Fast charging has a heat problem. You’ve felt it before: your phone gets hot while navigating in the car, your MagSafe battery pack turns into a hand warmer during a Zoom call, or charging suddenly slows because thermal throttling kicks in. As smartphones become more powerful, portable chargers are struggling to keep up. That is […]
ContourGlobal, the independent power producer backed by KKR, has inaugurated a nearly $500 million solar-and-storage facility in Chile’s Atacama desert that stores daytime solar energy and delivers it after sundown. The Victor Jara hybrid plant combines 231 megawatt-peak of photovoltaic capacity with 1.3 gigawatt-hours of battery storage, capable of delivering 200 megawatts of power for […]
Amprius Technologies, the Fremont-based maker of high-energy-density silicon anode batteries, has announced a partnership with Matternet, one of the few drone delivery companies to hold both FAA Type Certification and Production Certification. The collaboration will see Amprius supply its SiCore® lithium-ion cells for Matternet’s autonomous delivery drones, a move that could meaningfully extend the […]
Europe’s largest bank is putting a dedicated facility behind Chinese solar, battery, EV and data-centre exporters expanding overseas, citing demand that has accelerated alongside the Iran war. HSBC has set up a dedicated $4bn credit facility to help Chinese clean-technology companies expand overseas, the bank said on Monday. The ‘Sustainability and Transition Credit Facility’ covers […]
Deepak Ahuja, the chief financial officer who took Tesla public in 2010 and served two terms steering its finances through the most volatile period in automotive history, has joined Redwood Materials as CFO. He told TechCrunch it is “too early” to talk about an IPO. Companies that are not thinking about an IPO do […]
The two conglomerates are funding separate R&D centres focused on next-generation battery chemistries and advanced EV systems. The investment is a hedge: both groups currently buy critical battery components from Chinese suppliers and want options when Beijing tightens export rules again. India’s two largest steel-and-everything-else conglomerates are putting close to $1bn behind a question that […]
The battery that made Nyobolt a unicorn does not power a car. It powers a warehouse robot. The Cambridge-based startup announced on Tuesday that it has closed a 60 million dollar Series C round at a one billion dollar valuation, led by Symbotic, the Nasdaq-listed AI robotics company whose SymBot autonomous mobile robots already run […]
The world’s largest EV battery maker priced its Hong Kong listing at HK$263 in May 2025. Its shares touched HK$701 before the placement was announced. The deal builds on a week of shareholder activity: a Sinopec unit sold $770M of CATL stock at HK$708 on 22 April; a Shenzhen block trade of 58 million A-shares […]
Summary: SoftBank Corp. plans to convert part of the former Sharp LCD factory in Sakai, Osaka into one of Japan’s largest battery production lines for AI data centres, with production expected within five years (~2031). The move completes a vertical integration stack spanning chips (Arm, Graphcore, Ampere), modular data centre manufacturing (Lordstown), energy generation (SB […]
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 […]
