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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007. In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year.

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New aqueous rechargeable lithium battery shows good safety, high reliability, high energy density and low cost; another post Li-ion alternative

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Schematic illustration of the aqueous rechargeable lithium battery (ARLB) using the coated lithium metal as anode, LiMn 2 O 4 as cathode and 0.5 Researchers from Fudan University in China and Technische Universität Chemnitz in Germany have developed an aqueous rechargeable lithium battery (ARLB) using coated Li metal as the anode.

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UK Researchers Developing Rechargeable Lithium-Air Battery; Up to 10X the Capacity of Current Li-ion Cells

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Researchers in the UK are developing a rechargeable lithium-air battery that could deliver a ten-fold increase in energy capacity compared to that of currently available lithium-ion cells. The four-year research project “An O 2 Electrode for a Rechargeable Lithium Battery” began on 1 July 2007 and is scheduled to end on 30 June 2011.

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Actacell merges with flourine-based battery company Contour Energy Systems

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Contour Energy was founded in 2007 out of the collaboration of Caltech and CNRS, the French National Center of Scientific Research. The company is leveraging new fluorine-based battery chemistries, nano-materials science and manufacturing processes to develop advanced primary and next-generation rechargeable battery systems.

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes.

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Valence Technology receives $12M purchase order from Wrightbus for Li-ion batteries

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Wrightbus, which has had a relationship with Valence since 2007, selected Valence as the battery supplier of choice for Wrightbus’ range of hybrid vehicles. Along with providing high power discharge capabilities, the P40 can also be recharged from a 0% state of charge (SOC) to 90% SOC in less than an hour. Valence Technology, Inc.

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Québec investing $130M in Nemaska Lithium

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Spodumene ore from the Whabouchi mine will be converted to value-added lithium salts (hydroxide and lithium carbonate) and then sold primarily to manufacturers of cathode materials for rechargeable lithium-ion batteries.