News

January 1, 2019

24M Raises $21.8 Million to Accelerate SemiSolid Battery Development

Cambridge, Massachusetts-based 24M has raised $21.8 million in Series D funding, which it will use to accelerate production of its SemiSolid lithium-ion cells for the EV market. Ceramics manufacturer Kyocera and global trading firm Itochu led the financing round. Previous investors, including North Bridge Venture Partners, also participated. 24M introduced […]
December 26, 2018

LISA Project Aims to Develop Li-S Battery Cells with Solid-state Non-flammable Electrolytes

Lithium-sulfur is seen as one of the most promising chemistries for the next generation of batteries, and the UK battery firm OXIS Energy has been developing the technology for some time. Now OXIS has announced that it will be one of 13 European partners in the Lithium Sulfur for Safe Road Electrification […]
December 13, 2018

SK Innovation Announces New Battery Manufacturing Plant in Georgia

Battery developer SK Innovation plans to invest $1.67 billion to build a new EV battery manufacturing plant in Georgia. The new plant will be located in Jackson County, Georgia, and is expected to create more than 2,000 jobs. Construction will occur in two phases, beginning in early 2019. The SK […]
November 5, 2018

OXIS Steadily Boosts Energy Density of its Lithium Sulfur Cells

Battery developer OXIS Energy has created a 425 Wh/kg, 16 Ah lithium sulfur (Li-S) cell for High Altitude Pseudo Satellites (HAPS), and is working towards a 450 Wh/kg cell design at the end of this year. The company has its sights set on 500 Wh/kg by the end of 2019. “At 425 […]
October 30, 2018

Lithium Werks Receives €1.6-billion Investment to Construct Battery Cell Factory in China

Battery specialist Lithium Werks has signed a €1.6-billion agreement with the Zhejiang Jiashan Economic and Technological Development Zone to construct a 60-hectare (nearly 150-acre) battery cell factory in the Yangtze Delta in China. This is the beginning of a 15-20 year plan to construct several large factories globally. The factory’s production […]
October 30, 2018

Industrial pilot for megawatt-scale PV, lithium and flow battery storage completed in Belgium

‘Europe’s largest’ energy storage pilot project at an industrial site, combining 2MWp of rooftop solar with a total of 4.2MWh of energy storage across a lithium-ion battery system and two flow batteries has been inaugurated in Belgium. The distributed resources have been integrated into the microgrid ‘MiRIS’ (‘Micro Réseau Intégré […]
October 29, 2018

German Federal Government Invests In Solid State Battery Research

The German Federal Ministry of Education and Research (BMBF) is flexing its investment muscles and dumping 16 million euros into the research of next generation solid state batteries, according to a recent press release from the group. “If we want people to take advantage of the opportunities offered by electromobility, we need […]
October 29, 2018

LG Chem Hosts $1.9-million Battery Innovation Competition

LG Chem has announced a $1.9-million startup contest it calls The Battery Challenge. The competition is intended as a springboard for new concepts and partnerships in four categories: Battery Material, Battery Management and Control, Design, Manufacturing and Processing and Recycle and Regeneration. Applications are being accepted until November 2. Teams must submit […]
October 17, 2018

Tesla Buys Land for Chinese Factory

Tesla has acquired a 210-acre piece of land in the Lingang region of Shanghai for its planned Gigafactory 3. No price has been announced. Lingang is located on the coast, about 47 miles from the center of Shanghai. Several automakers with foreign connections have facilities there, and unmarked test vehicles […]
October 12, 2018

Groupe Renault Launches Stationary Energy Storage System Using EV Batteries

Groupe Renault has launched a stationary storage system for energy developed exclusively from EV batteries. Renault’s Advanced Battery Storage will eventually have a storage capacity of at least 60 MWh, provided by 2,000 EV batteries – equivalent to the daily consumption of 5,000 households. The first facilities will be developed […]
September 20, 2018

Solid Power Announces $20 Million in Series A Funding

Colorado-based Solid Power, a manufacturer of all solid-state batteries (ASSB), has secured $20 million in a Series A investment round. Investors include Hyundai CRADLE, Samsung Venture Investment, Sanoh Industrial, Solvay Ventures, and A123 Systems. Solid Power will use the new funds to scale up production via a multi-MWh roll-to-roll facility, which […]
September 20, 2018

Electric Tractors Have Advantages Over Diesels

Electric tractors have a number of advantages over their diesel counterparts. Most importantly, they don’t produce CO2 emissions or other air pollution directly. It’s true that the electricity they use is sometimes generated by natural gas or other fossil fuels — or a blend of energy sources — but eventually, […]