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EU-funded project Recirculate seeks to create new business models for repair, reuse, and recycling of second-life batteries

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million for the Recirculate project, which will address the most pressing challenges in the European battery recycling sector and battery materials logistics. The main goal of the project is to enhance end-of-life battery repair, reuse, remanufacture and recycling. The European Union has awarded €4.9

Batteries 369
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Blackstone Battery production capacity to increase tenfold

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Blackstone Resources AG announced that its German subsidiary Blackstone Technology GmbH will increase its battery production capacity tenfold to 500 MWh per annum by 2022 for Li-ion batteries, which contain 3D-printed battery electrodes, at Blackstone’s Döbeln site in Saxony.

Batteries 273
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BMW Group to build logistics center for high-voltage batteries in north of Leipzig

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This will produce a logistics hall for the current fifth-generation high-voltage batteries and an office building, both of which are due to reach completion in mid-2024. By 2026 the BMW Group aims for at least one in three new cars sold to be fully electric, so the need for high-voltage batteries will increase.

BMW 195
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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The new capital will be used to support FreeWire’s growth plans as the company accelerates commercial deployments of its battery-integrated ultrafast EV charging technology and increases manufacturing capacity to meet growing global customer demand, including high priority markets such as the UK, Canada, Japan, and Australia/New Zealand.

Charging 195
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Daimler takes minority stake in Sila Nanotechnologies; next-generation lithium-ion battery materials

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Daimler AG has acquired a minority equity stake in US battery material specialist Sila Nanotechnologies Inc. Founded in 2011, Sila Nano is a developer of new battery materials which outperform existing lithium-ion technologies. The advancements Sila Nano have made in battery performance are very promising.

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LG Energy Solution signs binding term sheet with Sigma Lithium for battery-grade lithium concentrate

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LG Energy Solution (LGES) has signed a six-year binding term sheet with Canadaa-based Sigma Lithium Corporation for an offtake agreement on a “take or pay” basis for the sale of 6% battery-grade high purity and environmentally sustainable lithium concentrate.

Energy 170
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Tesla loses VP of Legal to LiDAR startup Luminar

Teslarati

Tesla’s longtime Vice President of Legal and Acting General Counsel, Al Prescott, has joined LiDAR startup Luminar. “Luminar has pioneered safety-critical technology that will power our autonomous future. Prescott has worked for years with autonomous cars, acting as a legal expert for companies planning to enter the sector.

Legal 140