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Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million

Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […]

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KoBold Raises Over $190 M to Source Metals for EV Batteries

Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […]

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C4V Introduces Advanced LiSER Technology in India

Charge CCCV (C4V), the U.S based battery technology provider, introduces LiSER battery technology in India. Lithium slim energy reserve (LiSER), a unique cell technology platform brings a revolutionary cell technology platform to address the challenges including supply chain, cost, and battery performance. The firm claims that LiSER’s solid structural design and industry-leading low carbon footprint enhance […]

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Novel Recycled Lithium Ion Batteries Outperform New Ones

Just when the demand for lithium ion batteries are skyrocketing for their immense use in the consumer world today and the industry is struggling hard to find lithium and other minerals’ sources on the planet, it has been found that recycling lithium ion batteries may well be better than creating new ones. A research published […]

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IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […]

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IEEE Expert Insights -Tech That Paved the Way For E-Bike Boom

Millions of people across the world bought bicycles during the pandemic. For some, they were merely a means of going from point A to B without having to deal with the big crowds often present inside bus or train stations. For others, they were a form of recreation. While bikes have served us well over […]

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American Manganese Secures Patent in India for Li-ion Battery Recycling

The Indian Patent Office has issued Patent No. 380826 for the American Manganese’s first patent invention regarding lithium-ion battery recycling, the company announced in a recent statement. The patent covers core process functions in the company’s RecycLiCo process that can achieve up to 100% leach extraction of lithium, cobalt, nickel, and manganese from the treatment of […]

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Li-ion Battery Pack Prices to Fall Below $100/kWh by 2024: BNEF

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, finds a new report from BloombergNEF (BNEF). This is a 6% drop from $140/kWh in 2020. By 2024, average pack prices should be below $100/kWh, predicts the report. BNEF’s 2021 Battery Price Survey explains […]

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Mitra Chem Raises $20 M Series A to Fund Li-ion Battery Materials R&D

Mitra Future Technologies (Mitra Chem), a North American producer of lithium-ion battery materials, has announced the completion of a $20 million Series A round that was led by Social Capital, a California investment firm. The firm plans to use the capital from the round to invest in product R&D and expand North American pre-pilot production […]

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