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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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LG Energy Solution investing $1.7B to quintuple battery plant capacity in Michigan

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LGES’ expansion will quintuple the plant’s capacity to help produce battery components into the future as Michigan’s electric vehicle industry grows. billion to build Ultium Cell LLC’s third US battery cell plant in the city of Lansing and Delta Township, a joint venture between GM and LG. million; and. million; and.

Michigan 334
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FREYR Battery announces public offering of 13,500,000 ordinary shares

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Norway-based FREYR Battery plans to make a public offering of 13,500,000 of its Ordinary Shares, without nominal value, in an underwritten registered public offering. FREYR expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional Ordinary Shares as part of this offering.

Batteries 199
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USDOT FTA announces $182M in Low-No grants for transit vehicles & facilities nationwide

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The project selections were approved as part of the Low- or No-Emission (Low-No) Grant program, which funds the deployment of zero-emission and low-emission transit buses and supporting equipment and facilities. A total of 49 projects in 46 states and territories will receive funding through the program.

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NY governor announces $3M for municipalities to purchase zero-emissions vehicles and infrastructure

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Cuomo announced the availability of $3 million in state funds to help municipalities purchase zero-emission vehicles and install related infrastructure. The rebates and grants are administered by the State Department of Environmental Conservation and supported by the state’s Environmental Protection Fund. NY Governor Andrew M.

Purchase 230
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Amprius and DOE mutually agree to end negotiations for cost-sharing grant for gigawatt-scale plant

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Amprius Technologies, the developer of the next-generation lithium-ion battery Silicon Anode Platform, announced that it and the US Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains (MESC) mutually agreed to end the negotiation of a previously announced cost-shared demonstration project. Earlier post.)

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Aqua Metals and Yulho form strategic partnership for sustainable lithium battery recycling in S Korea

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Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea. The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023.