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New Renault-Nissan-Mitsubish venture fund to invest up to $1B over five years; 1st investment in Ionic Materials for solid-state electrolyte

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Renault-Nissan-Mitsubishi launch ed Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. Low cost precursors. Higher energy density chemistries can now be developed and brought to market effectively. mS/cm at room temperature.

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Hyundai invests in solid-state battery materials startup Ionic Materials

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Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, is investing in Ionic Materials , a privately held battery materials developer based in Massachusetts, to advance the development of battery technology and improve EV performance with solid-state battery innovation. Low cost precursors.

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Hyundai invests in solid-state battery materials startup Ionic Materials

Green Car Congress

Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, is investing in Ionic Materials , a privately held battery materials developer based in Massachusetts, to advance the development of battery technology and improve EV performance with solid-state battery innovation. Low cost precursors.

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Li-ion startup Cadenza Innovation raises $5+M in oversubscribed Series A; ex Boston Power team

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Cadenza Innovation is bringing to market a low-cost and high-performance technology platform—cell design and housing—for licensing to lithium-ion battery manufacturers worldwide. Non-expanding cells and no cascading result in space effective and low cost module designs.

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Report: Sumitomo to begin selling fuel cells for commercial vehicles with US Hybrid

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The plates employed a unique method of adding low-cost alloy elements into the molten steel, resulting in the dispersion of highly conductive metal inclusions throughout the steel, thereby delivering the needed electrical conductivity. Sumitomo worked with British start-up ACAL Energy Ltd. earlier post ).

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DOE to award $35M to 24 projects to support early-stage, innovative technologies and solutions in advanced manufacturing

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AK Steel Corporation. AK Steel Corporation’s Research & Innovation Center will conduct alloy design, lab validation, manufacture, and testing of novel low density steels that possess mechanical properties exhibited by currently available advanced high strength steels. Boston Electrometallurgical Corporation. Organization.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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These 32 demonstration projects, which include large-scale energy storage, smart meters, distribution and transmission system monitoring devices, plug-in vehicles, and a range of other smart technologies, will act as models for deploying integrated Smart Grid systems on a broader scale. NSTAR Electric & Gas Corporation (MA).