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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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New stable Fe3O4/C composite material for conversion electrode in solid-state Li-ion batteries

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Researchers in Europe, with colleagues from Samsung R&D Institute in Japan, have developed a highly stable Fe 3 O 4 /C composite for use as a conversion electrode in all-solid-state Li-ion batteries. In addition, recently a new chemistry has surfaced, allowing to store more Li + by the so-called conversion mechanism. Resources.

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24M delivers first commercial scale, high energy density semi-solid NMC Li-ion cells; > 280 Wh/kg

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24M announced that it has developed and delivered commercially-viable, high energy density lithium-ion cells. These deliveries represent a significant milestone in the 24M mission to scale its unique, capital-efficient, low-cost approach to advanced lithium-ion battery manufacturing.

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New cobalt-free high-voltage spinel cathode material with high areal capacity

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Advancing cathode materials with both high energy density and low cost have always been the main objective of battery material research. It should be noted, the cost and sustainability of lithium-ion batteries are not only limited by the production of Co and Ni but also potentially limited by the lithium element itself. …

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European project to develop cobalt-free EV batteries awarded €11.8M

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The project will result in a unique battery system that features superior energy density, low cost, increased cycles and reduced critical materials. The proposed Li-ion battery technology will be demonstrated at TRL6 (battery pack) and validated on an automotive EV testbed. Pack 3C fast charging capability.

Batteries 360
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24M emerges from stealth mode with new semi-solid Li-ion cell; <$100/kWh by 2020

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Stealth-mode battery start-up 24M has introduced its new semi-solid lithium-ion cell. Together, our inventions achieve what lithium-ion has yet to do—meet the ultra-low cost targets of the grid and transportation industries. By 2020 our battery costs will be less than $100 a kilowatt-hour (kWh).

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Hercules EV opens $20M Series A round; targeting electric pickup in late 2022; Prieto solid-state batteries

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Hercules recently completed an agreement with Prieto Battery ( earlier post )—developer of a 3D solid-state Li-ion rechargeable battery—to co-develop and commercialize solid-state batteries for production in North America. In September 2020, Hercules announced an exclusive agreement with Toronto-based Worksport Ltd.,

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