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recall","total-recall","article/total-recall",{"_uid":557,"date":558,"tags":559,"editor":560,"content":570,"excerpt":691,"featured":50,"reporter":692,"_editable":696,"component":697,"seo_title":553,"categories":698,"visibility":705,"author_company":49,"featured_image":706,"seo_description":691,"author_full_name":49,"author_job_title":49,"formattedDate":711,"formattedArticleDate":712},"4e9a0ca5-45f5-420a-b772-c06f5997d801","2018-06-07 00:00",[],[561],{"slug":562,"name":563,"content":564},"didi-bostock","Didi Bostock",{"job_title":565,"image":566,"bio":568,"linkedin":569},"Editor - Energy Transition & Economics",{"filename":567},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":571,"content":572},"doc",[573,580,585,590,595,598,603,606,611,616,621,628,633,638,643,648,653,658,663,668,673,676,681,686],{"type":574,"attrs":575,"content":576},"paragraph",{"textAlign":49},[577],{"text":578,"type":579},"French oil producer sees energy storage as the missing link as it doubles down on solid state technology with its second foray into the battery supply chain","text",{"type":574,"attrs":581,"content":582},{"textAlign":49},[583],{"text":584,"type":579},"Total SA, the French oil producer, has bolstered its foothold in the lithium ion battery industry by purchasing a stake in Ionic Materials, a developer of next generation solid state battery materials.",{"type":574,"attrs":586,"content":587},{"textAlign":49},[588],{"text":589,"type":579},"Ionic Materials is based in Woburn, Massachusetts, US, and has been developing a new solid polymer technology – the key ingredient for the solid-state design – and intends to sell this material to battery producers. Solid state batteries are widely seen as the heir to lithium ion’s throne with the promise to increase energy density by 3-4 times while drastically reducing charging times.",{"type":574,"attrs":591,"content":592},{"textAlign":49},[593],{"text":594,"type":579},"These improvements are gained through the elimination of a liquid electrolyte and through a change in anode to, in most cases, lithium metal. The technology has been publicly backed by Volkswagen Group as it and other auto majors become more and more desperate for a quicker fix to the problems posed by electric vehicle (EV) range and charging.",{"type":574,"attrs":596,"content":597},{"textAlign":49},[],{"type":574,"attrs":599,"content":600},{"textAlign":49},[601],{"text":602,"type":579},"Total’s move for a stake in Ionic Materials is the second major foray into the battery industry after it purchased French battery producer, Saft, for $1bn in 2016. Saft specialises in producing lithium ion chemistries and cells for strategic uses, such as military and other applications that are used in extreme activities. The focus of the company means it is not yet one of the manufacturing majors which will be supplying mainstream EVs. However, its strong focus on R&D will be an attractive proposition for Total and will dovetail nicely with Ionic Material’s focus on component production first and battery manufacturing second.",{"type":574,"attrs":604,"content":605},{"textAlign":49},[],{"type":574,"attrs":607,"content":608},{"textAlign":49},[609],{"text":610,"type":579},"Ionic Materials has been in fund raising mode since the turn of the year and raised $65m from “strategic investors” in a Series C financing round. While not public information, investors are anticipated to be from the lithium ion battery supply chain, from cell to electric vehicle (EV) producers.",{"type":574,"attrs":612,"content":613},{"textAlign":49},[614],{"text":615,"type":579},"Total is the first oil company to make such a foray into solid state batteries. “We have chosen to solve the most significant materials science problems to enable solid state batteries which can be manufactured in a much simpler way using polymer processing,” explained CEO and founder, Mike Zimmerman. Total is the first oil company to make such a foray into solid state batteries.",{"type":574,"attrs":617,"content":618},{"textAlign":49},[619],{"text":620,"type":579},"“We have chosen to solve the most significant materials science problems to enable solid state batteries which can be manufactured in a much simpler way using polymer processing,” explained CEO and founder, Mike Zimmerman choose to accept, as the world needs our solution,” he added Total described solid state batteries as “the next generation” and cited EVs as the main driver behind the acquisition.",{"type":622,"attrs":623,"content":625},"heading",{"level":624,"textAlign":49},3,[626],{"text":627,"type":579},"Controversy",{"type":574,"attrs":629,"content":630},{"textAlign":49},[631],{"text":632,"type":579},"The commercialisation of solid state battery technology has been on less solid ground. While there is potential to increase the energy storage performance of lithium ion by three-to-four-fold, a real world working example, especially in an EV is yet to materialise.",{"type":574,"attrs":634,"content":635},{"textAlign":49},[636],{"text":637,"type":579},"The major controversy was UK based Dyson’s purchase of US-solid state battery developer, Sakti3 for $90m in 2015. Dyson, one of the world’s most innovative