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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to reverberate through the industry for years. Battery metals have been a bright spot for the mining industry in recent years.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

In addition, battery sourcing requirements can also affect a vehicle’s eligibility. 3,750 of the credit applies to the raw materials inside batteries, requiring a certain percentage of critical minerals to be mined or processed in the U.S. For example, starting in 2024, battery components cannot come from companies controlled by China.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. million was financed through capital leases. million in 2007.

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Electric vehicles trends in India

Electric Vehicles India

According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. The Power Source Type market is segmented into battery electric vehicle, plug-in electric vehicle and hybrid electric vehicle.

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2022 Rivian R1T: a real pickup truck makes an impressive debut

Charged EVs

A 135 kWh battery pack under the cabin and bed powers four 150 kW (200 hp) electric motors, one per wheel. Perhaps most unexpected, Rivian showed off an optional electric stove-and-oven combination designed to slide in and out of the gear tunnel and draw power from the truck’s battery. Capable, quick, clever. The food was splendid.).

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On the Shoulder of Giants: How the Tesla Cybertruck’s ambitious camper is willing itself into being

Teslarati

Granted, the transforming pop-up camper was priced at a premium at about $50,000 per unit, but for some Cybertruck reservation holders, the expense was worth it. We’re currently exploring many different ways of financing it, including debt, traditional equity, private equity, and SPACs.

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