Ascend Elements raises additional $162M to produce sustainable Li-ion battery electrode materials in US

In a follow up to one of last year’s largest cleantech private equity placements, Ascend Elements raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company’s 12-month funding total to $704 million, including the $542 million funding... Read more →


To coincide with its European market launch, Volkswagen’s new Tiguan’s plug-in hybrid drives (eHybrid) (earlier post) are now available with two outputs. Tiguan models with efficient 48 V mild hybrid drives (eTSI) and turbodiesel engines (TDI) have been available since 2023 September. The plug-in hybrid drives of the Tiguan have... Read more →


Porsche Consulting, VDMA study says battery gigafactory buildout unique opportunity for Europe’s mechanical engineering industry, if it can collaborate

More than 200 battery factories are to be built worldwide over the coming ten years, most of them in Europe; production technology worth billions is needed for each of these factories. This marks an historic growth opportunity for German and European mechanical and plant engineering firms, according to a new... Read more →


DOE LPO announces $544M conditional loan commitment to SK Siltron CSS to expand SiC wafer manufacturing for EV power electronics

The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to SK Siltron CSS, LLC for a $544-million loan to expand US manufacturing of high-quality silicon carbide (SiC) wafers for electric vehicle (EV) power electronics. SiC semiconductors are designed for high-voltage use and are critical components... Read more →


Volvo Construction Equipment and Mack Trucks, both Volvo Group companies, recently delivered on- and off-road electric equipment to Florida-based Coastal Waste & Recycling. The company, based in Boca Raton, Florida, is piloting a 23-ton EC230 Electric excavator from Volvo CE and took delivery of a Mack LR Electric Class 8... Read more →


EPA, DOE announce $9.4M to spur development of advanced biofuels

The US Environmental Protection Agency and the US Department of Energy released a Funding Opportunity Announcement (DE-FOA-0003178) for up to $9.4 million for the development of advanced biofuels. This investment through a new agreement between EPA and DOE is funded by the Inflation Reduction Act (IRA) and will support high-impact... Read more →


WeaveGrid integrating with Toyota and Lexus BEVs and PHEVs

WeaveGrid, a software company with a managed charging platform, announced a collaboration for direct integration with Toyota Motor North America (Toyota) for both Toyota and Lexus battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). WeaveGrid’s direct integration with Toyota, now active in select utility territories across the US... Read more →


Hyundai and mobile.de piloting battery certificate for used electric cars

In a pilot project, mobile.de is offering Hyundai car dealers the opportunity to use battery certificates to market their used electric vehicles. This makes mobile.de the first car trading platform in Germany to offer the integration of battery condition certificates. From mid-February, the new function will be tested and further... Read more →


SQM Lithium Ventures completes Altilium’s US$12M Series A with $9.43M follow-on investment

SQM Lithium Ventures announced a follow-on investment of US$9.43 million in Altilium, a UK-based clean technology group focused on supporting the energy transition to net zero (earlier post), bringing Altilium’s total investment to US$12 million. The investment completes Altilium’s Series A funding round and marks the largest investment to date... Read more →


South 8 demonstrates LiGas liquefied gas electrolyte with LNMO cathodes

South 8 Technologies, the developer of LiGas, liquefied gas electrolyte for advanced lithium-ion batteries (earlier post), has demonstrated high performance on cobalt-free, low nickel, and high-energy battery cells designed for next generation electric vehicles (EV). LiGas is a blend of non-toxic, non-corrosive gases that liquefies under pressure, enabling several safety... Read more →


Weebit Nano demonstrates performance of ReRAM NVM under extended automotive conditions

Weebit Nano Limited, a developer of advanced non-volatile memory (NVM) technologies for the global semiconductor industry, is demonstrating the high endurance and reliability of its Resistive Random-Access Memory (ReRAM) in extended automotive conditions, including high temperatures of 150 degrees Celsius and extended program cycles. At a basic level, ReRAM (also... Read more →


Mazda North American Operations (MNAO) announced pricing and packaging for the all-new 2025 CX-70 (earlier post). CX-70 offers two variants of the e-Skyactiv G 3.3L Inline 6 Turbo with 48-volt M-Hybrid Boost, and an e-Skyactiv PHEV. All three choices are paired to an eight-speed automatic transmission, and standard i-Activ all-wheel... Read more →


Toyota Alabama powers up a new i-FORCE engine line for Tacoma

Toyota Alabama has started production on its i-FORCE 2.4-liter turbo engine line for the all-new Tacoma. Powered by a previous investment of $222 million, the new line furthers Toyota’s commitment to diversified powertrains that align with customer demand, the company said. With Tacoma offering a hybrid option, every line at... Read more →


VinFast to break ground for its integrated electric vehicle facility in Tamil Nadu, India

VinFast Auto announced that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu(earlier post) on 25 February 2024. This move represents a significant step towards a strategic partnership between VinFast and the State Government aimed at advancing the development of green transportation... Read more →


