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Solvay invests in Li-metal battery company Sepion

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Solvay Ventures, the venture capital fund of Solvay, invested in Sepion, a California-based start-up that specializes in advanced membranes for batteries with Li-metal anodes and liquid electrolytes. Sepion raised funds to accelerate commercialization of lithium metal batteries for long-range and low-cost electric vehicles.

Li-ion 259
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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

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billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. DeepGreen is developing a new, scalable source of EV battery metals in the form of polymetallic nodules found unattached on the seafloor in the Pacific Ocean.

Companies 418
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Benchmark: battery demand for manganese set to increase 8-fold this decade

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Demand for manganese in batteries is set to grow over eight-fold this decade, due to new battery chemistries and rising electric vehicle sales, according to Benchmark’s Manganese Sulphate Market Outlook. New battery chemistries are expected to use even more manganese.

Batteries 195
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Nissan Micra EV to debut later this year as new low-cost electric car

Baua Electric

Nissan will unveil a new Micra EV as its newest low-cost electric car. Over two years ago, the company claimed, “This all-new model will be designed by Nissan and engineered and manufactured by Renault using our new common platform.” It will be Nissan’s latest low-cost electric car as it looks to satisfy growing demand.

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Umicore starts industrialization of HLM manganese-rich battery materials technology for EVs

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This major milestone introduces a distinctly competitive technology to other design-to-cost battery technologies for EVs and complements Umicore’s broad portfolio of NMC (nickel, manganese, cobalt) battery materials for high performance, long-range EVs.

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€12M Current Direct project seeks to support marine electrification with swappable containerized battery system

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The overarching aim of the Current Direct project is to develop and demonstrate an innovative interchangeable waterborne transport battery system and Energy-as-a-Service (EaaS) Platform in an operational environment at the Port of Rotterdam at TRL7 that facilitates fast charging of vessels, fleet optimization and novel business models.

Mariner 305