Hyundai to Invest $100 M in Solid-state Battery Developer Solid Energy Updated On Thu, Jul 8th, 2021 by Saurenergy Hyundai Motor Co, a South Korean automotive manufacturer of international repute, will invest USD 100 million in solid-state battery specialist Solid Energy System (SES) corporations, according to recent media reports. The company appears to have signed an equity investment agreement with SES. A spin-off from the Massachusetts Institute of Technology (MIT), Solid Energy has developed a prototype lithium metal […] Read more
Swiss Firm Claims Solid State Battery With 50% Better Environmental Balance Updated On Tue, Jun 1st, 2021 by Saurenergy Swiss Battery Startup High Performance Battery (HPB) claims that it has developed the world’s first solid-state battery whose core – unlike all other solid-state battery projects – is the result of a chemical reaction within the battery. Whereas solid ion conductors are usually inserted into the battery as prefabricated parts, the HPB solid ion conductor […] Read more
Ford and SK Innovation Form JV for EV Batteries in USA Updated On Tue, May 25th, 2021 by Saurenergy Auto major, Ford Motor Company, and South Korean group SK Group’s SK Innovations have announced signing a memorandum of unity (MoU) to form a joint venture for producing electric vehicle (EV)battery cells and array modules, in the USA. The EV battery joint venture would be entitled BlueOvalSK (Ford’s Blue Oval emblem and SK in SK Innovation’s name), […] Read more
Solid Power Raises $130 Million, Ford & BMW Expands Partnership Updated On Tue, May 4th, 2021 by Saurenergy Solid Power, maker of all-solid-state rechargeable batteries for electric vehicles (EVs) has announced raising USD 130 million in investmentments in its Series B. The investment was led by three giants including, Ford Motor Company, BMW Group, and Volta Energy Technologies. Interestingly, Ford and BMW have also extended their partnership into Solid Power to secure and […] Read more
Solid-State Li-ion Battery Firm QuantumScape Issues Q4 Results Updated On Thu, Feb 18th, 2021 by Saurenergy America based solid-state lithium-metal EV battery manufacturer QuantumScape has released its quarter fourth (Q4) and Full Year 2020 (FY20) results for the first time as a publicly-traded company. Interestingly, the fourth quarter of 2020 was historic for the company as it developed its business combination with Kensington Capital Acquisition on November 25, 2020, and became […] Read more
Toyota-Panasonic JV to Begin Production of Prismatic Lithium-ion Batteries Updated On Wed, Oct 7th, 2020 by Saurenergy Prime Planet Energy a JV of Toyota and Panasonic, has announced it will begin production of prismatic lithium-ion batteries for hybrid vehicles in Japan Prime Planet Energy & Solutions, a joint venture (JV) company of Toyota Motor Corporation and Panasonic, has announced that it will begin production of prismatic lithium-ion batteries for hybrid vehicles in […] Read more
Researchers at IIT Madras Develop Feasible Alternatives to Li-ion Batteries Updated On Fri, Sep 11th, 2020 by Saurenergy A team of researchers at IIT Madras has made significant advances in developing alternatives to conventional Li-ion batteries for industrial usage. The Indian Institute of Technology Madras (IIT-M) has announced that a team of researchers has made significant advances in developing alternatives to conventional lithium-ion (Li-ion) and lead-acid batteries for industrial usage. Such advances are crucial as India is aiming to achieve 40 […] Read more
Toyota, Panasonic Form JV Specialising in Prismatic Batteries Updated On Mon, Feb 3rd, 2020 by Saurenergy Toyota and Panasonic have decided to establish a JV specialising in automotive prismatic batteries with Toyota holding a majority 51 percent stake. Toyota Motor Corporation and the Panasonic Corporation have announced that they have decided to establish Prime Planet Energy & Solutions, a 51:49 joint venture (JV) specialising in automotive prismatic batteries. Toyota owns a […] Read more
Market Consolidation will Promote R&D and Growth of Solar: Heraeus Updated On Fri, Jun 7th, 2019 by Saurenergy Heraeus Photovoltaics has stated that there is strong evidence that the PV market continues to outperform forecasts. Additionally, current industry consolidation will actually set the stage for a period of high-impact, uncapped innovation. Those insights were some of the major themes of an industry briefing by Heraeus Photovoltaics President Martin Ackermann at the 2019 SNEC […] Read more