and technology savvy companies, said it was going to build a multi-billion-dollar battery plant on the back of Sakti3’s patents as the centre piece to its manufacturing of EVs.",{"type":574,"attrs":639,"content":640},{"textAlign":49},[641],{"text":642,"type":579},"Many in the battery industry believed that the Dyson-Sakti3 deal was underpinned by over-promotion from founder, Ann Marie Sastry, leaving the company with more work than expected on the new battery technology.",{"type":574,"attrs":644,"content":645},{"textAlign":49},[646],{"text":647,"type":579},"There was additional controversy when Quartz published an article: Dyson has abandoned patents aimed at creating a battery-and-electric-car juggernaut resembling Tesla. The article, written by Steve Levine a journalist well known for focusing on batteries, did not quite give the full picture as Dyson explained the three patents it did not renew were immaterial to its R&D progress for solid state.",{"type":574,"attrs":649,"content":650},{"textAlign":49},[651],{"text":652,"type":579},"Yet it did highlight a major issue in the academic battery world of over-promoting and under-delivering on real world solutions for the solid state battery to usurp lithium ion’s dominance.",{"type":574,"attrs":654,"content":655},{"textAlign":49},[656],{"text":657,"type":579},"Academic funding for battery research, especially in the US, has been a cottage industry unto itself. It has resulted in misleading headlines in the mainstream press leading the wider public to believe that a super battery is coming to a car near you in the next 18 months. The reality is rather different.",{"type":574,"attrs":659,"content":660},{"textAlign":49},[661],{"text":662,"type":579},"While solid state is undoubtedly the next-battery-tech-to-watch, commercialisation will unveil itself over the next decade. It is easy to forget that it took lithium ion over ten years to from its first commercial use in the Sony Walkman in 1992, to widespread usage in cell phones, laptops and powertools in the mid-2000s.",{"type":574,"attrs":664,"content":665},{"textAlign":49},[666],{"text":667,"type":579},"It is true that we are in a different world today where both the auto and utilities industries are desperate for more efficient batteries, that these timescales will no doubt shorten. But caution should be applied with an industry that has yet to test a true solid state battery in real world scenarios.",{"type":574,"attrs":669,"content":670},{"textAlign":49},[671],{"text":672,"type":579},"Three years on for Dyson and little commercial progress has been made on its solid state development – the company has now switched its nearterm focus to lithium ion in a bid to make its first EV by 2021.",{"type":574,"attrs":674,"content":675},{"textAlign":49},[],{"type":574,"attrs":677,"content":678},{"textAlign":49},[679],{"text":680,"type":579},"In fact, the solid-state battery industry is now looking to new pioneers to push its development forward such as US-based Solid Power, a new company spun out from research at the University of Colorado Boulder in 2012. Dyson, however, still remains one of the major global players in the R&D space for solid state and one to watch for EV engineering.",{"type":574,"attrs":682,"content":683},{"textAlign":49},[684],{"text":685,"type":579},"The potential for full integration from battery-to-EV holds great value and is reminiscent of Tesla’s Gigafactory approach. Sir James Dyson, founder and CEO of Dyson told Financial Times in February 2018 that it has been “investing heavily in new battery technology, solid state battery technology . . . but those sorts of technologies can take some time to get there.” For Total, it continues to make savvy bids for battery producers that hold strong intellectual property portfolios.",{"type":574,"attrs":687,"content":688},{"textAlign":49},[689],{"text":690,"type":579},"The question remains what the oil producer intends to do to its battery investments – whether linking it up with its solar power businesses or something altogether more radical in the EV space. Either way the hedge against an oil-powered world continues, and the next move belongs to BP and Shell.","French oil producer sees energy storage as the missing link as it doubles down on solid state technology with its second foray into the battery supply chain Total SA, the French oil producer, has bolstered its foothold in the lithium ion battery industry by purchasing a stake in Ionic Materials, a developer of next generation […]",[693],{"slug":562,"name":563,"content":694},{"job_title":565,"image":695,"bio":568,"linkedin":569},{"filename":567},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"4e9a0ca5-45f5-420a-b772-c06f5997d801\", \"id\": \"\"}-->","article",[699,702],{"slug":700,"name":701},"batteries","Batteries",{"slug":703,"name":704},"critical-minerals","Critical Minerals","private",{"id":49,"alt":707,"name":707,"focus":707,"title":707,"source":707,"filename":708,"copyright":707,"fieldtype":709,"meta_data":710,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/6b57ceff34/bm-screen-shot-2018-06-07-at-104624.png","asset",{"alt":707,"title":707,"source":707,"copyright":707},"Jun 07, 2018","7th June 2018",[],[],1792773944775]