article thumbnail

Solid-state sodium battery company LiNa Energy closes £3.5M funding round

Green Car Congress

Solid-state sodium battery company LiNa Energy ( earlier post ) has closed out a £3.5-million LiNa Energy, a spin-out from Lancaster University, established in 2017, is commercializing a safe, cobalt- and lithium-free solid-state sodium battery. million (US$4.8-million) To date LiNa Energy has secured more than £7 million (US$9.5

Sodium 186
article thumbnail

Reliance buys Na-ion battery developer Faradion

Green Car Congress

Reliance New Energy Solar Ltd, a wholly owned subsidiary of Reliance Industries Ltd, will acquire 100% shareholding in sodium-ion battery developer Faradion Limited ( earlier post ) for an enterprise value of £100 million (US$135 million). Sodium is the sixth-most abundant element on the planet. billion ($73.8 billion ($10.9

Sodium 199
article thumbnail

Novel Sodium-Ion Battery-Powered EVs To Hit Chinese Streets in January

The Truth About Cars

JAC Motors has developed a new EV sporting a sodium-ion battery that it says has lower costs and more abundant raw materials. It’s also less dense and may not provide the same range estimates, but lower-cost EVs are what the industry needs right now.

Sodium 92
article thumbnail

Aqua Metals is building a more sustainable battery recycling ecosystem

Charged EVs

Aqua Metals has a pilot line up and running, and is selling materials to customers in the metals industry. That’s not to say that over the coming years, as we build a brand-new closed-loop recycling industry, that that doesn’t start to verticalize a little bit more. But one of the things the pyro process doesn’t recover is lithium.

article thumbnail

Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

Concentration and price collapse For now, global economic weakness has depressed buying of new vehicles and led lithium prices to dive. Analysts have said the EV industry will depend on lithium for years to come, even though cheaper battery technology alternatives using less or no lithium are being studied. .

article thumbnail

India’s Top 10 Lithium-ion Battery Manufacturers for 2023

Electric Vehicles India

On the basis of industry expert discussion and trusted media sources, we are giving the top 10 lithium battery manufacturers in India. Reliance – EV Reliance New Energy Solar has acquired Faradion, a UK start-up that develops sodium-ion batteries. The company claims sodium-ion technology is safer and cheaper. Reliance – EV 3.

article thumbnail

Aqua Metals is building a more sustainable battery recycling ecosystem – Charged EVs

Baua Electric

Aqua Metals has a pilot line up and running, and is selling materials to customers in the metals industry. That’s not to say that over the coming years, as we build a brand-new closed-loop recycling industry, that that doesn’t start to verticalize a little bit more. But one of the things the pyro process doesn’t recover is lithium.