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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. Since 2017 Farasis has regularly ranked first in terms of shipments of NCM-based Li-ion pouch cells to the Chinese automotive market.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. NOVONIX Anode Materials LLC, a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017.

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Smith Electric Vehicles and FDG form JV for commercial EVs in US; new joint EV platform

Green Car Congress

Smith Electric Vehicles executed an agreement to form a joint venture with China-based strategic partner and investor FDG Electric Vehicles, a vertically integrated electric vehicle and lithium-ion battery manufacturer engaged in the R&D, production and distribution of all-electric vehicles.

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Audi going to the moon; Audi lunar e-quattro rover

Green Car Congress

The lunar rover is powered by a solar panel the total surface area of which measures around 30 square centimeter; a compact lithium-ion battery is located centrally in the chassis with energy capacity sufficient for the 500-meter drive required by GLXP contest rules. And innovative ideas need supporters that promote them.

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Easy as A123

Plug In Partners

A123Systems produces Nanophoshate based lithium ion batteries with a combination of power density, durability and safety in excess of anything mass produced on the market today. But there can be as many as 15 million standard hybrids on the road when plug-in volumes skyrocket from 2012 to 2017. Join Plug In Partners today.

ZENN 100