Battery recycling and manufacturing company Ascend Elements (formerly known as Battery Resourcers) is planning to open a battery recycling plant in Georgia by August of 2022, where it will recycle lithium, cobalt and nickel. The company plans to invest $43 million in the 154,000-square-foot facility, which will be able to process 30,000 metric tons of… Read more »
Search Results Found For: "battery plant"
Exec leaves Tesla to lead new Volvo/Northvolt battery factory in Sweden
By all accounts, Tesla’s battery tech is superior to anything currently available to the legacy automakers. So, if you can’t beat ‘em, what do you do? You join ‘em—or poach some of their battery talent to lead your own efforts. Battery developer Northvolt was founded in 2017 by two Tesla alums who were involved in… Read more »
Li-Cycle to operate battery recycling facility at Ultium Cells factory in Ohio
Battery recycling firm Li-Cycle expects to begin operating a battery recycling facility in Warren, Ohio in early 2023 as part of its hub-and-spoke model. Li-Cycle will install and operate its proprietary Spoke technology and equipment on the site of the Ultium Cells battery manufacturing megafactory, which is currently under construction. Its output will be black… Read more »
Battery recycler Lithion raises $99 million, inks Korean licensing deal
Battery recycling technology company Lithion has raised 125 million Canadian dollars ($99 million US) in a Series A funding round, and has granted construction and manufacturing firm IS Dongseo the exclusive right to use its lithium-ion battery recycling technology in the South Korean market. Canada-based Lithion will use the funding on a separation plant, a… Read more »
Panasonic to start producing 4680 battery cells for Tesla in 2023
Tesla’s new 4680 cell features a new chemistry that promises to boost efficiency and reduce costs. Now Panasonic says it is investing heavily in the development of the new cell, and plans to start mass production as early as 2023. The new cell is about twice the size of Tesla’s current 2170 cell, but has… Read more »
Factorial Energy raises $200 million for solid-state battery tech
Massachusetts-based solid-state battery developer Factorial Energy raised $200 million in a Series D funding round from Mercedes-Benz and Stellantis. It will use the funding for research and development, commercial production and the deployment of batteries with its Factorial Electrolyte System Technology (FEST) electrolyte. While Stellantis announced 2026 as its goal for introducing the first competitive… Read more »
Primobius and Stelco partner on EV battery recycling in North America
Primobius has reached an option and licensing agreement with Stelco Holdings to commercialize Primobius’s proprietary EV battery recycling and processing technologies in North America. Operations are expected to begin in 2023. Germany-based Primobius is a joint venture of Neometals and the German engineering company SMS group to commercialize the recycling of lithium-ion batteries. Canada-based Stelco… Read more »
Albemarle to use 6K’s UniMelt plasma tech for lithium battery materials
Specialty chemicals firm Albemarle has signed a joint development agreement with materials management specialist 6K to use 6K’s patented UniMelt plasma technology to develop lithium battery materials. Albemarle has also made an undisclosed investment in 6K through venture capital firm Volta Energy Technologies. UniMelt is a microwave-controlled plasma technology, and Albemarle says a 16 GWh… Read more »
GM and POSCO Chemical to open cathode materials processing plant in North America
GM has announced a plan to work with global materials firm POSCO Chemical on a battery material processing facility in North America, which is scheduled to open in 2024. POSCO Chemical manufactures anode and cathode materials. GM plans to use the battery materials processed with POSCO for the cells it plans to produce at its… Read more »
Volkswagen Group announces three major new battery initiatives
Automakers that are serious about producing EVs understand that they need to build new supply chains, including major battery manufacturing capacity and secure sources of raw materials. The Volkswagen Group has been steadily turning up the voltage, raising its planned investment in EV and self-driving technologies to 73 billion euros ($86 billion) over the next… Read more »