A Bill Gates-Backed Electric Vehicle Battery Developer Is The Latest Firm To Publicize Its Acquisition
An electric vehicle battery developer financed by Bill Gates and Volkswagen is the latest firm to reveal its intention of undergoing amalgamation through an explicit peculiar acquisition process. QuantumScape, which manufactures vehicle batteries, explained to the public that it would…
California Startup Aims To Tackle Battery Degradation In Electric Cars
Lithium-ion batteries are essential to electric vehicles, but they have drawbacks: They are hard to make and degrade over time. A San Leandro, California-based start-up said it had raised $4 million in funding and is working with German chemical giant…
Magnis Takes Next Step Towards “Six-Minute” Electric Vehicle Battery
Magnis Energy Technologies has taken the next step towards commercializing an electric vehicle battery that can recharge a vehicle in six minutes. The ASX-listed company had revealed in July that it had an electric vehicle battery in development that could…
European Union Adds Lithium To Critical Raw Materials List
The European Union (EU) has added lithium, a key component for batteries in electric vehicles (EVs), to its list of critical raw materials for the first time. The latest announcement was made by the EU Commission, the 27-nation bloc’s executive,…
Oil Major Total, Carmaker PSA Set-Up $6B EV Battery Venture
Supermajor Total continues to invest in clean energy by creating a joint venture with automaker Groupe PSA to manufacture batteries for electric vehicles in Europe—a project expected to mobilize investment of more than US$5.9 billion (5 billion euro). Total, via…
C-MET Seeks Co-funding Partners For Li-ion And Na-ion Battery Cell Manufacturing
The Center for Materials for Electronics Technology (C-MET) has invited Expressions of Interest (EoI) from interested parties for collaboration with the Center of Excellence for rechargeable battery technologies (Pre-cell). The interested parties would include public sector units, private industry, and…
Mumbai’s Epsilon Carbon To Invest $70 Million In Battery Material Manufacturing Facility
Epsilon Carbon, India’s leading coal carbon company, is diversifying into the battery material business to develop and manufacture high performance and quality carbon products for anode components of Lithium Ion Batteries (LiB). The battery materials business is housed under a…
Lithium Australia’s Envirostream To Start Recycling Old Electric Car Batteries
Envirostream Australia, which is 90 per cent owned by Lithium Australia (LIA), has announced it will start recycling electric vehicle (EV) batteries. A transition to electric mobility can help mitigate transport-related carbon emissions and therefore climate change, but there are…
Global Lithium Compounds Market (2020 to 2025)
Growing Demand for Batteries Lithium compounds have been majorly used in lithium-ion rechargeable battery technologies to save and consume energy. Lithium-Ion batteries find their application in electronics such as mobile phones, cameras, laptops, power tools and vehicles amongst others. Lithium-Ion…
Electric Vehicle Battery Thermal Management Systems Market Size Worth To Be $12.1 Billion By 2027
The global electric vehicle battery thermal management systems market size is expected to reach USD 12.1 billion by 2027, registering a CAGR of 28.5% from 2020 to 2027. Increasing adoption of electric vehicles (EVs) across the globe is the primary…
