Green Car Congress

OCTOBER 9, 2018

million) to build a Li-ion battery separator plant in China. The plant is set to start commercial production in the third quarter of 2020 with an annual capacity of 340 million square meters of polymer lithium-ion battery separator (LiBS) and 130 million square meters of ceramic-coated separator (CCS), SK Innovation said.

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Li-ion Lithium Ion China Building 236

Baua Electric

MAY 1, 2024

Japanese chemical company Asahi Kasei will construct an integrated plant in Ontario, Canada for the base film manufacturing and coating of its Hipore wet-process lithium-ion battery separator. Asahi Kasei will invest approximately ¥180 billion ($1.14

Li-ion 52

Li-ion Canada Building Battery 52

Green Car Congress

AUGUST 17, 2023

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. Iron-based cathodes are cheaper, cleaner, and safer than legacy battery technologies such as NMC and NCA that exist today, but are less energy-dense than Ni/Co-based ternary cathodes.

GM 195

GM Battery Batteries Companies 195

Green Car Congress

DECEMBER 15, 2022

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

Lithium Ion 150

Lithium Ion Oman Battery Batteries 150

Green Car Congress

MARCH 5, 2023

KORE Power, a US-based developer of battery cell technology, has chosen Siemens to support the company’s future 12-GWh lithium-ion battery cell production facility—the KOREPlex. KORE Power’s featured product is a high energy density NMC cell offering 255 Wh/kg; KORE also offers module and rack configurations.

Arizona 170

Arizona Power Powered Battery 170

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

APRIL 27, 2022

TWAICE, a battery analytics company, has secured $30 million in additional Series B financing led by global investment firm Coatue. The round extension, which includes personal investment from Lip-Bu Tan and participation from existing investors, builds on TWAICE’s $26 million Series B in May 2021 led by Energize Ventures.

Battery 195

Battery Batteries North America Chicago 195

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. Ford’s new Battery Benchmarking and Test Laboratory in Allen Park, Mich., This 200,000 sq.-ft.

Ford 334

Ford Global F-150 Battery 334

Green Car Congress

JULY 4, 2020

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

Battery 545

Battery Batteries Production Zambia 545

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

GM 218

GM Companies Battery Batteries 218

Green Car Congress

APRIL 5, 2023

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

Commercial 199

Commercial Battery Batteries Porsche 199

Green Car Congress

NOVEMBER 13, 2021

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9%

Argentina 335

Argentina Building Chinese Financing 335

Green Car Congress

JUNE 22, 2023

billion to BlueOval SK LLC (BOSK) for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles. Together, the plants, one located in Tennessee and two in Kentucky, will enable more than 120 GWh of US battery production annually. Earlier post.)

Ford 150

Ford Kentucky Tennessee Battery 150

Green Car Congress

JUNE 11, 2021

billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. Northvolt announced the signing of a $2.75-billion Goldman Sachs Bank Europe SE and Morgan Stanley & Co.

Manufacturer 243

Manufacturer Battery Batteries Sweden 243

Electrek

DECEMBER 12, 2022

billion loan for Ultium Cells, a joint venture between GM and South Korean battery maker LG Energy Solution. The loan will go toward financing the construction of new lithium-ion battery cell factories in Ohio, Tennessee, and Michigan. loan to build 3 battery factories in 3 states appeared first on Electrek.

GM 75

GM Building Lithium Ion Tennessee 75

Green Car Congress

AUGUST 6, 2020

Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Access to the program will be on a first-come, first-served basis.

Power 307

Power Powered Battery Batteries 307

Green Car Congress

APRIL 6, 2022

million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.

Fleet 448

Fleet Purchase North America Energy Storage 448

Electrek

SEPTEMBER 8, 2023

LAND, a Cleveland-based electric motorcycle maker and battery technology company, recently wrapped up a successful Series A financing round, surpassing their fundraising goal by over US $1 million. more… The post Ohio-based electric motorcycle maker raises $7M to build bikes in the US appeared first on Electrek.

Electric Motorcycles 83

Electric Motorcycles Ohio Motorcycles Cleveland 83

Green Car Congress

MARCH 7, 2021

Finland represents an attractive low risk mining jurisdiction (top five jurisdiction in the Fraser Institute) and has developed a National Battery Strategy that outlines the objectives for the country to become a competitive, competent and sustainable player in the international battery industry.

