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

Green Car Congress

Dieter Zetsche, the former chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz; Mark Fields, former Ford Motor Company CEO; and Harry Wilson, former senior advisor to the Obama Administration’s Presidential Task Force on the Auto Industry, serve on Factorial’s advisory board.

Energy 459
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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

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Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure.

Obama 231
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Hyundai, Kia & Factorial Energy partner to develop solid-state batteries for next generation EVs; strategic investment

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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.

Hyundai 170
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Factorial Energy emerges from stealth with 40 Ah solid-state battery cell for EVs

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The company’s investor base includes former President and CEO of Ford Motor Company, Mark Fields; former Senior Advisor to the Obama Administration’s Presidential Task Force on the Auto Industry, Harry Wilson; and investment firms Gatemore Capital Management and Wave Equity Partners.

Energy 321
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Automakers Support Obama Administrations Development of National Program for Reducing Carbon Emissions and Fuel Consumption

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The US auto industry, via the Alliance of Automobile Manufacturers, is lining up to support a new national, harmonized program to reduce carbon emissions and fuel consumption that President Obama will announce on Tuesday, 19 May.

Obama 186
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Tesla replays DOE loan nine years early

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billion fundraising , Tesla Motors has paid off the entire loan awarded to the company by the US Department of Energy in 2010. This program was signed into law by President Bush in 2008 and then awarded under the Obama administration in the years that followed. Flush with its recent $1.02

Tesla 334
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GM to buy back 200M shares held by US Treasury for $5.5B

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General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009.

GM 259