This Week in Batteries: Redwood Materials, Ultium Cells, BYD, and More

This Week in Batteries: Redwood Materials, Ultium Cells, BYD, and More

In Case You Missed It

- Nature: A battery dataset for electric vertical takeoff and landing aircraft (Link)


Top News

- Redwood Materials raises $1B in Series D to expand the US domestic battery supply chain (Link)


OEMs & eVTOL

- GM Ultium Cells set to boost wages by 25% for battery plant workers in Ohio (Link)

- BYD to buy US firm Jabil's mobility business for $2.2B (Link)

- Xpeng acquires Didi’s smart EV unit for $744MM (Link)

- Stellantis chooses Charge Enterprises to install EV charging for US dealer network (Link)

- Tesla’s new supercharger station in L.A. will have a diner and drive-in movie theater (Link)

- Hertz EV fleet accounts for 10% of it’s overall fleet (Link)


Cells & ESS

- BYD, KG Mobility in talks on battery joint venture in South Korea (Link)

- ENGIE acquires Broad Reach Power to expand battery energy storage operations (Link)

- MIT: How new batteries could help your EV charge faster (Link)


Metals, Components, Recycling, & Policy

- Novonix plans to build a new $1B Chattanooga plant, Department of Energy document states (Link)

- ABTC finalizes the purchase of commercial-scale battery recycling facility (Link)

- China invested $12.9B in buying half of the lithium mines on the market since 2018 (Link)

- US DoE announces $37MM battery supply chain funding pot (Link)


Battery Separators, EV Charging, & Capital

- Noco-noco, a Japanese EV technology company to Debut on Nasdaq (Link)

- Hyundai deploys new high-power charging network, expanding it’s E-Pit network (Link)

- Australia: Large-scale battery storage investments reach over a billion-dollars in Q2 (Link)


Edited by Mouda A.


Jeanne Stewart

USDE Admin Federal Aid-Motivational Speaker-Writer-Child Advocacy-Children Services Counselor for Prevention of Child Abuse and Abandoned Children-Advocate for sustainable energy

1 年

1) Not bad growth for a less than 10 yr old startup. Success will always come to those who are strongly motivated by their passions and don't mind putting the work in to achieve their goals. Redwood Materials JB Straubel #substainableenergy #batteryrecycling

回复
Ulderico Ulissi

Head of oversea tech/startup cooperation @CATL

1 年

I was reading the increase for battery plant workers is only balancing to the current pay of automotive plant workers, who are still negotiating a rise. With inflation rising, it will be interesting how this all pans out

Dr. Stefan Wolf

Senior Innovation Consultant | R&D&I Strategy | Innovation Policy | Energy | E-Mobility | Batteries

1 年

That's huge. Congratulations!

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