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Honda battery leasing venture sets stage for more affordable EVs

Green Car Reports

Battery leasing has long been considered as a way of helping make EVs more affordable, and it appears that Honda is embarking on a business venture that might allow that idea to be scaled up. The joint venture company called Altna, announced Thursday, has been formed as a 50/50 venture between Honda Motor Co. Combining.

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Stellantis-CATL battery partnership seeks affordable EVs for Europe

Green Car Reports

Stellantis and battery supplier CATL on Tuesday signed a memorandum of understanding that could pave the way for more affordable EVs in Europe. The non-binding memorandum outlines the supply of lithium iron phosphate (LFP) battery cells and modules by CATL to Stellantis for European production within an unspecific timeframe.

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GM invests in AI and battery materials company Mitra Chem; advanced iron-based CAMs

Green Car Congress

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries.

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Stellantis invests in affordable sodium-ion battery technology

Teslarati

Stellantis Ventures became a strategic investor of France-based Tiamat, which is developing and commercializing sodium-ion battery technology. It named Tiamat as one of 11 top-performing technology startups, honoring the French company with the Stellantis Ventures Award in 2023. Sodium is also available abundantly around the world.

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Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery Technology

Electric Cars Report

announced its participation as a strategic investor in Tiamat, a France-based company that is developing and commercializing sodium-ion battery technology. Stellantis Ventures, the corporate venture fund of Stellantis N.V., Sodium-ion technology offers a lower cost per kilowatt-hour and is free of lithium and cobalt.

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Tesla shares battery info on upcoming affordable compact vehicle

Teslarati

The company shared battery information about its upcoming Tesla compact vehicle in Master Plan Part 3. Tesla revealed that one of its next-generation vehicles will be a compact car using lithium iron phosphate cells in a 53 kWh battery pack. 2 , an affordable compact EV around the same price range.

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Solid-state sodium battery company LiNa Energy closes £3.5M funding round

Green Car Congress

Solid-state sodium battery company LiNa Energy ( earlier post ) has closed out a £3.5-million LiNa Energy, a spin-out from Lancaster University, established in 2017, is commercializing a safe, cobalt- and lithium-free solid-state sodium battery. Now with over 20 staff, LiNa Energy works at the cutting-edge of battery technology.

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