The Tech

Niron Magnetics raises $21 million to commercialize rare earth-free magnets

Niron Magnetics has raised $21.3 million in new financing from the Volvo Cars Tech Fund and Volta Energy Technologies. Existing investors include Anzu Partners and the University of Minnesota. Niron will use the funding to build a pilot production facility in Minnesota. Niron’s Clean Earth Magnet technology eliminates the need for rare earth minerals in… Read more »

LiquidPiston runs hybrid X-Engine on hydrogen

LiquidPiston has released a video with Warped Perception demonstrating its X-Engine’s ability to run on hydrogen gas. This is the sixth fuel variation that has been shown to power the engine, along with gasoline, propane, kerosene, diesel and jet A fuel. LiquidPiston modified its 4.5-pound X-Engine to run on hydrogen. The engine was then installed… Read more »

LG Electronics and Magna announce powertrain joint venture

LG Electronics and Magna International have established a joint venture to manufacture e-motors, inverters and on-board chargers. The new company, LG Magna e-Powertrain, will be headquartered in Incheon, South Korea, and is expected to have more than 1,000 employees in the US, South Korea and China.  Powertrain development will be based on Magna’s electric powertrain… Read more »

Hyundai and LG to build battery plant in Indonesia

Hyundai Motor Group and LG Energy Solution have announced a Memorandum of Understanding with the Government of Indonesia to manufacture battery cells for EVs.  Hyundai and LG will invest a total of $1.1 billion to build a jointly-owned battery cell plant in Karawang, Indonesia. Plant construction is scheduled to begin in the fourth quarter of… Read more »

Rolls-Royce to develop aviation energy storage

Rolls-Royce will develop energy storage systems (ESS) meant to enable zero-emissions flights of over 100 miles. The company plans an £80 million investment in ESS over the next decade. ESS products from Rolls-Royce will power electric and hybrid-electric propulsion systems for eVTOL (electric vertical takeoff and landing) and commuter-market fixed-wing aircraft with up to 19… Read more »

Keysight launches battery test system using high voltage SiC technology

Keysight Technologies has announced a new test system for high-voltage battery packs (up to 1,500 volts). The Scienlab SL1700A Series uses silicon carbide (SiC) technology, which Keysight says will boost efficiency and energy recovery.  The system gives users control of the climate chamber, conditioning of the device under test, and the battery management system. Analysis… Read more »

DOE awards $43 million to support battery manufacturing innovations

The DOE has announced a new $42.3-million funding opportunity (DE-FOA-0002553) to support manufacturing innovations for energy technologies to drive reductions in carbon emissions.  The latest FOA is focused on three topic areas: Manufacturing process innovation, including drying process improvements, advanced tooling solutions and sustainable chemistry practices; Advanced materials manufacturing, including the development of aluminum-cerium alloys… Read more »

Gaussin and Microvast to build batteries for road truck skateboards

Gaussin and Microvast are working together to integrate Microvast’s new generation of batteries with Gaussin’s electric skateboard and hydrogen applications. Gaussin’s skateboard platform is designed for hydrogen or battery-electric Class 8 tractors and trucks from 18 to 44 tons. Target customers include traditional truck manufacturers, body builders and autonomous navigation software companies.  The hydrogen version… Read more »

Group14 Technologies and SK materials to build factory for lithium-silicon battery materials

Group14 Technologies has announced a joint venture with SK materials to build a factory for lithium-silicon battery materials in South Korea. SK materials will invest $52 million in the development of the materials manufacturing hub, which is expected to launch in 2022. Group14’s new JV will enable dual sourcing for its lithium-silicon technology both from… Read more »