The Japan-headquartered EV battery manufacturer, controlled by China’s Envision Group and backed by Singapore’s sovereign wealth fund GIC, is mulling an IPO in Hong Kong that could raise up to $2 billion, Bloomberg reported on Thursday. The move marks a significant change from earlier plans to list in the US. Envision AESC, the electric vehicle […]
In short: Altilium, a UK clean technology company, has secured £18.5 million in grant funding from the government’s DRIVE35 Scale-Up Fund to build ACT3, the country’s first commercial refinery for recovering critical minerals from end-of-life electric vehicle batteries. Located in Plymouth, Devon, the facility will process 24,000 EV batteries a year using Altilium’s proprietary EcoCathode™ process, […]
For decades, nickel-hydrogen batteries have been the quiet workhorses of space, powering the International Space Station and the Hubble Space Telescope through the extremes of orbit. Now, a California startup wants to put that same chemistry to work on the ground, and it just secured serious money to do it. EnerVenue has raised $300 million […]
In the sprawl north of Dallas, where data centres are multiplying and the Texas grid groans under record demand, Energy Vault has placed a new bet on battery storage, and on the idea that the companies powering AI’s insatiable appetite for electricity will need far more of it, far faster. The California-based energy storage company […]
The battery industry has a translation problem. Researchers can identify promising new materials in the lab; the challenge is moving those discoveries through chemistry, engineering, and manufacturing without losing years and hundreds of millions of dollars in the process. The gap between discovery and production has long been one of the defining bottlenecks of the […]
The town of Flintbek is not somewhere you would expect to find one of Europe’s more credible answers to Chinese battery dominance. It is a quiet commuter settlement south of Kiel, better known for light industry than deep tech. But tucked inside a climate-controlled production hall there, a company called UniverCell has spent six years […]
The town of Flintbek is not somewhere you would expect to find one of Europe’s more credible answers to Chinese battery dominance. It is a quiet commuter settlement south of Kiel, better known for light industry than deep tech. But tucked inside a climate-controlled production hall there, a company called UniverCell has spent six years […]
The town of Flintbek is not somewhere you would expect to find one of Europe’s more credible answers to Chinese battery dominance. It is a quiet commuter settlement south of Kiel, better known for light industry than deep tech. But tucked inside a climate-controlled production hall there, a company called UniverCell has spent six years […]
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