POSCO Chemical, a global materials firm, has announced a binding supply agreement with GM for high-nickel cathode active material (CAM). POSCO will provide 13,770 billion Korean won (about $10 billion) worth of CAM from 2023 to 2025. POSCO plans to produce the CAM at its Gwayngyang facility in Korea. The GM and LG Energy Solution… Read more »
Search Results Found For: "battery plant"
OneD raises $25 million in Series C funds, enters R&D agreement with GM
GM and OneD Battery Sciences will cooperate to research the possible use of OneD’s silicon nanotechnology in GM’s Ultium cells. Meanwhile, OneD has raised $25 million in Series C funding from investors including GM Ventures and Volta Energy Technologies. “Given a licensing business model and low operational costs, Series C funds will be used to… Read more »
Cadillac’s ambitious move to an all-electric luxury brand by 2030
The car that once advertised itself as “The Standard of the World” will go all-electric. Can the US luxury brand reinvent itself for a modern era…and for China? Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. It’s a… Read more »
Ionic MT says its nano-silicon can replace graphite in EV batteries, improving performance
Battery material technology company Ionic Mineral Technologies has emerged from stealth mode to debut its halloysite-derived nano-silicon, Ionisil, which is meant to be used as a drop-in replacement for graphite in lithium-based batteries. Ionic MT is a vertically-integrated producer of nano-silicon, which it says can enable significantly longer range and faster charging for EVs. The… Read more »
Keliber verifies its ore for lithium hydroxide production
Keliber, a Finnish mining and battery chemical company, has completed a pilot-scale test to verify the behavior of its ore at all stages of the lithium hydroxide production process. In a 400-hour long pilot-trial, ore from the company’s Rapasaari deposit in Finland was used to make lithium hydroxide at Metso Outotec’s demonstration plant in Pori,… Read more »
Stora Enso and Northvolt partner to develop wood-based batteries
Just as you’ve always suspected, the powers that be have been keeping a cheap miracle technology from us—batteries can be made not from scarce and expensive minerals, but from wood! Well, not exactly. But in fact, lignin, a plant-derived polymer, is a renewable source of carbon, and two European firms have launched a project that… Read more »
Nissan exec: EV batteries lasting longer than predicted
If you use social media, you probably see a never-ending stream of “articles” insisting that EV batteries wear out in a few years, making the cars worthless, that they can’t be recycled, they’re full of poisonous chemicals, yada yada yada. That would be news to Nissan’s UK Marketing Director Nic Thomas. “Almost all of the… Read more »
Global Emerging Markets to invest $450 million in EnergyX for lithium production
Lithium and battery technology startup Energy Exploration Technologies (EnergyX) has announced investment of $450 million from investment firm Global Emerging Markets. The proceeds will be used to further the company’s commercialization efforts. EnergyX offers a proprietary Lithium Ion Transport and Separation (LiTAS) technology that uses membranes, membrane modules and electrodialysis units for lithium production. “EnergyX… Read more »
Dodge to retire gas-powered Challenger and Charger
What will be the “EV tipping point” that marks the beginning of the end of the Oil Age? Of course, there won’t be any one dramatic tipping point, but rather a long series of milestones, and some of the most visible of these will be the end of production of iconic gas-powered models. Dodge parent… Read more »
Pilot project upcycles graphene oxide from end-of-life EV batteries
Graphmatech has announced that a pilot project with Graphenea and Northvolt has upcycled graphene oxide from end-of-life EV batteries. “Producing graphene oxide from end-of-life batteries makes the entire graphene value chain more sustainable and cost-effective,” says Graphenea Advanced Materials CEO Jesus de la Fuente. “This breakthrough uses the material left after Northvolt has extracted valuable… Read more »