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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. 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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American Battery Technology Company receives $2M USABC award to demo integrated Li-ion battery recycling technologies

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While the domestic manufacturing capacities of electric vehicles and of lithium-ion battery cells have grown rapidly in the US in recent years, unfortunately the domestic production capacities of the battery metals that supply these operations have not kept pace. This is American Battery Technology Company’s first contract with USABC.

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USABC awards $5.48M Li-ion PHEV battery technology development contract to Johnson Controls

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The United States Advanced Battery Consortium LLC (USABC), an organization whose members are Chrysler Group LLC, Ford Motor Company and General Motors, has awarded a $5.48-million million lithium-ion battery technology development contract to Johnson Controls Inc.

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USABC awards $919,000 Li-ion active material coating technology assessment contract to Physical Sciences; EV requirements

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The United States Advanced Battery Consortium LLC ( USABC ), a subsidiary of the United States Council for Automotive Research LLC (USCAR), and a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, has awarded a $919,000 contract to Physical Sciences Inc.

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CD-adapco completes CAEBAT project for Li-ion battery simulation tools; combined flow, thermal and electrochemical

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CD-adapco announced the successful completion of a project to develop advanced Li-ion battery stimulation tools to enable faster design and development of advanced electric drive vehicle power systems. General Motors, ANSYS, and ESim. Earlier post.). CD-adapco, Battery Design LLC, A123 Systems, and Johnson Controls Inc.

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DOE awards $60M to 24 R&D projects to accelerate advancements in zero-emissions vehicles

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Awardees across 12 projects will focus on developing next-generation lithium batteries with improved lifespan, safety, and affordability; improving the performance and durability of electrolytes that carry ions within batteries; and increasing the power density of electric drive systems. General Motors. AOI 6: Low?cost

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GM Ventures makes $7M strategic investment in Envia Systems for advanced Li-ion cathode materials

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General Motors Ventures LLC has invested $7 million in Newark, Calif.-based based Envia Systems to provide GM’s battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. The funding of the investor group totaled $17 million.

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