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Rock Tech Lithium to build Europe’s first lithium converter in Germany

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Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. The converter is scheduled to start operations in 2024.

Convert 524
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ProLogium to build €5.2B gigafactory for solid-state batteries in France

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Solid-state batteries can also reduce the time for EV recharge to a level similar to the time it takes to refuel an ICE car, the company said. From recovery to reuse, the entire recycling process will help build up a sustainable circular economy for the local battery industry.

France 540
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Daimler to split into two pure-play companies: cars & vans, trucks & buses

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Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497
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Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. EnergyX) has secured commitments of $20 million in financing. Source: EnergyX.

Companies 448
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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

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Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry.

Norway 468
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Volvo Penta, TICO complete build of prototype electric terminal tractor

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Volvo Penta and TICO have completed the build of the first terminal tractor prototypes powered by Volvo Penta’s electric driveline. The Volvo Group recently announced its ambition to be a net-zero emissions company by 2050, at the latest. TICO will build a series of prototypes in close collaboration with Volvo Penta. Next steps.

Volvo 412
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Hyundai Motor Group starts building lunar exploration rover development model

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Hyundai Motor Group (the Group) has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners. Following discussions with the various stakeholders, the Group decided the direction for the initial lunar exploration mobility development model.

Hyundai 435