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Electric propulsion company Evolito acquires aerospace battery company Electroflight; full powertrain solutions capability

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Evolito, a privately-owned company designing and manufacturing electric motors and controllers for aerospace applications, has acquired the business and assets of aerospace battery solutions company '. We are looking forward to partnering with more companies thanks to this innovative new technology. Electroflight SEED.

Companies 221
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SES begins pilot production of solvent-in-salt electrolyte for hybrid Li-metal batteries

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SES), a developer of high-performance hybrid lithium-metal rechargeable (Li-Metal) batteries for electric vehicles (EVs) and other applications ( earlier post ), has established the first pilot production line capable of scaling up high-concentration, solvent-in-salt electrolyte production. SES Holdings Pte. Earlier post.)

Hybrid 329
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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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High-power battery company MOBIUS.energy secures $50M investment commitment from GEM

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MOBIUS will use the funds to scale-up battery module production to support electric aircraft customers through a subscription model including maintenance and salvage services. MOBIUS has issued warrants to GEM, exercisable upon public listing, to purchase up to 3% of the common stock of the company. —Eugene Choi, MOBIUS CEO.

Companies 243
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Battery company Vehicle Energy Japan to become Nissan subsidiary

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Nissan Motor entered into a definitive agreement to acquire shares in Vehicle Energy Japan , an automotive lithium-ion battery manufacturer. Nissan will acquire all the common shares of Vehicle Energy Japan held by investment company INCJ, Ltd. Nissan uses VE-J batteries in the Kicks and Note e-POWER models.

Japan 199
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Renault Group and Geely sign JV agreement to launch powertrain technology company; hybrids and ICE

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The new company will include 17 engine plants and 5 R&D centers in 3 continents with 19,000 employees in a full-fledge effective organization strategically structured to provide powertrain solutions for multiple OEMs.

Hybrid 150
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Anglo American unveils prototype 2MW hydrogen-battery hybrid mine haul truck

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The 2MW hydrogen-battery hybrid truck, generating more power than its diesel predecessor and capable of carrying a 290-tonne payload, is part of Anglo American’s nuGen Zero Emission Haulage Solution (ZEHS). nuGen is part of FutureSmart Mining, Anglo American’s innovation-led approach to sustainable mining.

Hydrogen 369