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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

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Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

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Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. Earlier post.)

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Amprius and DOE mutually agree to end negotiations for cost-sharing grant for gigawatt-scale plant

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Amprius’ current level of battery performance demonstrates that the company has the capability to deliver battery cells using its proprietary anode technology that have a specific energy and energy density that approach 2X the performance of graphite cells currently available for purchase.

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Stellantis joins Forvia and Michelin as equal shareholder in hydrogen company Symbio

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purchase in Symbio, a leader in zero-emission hydrogen mobility. Acquiring an equal stake in Symbio bolsters Stellantis’ position in hydrogen-powered vehicles by supporting the fuel cell van production in France, and it also serves as a perfect complement to the company’s growing battery electric vehicle portfolio. Stellantis N.V.

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Germany approves €900M for green hydrogen project H2Global

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The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. This means that hydrogen or hydrogen derivatives are bought cheaply on the world market and sold at the highest bid in the EU. The contracts are processed via the intermediary HINT.CO.

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LG Energy Solution investing $1.7B to quintuple battery plant capacity in Michigan

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The two companies have a longstanding relationship, and GM acted as a key partner in bringing LG to Michigan in 2010. The company has had a presence in Holland since 2010 when it built its first EV battery plant in the US and now has 1,495 employees in Michigan. million; and.

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Germany providing another €100M to subsidize private charging stations; €500M total

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Purchase and installation of the wallboxes are supported with a grant of €900. The enormous demand for the 900-euro grant shows that we are spot on with our program. The grant is a flat rate of €900 per charging point. If the total costs of the project fall below the grant amount, no funding will be granted.

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