Account (UTA) simplifies trading by centralizing spot, futures, and options activities in one seamless interface. Supporting over 70 cryptocurrencies as collateral, this system empowers traders to maximize their capital efficiency by using unrealized profits as margin across various products. UTA’s role in managing 99% of the platform’s trading volume showcases its importance to Bybit’s ecosystem.
Furthermore, Bybit’s integration of MetaTrader 5 allows users to diversify into traditional markets, such as Gold and FX, using USDT, marking another step forward in meeting the needs of professional traders.
Bybit’s global popularity spans regions including Africa, South America, the Middle East, Asia, Europe, and Oceania, where it maintains a dominant presence. Even as the exchange strategically exits certain jurisdictions to comply with regulatory requirements, Bybit’s adherence to a compliance-first approach ensures sustainable growth in markets with clear regulatory frameworks. This adaptability has strengthened Bybit’s position as a trusted and reliable global platform.
The report also acknowledges Bybit’s excellence in security, customer service, and P2P trading, where it ranks as the third-best exchange globally. These accolades reflect Bybit’s dedication to delivering a secure, user-focused experience that builds trust and loyalty within its growing community.
Joan Han, Sales & Marketing Director at Bybit, shared:
“This achievement reflects our team’s unwavering dedication and commitment to delivering a world-class trading experience. We actively listen to our clients’ requests and continuously improve our tools to ensure a smoother trading journey. Our ability to adapt and thrive in diverse markets speaks to the strength of our vision and our focus on fostering a secure, accessible, and professional crypto ecosystem. As we continue to innovate and grow, we remain dedicated to empowering traders worldwide with the tools and trust they need to succeed.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Golfin to Showcase Web3 Innovation at ‘Web3 Hub Davos 2025’
TOKYO, Jan. 17, 2025 /PRNewswire/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies across industries. Golfin is set to showcase how Web3 technology is reshaping the future of golf.
Golfin’s Key Highlights at Web3 Hub Davos 2025:
- Exclusive Presentation: Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025, from 17:53 to 18:03 local time.
- Innovative Technology Integration: Golfin’s combination of NFTs and GPS technology allows players to create a seamless link between real-world and digital golf experiences.
- Industry Impact: Golfin aims to modernize the golf industry while addressing global economic disparities by building ecosystem that merges sports, entertainment, and blockchain technology
- Global Partnerships: Golfin has formed strategic partnerships with leading organizations, including the ZOZO Championship and Seibu Group, to expand its reach and integrate real-world golf experiences with digital rewards.
Golfin’s Approach to Web3 Golf:
Enhancing Golf Through Innovation: Golfin revolutionizes the golf experience by allowing players to earn points through real-world gameplay on verified golf courses. These points can be used to enhance their digital gameplay, creating a seamless connection between physical activity and in-game progression. Additionally, players can collect exclusive in-game items and trade NFTs, adding value and depth to both their golfing and gaming experiences.
Vision for the Future:
Golfin is committed to transforming the traditional golf industry by integrating Web3 technology to create a more immersive and accessible golfing experience. By fostering strategic partnerships and engaging global decision-makers, Golfin plans to expand its ecosystem and drive innovation in both the sports and blockchain sectors.
About Golfin GPS: The Golfin GPS app connects real golf with digital gameplay. Players earn points while playing at certified golf courses.
For More Information: golfin.io & web3hubdavos.com .
Join the Movement: Stay updated and join Golfin’s Web3 revolution by visiting the official website or following on Twitter (JP), Twitter (Global), Discord, Instagram, & Linktree.
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View original content:https://www.prnewswire.co.uk/news-releases/golfin-to-showcase-web3-innovation-at-web3-hub-davos-2025-302354177.html
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