Remove Fleet Remove Nauru Remove Range
article thumbnail

Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

Green Car Congress

The estimated resource on the seafloor in the exploration contract areas held by the company’s subsidiaries is sufficient for 280 million EVs—a quarter of the global passenger car fleet. Ranging from 2-10 cm in diameter, the nodules are easy to handle. Seafloor polymetallic nodule. Source: DeepGreen.

Companies 418
article thumbnail

Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

It's like picking up golf balls on a driving range," says CFO Craig Shesky. The company's robotic collector will inch along the seafloor, shooting out jets of seawater at the nodules, gently dislodging and suctioning them up.

Battery 142