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Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

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Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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Ionic Mineral Technologies launches nano-silicon product for Li-ion cell manufacturers

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Ionic Mineral Technologies, a developer of advanced silicon anode battery materials, launched its Generation 1 Ionisil nano-silicon product for Li-ion cell manufacturers. higher capacity, the Halloysite Hills deposit is able to supply 50 million new electric vehicles, the company calculates. Earlier post.)

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Hitachi developing packaged 1 MW Li-ion energy storage system for grid stabilization

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The energy storage system, which packages a 1 MW Li-ion battery system with power electronics and control technologies, fuses Hitachi’s electricity grid control technologies built up in the Hitachi Group and Hitachi Chemical Co., Hitachi, Ltd. s battery-related expertise.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

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million in tax credits to four battery companies announcing plans to invest more than $1.7 billion in Li-ion manufacturing facilities in the state. The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.;

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Michigan Approves Li-ion Maker Johnson Controls-Saft for Tax Credits, $20M Pack Credit

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Under this designation, a company that attracts or influences a supplier or customer to locate or expand in Michigan can qualify for tax credits. Earlier post.).

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Dassaults SVE to Combine with and Dow Kokam in Li-ion Battery Partnership for EVs

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Groupe Industriel Marcel Dassault (Dassault) and Dow Kokam LLC have signed an agreement that outlines the intention to combine the business activities of Dassault’s Société de Vehicles Electriques (SVE) unit with Dow Kokam, making Dassault a minority owner of Dow Kokam, a joint venture between Dow Chemical and Townsend Kokam for Li-ion batteries.

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Saft to Raise Approximately 120M to Fund Li-ion Plants in US

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Saft remains very focussed on its exciting medium term growth prospects, with high performance Li-ion batteries and is delighted that its projects have been chosen by the US Government to receive grants to build new factories in North America. million, including $100 million of investment-related, refundable tax credit.

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