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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. Presently, Farasis has two production bases in China: Ganzhou and Zhenjiang.

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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 $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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6 DOE-funded applied battery research projects targeting Li-ion cells with >200 Wh/kg for PHEVs and EVs

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million project that includes Lawrence Berkeley and Oak Ridge National Laboratories and General Motors. With one HCMR type in production (XP), Envia has two others in R&D (XE and XLE). Chris Johnson at Argonne National Laboratory and continued at Farasis Energy on an ion-exchange synthesis approach. Envia is leading a $3.8-million

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Li-ion Startup ActaCell To Receive Up to $1M Through the Texas Emerging Technology Fund

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ActaCell, a Li-ion battery spin-off from the University of Texas at Austin, was selected by the state of Texas, through the Austin Chamber of Commerce and the Central Texas Regional Center of Innovation and Commercialization (CenTex RCIC), to be awarded investment by the Texas Emerging Technology Fund (ETF). Earlier post.)

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US DOE awards more than $175M to 40 projects for advanced vehicle research and development

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This project will develop a new process that enables low-cost, domestic manufacturing of magnesium. This project will develop a novel low cost route to carbon fiber using a lignin/PAN hybrid precursor and carbon fiber conversion technologies leading to high performance, low-cost carbon fiber. Amprius, Inc.

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DOE to award up to $137M for SuperTruck II, Vehicle Technology Office programs

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Accelerated Development and Deployment of LowCost Automotive Mg Sheet Components (Area of Interest 3). Advances for the Production of LowCost Electric Drive vehicle Motors (Area of Interest 5). General Motors. General Motors. Description. Federal funding. Description.

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