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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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Fortum Battery Recycling exploring new hub devel­opment in Germany

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Fortum Battery Recycling has started to examine the feasibility of installing a production facility for sustainable secondary battery materials in the industrial area of Artern, Thuringia, Germany. The industrial area of Artern/Thuringia is located in the middle of Germany, with short distances to the central battery and automobile companies.

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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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Germany putting another €300M into EV charging infrastructure

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The new funding program complements BMVI’s funding concept for the overall charging infrastructure system in Germany: This includes private charging at home and at the employer. The 1,000-location program, for which BMVI has now passed the fast-charging law in the cabinet, forms the basis for a fast-charging network for all of Germany.

Germany 333
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Aral to build more than 100 350kW ultra-fast charging points at retail sites in Germany

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Following a successful 12-month pilot project at five of its retail sites, Aral, bp’s market leading fuel retail brand in Germany, is set to roll out more than 100 ultra-fast charging points across its retail network in Germany over the next 12 months.

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

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Germany is adding another €100 million to its successful promotion of private charging stations for electric cars in residential buildings, bringing the total to €500 million. Electrical connection. Purchase and installation of the wallboxes are supported with a grant of €900. —Federal Minister of Transport Andreas Scheuer.

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