Search Results Found For: "battery recycling"

Ascend Elements wins $320-million grant to build pCAM battery materials plant in Poland

Poland’s Ministry of Economic Development and Technology has offered Ascend Elements up to 1.22 billion Polish złoty ($320 million US) to support construction of a precursor cathode active material (pCAM) manufacturing facility in the country. pCAM is a high-value, precisely engineered material used in the manufacture of lithium-ion batteries. Ascend Elements plans to commercialize its… Read more »

Libattion opens battery upcycling facility in Switzerland

Zurich-based Libattion provides large-scale stationary energy storage systems made from used and surplus EV batteries. The company has opened a new battery upcycling production facility in Biberist, near Zurich. The new plant is designed for an annual capacity of 500 MWh by 2026, and has the potential to scale up to 1 GWh. The 7,000-square-meter… Read more »

CATL and NIO reach strategic cooperation on battery swapping

Chinese battery manufacturer CATL has signed a strategic cooperation agreement with EV manufacturer NIO to jointly build a battery swap network and promote the unification of industry technical standards. The companies aim to build a battery swap network for passenger cars and promote the popularization and upgrading of battery swap services. CATL will support the… Read more »

SK On and SK Enmove showcase battery immersion cooling

South Korean battery and trading company SK On is showcasing advanced thermal management technology with lubricant supplier SK Enmove. The immersion cooling technology for EV batteries circulates electrically insulating thermal fluids inside the battery pack to effectively dissipate heat. Since the coolant directly contacts the battery cells, it can more effectively suppress temperature rise compared… Read more »

Vesco Clean Energy launches to service EV charging stations and provide battery managment

Vesco Clean Energy, a sister company of Vesco Oil, has launched to supply battery management services for companies across the US as well as EV charging systems in the Midwest. As part of the launch, the new company has opened a facility for battery management in Grand Rapids. Michigan. The site is focused on battery sorting,… Read more »

Eleven companies join project to demonstrate optimized battery production for EVs

Eleven companies will jointly present their battery cell production project, demonstrating a model production process to scale and optimize robot-assisted production of EV battery cells and packs. Bosch Rexroth, DBR77, EDAG, FANUC, Fraunhofer FFB, IBG, KEYENCE, Lenze, Mybotshop, SCHUNK and Vision Lasertechnik will show how different technologies interact to make production processes scalable and increase… 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 »

Circunomics raises €8 million for its battery lifecycle management solution 

German start-up Circunomics, which is developing a battery lifecycle management system, closed an €8-million Series A financing round in December 2024. The company promotes the circular economy for lithium-ion batteries by “advancing internationalization and developing new digital services.” Circunomics provides a lifecycle management system featuring a digital business-to-business (B2B) marketplace and analytics that cover the… Read more »

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