Stora Enso – In the future, car batteries can be made from trees and here’s why European EV and battery manufacturers should pay attention – Marketscreener.com | CarTailz

Graphite is the dominant anode material used in lithium-ion batteries.

In fact, almost 30% of a lithium-ion battery is made of this material. However, as demand increases, material availability becomes actual. What if European EV and battery manufacturers could say their anode was made out of a tree?

The Challenge: Demand for anode components for electric vehicle batteries is expected to exceed supply

As major economies move away from fossil fuels and adopt electric mobility policies, the electric vehicle market is booming. This means that the demand for batteries and battery materials will increase significantly in the coming years. Today, graphite is the dominant anode material used in lithium-ion batteries. According to that World BankGraphite accounts for almost 54% of the mineral requirement in batteries.

In the future, the availability of materials could drop drastically as political interventions over climate change concerns further fuel the electrification trend, he says Otto KiwiSenior Business Development Specialist for Battery Materials Stora Enso.

Accounting for 4% of EU GDP, the automotive sector is important to the EU economy. However, the big electric vehicle market is in these days China, where the raw material is also produced: Currently, the global manufacturing of EV batteries is a crucial part of the EV value chain. Up to 95% of the anode materials are produced in Chinabut the growing demand requires that we find a European solution, says Kivi.

The solution: Stora Enso’s Lignode: a battery material made from trees

Lignode is a material that replaces synthetic graphite with lignin, a by-product of cellulosic fiber production and one of the largest renewable sources of carbon. Lignin-based carbon can be used in batteries typically used in consumer electronics and the automotive industry, as well as in large energy storage systems. Lignin hard carbon is qualitatively comparable to other non-graphitic carbon anode materials.

For the automotive industry, investing in this fossil-free and renewable alternative could represent a significant marketing advantage and a viable response to emerging environmental policies driven by climate change and the need for green energy.

The advantages: faster charging rates, European supply chain, sustainable, fossil-free origin

With the increasing spread of electric vehicles, the need for charging infrastructure is increasing. A clear advantage is that the structure of Lignode allows the battery to be charged and discharged faster than with graphite carbon.

Faster charging rates reduce the need for charging infrastructure and enable solutions for smaller batteries per car. Currently, a lignin-based anode is the cheapest way to increase charge rates, Kivi explains.

After all, the raw material is extremely sustainable, helps to achieve environmental goals set by politics and offers a significant marketing advantage. New trees grow back and the material comes from a certified responsible forest management supplier:

We use FSC and PEFC certified lignin to produce Lignode. We can proudly say that we use one of the few raw materials in the battery industry that has a certificate of origin, emphasizes Kivi.

Leaders get a marketing benefit

To serve the fast-growing anode materials market, Stora Enso is currently exploring strategic partnerships to drive self-sufficiency in the European battery supply chain.

If you believe that sustainable anode materials are produced in Europe are an opportunity you would like to invest in, make sure you reach out to us so we can explore our options together, Kivi concludes.

part of the global bioeconomy, Stora Enso is a leading provider of renewable products in the fields of packaging, biomaterials, wood construction and paper and one of the largest private forest owners in the world. We believe that anything made from fossil materials today can be made from a tree tomorrow. Stora Enso has around 22,000 employees and our turnover in 2021 was 10.2 billion euros. Stora Enso Shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the United States of America as an ADR.

Contact:

Phone: +358 2046 111

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