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Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake

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million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. Together with Connected Energy, we will minimize the environmental impact of the batteries that have powered Volvo Group vehicles. The investment came as part of a £15-million (US$18.4-million) million) round.

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

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Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The already good traffic connection will be further optimized by a possible rail connection. The converter is scheduled to start operations in 2024.

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First carbon-neutral lithium extraction project to start in Germany

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EIT InnoEnergy, the European innovation engine for sustainable energy, announced a partnership with Vulcan Energy Resources Limited (Vulcan), a start-up lithium exploration company, to produce the world’s first completely carbon-neutral lithium in Germany. —CEO of EIT InnoEnergy Germany, Christian Müller.

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Vopak and Hydrogenious to form JV for hydrogen storage, transport and supply using liquid organic hydrogen carrier

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Vopak and Hydrogenious LOHC Technologies will incorporate an equal shared joint venture, named LOHC Logistix, for hydrogen storage, transport and supply based on Hydrogenious’ Liquid Organic Hydrogen Carrier (LOHC) technology. Hydrogenious supplies the Hydrogen Refueling Station Erlangen in Germany via LOHC—a worldwide novelty.

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Northvolt to build third gigafactory in Germany

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Northvolt intends to establish a battery gigafactory in Heide, Schleswig-Holstein, northern Germany. With an annual potential production capacity of 60 GWh, Northvolt Drei will deliver a supply of sustainably produced lithium-ion batteries to the European market, sufficient for some one million electric vehicles.

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Germany approves Mercedes-Benz and Bosch driverless parking system for commercial use

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This process relies on the interplay between the intelligent infrastructure supplied by Bosch and installed in the parking garage and Mercedes-Benz automotive technology. The basis for the approval is a law that came into force in Germany in July 2021, which permits driverless driving in accordance with SAE Level 4 for motor vehicles.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. —Matthew Lumsden, CEO of Connected Energy.

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