Aluminum-Based Battery Market Size, Share, Growth Analysis, By Type(Secondary Batteries and Primary Batteries), By Application(Transportation, and Consumer Electronics), By Region - Industry Forecast 2024-2031

In March 2024, Apple revealed the most recent MacBook Air, including the high-level M3 chip, elevating its prestigious mix of power-efficient performance and conveyability to phenomenal levels. Outfitted with the M3 chip, the new MacBook Air boasts an exceptional 60 percent increase in speed contrasted with the model with the M1 chip, and it is 13 times quicker than the quickest Intel-based MacBook Air. Also, with an improved Neural Engine, the M3 chip ensures quicker and more effective AI processing handling, setting the MacBook Air's position as the main consumer laptop for artificial intelligence.

In December 2023, C4V signed a Memorandum of Understanding (MoU) with Hindalco for EV battery material. As per the agreement, Hindalco will supply as much as 2,000 tons of battery foil to C4V over five years. The MoU likewise frames a key guide including collaboration on materials and joint innovation development, pointed toward meeting the changing requirements of the Indian EV market, as expressed by the organization.

In December 2023, Cronimet Holding GmbH, a German organization working in the reuse of stainless steel and different materials, and CNGR Advanced Material Co. Ltd, a Chinese organization creating battery precursor cathode active materials (pCAM) for lithium-ion batteries, went into an agreement to upgrade Cronimet's reusing limit. This development will occur at Cronimet's new facility, Revomet Bitterfeld GmbH, focused on battery materials and reuse in Bitterfeld, Germany.