Q&A with Smartville CEO and co-founder Antoni Tong What do EV batteries have in common with athletes and politicians? Once they age out (or get voted out) of their positions, they have the opportunity to have a lucrative (and in the case of batteries, useful) second career. Repurposing depleted EV batteries for stationary storage applications… Read more »
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CATL launches fast-charging LFP battery, to start mass production this year
CATL, the world’s largest EV battery maker and a major Tesla supplier, has launched a new lithium iron phosphate (LFP) battery that it claims can add 248 miles of range in 10 minutes of charging. The company says its new Shenxing battery (named for an ancient Chinese phrase having to do with speed) will deliver… Read more »
CATL’s new 500 Wh/kg battery could enable electrification of passenger aircraft
At this week’s Auto Shanghai, CATL announced a new battery technology that it says offers sufficient energy density to enable the electrification of passenger aircraft. CATL says its new condensed battery will offer specific energy (energy stored per unit of weight) of up to 500 Wh/kg, as well as “a high level of safety,” and… Read more »
Redwood Materials to receive $2-billion DOE loan, begins production of anode foil
Redwood Materials, the battery recycling firm headed by Tesla alum JB Straubel, has received conditional commitment for a $2-billion loan from the DOE’s Loan Program Office as part of the Advanced Technology Vehicles Manufacturing Loan Program (ATVM). Redwood will draw upon this financing in tranches to support the phased construction and expansion of its battery… Read more »
A closer look at graphite—its forms, functions and future in EV batteries
Q&A with Graphex CEO John DeMaio Reading the EV press, you might assume that lithium, cobalt and nickel are the stars of the battery show—they get a lot of coverage, as pundits debate the relative merits of NMC and LFP cathode chemistries and agonize over looming shortages. Meanwhile, over in the anode, there’s an unsung… Read more »
Automobili Estrema’s electric hypercar does 0-200 mph in 10 seconds
The area around Modena, Italy has a long history of producing some of the world’s most famous and prestigious cars. A new resident of this storied region is Automobili Estrema, which was founded in 2020 by industry veteran Gianfranco Pizzuto, and counts several other illustrious automotive professionals among its execs. For its first product, the… Read more »
Adamas Intelligence says LFP cell deployment is up 237% in H1 2022
The latest biannual report on the global EV market from Adamas Intelligence highlights expanding EV sales, as well as the growing popularity of LFP battery chemistries, in the first half of 2022. In the first half of 2022, 6.23 million new passenger EVs were registered around the world—an increase of 42% compared to the same… Read more »
Redwood Materials to supply cathode material to Panasonic’s new US battery plant
JB Straubel’s Redwood Materials will supply remanufactured battery cathode material to Panasonic, beginning in 2025, for a new factory the Japanese battery-maker is currently building in Kansas. Panasonic’s $4-billion factory, which is said to be larger than Tesla’s Nevada Gigafactory, is expected to begin production of 2170-format cylindrical cells by March 2025. Spurred by the… Read more »
AM Batteries secures $25 million in Series A financing for its dry-electrode technology
AM Batteries (AMB), a pioneer in lithium-ion dry-electrode technology, has closed a $25-million Series A financing round led by Anzu Partners. Other investors include TDK Ventures, Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, VinFast, Doral Energy-Tech Ventures, and Creative Ventures. AMB will use the funding to expand its team and accelerate its commercialization efforts,… Read more »
BMW says its next-gen cylindrical battery cells will deliver huge performance gains
The BMW Group has confirmed that it will switch from prismatic battery cells to cylindrical cells for its next-gen Neue Klasse [New Class] architecture. The automaker says the new cell format, combined with improved chemistry and a new kind of battery pack, will deliver better performance, lower costs, and a smaller environmental footprint from battery… Read more »