The US Department of Energy (DOE) announced $15 million for 12 projects across 11 states to advance next-generation, high-energy storage solutions to help accelerate the electrification of the aviation, railroad, and maritime transportation sectors. Funded through the Pioneering Railroad, Oceanic and Plane ELectrification with 1K energy storage systems (PROPEL-1K) program... Read more →


US DOT announces $250M program to reduce congestion in urban areas

The US Department of Transportation’s Federal Highway Administration (FHWA) announced a new Bipartisan Infrastructure Law program that makes $250 million available, over five years, in competitive grants to advance innovative, multimodal solutions to reduce vehicular traffic in the most congested metropolitan areas of the United States. The Congestion Relief Program... Read more →


Plug Power finalizes contract to support a major US automobile manufacturer’s material handling operations

Plug Power has finalized a contract to supply a major US automobile manufacturer with hydrogen infrastructure and fuel cell solutions that will support material handling operations. The manufacturing campus of more than 6 square miles is dedicated to electric vehicles, batteries and is one of the largest auto manufacturing campuses... Read more →


With GPS data from as little as 6% of vehicles on the road, University of Michigan researchers can recalibrate traffic signals to reduce congestion and delays significantly at intersections. In an 18-month pilot study conducted in Birmingham, Michigan, the team used connected vehicle data insights provided by General Motors to... Read more →


SiAT Partners with CPDC to launch second-generation LMFP paste with phosphazene, enhancing battery safety

SiAT, a manufacturer of advanced nanomaterials for batteries in Taiwan, is collaborating with Taiwan petrochemical company CPDC to launch its second-generation lithium manganese iron phosphate (LMFP) paste, a product designed to significantly elevate the safety standards of batteries across the industry. The new LMFP paste incorporates a proprietary blend that... Read more →


Enevate, a developer of technology enabling extreme fast charge with high energy density batteries for electric vehicles (EVs) and other markets, announced that JR Energy Solution (JR ES) has started operation of Korea’s first electrode foundry, with capability to manufacture electrodes containing Enevate’s technology. JR ES develops and manufactures high-performance... Read more →


Developer of maritime battery systems EST-Floattech has received an investment of €4 million from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. EST-Floattech develops and produces lithium-ion battery systems for electric and hybrid propulsion of inland vessels, ferries, yachts, and more. Energy Transition... Read more →


Lilium partners with Star Charge to develop charging system for eVTOL operations

Lilium N.V, developer of an all-electric vertical take-off and landing (eVTOL) jet, has partnered with Star Charge, a provider of electric vehicle charging infrastructure and microgrid solutions, to develop, customize, and provide charging systems for its Lilium Jets. At the Singapore Airshow, the companies announced that Lilium placed a first... Read more →


Originally introduced in the United States in 1958, the Toyota Land Cruiser became one of the most respected off-road icons in the industry. Back after a brief pause, the all-new 2024 Land Cruiser stays true to its roots as an extremely capable off-roader, packed with premium features, and now at... Read more →


Volvo Cars introducing upgrades to fully electric and hybrid cars

Volvo Cars is introducing a new Performance software pack for the EX40 (formerly named the XC40 Recharge) and EC40 (formerly named the C40 Recharge) Twin Motor variants, and as an upgrade for the previous model year in selected markets. The Performance software pack, which increases power output by 25kW for... Read more →


NREL announces $5M Clean Bus Planning Awards (CBPA) program

The US National Renewable Energy Laboratory (NREL) announced the $5-million Clean Bus Planning Awards (CBPA) program; the CBPA is funded by the Joint Office of Energy and Transportation (Joint Office). Managed by NREL, the CBPA program provides free technical assistance to create comprehensive and customized bus electrification plans for school... Read more →


Rio Tinto signs Australia’s biggest renewable power deal as it works to repower Gladstone aluminum operations

Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned 1.4GW Bungaban wind energy project. The agreement, which follows the announcement last month of a PPA for the Upper Calliope... Read more →


Nigeria issues call for deepwater gas, infrastructure investment

Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetize its gas resources and become a leading LNG exporter to global markets. Its most notable project—the $5-billion Nigeria LNG Train 7 expansion—is set to boost processing capacity by 35% from 22 million... Read more →


Niron Magnetics, a company developing high-performance, rare earth-free permanent magnets, (earlier post), has received $25 million in new strategic funding in a round led by Samsung Ventures. Allison Ventures, the venture capital arm of Allison Transmission, was also part of this funding round, along with one of the world’s largest... Read more →


Europe’s new vehicle registrations reached their highest level last year since the pandemic. Strong demand for battery electric vehicles (BEVs) and the growing influence of new market entrants sparked significant shifts in the continent’s automotive landscape with new passenger vehicle registrations totalling 12,792,151 units in Europe-28 in 2023, up 14%... Read more →


Researchers develop method for selective recovery of lithium from spent lithium iron phosphate batteries

A team from the Beijing University of Chemical Technology has used a formic acid–hydrogen peroxide system for the efficient selective leaching of lithium ions from spent lithium iron phophate batteries. A paper on their process is published in thr Journal of Power Sources. With rapid technology development and the support... Read more →