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lithium ion

ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations

Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […]

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Solid State Batteries Get A Vote of Confidence With $200 Million For Factorial Energy

Massachusetts, US based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and Stellantis. The startup said that the money will help commercialise its solid state batteries for use in EV’s and more faster. Factorial Energy has developed a 40 Ah version of solid-state […]

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The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion

When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […]

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LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact

The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […]

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Scientists Design Lithium-air Batteries for Commercial Use in EVs, Drones

The demand for the development of rechargeable batteries with high energy densities has been increasing in recent years. Although lithium-air batteries represent great potential theoretically to be employed in electric vehicles, drones and other storage applications that demand high energy, they haven’t yet demonstrated the requisite efficiency and cycle performance to be commercialised for practical use. […]

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Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff

In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […]

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Swedish Battery Developer Northvolt Produces its 1st Li-ion Cell

Northvolt, a Swedish battery developer and manufacturer that specializes in lithium-ion technology for electric vehicles, recently commissioned its Northvolt Ett gigafactory in northern Sweden, leading to the assembly of its first li-ion battery cell. Marking a new chapter in European industrial history, the cell is the first to have been fully designed, developed and assembled at a […]

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Bluetti Unveils ‘World’s 1st Sodium-Ion Solar Generator’

Solar equipment manufacturer Bluetti announced “the world’s first sodium-ion solar generator” — NA300 and its compatible battery module B480 — on its social media handle last month. Sodium-ion batteries have become a cynosure as an alternative to their lithium-ion counterparts in many industries due to their high abundance and low costs, states the company. The […]

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Amara Raja To Invest €10 million In EV Battery Specialist Inobat Auto

India’s second largest battery maker, Amara Raja Batteries is investing €10 million in InoBat Auto, a Norway based firm focused on research and development in the field of batteries for electric vehicles and production of lithium-ion battery cells as well as tailored and customs cells. The investment will be in the form of a subscription […]

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