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

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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. Presently, Farasis has two production bases in China: Ganzhou and Zhenjiang. The Farasis Energy contract award, valued at $5.9

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UCSD researchers improve method to recycle and renew used cathodes from Li-ion batteries via eutectic molten salts

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Researchers at the University of California San Diego have improved their recycling process that regenerates degraded cathodes from spent lithium-ion batteries. Illustration of the process to restore lithium ions to degraded NMC cathodes using eutectic molten salts at ambient pressure. —Zheng Chen.

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A123 Systems introduces Li-ion 6T battery designed specifically for military applications; engine start and silent watch

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The military is interested in replacing lead-acid batteries with higher performing Li-ion systems. From a 2011 TARDEC presentation. A123 Systems has introduced the Military 6T Battery, a robust Li-ion battery system engineered specifically to meet the demanding requirements of military vehicles. Click to enlarge.

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GM researchers posit simple model to assist in balancing high energy density vs fast charging in EV design

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With an eye toward balancing higher energy density batteries and fast charging capability, General Motors researchers Mark Verbrugge and Charles Wampler have derived and implemented a simple model to assist in evaluating factors such as cell performance, cost, life, and fast-charge capability in the design of electric vehicles.

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Galaxy Resources enters technology license agreement with Li-ion producer K2 Energy

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Australia-based Galaxy Resources Limited has signed a technology license agreement with US-based lithium-ion battery producer K2 Energy Solutions Inc. Flow diagram, Jiangsu lithium carbonate plant. K2 Energy has developed a family of large format batteries and battery systems based upon lithium iron phosphate technology.

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SK Energy and USABC to Evaluate SK Li-ion Batteries for Electric Vehicles

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SK Energy, Asia’s fourth largest energy provider and Korea’s first oil refining company, develops and manufactures lithium-ion battery separators (LIBS) as well as lithium-ion batteries for applications ranging from consumer electronics to transportation. SK Energy Investor Presentation (April 2010).

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

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million contract to develop high-energy lithium-ion batteries for use in electric vehicle applications. The competitively bid contract Cobasys award from USABC is co-funded by the US Department of Energy (DOE) and includes a 50% cost-share.

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