Finland 243

Finland Battery Batteries Financing 243

Green Car Congress

SEPTEMBER 12, 2023

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

Mozambique 186

Mozambique Financing Legal Louisiana 186

Green Car Congress

JANUARY 24, 2013

a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. The company completed build-out of pilot manufacturing and testing facilities at its Fremont, Calif.

Li-ion 240

Li-ion Financing Energy Battery 240

Green Car Congress

JUNE 28, 2021

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. The first is with Envision AESC —a long-standing partner of Nissan; the second is with Verkor , a Grenoble-based start-up specialized in development of EV battery cells.

France 334

France Battery Batteries Production 334

Green Car Congress

JUNE 20, 2022

Enel X, Enel's subsidiary dedicated to innovative products and services, together with EV maker Arrival, have entered into a partnership to test the battery-electric bus in Italy. The success of these tests will be a key building block for Enel to include the Arrival Bus within its portfolio of global electrification solutions.

Italy 433

Italy Electrical Electric Financing 433

Green Car Congress

JULY 25, 2023

Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea. For the equity investment, Yulho has agreed to the purchase of approximately 4.5

South Korea 150

South Korea Battery Batteries Li-ion 150

Green Car Congress

SEPTEMBER 1, 2023

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity. The project secured an up to $398.6-million

Energy Storage 195

Energy Storage Energy Polymer Legal 195

Green Car Congress

JULY 9, 2023

Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. Earlier post.)

Argentina 369

Argentina South Korea South America Financing 369

Green Car Congress

MARCH 9, 2023

The Hino Class 5 M5e cab over and Class 6 L6e conventional models made their debut during the show, and come equipped with battery capacities of 138 kWh (SEA-Drive 120 Power-System) and 220 kWh (SEA-Drive 180 Power-System) respectively.

Electrical 448

Electrical Electric Dealers Financing 448

Green Car Congress

SEPTEMBER 2, 2023

billion in funding to expand domestic manufacturing of batteries for electric vehicles and the nation’s grid, as well for battery materials and components currently imported from other countries. Bolstering American Battery Manufacturing, Strengthening Domestic Supply Chains.

Conversion 279

Conversion Grant Manufacturer Supplies 279

Teslarati

MAY 26, 2023

Tesla’s energy business saw a 360% year-over-year growth in the first quarter, and a good part of it was due to the Megapack, the company’s flagship battery storage product. Recent footage of Tesla’s Lathrop Megafactory suggests that the electric vehicle maker is looking to ramp its production of the giant battery packs.

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Battery Batteries Tesla Energy Storage 145

Green Car Congress

OCTOBER 20, 2020

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. Battery Storage. billion compared to $1.2

2020 221

2020 Grid Companies 2019 221

EV Life

SEPTEMBER 7, 2023

Building on the success of the popular and affordable Bolt EV and Bolt EUV , the automaker has continued to expand its electric offerings to include EV versions of several of its most popular models. We’ll also show you how to save a ton of money by financing your purchase through EV Life. Enter the Chevrolet Equinox EV.

Chevrolet 52

Chevrolet Financing Electric Vehicles Tax Credit 52

Green Car Congress

FEBRUARY 17, 2023

Finnish Minerals Group, a mining and battery industry development and investment company, and FREYR Battery will cooperate to assess the feasibility of establishing an LFP cathode material plant in the city of Vaasa. The aim of Finnish Minerals Group is that during 2023, decisions will be made on initiating the next assessment phase.

Finland 186

Finland Battery Batteries Europe 186

Green Car Congress

NOVEMBER 29, 2019

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

Mini E 259

Mini E BMW China Future 259

Green Car Congress

NOVEMBER 11, 2011

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

Financing 252

Financing Denmark Australia 252

Green Car Congress

JANUARY 13, 2023

The plant is planned to supply coated spherical graphite anode material to the EV/battery markets in North America and beyond. On 21 December 2022, Northern and Graphex announced the signing of a non-binding letter of intent to negotiate a joint venture agreement to build a North American mine-to-battery supply chain.

North America 259

North America America Supplies Commercial 259

Green Car Congress

DECEMBER 10, 2022

LeydenJar , a Dutch developer of ultra-thin, pure silicon battery anodes, has secured the funding to build its first factory to produce silicon anode foil. Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale.

Companies 231

Companies Li-ion Financing Luxembourg 231

Green Car Congress

MAY 8, 2022

All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisition of the two mines was financed through US$36 million in debt, royalty and stream financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. Sprott invested CDN$3.75

Namibia 284

Namibia Chinese Companies Financing 284