Tozero has raised €3.5 million in a funding round to recover cathode active materials
News Source:- >> | Image Source:- >> Munich-based battery recycling start-up Tozero has raised €3.5 million in a pre-seed financing round led by Atlantic Labs. The emerging firm has developed a novel process to recover critical materials such as lithium, nickel, and cobalt from lithium-ion batteries. The recovered materials...
LG Energy Solution and Honda have announced to establish a joint venture to build a $4.4 billion EV battery plant in the United States
News Source:- >> | Image Source:- >> Korean battery supplier LG Energy Solution Ltd. and Japan’s Honda Motor Co will build a new $4.4 billion lithium-ion battery gigafactory for electric vehicles in the United States. The plant is expected to have an annual production capacity of roughly 40 GWh...
Nexeon has raised over $200 million funding to fund Si-based anode materials manufacturing
News Source:- >> | Image Source:- >> Nexeon, a leading battery materials developer and manufacturer, has raised over $200 million via several investment rounds to accelerate the expansion of its own manufacturing capabilities to mass production of silicon-based anode materials for use in rechargeable Lithium-ion batteries. Lithium-ion is the...
Exponent Energy and Altigreen have partnered for Fifteen minutes fast charging of Three wheelers
News Source:- >> | Image Source:- >> Exponent Energy has partnered with Altigreen Propulsion Labs, a producer of electric commercial vehicles, to facilitate fast charging for e-CVs on Indian roads. The vehicle delivers a city drive range of 80-85 kms and charges up in 15 minutes using 600A of...
Britishvolt has received UK Government Funding for its Battery Cell Giga plant
News Source:- >> | Image Source:- >> Britishvolt has confirmed the funding from UK Government’s Advanced Propulsion Centre’s Automotive Transformation Fund (ATF) to build a £3.8 billion advanced technology battery cell Giga plant in Northumberland. The battery plant will create around 3000 jobs on-site and 5000+ jobs in the...
U.S. Department of Energy set to provide a loan of $2.5 billion to a joint venture of General Motors Co., and LG Energy Solution
News Source:- >> | Image Source:- >> A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Department of Energy (DoE), USA to build battery cell factories for electric vehicles. The fund will be provided...