FREYR Battery is replacing its plan to build two gigafactories with a plan to build a single gigafactory which increases capacity by 150%. The estimated construction cost will be $1.7 billion. “FREYR is increasing the nameplate capacity of Giga Arctic to 29 GWh in response to improving battery supply-demand dynamics, ongoing commercial success, significant progress… Read more »
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Group14 raises $400 million for silicon-carbon battery materials factory in US
Silicon-carbon battery tech supplier Group14 Technologies has raised $400 million in Series C funding, which it plans to use to open its second battery active materials factory in the US. The plant will produce the company’s proprietary SCC55 lithium-silicon battery material for Porsche subsidiary Cellforce Group, which will use it to begin producing battery cells… Read more »
Britishvolt wants to build battery gigafactories around the world
Battery “gigafactories” are under construction all over the world—and none too soon. As EV sales grow, it is critical to establish local battery production and shorten supply chains. However, state-of-the-art cell packaging and chemistries are evolving quickly these days. How will cell manufacturers future-proof their cell production facilities? How flexible will these new plants be… Read more »
Over 300 battery gigafactories in the global pipeline
As EV demand steadily grows, automakers and their suppliers are wisely hustling to increase battery production capacity—preferably close to their auto plants and markets. Benchmark Mineral Intelligence reports that there are currently over 300 battery gigafactories in the construction or planning stages around the world. This represents some 6,388 GWh worth of battery capacity, a… Read more »
Statevolt to build 54 GWh battery gigafactory in California
Startup Statevolt, a sister company of Britishvolt and Italvolt, plans to invest $4 billion to construct a new battery factory in California’s Imperial Valley. The new company’s team will take advantage of “previous learnings in gigafactory design and engineering,” as well as “an ecosystem of established project development partners.” Statevolt is currently searching for the… Read more »
Envision AESC to build 30 GWh battery gigafactory in Kentucky
Japanese battery technology company Envision AESC has announced that it will invest $2 billion to build a new battery gigafactory in the Kentucky Transpark in Bowling Green. The new plant will cover approximately 3 million square feet, and will produce battery cells and modules for “multiple global automotive manufacturers.” It’s expected to have an annual… Read more »
Safe Battery Systems: Innovative Materials As A Key Factor For Battery Systems
Passenger safety is key to the mass adoption of EVs. Therefore, high demands are placed on the battery system today and in the future. Materials, for example for Thermal Propagation Prevention, are unavoidable. The short-term goal here is to maximise the evacuation time of the vehicle occupants in the event of a battery fire. The… 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 »
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 »