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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

Green Car Congress

Li-Cycle Holdings Corp. and the US Department of Energy (DOE) Loan Programs Office (LPO), through its Advanced Technology Vehicles Manufacturing (ATVM) program, have entered into a conditional commitment for a $375-million loan.

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EV maker CODA files for Chap. 11 bankruptcy; restructuring business around energy storage

Green Car Congress

has filed a voluntary petition under Chapter 11 in the US Bankruptcy Court, District of Delaware (Petition Nº 13-11153) to enable the reorganization of its business solely around energy storage based on its Li-ion battery systems. CODA’s legal advisor in connection with the restructuring is White & Case LLP.

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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

Green Car Congress

The new capital will be used to support FreeWire’s growth plans as the company accelerates commercial deployments of its battery-integrated ultrafast EV charging technology and increases manufacturing capacity to meet growing global customer demand, including high priority markets such as the UK, Canada, Japan, and Australia/New Zealand.

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Johnson Controls files petition to dissolve Li-ion battery JV with Saft

Green Car Congress

JCI) has filed a petition with the Delaware Court of Chancery to dissolve Johnson Controls-Saft Advanced Power Solutions LLC (JCS), the automotive Li-ion battery joint venture between Johnson Controls and Saft. Neither Johnson Controls-Saft, nor any of its subsidiaries, are an active party to the legal action. Earlier post.)

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Valence Technology settles patent dispute With Hydro-Québec

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Li-ion battery maker Valence Technology, Inc. The market has recognized the ability of phosphate-based lithium ion technology to meet the growing demand for reliable, high-performance energy storage in transportation, grid and commercial applications. —Robert L. Kanode, Valence president and CEO.

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MIT study attributes > 50% of Li-ion rapid cost decline to investment in materials & chemistry R&D

Green Car Congress

The cost of Li-ion batteries has plunged some 97% since their introduction three decades ago—a rate similar to the drop in solar panel prices. The contributions of high-level mechanisms to the cost decline of 18650-sized lithium-ion battery cells between the late 1990s and early 2010s. Ziegler et al.

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Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

Because of the support of Tata Motors — the passenger and commercial vehicle business, along with JLR — we were able to build the whole ecosystem for EVs,” he said. Battery packs and BMS Besides Li-Ion cells that are imported from their partner Gotion, TACO has localised the entire battery pack and BMS network.

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