Lithium-ion batteries

Romoss and Anker are recalling power banks due to potential fire hazards, following reports of overheating and ignition issues. Beijing universities had previously banned specific Romoss models after explosion incidents. Romoss attributes the problem to component defects, while Anker cites a faulty component from a vendor. The recalls impact the companies’ reputations and pose logistical challenges as major delivery services, like SF Express, refuse to ship the potentially dangerous devices due to safety concerns.

UL Solutions is launching new testing and certification programs for battery containment enclosures and micromobility charging equipment to address the growing safety concerns around lithium-ion batteries and thermal runaway events. These programs, adhering to UL 1487 and UL 4900 standards, aim to mitigate fire and other hazards, offering an additional layer of protection, and are developed with input from the FDNY.

Battery X Metals (BATXF) is targeting aging EV batteries with its rebalancing technology, focusing on Nissan Leaf, the second-largest out-of-warranty EV cohort in the U.S. Partnering with Factor E Motors, the company’s Prototype 2.0 demonstrated 54% capacity restoration in NRC tests, aiming to undercut battery replacement costs by 60-70%. Targeting a $900M+ North American market by 2028, plans include expanding to Ford and Chevy models by 2026. The approach could reduce lithium demand by 18,000 tons annually, aligning with sustainability goals. CEO Massimo Bressi emphasizes adaptability as global EV sales hit 17.1 million units, positioning Battery X as a battery health leader amid rising replacement costs.