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Volvo Cars Tech Fund makes strategic investment in extreme fast charging battery company StoreDot

Green Car Congress

Volvo Cars, through the Volvo Cars Tech Fund, has made a strategic investment in StoreDot, the pioneer of extreme fast charging technologies for electric vehicles. The investment gives Volvo Cars the opportunity to collaborate closely with StoreDot on new battery technology, as it aims to become a pure electric car company by 2030.

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Rock Tech Lithium to build Europe’s first lithium converter in Germany

Green Car Congress

Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. The property owners are at arm’s length to Rock Tech.

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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

Green Car Congress

Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley.

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Volvo Cars opens new Tech Hub in Singapore

Green Car Congress

Volvo Cars is opening a new Tech Hub in Singapore, a global hotspot for advanced technology and manufacturing excellence. The new Tech Hub will be a key center for data and analytics, software and advanced manufacturing development in line with Volvo Cars’ ambition to be a leader in new technology and a fully electric car maker by 2030.

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E-Tech Resources expands mineral landholdings at the Eureka REE Project in Namibia

Green Car Congress

E-Tech Resources, a rare earth exploration and development company developing its Eureka Rare Earths Project in Namibia, has entered into a definitive agreement to acquire an 85% interest in exclusive prospecting license 8748 (EPL 8748). EPL 8748 (165.2

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. —Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund.

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Rock Tech Lithium signs MoU with Romanian Government for second lithium hydroxide plant

Green Car Congress

Canada-based Rock Tech Lithium has signed a non-binding Memorandum of Understanding (“MoU”) with the Government of Romania. The Rock Tech converters produce lithium hydroxide in three steps: pyro-processing, hydro-processing and purification. Rock Tech owns its own mine in Canada. —Rock Tech’s Chairman, Dirk Harbecke.

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