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Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery Technology

Electric Cars Report

Stellantis Ventures, the corporate venture fund of Stellantis N.V., announced its participation as a strategic investor in Tiamat, a France-based company that is developing and commercializing sodium-ion battery technology. Sodium-ion technology offers a lower cost per kilowatt-hour and is free of lithium and cobalt.

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Stellantis invests in affordable sodium-ion battery technology

Teslarati

Stellantis Ventures became a strategic investor of France-based Tiamat, which is developing and commercializing sodium-ion battery technology. Stellantis Ventures is the corporate venture fund of the legacy automaker. Sodium-ion technology is free of lithium and cobalt and costs less per kilowatt-hour.

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Mercom Capital Group: Battery storage, smart grid & efficiency companies raise $3.2B in funding in Q3 2020; up 165% QoQ, 777% YoY

Green Car Congress

Global corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in Q3 2020 came to $3.2 Despite COVID-19, total corporate funding for the Battery Storage, Smart Grid, and Energy Efficiency sectors in 9M 2020 was 75% higher with $4.7

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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

Green Car Congress

According to the report, global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2019 was 18% lower with $2.3 In 2019, VC funding into Battery Storage companies increased by 103% to $1.7 billion compared to $2.8 billion raised in 2018.

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Haldor Topsøe acquires 18% of Na-ion battery company Faradion Ltd

Green Car Congress

Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

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TerraPower closes $750M fundraise; SK invests $250M

Green Car Congress

TerraPower, a nuclear innovation company, has closed an equity raise that yields a minimum of $750 million. The Natrium technology has a 345MW sodium fast reactor coupled with a molten molten salt integrated energy storage system that will provide clean, flexible energy and stability for the grid. The fundraise was co-led by SK Inc.

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Hyundai Motor and Kia collaborate with Next Hydrogen to develop advanced alkaline water electrolysis system

Green Car Congress

Hyundai Motor Company and Kia Corporation have signed a memorandum of understanding with Canada-based Next Hydrogen Corporation, a specialist in water electrolysis technology and a subsidiary of Next Hydrogen Solutions Inc., Today it is expensive and time consuming to produce clean hydrogen.

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