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Elon Musk considers South Korea for next Tesla Gigafactory location: report

Teslarati

South Korea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered South Korea one of the top candidates for a Tesla factory in Asia, reported Reuters.

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Aqua Metals and Yulho form strategic partnership for sustainable lithium battery recycling in S Korea

Green Car Congress

Li-ion battery recycling technology company Aqua Metals ( earlier post ) entered into a strategic partnership with Yulho Co., a storage solution and battery materials company based in South Korea. For the equity investment, Yulho has agreed to the purchase of approximately 4.5

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Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

Green Car Congress

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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Asia-Pacific countries now hold four of the top 10 places in terms of energy transition investment levels, with India and South Korea joining China and Japan. The report also finds that climate-tech corporate finance totaled $165 billion in 2021. Germany, the U.K. degrees of global warming.

Carbon 418
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Vulcan Energy signs binding offtake agreement with LG Energy for lithium hydroxide

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Vulcan Energy Resources, the company developing Zero Carbon Lithium projects to produce both renewable geothermal energy and lithium hydroxide for electric vehicles from the same deep brine source in the Upper Rhine Valley, Germany, has signed a binding lithium hydroxide offtake agreement with LG Energy Solution (LGES).

Energy 150
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Karamba Security raises $10M in new funding; round led by VinFast

Green Car Congress

Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing. Investors in the round were motivated by Karamba’s strong customer base and leadership in IoT and automotive security.

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Tesla (TSLA) stock pops, but is this the end of the slide?

Teslarati

After rumors indicated Canada would likely be the place Tesla built its next Gigafctory, Musk reportedly indicated South Korea is a market the company could entertain as a new manufacturing location. Elon Musk considers South Korea for next Tesla Gigafactory location: report.