Search Results Found For: "LG Chem"

Sion Power launches large-format cell production line to advance its battery commercialization

US EV battery developer Sion Power has installed a new large-format battery cell production line, developed in partnership with Mühlbauer Group. The cells demonstrate the scalability of the company’s lithium anode technology for EV manufacturers and represent a step toward commercializing its Licerion battery. Licerion doubles energy density compared with graphite and silicon anode chemistries,… Read more »

Syensqo signs €150 million in Solef PVDF contracts for battery binder materials

Belgian multinational materials company Syensqo signed long-term contracts worth 150 million euros during the first quarter of the year for the supply of its battery-grade Solef Polyvinylidene Fluoride (PVDF) to automotive original equipment manufacturers and battery makers. Solef PVDF, a thermoplastic fluoropolymer, provides superior separator-electrode adhesion and binder performance, delivering durable, high-performance and safe batteries… Read more »

Sion Power advances Licerion battery commercialization with production line

US battery technology developer Sion Power has taken a step toward commercializing its Licerion battery technology by installing a new large-format battery cell production line, which it developed in partnership with Germany’s Muhlbauer. The new fully automated manufacturing line will be capable of producing 75 MWh of 56 Ah lithium metal cells annually. It will… Read more »

Forge Nano raises $40 million to scale US battery manufacturing and semiconductor equipment businesses

Forge Nano, which is developing US battery and semiconductor production, has closed a $40-million funding round to expand its manufacturing capacity. The funding was co-led by investment firm RockCreek and Ascent Funds, a US-based energy technology fund. Additional participants included Top Material, Orion Infrastructure Capital and Forge Nano’s existing investors. The company has now raised… Read more »

GM says its new LMR batteries will “change the outlook for the EV market”

GM and its battery partner LG Energy Solution have introduced a new type of battery cell that they say will enable EVs with “an attractive combination of long range and low cost.” The GM/LG joint venture Ultium Cells aims to start commercial production of LMR (lithium-manganese-rich) prismatic cells in the US in 2028, and GM… Read more »

Renesas unveils Li-ion battery management platform with pre-validated firmware

Japanese semiconductor firm Renesas Electronics has introduced an all-in-one system for managing lithium-ion battery packs in consumer products, including e-bikes. The Ready Battery Management System with Fixed Firmware (R-BMS F) comes with pre-validated firmware to reduce the learning curve for developers, enabling rapid designs of safe, power-efficient battery management systems. Designed for lithium-ion batteries in… Read more »

Cathode active materials startup ACT-ion raises $7.5 million in funding round

Battery cathode active materials (CAM) startup ACT-ion Battery Technologies has raised $7.5 million in a pre-Series A funding round. The $7.5-million round was led by BASF Venture Capital and included participation from Hunt Energy Enterprises, Mirae Asset Capital, Arosa Capital Management and LG Technology Ventures. ACT-ion will use the proceeds to accelerate its CAM production… Read more »

Why are so many Western battery startups failing?

The US and Europe badly need to start manufacturing battery cells, and break the Chinese dominance of the market. But there’s no joy in Batteryville these days—once-promising startups are failing and/or scaling back their plans. Northvolt, a European company that was founded in 2017, and raised over $13 billion, has struggled for two years to… Read more »

A closer look at Li-ion dry electrode coating technology

The dry electrode coating process has the potential to enable the production of better, greener, more cost-effective batteries. It relies on advanced fluoropolymer binders with Teflon™ For a few years now, Charged has been reporting on how dry electrode coating processes have the potential to revolutionize battery production by eliminating the use of hazardous, environmentally… Read more »

What’s in a name? Mercedes-Benz announces new EV naming conventions 

“What’s in a name? That which we call a rose by any other name would smell as sweet.” Those words, spoken by Juliet in Shakespeare’s great tragedy “Romeo and Juliet,” imply that names are meaningless. But don’t tell a product manager that, especially one in the automotive industry. Car names follow trends in culture and… Read more »