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Sylvatex developing new lower-cost CAM manufacturing process for Li-ion batteries

Green Car Congress

The company has also received additional grant financing from the National Science Foundation, the US Department of Energy, and others. Improvements to the manufacturing of CAM are critical to meeting the long-term demand for batteries and exceeding EV automakers’ cost reduction targets.

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Syzygy Plasmonics raises $23M Series B to electrify chemical manufacturing; photocatalytic reactor for hydrogen production

Green Car Congress

Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.). of global greenhouse gas (GHG) emissions.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

The company cited their move to Chevy’s new Ultium electric vehicle platform that will be featured in the new Blazer EV, Silverado EV, and Equinox EV, and the need to shift manufacturing resources towards other models as reasons for the discontinuation. Clean Vehicle Assistance Program. Clean Cars 4 All. That’s where EV Life can help.

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FREYR Battery sanctions construction of its inaugural gigafactory, increases plant capacity to 29 GWh; $1.7B capital cost

Green Car Congress

FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway. In addition, FREYR had $523 million of cash on its balance sheet as of 31 March 2022, and currently has multiple grant applications pending decision.

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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

The company selected the Bridgeport Industrial Park site based on key operational, logistical, and financial criteria, including the suitability of the site to co-locate modular upstream and downstream projects with the Giga America cell manufacturing facility. FREYR evaluated 163 potentials sites in 25 states. billion through 2029.

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BMW expects to have solid-state battery in a demonstrator vehicle well before 2025; IPCEI grants

Green Car Congress

We want to significantly increase the energy density of the cells and reduce the costs of material use and production at the same time. With the Neue Klasse, the BMW Group is aiming at the level of state-of-the-art internal combustion engines in terms of range and manufacturing costs. Earlier post.).

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

A key change will need to take place in how the costs of transport are internalized, as the wider costs to society arising from road accidents, poor health, social impacts and environmental degradation, often described as the ‘external' costs, are currently excluded from the price that transport users confront.