Ascend Elements, a battery recycling company, has raised $162 million in equity investments from Just Climate, Clearvision Ventures and IRONGREY, bringing its 12-month funding total to $704 million. The new funding will be used to advance construction of the company’s Apex 1 plant in Hopkinsville, Kentucky. The 1-million-square-foot plant, which is scheduled to open in… Read more »
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Video: Unico introduces new EV cell formation and test channels
EV test solutions provider Unico unveiled its new BAT300 Series, designed for use in cell formation and testing, at the International Battery Seminar this week. The BAT300 Series, based on the Unico IDAC power platform, is a compact, all-in-one solution (480 VAC to DC) designed to minimize energy consumption while maximizing testing efficiency. Unico’s Don… Read more »
MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation
Q&A with MP Materials’ Matt Sloustcher. There’s much hand-wringing in the press these days about battery raw materials such as lithium, cobalt and nickel. However, save some of your anxiety for rare earth materials. These elements (which are not particularly rare, but seemed so to the scientists who named them back in the 18th century)… Read more »
GM says equipping the next-gen Chevy Bolt EV with LFP batteries will save billions
EV enthusiasts were disappointed at GM’s decision to discontinue the popular (if a bit dull) Chevy Bolt EV last year. In hindsight, the move may have been premature—the new Ultium EVs that were supposed to replace the Bolt in GM’s lineup have been delayed, causing the company to post embarrassingly low EV sales figures for… Read more »
GM insiders explain why Ultium EV production stalled
As the popular narrative has it, GM, Ford et al are walking back on their electrification plans because EV sales have slowed. Seldom mentioned in the headlines is the fact that GM and others have very few EVs for sale at the moment, and have fallen way behind their putative schedules for releasing new models…. Read more »
Volvo CE and Mack Trucks deliver electric excavator and refuse truck to Florida waste hauler
Volvo Construction Equipment and Mack Trucks, both Volvo Group companies, recently delivered an electric excavator and an electric refuse truck to Boca Raton, Florida-based Coastal Waste & Recycling, which has 25 locations in Florida, Georgia and South Carolina, and operates more than 700 vehicles. Coastal is piloting a 23-ton Volvo EC230 Electric excavator at a… Read more »
How Umicore is ensuring sustainability in the North American EV battery chain
Q&A with Umicore’s Robert Privette Umicore traces its roots to a Belgian mining company formed in 1906. Since then, it has moved on from mining to a variety of high-tech pursuits including refining, recycling and the manufacture of specialized metal products. Today it’s one of Belgium’s largest companies, and has a strong presence in e-mobility,… Read more »
DOE releases $131 million in funding for EV batteries and other transport-related projects
The latest round of funding to be announced by the US Department of Energy’s Vehicle Technologies Office includes support for a wide range of projects designed to advance low-carbon transportation technologies, including several EV-related initiatives. A big chunk of the money—$60 million—will go to the United States Advanced Battery Consortium to further develop pre-competitive vehicle-related… Read more »
Veolia completes refuse truck vehicle-to-grid trial in the UK
Veolia, a water, energy and waste recycling services multinational headquartered in France, has presented the results of a successful vehicle-to-grid (V2G) trial that enabled two specially designed bidirectional vehicles to be charged and then to discharge 110 kW of energy, or enough to power 110 households for over two hours during peak evening hours. Turbo… Read more »
Phoenix completes purchase of Proterra’s electric transit vehicle business
Proterra’s filing for Chapter 11 bankruptcy protection took the EV industry by surprise, but the blow was softened by the company’s plan to sell off its business units: Proterra Powered (powertrain and battery technology); Proterra Transit (electric buses); and Proterra Energy (charging infrastructure). In November, the Volvo Group was selected as the winning bidder for Proterra Powered…. Read more »
