Green Car Congress

JUNE 1, 2021

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV.

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Energy Storage Czech Republic Energy Battery 397

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. The US Department of Energy (DOE) is awarding a combined $2.8 Earlier post.) Of that, $1.6 Materials Separation & Processing (Cathode Minerals).

Parts 459

Parts Battery Batteries Lithium Ion 459

Green Car Congress

DECEMBER 17, 2020

The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets.

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Battery Batteries Fuel Electric 448

Green Car Congress

APRIL 28, 2021

Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. Ford’s new Battery Benchmarking and Test Laboratory in Allen Park, Mich., This 200,000 sq.-ft.

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Ford Global F-150 Battery 334

Green Car Congress

APRIL 3, 2021

Hercules vehicles will offer integrated solar charging, long-range batteries and optional fuel-cell range-extender options. Hercules is commencing the Series A financing to support product development and add team members; the company currently is scouting locations for production of its components, including solid-state batteries.

Li-ion 365

Li-ion Battery Batteries Lithium Ion 365

Green Car Congress

AUGUST 6, 2020

Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. Access to the program will be on a first-come, first-served basis.

Power 307

Power Powered Battery Batteries 307

Green Car Congress

SEPTEMBER 1, 2021

The South Coast Air Quality Management District (South Coast AQMD) is leading a landmark effort along with the California Air Resources Board (CARB) and the California Energy Commission (CEC) to deploy 100 battery-electric regional haul and drayage trucks across California.

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California Los Angeles North America Battery 334

Green Car Congress

JULY 25, 2023

Austrian Federal Railways (ÖBB) has awarded Stadler a framework agreement for up to 120 battery-powered trains. The signing of the framework agreement and the initial order for 16 FLIRT battery is expected to take place in autumn 2023. Both projects are being financed with EU funds from the National Recovery and Resilience Plan (PNRR).

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Battery Powered Hydrogen Power Powered 351

Green Car Congress

JUNE 28, 2021

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. The first is with Envision AESC —a long-standing partner of Nissan; the second is with Verkor , a Grenoble-based start-up specialized in development of EV battery cells.

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France Battery Batteries Production 334

Green Car Congress

OCTOBER 4, 2020

Soteria Battery Innovation Group (BIG) has exclusively licensed and optioned a technology developed by the Department of Energy’s Oak Ridge National Laboratory designed to eliminate thermal runaway in lithium ion batteries due to mechanical damage. The technology complements Soteria’s existing battery safety technology.

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Li-ion Lithium Ion Battery Batteries 286

Green Car Congress

JANUARY 12, 2021

and TAURON Polska Energia will implement a project titled “Second Life ESS” with the aim to create a prototype system to store electric energy based on retired electric bus batteries. The project is being co-financed by the National Center for Research and Development (NCBiR) in Poland.

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Battery Batteries Energy Storage Lithium Ion 259

Green Car Congress

DECEMBER 5, 2018

a manufacturer and developer of high energy and high capacity lithium-ion batteries, announced that the company is supplying advanced lithium-ion cells to the Airbus Defence and Space Zephyr Program. Silicon anodes have much higher specific capacity compared to graphite anodes which are used in conventional lithium ion batteries.

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Li-ion Lithium Ion Solar Battery Powered 317

Green Car Congress

JUNE 10, 2023

The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power ’s advanced battery cell manufacturing facility in Buckeye, Arizona. million gallons of gasoline per year.

Arizona 300

Arizona Battery Batteries Power 300

Green Car Congress

JUNE 3, 2021

Gentherm, a developer of innovative thermal management technologies, is the lead investor in a seed round of financing in Carrar , an Israel-based technology developer of advanced thermal management systems for the electric mobility market. —Erez Freibach, Co-founder and CEO of Carrar.

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Battery Batteries Israel Polymer 243

Electrek

JUNE 20, 2024

Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project.

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Financing Battery Batteries Energy 140

Green Car Congress

APRIL 6, 2022

million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of battery storage energy, and two Proterra megawatt-scale fleet chargers. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.

Fleet 448

Fleet Purchase North America Energy Storage 448

Green Car Congress

SEPTEMBER 22, 2022

The company has also received additional grant financing from the National Science Foundation, the US Department of Energy, and others. SVX continues to collaborate with battery industry experts and collaborators at the Lawrence Berkeley National Laboratory and Argonne National Laboratory.

Li-ion 259

Li-ion Manufacturer Lithium Ion Battery 259

Green Car Congress

APRIL 27, 2022

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). —Cyrus Rustomji, Ph.D.,

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Lithium Ion Li-ion Commercial Gas 284

Green Car Congress

AUGUST 2, 2022

Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts.

Financing 199

Financing Nissan Electric Vehicles Re-Charge 199

Green Car Congress

SEPTEMBER 24, 2022

GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

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GM Companies Battery Batteries 218

Green Car Congress

MARCH 7, 2021

Finland represents an attractive low risk mining jurisdiction (top five jurisdiction in the Fraser Institute) and has developed a National Battery Strategy that outlines the objectives for the country to become a competitive, competent and sustainable player in the international battery industry.

