Azelio and Stena Aluminum are planning to enter into a long-term global collaboration to utilize recycled molten aluminum for Azelio's energy storage systems at Stena Aluminum production site.
Global research institution IHS Markit published their latest analysis stating that the average cost of a Li-ion battery cell will fall below US$ 100 per kWh in the next three years.
The hybrid propulsion solution, using electric power from 8.8MWh batteries and diesel generators, will cut fuel consumption on the Dover-Calais route by 40 percent.
