article thumbnail

Ultracapacitor manufacturer Skeleton Technologies raises €3.9M (US$5.2 M) in Round A financing

Green Car Congress

Skeleton Technologies, a manufacturer of high power- and energy-density ultracapacitors ( earlier post ) has completed Round A financing of €3.9 Skeleton Technologies manufactures SkelCap ultracapacitor cells, SkelMod modules. Skeleton Technologies is located in Bautzen, Germany and Viimsi, Estonia. million (US$5.4

Financing 247
article thumbnail

Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

Green Car Congress

Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
article thumbnail

Hyundai makes Series B investment in hydrogen and fuel cell catalyst maker Pajarito Powder

Green Car Congress

Pajarito Powder manufactures a range of catalyst products using its own intellectual property as well as intellectual property licensed from the University of New Mexico, Los Alamos National Laboratory, and Institut National de la Recherche Scientifique (INRS) in Québec, Canada.

Hyundai 186
article thumbnail

Minerals used in electric cars: How much does the US import and from where?

Green Car Congress

This post focuses on minerals used uniquely in the manufacture of electric cars. China, Estonia, Japan, Malaysia. by Michael Sivak, Sivak Applied Research. The three questions of interest are: Which minerals are they? Is the United States self-sufficient or are we relying on imports for these minerals? Norway, Canada, Japan, Finland.

Gabon 353
article thumbnail

UP Catalyst offering carbon-negative graphite for European battery supply chain

Green Car Congress

UP Catalyst , an Estonia-based company developing a method to produce sustainable carbon nanomaterials and graphite from CO 2 ( earlier post ), says that it can produce carbon-negative graphite, consuming 3.7 Every battery manufacturer is challenged by insufficient raw materials. tons of CO 2 per ton of graphite material produced.

Carbon 186
article thumbnail

Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The three countries that do not apply CO2-based taxation are Estonia, Lithuania and Poland.

Motor 284
article thumbnail

Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

Green Car Congress

Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. Skeleton Technologies Group has three main locations: its manufacturing in Großröhrsdorf, Saxony, Germany, materials development in Bitterfeld-Wolfen, Saxony-Anhalt and electrical engineering in Tallinn, Estonia.

Estonia 186