Remove Commercial Remove Corporation Remove Definition Remove Purchase
article thumbnail

Solid Power, SK Innovation partner to produce automotive-scale all-solid-state batteries; $30M investment from SK

Green Car Congress

This marks a key milestone on Solid Power’s strategic roadmap to achieve commercial production of all-solid-state battery cells for electric vehicle integration and use. The PIPE is anchored by investors Koch Strategy Platforms, Riverstone Energy Limited, Neuberger Berman funds and Van Eck Associates Corporation.

article thumbnail

Albemarle signs exclusivity agreement with Mineral Resources for 50/50 lithium JV in W. Australia; $1.15B deal

Green Car Congress

The proposed JV, which remains subject to negotiation of definitive documents, would combine Albemarle’s lithium production and marketing expertise with Mineral Resources Limited’s (MRL) leading regional presence and mining capabilities. The purchase price for Albemarle’s 50% interest in the JV would be US$1.15

Australia 236
article thumbnail

LG Energy Solution signs binding term sheet with Sigma Lithium for battery-grade lithium concentrate

Green Car Congress

LG Energy Solution (LGES) has signed a six-year binding term sheet with Canadaa-based Sigma Lithium Corporation for an offtake agreement on a “take or pay” basis for the sale of 6% battery-grade high purity and environmentally sustainable lithium concentrate.

Energy 170
article thumbnail

Lithium Technology Corporation enters strategic alliance and investment agreement with FN Group for large format Li-ion packs for automotive applications

Green Car Congress

Lithium Technology Corporation (LTC) ( earlier post ) has entered into a strategic alliance with Frazer-Nash Research Ltd. (FN The two parties executed several definitive agreements relating to this strategic alliance on 30 March 2011 and closed the transaction on 1 April 2011.

article thumbnail

Mascoma announces FDA favorable review of its next-gen bioengineered yeast; improved corn ethanol yield

Green Car Congress

TransFerm Yield+ is a drop-in substitute for conventional fermenting yeast that lowers costs and improves efficiencies for corn ethanol producers by improving ethanol yield from corn and alleviating the need to purchase a significant amount of the expensive glucoamylase enzymes.

article thumbnail

Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary. One would expect to receive some kind of purchasing allowance calculated that’s then tied to income. Normal to my American eyes thus far. But things aren’t quite as simple as that in the United Kingdom.

Sale 102
article thumbnail

Mascoma bioengineered yeasts have produced more than 1B gallons of ethanol

Green Car Congress

Mascoma Corporation, a leading provider of bioconversion technology, announced that its consolidated bioprocessing technology (CBP) has been used to produce more than 1 billion gallons of corn ethanol. The company said that this represented a key commercial milestone for its MGT yeast products including TransFerm and TransFerm Yield+.