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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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Benchmark: battery demand for manganese set to increase 8-fold this decade

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Manganese is a crucial element in nickel cobalt manganese (NMC) cathodes and can be used to improve the range of electric vehicles at a relatively low cost. Automotive companies are increasingly turning to manganese-intensive forms of battery chemistry due to lower cost structures and improved performance.

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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.

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NEO Battery Materials to expand into US with subsidiary; silicon anodes and battery materials

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NEO Battery Materials, a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries ( earlier post ), is under the process to establish NBM America, a US subsidiary, in February. billion investment).

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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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Ford shifts focus by racing Tesla to $25k compact EV: report

Teslarati

Of all the legacy automakers that have made a truly dedicated effort to transition to EVs, Ford and General Motors are arguably the most committed. During its most recent earnings call, the company said it would slow down production of some of its EVs, including the F-150 Lightning.

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Solid-state battery startup Soelect raises $11M in Series A; including GM Ventures

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Soelect says that it has developed a unique manufacturing process for its products that can be scaled up for mass production at low cost. Lotte Chemical already has the strength of its advanced materials for lithium-ion batteries. —Wade Sheffer, Managing Director, GM Ventures.

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