Umicore has announced that it holds a stake in solid-state battery specialist Solid Power, following Solid Power’s announcement of its intent to become a publicly listed company. Umicore built its stake through earlier Series A and B investment rounds. Solid Power also counts Ford, BMW, Hyundai and Samsung among its investors. The company claims that… Read more »
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Solid Power unveils all-solid-state platform technology
Solid Power, a producer of all-solid-state EV batteries, has unveiled details of its all-solid-state platform technology and the three battery designs it enables. The company also announced the transition of its high-content silicon all-solid-state battery to its Colorado-based production line. Solid Power’s proprietary sulfide solid electrolyte powers the all-solid-state platform, which can enable both high-content… Read more »
Former EPA exec surveys the road ahead for US emissions standards
Q&A with former EPA exec Margo Oge Federal emissions and fuel economy regulations have been instrumental in encouraging (or coercing) automakers to produce EVs, and to make their legacy vehicles cleaner. Since President Nixon signed the Clean Air Act in 1963, federal regulations aimed at reducing air pollution have gradually grown stronger. Under President Obama,… Read more »
German firms plan to exploit massive lithium deposits beneath the Rhine
Geologists have estimated that an area in the Upper Rhine Valley, in the Black Forest area of southwestern Germany, holds enough lithium for more than 400 million electric cars, making it one of the world’s biggest deposits. The trove could reduce the reliance of the German car industry on imported lithium. The European Commission estimates… Read more »
Wildcat develops new device to measure battery electrode thickness during cycling
Wildcat Discovery Technologies, a creator of high-throughput methods to rapidly design new battery materials, has developed a new Linear Displacement Measurement (LDM) Device that measures small thickness changes in pouch cells during cycling. Developed in partnership with BMW, Wildcat’s LDM capability allows new cell performance feedback as parts of projects with its collaboration partners. Measurements… Read more »
New Chinese Mini EV flying off the lots
Bring the prices of EVs down, and people will buy. That’s the latest lesson from China, where customers took delivery of an astonishing 200,000 Wuling Hongguang Mini EVs in the vehicle’s first 200 days of production. According to the Asian auto industry gurus at ZoZo Go, it’s the strongest product debut in the history of… Read more »
Formula E electric racing begins first season as an FIA world championship in Saudi Arabia
Formula E, the urban electric racing series, begins its seventh season, and its first as an official FIA World Championship, on February 26 and 27, with a nighttime double header on the streets of Diriyah, Saudi Arabia. This season’s events will be broadcast live in over 150 countries around the world. Formula E has inked… Read more »
Tesla may get $1.2 billion worth of German subsidies
The European Commission recently approved a multinational project to support battery innovation, which will involve 42 companies, including several automakers. One of those automakers is Tesla, which may receive a cool billion euros ($1.2 billion) in public funding from the federal government of Germany and the state of Brandenburg, the site of the company’s Gigafactory… Read more »
European Commission approves €2.9 billion in funding for comprehensive battery project
The European Commission has approved a second Important Project of Common European Interest (IPCEI) to support innovation throughout the battery value chain. The European Battery Innovation project calls for 12 member states—Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden—to provide up to €2.9 billion in funding in the coming years…. Read more »
Sila Nanotechnologies raises $590 million in funding
Sila Nanotechnologies, a maker of battery materials, announced that it raised $590 million in Series F funding at a $3.3 billion post-money valuation. The new funding comes as the first Sila Nano-powered batteries prepare to ship in consumer devices and the company scales up production. Sila Nano will use the funds to develop a new… Read more »