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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

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Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. Since 2017 Farasis has regularly ranked first in terms of shipments of NCM-based Li-ion pouch cells to the Chinese automotive market.

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American Battery Technology Company receives $2M USABC award to demo integrated Li-ion battery recycling technologies

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The program’s focus is to demonstrate that battery-grade metals can be manufactured from recycled materials at lower cost, lower environmental impact, and with higher domestic US sourced content than conventional virgin sourced metals. USCAR is the collaborative technology company of Ford Motor Company, General Motors, and Stellantis.

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USABC awards $919,000 Li-ion active material coating technology assessment contract to Physical Sciences; EV requirements

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The United States Advanced Battery Consortium LLC ( USABC ), a subsidiary of the United States Council for Automotive Research LLC (USCAR), and a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, has awarded a $919,000 contract to Physical Sciences Inc.

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USABC awards $5.48M Li-ion PHEV battery technology development contract to Johnson Controls

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The United States Advanced Battery Consortium LLC (USABC), an organization whose members are Chrysler Group LLC, Ford Motor Company and General Motors, has awarded a $5.48-million million lithium-ion battery technology development contract to Johnson Controls Inc.

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6 DOE-funded applied battery research projects targeting Li-ion cells with >200 Wh/kg for PHEVs and EVs

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ABR, noted Peter Faguy, the DOE manager of the applied battery research program, during his presentation at the Annual Merit Review in Washington, DC, is the difficult regime between the discovery of materials and their application in batteries that can be commercialized. Envia is leading a $3.8-million Kepler, DOE AMR 2014 Project ES2013.

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Li-ion Startup ActaCell To Receive Up to $1M Through the Texas Emerging Technology Fund

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ActaCell, a Li-ion battery spin-off from the University of Texas at Austin, was selected by the state of Texas, through the Austin Chamber of Commerce and the Central Texas Regional Center of Innovation and Commercialization (CenTex RCIC), to be awarded investment by the Texas Emerging Technology Fund (ETF). Earlier post.)

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A123 Systems acquires lithium titanate and Li-imide electrolyte technology from Leyden Energy; micro-hybrid focus

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A123 Systems LLC, a developer and manufacturer of advanced lithium-ion batteries and systems, has acquired Leyden Energy’s intellectual property in battery materials covering lithium titanate (LTO) and non-flammable electrolyte (Li-imide) developments for an undisclosed amount. Earlier post.)