Sion Power, a developer of next-generation batteries for EVs, has secured $75 million in Series A funding. The round was led by battery manufacturer LG Energy Solution, and included participation from Euclidean Capital and Hillspire. Sion Power’s Licerion technology uses compression in a lithium metal battery to enhance safety, lifetime and recharging rates. Sion has… Read more »
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Cirba Solutions helps Toyota expand battery recycling network to nationwide program
Toyota Motor North America is expanding its battery recycling network with Cirba Solutions, a battery recycling materials and management company. The agreement expands Toyota’s battery recycling network and optimizes its logistics network for end-of-life lithium-ion battery collection from Midwest and East Coast regions, including those from hybrid and battery EVs. Processing will take place at… Read more »
6K Energy wins $50-million DOE grant for PlusCAM battery material production plant in Tennessee
6K Energy, a provider of critical materials for lithium-ion batteries, has won a $50-million grant from the DOE’s Office of Manufacturing and Energy Supply Chains for its PlusCAM battery material production plant located in Jackson, Tennessee. The company will apply the 50 big ones to the estimated $200-million construction cost for the factory. The PlusCAM… Read more »
Toyota to source recycled EV battery components from Redwood Materials
Redwood Materials, the battery recycling company founded by Tesla co-founder JB Straubel, is focused on two of the most critical battery components: cathode active materials (CAM) and anode copper foil. Together, these two components account for the majority of the cost of a battery cell, the company explains, and at the moment, they are produced… Read more »
Altilium works to transform mine tailings into valuable EV battery materials
UK-based clean technology group Altilium has secured over £700,000 in UK government funding for two collaborative research projects focused on the recovery of copper and rare earth elements (REE) from mine waste. Building on previous work to recover lithium and other battery materials from end-of-life EV batteries, Altilium is partnering with CPI and the Camborne… Read more »
Stellantis and Orano enter EV battery recycling agreement
Automaker Stellantis and nuclear energy company Orano have signed a memorandum of understanding to form a joint venture to recycle EV batteries and scrap. Stellantis will have access to cobalt, nickel and lithium from gigafactories in Europe and North America for electrification and energy transformation. The joint venture will produce “black mass” or “active mass.”… Read more »
Battery additive Trinohex Ultra approved for REACH expansion in Europe
Ascend Performance Materials, a US-based materials manufacturer, has received approval of a new electrolyte additive for lithium-ion batteries to increase its imports into the EU. Trinohex Ultra is approved for import into the EU in quantities up to 100 metric tons annually under REACH, the regulation for registration, evaluation and authorization of chemicals in the… Read more »
Umicore expands its EV battery materials production with CAM and pCAM plant in Ontario
Umicore, a Belgian metal technology company, is building a 35 GWh equivalent battery materials production plant in Loyalist, Ontario, for the North American EV battery industry. The federal and provincial governments have agreed to directly provide Umicore with €1.27 billion in co-funding. Using precursor cathode active material (pCAM) and CAM, critical components for battery performance,… Read more »
Researchers develop a new approach for EV battery recycling
Researchers at Chalmers University of Technology in Sweden have developed a new approach to recycling metals from used EV batteries. The method recovers 100% of the aluminum and 98% of the lithium from EV batteries, according to the researchers. In traditional aqueous-based recycling, all EV battery metals are dissolved in inorganic acid to remove impurities… Read more »
Battery makers seem to be okay with an EV production slowdown
The news that GM, Ford and other automakers plan to slow down production of EVs in response to slower sales growth (EV sales grew by only 50 percent last quarter) was like an early Christmas for the various varieties of EV-haters. For most of us in the EV industry, it was more like a visit… Read more »