Natron Energy, Inc., a global leader in sodium-ion battery technology, has unveiled plans to establish the United States’ first gigafactory dedicated to sodium-ion batteries. Located in Edgecombe County, North Carolina, the nearly $1.4 billion investment will enable the production of 24 gigawatts (GW) of Natron’s cutting-edge batteries annually. This new facility represents a 40-fold increase […]
Contemporary Amperex Technology Co., Limited (CATL) has launched NING Space, the world’s pioneering new energy experience centre, in Chengdu, Sichuan Province. This cutting-edge facility, the result of a collaboration between various car manufacturers and local authorities, aims to transform consumer interactions with electric vehicles (EVs) through a comprehensive “view, select, use, and learn” experience. The […]
Volkswagen Group’s battery company PowerCo and QuantumScape have announced an agreement to mass-produce QuantumScape’s next-generation solid-state lithium-metal battery technology. This strategic collaboration marks a significant advancement in electric vehicle (EV) battery technology and industrial production. Under the terms of the non-exclusive license agreement, PowerCo will have the capacity to manufacture up to 40 gigawatt-hours (GWh) […]
Enevate, a leader in battery innovation for electric vehicles (EVs) and other markets, has recently unveiled a significant production license agreement with CustomCells, a renowned German battery cell manufacturer. This collaboration is set to commercialize and scale-up Enevate’s innovative silicon-dominant XFC-Energy battery technology, propelling advancements in transportation, mobility, and various product applications. CustomCells: A Catalyst […]
Gelion (AIM: GELN), a leading Anglo-Australian battery innovator, has conditionally agreed to acquire the entire issued share capital of UK-based lithium-sulfur (LiS) battery technology developer, OXLiD, for an aggregate consideration of up to approximately £4.2 million. This move marks a significant step in Gelion’s strategy to expand its reach in the electric aviation (including drones […]
FranklinWH Energy Storage Inc., a front-runner in whole-home energy management, announced a pivotal $25 million in Series B funding led by Particle Future. This substantial investment aims to accelerate FranklinWH’s growth and cement its role as an innovative leader in offering whole-home energy freedom across households in the United States and Puerto Rico. Addressing the […]
General Motors (GM) made a significant move in the electric vehicle (EV) sector, announcing today its acquisition of most of the assets of ALGOLiON, a battery software startup based in Israel. The specifics of the transaction, including the acquisition amount, were not disclosed. The acquisition was facilitated by General Motors’ Technology Acceleration and Commercialization (TAC) […]
Himadri Speciality Chemical, an Indian specialty chemical conglomerate, has made an investment of AUD 10.32 million in Sicona Battery Technologies, an Australian startup specializing in high-capacity silicon anode technology for lithium-ion batteries. This investment marks a substantial leap forward in the development of cutting-edge battery materials and reinforces the critical role of Sicona Battery Technologies […]
Stellantis, in collaboration with TotalEnergies and Mercedes-Benz, celebrated the inauguration of Automotive Cells Company’s (ACC) battery gigafactory in Billy-Berclau Douvrin, France. This marks the first of three planned battery gigafactories in Europe and represents a significant step towards advancing electric vehicle (EV) technology. The newly inaugurated ACC battery gigafactory boasts an initial production line capacity […]
Sakuu Corporation, a sustainable battery technology provider, will become a publicly traded company, following a business combination agreement with Plum Acquisition Corp. I, a special purpose acquisition company (SPAC). Post-closing, the combined entity will be renamed Sakuu Holdings Inc. and is anticipated to be traded on a US national exchange. Sakuu’s existing equity holders are […]