Supermaterial applications company, Lyten, industry experts in advanced lithium-sulfur battery technology, has announced that it has secured multiple Letters of Interest from the Export-Import Bank of the United States (EXIM) for financing of up to $650 million. This funding will support the expansion of Lyten’s
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Stellantis N.V. and Zeta Energy Corp. have announced a joint development agreement to advance battery cell technology for electric vehicle (EV) applications. The partnership focuses on lithium-sulfur EV batteries,
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Shibaura Machine Co., Ltd., formerly known as Toshiba Machine, has announced an investment in AM Batteries Inc., a U.S.-based start-up specializing in innovative electrode manufacturing for lithium-ion batteries. This collaboration aims to revolutionize the production of batteries by reducing costs, improving performance, and minimizing environmental impact. The global lithium-ion battery market is expanding rapidly, driven […]
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On December 10, Stellantis and CATL announced plans to invest up to €4.1 billion to establish a large-scale lithium iron phosphate (LFP) battery plant at the Stellantis site in Zaragoza, Spain. The joint venture, to be structured as a 50-50 partnership, aims to advance battery production capacity in Europe, with operations expected to begin by […]
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Microporous LLC, a leading manufacturer of battery separators and engineered materials, has announced a $1.35 billion investment to establish a new manufacturing facility at the Southern Virginia Megasite in Pittsylvania County.
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ZAPI GROUP, a global experts in electrification, have announced the acquisition of UBIQUICOM, a prominent developer of Real-Time Locating Systems (RTLS) for manufacturing, transportation, and logistics applications. This strategic acquisition positions ZAPI GROUP as a more comprehensive systems integrator, enhancing its ability to deliver advanced solutions in electrification and warehouse automation. Advancing OEM Access to […]
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Flash Battery, an Italian-based manufacturer of lithium batteries for industrial machinery and electric vehicles, has announced the opening of its new subsidiary, Flash Battery Inc., in Houston, Texas. The move marks a significant step in strengthening the company’s footprint in the North American market, which already accounts for 35% of its turnover through direct and […]
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