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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei.

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Factorial Energy testing results for 40Ah solid-state battery: 97.3% capacity retention after 675 cycles

Green Car Congress

In April, Factorial Energy, a start-up solid-state battery technology company, emerged from stealth mode with a 40Ah solid-state battery cell for electric vehicles (EVs) and other applications. Solid-state batteries have struggled in the past to scale-up cell capacity. Earlier post.). C demonstrated a 97.3% C demonstrated a 97.3%

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Factorial Energy emerges from stealth with 40 Ah solid-state battery cell for EVs

Green Car Congress

Factorial Energy , a start-up solid-state battery technology company, emerged from stealth mode with a 40Ah solid-state battery cell for electric vehicles (EVs) and other applications. Factorial also announced the appointment of senior industry leaders with deep technical and automotive experience to its leadership team.

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Hyundai, Kia & Factorial Energy partner to develop solid-state batteries for next generation EVs; strategic investment

Green Car Congress

Start-up solid-state battery company Factorial Energy , Hyundai Motor Company and Kia Corporation are partnering to test Factorial’s novel solid-state battery technology and its integration in Hyundai electric vehicles.

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South 8 Technologies raises $12M in Series A to commercialize liquefied gas electrolytes for high-performance Lithium-ion batteries

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South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). —Cyrus Rustomji, Ph.D.,

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A123 Systems to license Li-ion battery system technology to IHI Corporation; IHI makes $25M equity investment in A123

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A123 Systems has expanded its business development partnership with IHI Corporation, one of the largest industrial equipment manufacturers in Japan. A123 will license its battery system technology to IHI, which will develop solutions for passenger and commercial electric vehicles in Japan using A123 battery cells.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

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Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply (primarily semiconductors and battery materials). Automakers need to be tech-efficient to combat technology rivals invading the auto industry.

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