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Rio Tinto makes US$10M strategic equity investment in Nano One; strategic partnership on cathode materials

Green Car Congress

The technology applies to all lithium-ion battery chemistries for applications in electric vehicles, renewable energy storage and portable electronics. Nano One will issue to Rio Tinto 1,000,000 non-transferrable Share purchase warrants (a “Warrant”) as consideration for their technical and support services.

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Nemaska Lithium reports construction and planing on schedule at both mine site and electrochemical plant; agreement with LG Chem

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Our conversations with end users suggest the market for battery grade lithium hydroxide and lithium carbonate remains very tight. Prior to the most recent project financing, about CAD80 million had already been invested in the Whabouchi site construction and preparation. Further to the recent completion of a CAD1.1-billion

Financing 150
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A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123

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A123 Systems expects the full investment from Wanxiang will provide it with the capital necessary to strengthen its competitive position in the global vehicle electrification and grid energy storage markets. Lazard served as financial advisor to A123 for the above-described transactions.

Convert 231
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A123 Systems in non-binding MoU with Wanxiang for strategic investment of up to $450M; Wanxiang would own up to 80% of A123 common stock

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Wanxiang’s proposed investment in A123 is intended to create the capital structure necessary for the company to continue growing its core businesses, and alignment with Wanxiang is also expected to substantially strengthen A123’s access to the growing vehicle electrification and grid-scale energy storage markets in China.

2012 273
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ZENN Motor Increases Stake in EEStor to 10.7%; EESU Production Prototype Promised by End of 2009

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ZMC) increased its equity investment in energy storage developer, EEStor, Inc. The EEStor EESU—a high-power-density multi-layered barium titanate ceramic ultracapacitor—is expected to provide energy densities of more than 450 Wh/kg and more than 700 Wh/L; charge in minutes; and have extremely long life. with an additional US $5.0

ZENN 170
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EU Industry Ministers Call for Harmonized EV Charging and Safety Standards by Mid-2011

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Stressed the need to focus on research excellence in order to ensure that alternative powertrains receive targeted research financing, including innovative energy storage and conversion technologies, such as batteries, fuel cells and the necessary respective infrastructure.

2011 210
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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

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Stationary Fuel Cells and Hybrid Transit Buses Incremental Costs: The purchase of diesel-electric hybrid transit buses and stationary fuel cells for use in the statewide bus system in Connecticut. Statewide Paratransit Bus Hybrid Program: Purchase 31 paratransit hybrid buses to replace 31 gas and diesel vehicles.

Emissions 256