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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 $1.08M Li-ion battery recycling project to Worcester Polytechnic Institute

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The United States Advanced Battery Consortium LLC (USABC), a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, has awarded $1.08 million to Worcester Polytechnic Institute (WPI) in Worcester, Massachusetts for Phase II of a lithium-ion (Li-ion) battery recycling contract.

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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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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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Report: LG Chem obtains patent for Li-ion battery separator in Europe, Japan

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said that it has obtained a patent for its safety-reinforced separator (SRS), a key component of lithium-ion polymer batteries, in Europe and Japan. LG Chem now has SRS patents in five regions, including South Korea, the United States and China, the company said. Yonhap News reported that South Korea-based LG Chem Ltd.

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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. Earlier post.).

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