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Finland Battery Batteries Financing 243

Green Car Congress

NOVEMBER 27, 2021

Cornish Lithium said that securing long-term investment from TechMet is a significant step forward that allows it to accelerate its activities towards creating a domestic supply of lithium and other battery metals for the UK. Cornish Lithium aims to produce battery-quality zero-carbon lithium chemicals directly from the geothermal waters.

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Financing Water Li-ion Lithium Ion 419

Green Car Reports

DECEMBER 1, 2021

Global average battery prices fell 6% between 2020 and 2021, but they might be on the rise going forward, according to Bloomberg New Energy Finance's (BNEF) annual battery price survey.

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Lithium Ion Battery Batteries Financing 218

Green Car Congress

AUGUST 4, 2022

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. The three agencies that took part in the financing are all export credit agencies (ECAs).

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Europe Battery Batteries Financing 210

Green Car Congress

JUNE 2, 2022

The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions. The report also explores whether batteries or fuel cells are the more likely solution for heavy-duty, long-haul freight.

Transportation 473

Transportation Emissions Economy Fleet 473

Green Car Congress

JANUARY 21, 2022

kWh battery pack with an optional second battery for an 80 mile range, the District is manufactured using innovative processes such as laser cutting and CNC sheet bending, which reduce production time while enhancing quality and durability. Powered by a single hot swap CORE 1.8 —Scott Colosimo.

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Motorcycles Cleveland Production Tax Credit 435

Green Car Congress

JUNE 11, 2021

billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. Northvolt announced the signing of a $2.75-billion Goldman Sachs Bank Europe SE and Morgan Stanley & Co.

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Manufacturer Battery Batteries Sweden 243

Green Car Congress

NOVEMBER 12, 2020

With a usable battery capacity of 67 kWh, E-Transit will deliver an estimated range of 126 miles in the low-roof cargo van variant. The E-Transit battery is located underneath the vehicle body, providing up to 487.3 These features can help maintain fleet driving standards and help improve driver confidence.

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Ford Battery Batteries Fleet 269

Green Car Congress

JULY 23, 2022

However, Eve Energy will own 66% of the rights to sell the JV’s products; EVE says this is conducive to its continuous improvement of the battery raw material industry chain layout. This will include medium-term bills, short-term financing bonds and ultra-short-term financing bonds.

Energy 199

Energy Financing Battery Batteries 199

Green Car Congress

JULY 1, 2023

Iveco Group is licensed to access freely and continue developing vehicle control software for the jointly developed battery-electric (BEV) and fuel-cell-electric (FCEV) trucks. Iveco Group N.V.

Europe 395

Europe North America Financing America 395

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

JUNE 20, 2022

Enel X, Enel's subsidiary dedicated to innovative products and services, together with EV maker Arrival, have entered into a partnership to test the battery-electric bus in Italy. The aim is to foster the growth of electrified public transport globally through increasingly high-performance and competitive solutions.

Italy 433

Italy Electric Electrical Financing 433

Green Car Congress

NOVEMBER 17, 2021

Titan Advanced Energy Solutions, a pioneer in ultrasound-based battery management solutions, announced a $33-million Series B financing led by HG Ventures, the corporate investment arm of The Heritage Group. Our ultrasound-based technology spans the battery life cycle. This works very well for determining the SoC of a battery.

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Li-ion Energy Lithium Ion Battery 218

Green Car Congress

JUNE 12, 2022

With 624 kWh of batteries installed, Scania provides the means for a major shift regarding electric trucks and their operability in regional long-haul operations. A 4x2 tractor will need an axle distance of 4,150 mm when carrying six batteries, thus benefiting from the Increased Vehicle Dimension regulation in Europe. Scania-45-R-BEV.

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Electric Electrical Financing Maintenance 434

Green Car Congress

APRIL 27, 2022

TWAICE, a battery analytics company, has secured $30 million in additional Series B financing led by global investment firm Coatue. Current demand for high-performance battery technologies is driven by the acute need for reliable renewable energy storage and the move to all-electric line-ups by automotive manufacturers globally.

Battery 195

Battery Batteries North America Chicago 195

Green Car Congress

NOVEMBER 10, 2020

Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. The Workhorse C-1000 all-electric truck offers a lightweight design, creating maximum range from modular battery packs. Workhorse Group Inc. —Workhorse CEO Duane Hughes.

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Purchase Companies Financing Electric 418

Green Car Reports

DECEMBER 8, 2022

EV battery costs have soared in 2022 due to rising raw material and battery component prices, according to a Bloomberg New Energy Finance (BNEF) report. The volume-weighted average for lithium-ion battery pack prices reached $151/kwh this year, a 7% increase over 2021, according to the report.

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Affordable Lithium Ion Battery Batteries 179