article thumbnail

Soteria BIG licenses ORNL Li-ion battery safety technology

Green Car Congress

Soteria Battery Innovation Group (BIG) has exclusively licensed and optioned a technology developed by the Department of Energy’s Oak Ridge National Laboratory designed to eliminate thermal runaway in lithium ion batteries due to mechanical damage. —Jianlin Li, a principle investigator of the technology at ORNL.

Li-ion 286
article thumbnail

Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. Since 2017 Farasis has regularly ranked first in terms of shipments of NCM-based Li-ion pouch cells to the Chinese automotive market.

Li-ion 239
article thumbnail

Asahi Kasei to build Li-ion battery separator plant in Canada – Charged EVs

Baua Electric

Japanese chemical company Asahi Kasei will construct an integrated plant in Ontario, Canada for the base film manufacturing and coating of its Hipore wet-process lithium-ion battery separator. Asahi Kasei will invest approximately ¥180 billion ($1.14

Li-ion 52
article thumbnail

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. Global lithium-ion battery capacity is expected to rise up to ten-fold in the next decade. Global lithium-ion battery capacity is expected to rise up to ten-fold in the next decade.

Li-ion 259
article thumbnail

Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

Green Car Congress

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. Group14 Technologies manufactures novel lithium-ion battery materials that boost battery performance. —Bob Lutz, Group14 Board Member.

Financing 243
article thumbnail

Li-ion battery maker Leyden Energy raises $10M in Series C financing; targeting stop-start

Green Car Congress

a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. We believe these breakthroughs will push us to the forefront of the thin mobile consumer electronics market.

Li-ion 240
article thumbnail

SK Innovation to invest $354M to build Li-ion battery separator plant in China

Green Car Congress

million) to build a Li-ion battery separator plant in China. The plant is set to start commercial production in the third quarter of 2020 with an annual capacity of 340 million square meters of polymer lithium-ion battery separator (LiBS) and 130 million square meters of ceramic-coated separator (CCS), SK Innovation said.

Li-ion 236