Remove Cost Of Remove Financing Remove Grant Remove Supplies
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Sylvatex developing new lower-cost CAM manufacturing process for Li-ion batteries

Green Car Congress

Advanced materials technology company Sylvatex (SVX) announced a new proprietary waterless production method that delivers premium EV-grade cathode active materials (CAM) at lower costs and that allows for a broader material input supply base to enable demand growth. SVX recently closed a Series A funding of $8.4

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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

billion based on visibility from export credit agencies, multilateral development finance institutions and commercial banking partners, exceeding management’s leverage target for the $1.7 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 initial phase of Giga America is planned to be a cell production module of approximately 34 GWh based on the next-generation of 24M’s US-based SemiSolid production platform at an initial projected capital cost of $1.7 billion through 2029. According to Rystad Energy, to satisfy a 1.6-degree

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Failure to equalise VAT on public charging a missed opportunity

My Energi

Citing concerns surrounding ‘additional pressure on public finances’ and ‘limitations surrounding legal and fiscal considerations’, ministers also rejected calls to reinstate EV purchase grants – a scheme that proved vital in supporting the growth of the electric car market before its closure in June 2022.

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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.).

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Li-ion maker Electrovaya plans acquisition of plant with 0.5 GWh capacity

Green Car Congress

Financing is planned through debt and grants. Products from this captive plant will now be expanded to broader markets including utilities, energy storage of wind and solar, aerospace, micro-grids, marine and automotive industries while maintaining supply to its present customer.

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Reducing EVSE Install Costs with Early Planning

Setec Powerr

Electric vehicle charging infrastructure, or EVSE (electric vehicle supply equipment), is a crucial aspect of the transition to electric transportation. However, the cost of installing electric vehicle supply equipment can be a barrier for individuals, businesses, and communities looking to switch to electric vehicles.