article thumbnail

Daimler buys out Evonik from Li-Tec and Deutsche ACCUmotive Li-ion companies; Daimler sole owner

Green Car Congress

Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1%) and in Deutsche ACCUmotive GmbH & Co. The two companies originally established their strategic alliance on automotive Li-ion cells in December 2008 ( earlier post ), with the resulting formation of the new joint venture (Deutsche ACCUmotive GmbH & Co.

Li-ion 319
article thumbnail

Report: Bosch buying solid-state Li-ion battery company Seeo

Green Car Congress

Quartz today reported that Bosch has agreed to acquire Berkeley Lab solid-state Li-ion battery spinoff Seeo. Lithium metal is an ideal anode material for rechargeable Li batteries. This can also be problematic, as the core requirements of a solid-state electrolyte for use with a Li metal anode—i.e., Earlier post.).

Li-ion 150
article thumbnail

Dyson buying Li-ion solid-state battery company Sakti3 for $90M

Green Car Congress

USA Today has confirmed an earlier unconfirmed report by Quartz that UK-based Dyson will acquire solid-state Li-ion battery startup Sakti3 ( earlier post ) for $90 million. Dyson invested $15 million in Sakti3 earlier this year. Our target is to achieve mass production of cells at ~$100/kWh.

Li-ion 150
article thumbnail

Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

Green Car Congress

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. global Li-ion battery production by the turn of the decade, Pike suggests.

Li-ion 324
article thumbnail

AllCell launches stand-alone Li-ion premium e-bike battery

Green Car Congress

Li-ion battery manufacturer AllCell Technologies has launched its new Summit line of lithium-ion e-bike batteries. Effective thermal management for e-bikes is becoming more important as the industry moves towards larger batteries while simultaneously packing more energy and power into each lithium-ion cell.

Li-ion 199
article thumbnail

Daimler buying more than €20B of battery cells for electric drive vehicles by 2030

Green Car Congress

Daimler will buy more than €20 billion (US$23 billion) of battery cells for electric drive vehicles by 2030, the company announced. These include the continuous optimization of the current generation of Li-ion systems, the further development of cells bought on the world market and research on the next generation of post-lithium-ion systems.

Buy 259
article thumbnail

George Soros buys Tesla ($TSLA) and other tech stocks

Teslarati

His decision to buy a new $20 million stake in Tesla’s stock comes just after Tesla’s shareholders voted in favor of a 3:1 stock split which will take place on August 25. In Q1, he liquidated his shares in Fisker and Li-Cycle, which is a lithium-ion recycling company. Earlier this year, Soros sold his 1.26

Buy 98