Lamborghini licenses MIT’s new high-capacity, fast-charging organic battery tech
Researchers have been scrambling to find alternative materials for lithium-ion batteries, from manganese to sodium. Now they might have another: TAQ.
BMW’s future growth depends on EVs, and it’s finally going all in
The German automaker previously wavered on EVs. But after posting strong EV sales in 2023, it’s appears to have made up its mind.
Northvolt’s $5B debt deal should be a wake-up call for the US battery industry
The U.S. battery industry has surged in the wake of the IRA, but it still lacks a domestic anchor like Northvolt.
Featured Article
As more than $1 trillion flows into climate tech, incentive-tracking apps find firm footing
Climate tech is suddenly so awash in cash that there are a number of websites, apps and startups rushing to track all the incentives available.
Featured Article
Hertz is selling its EVs because it botched the rollout for ride-share drivers
Hertz said in an SEC filing that it would be selling 20,000 of its EVs and replacing them with fossil fuel-powered vehicles.
Featured Article
Hyundai’s hydrogen Hail Mary
Hyundai said in its CES 2024 keynote it will produce 3 million tons of hydrogen for its steel mills by 2030. That’s not particularly impactful, even if it follows through.
Featured Article
EV sales remained strong in Q4. They could have been stronger
All automakers, including Tesla, are at a crossroads. How should they invest their money?
Is the latest near-room-temperature superconductor legit? Don’t count on it
This new material picks up where LK-99 left off, which isn’t really an auspicious starting point.
While much of the tech world has been besieged by layoffs, climate tech continued to hire. Next year looks no different.
The EV world, from a charging perspective, was previously split in two. There was Tesla and then there was everyone else.
If successful, the new round could be a step up from the $18.8M Series A EVCS raised in July 2022. But it could also represent a tempering of expectations.
Climactic launches first fund as its partners eye looming M&A boom in climate tech
The venture capital firm’s $65 million inaugural fund will back founders who are starting climate tech software companies.
World leaders finally recognized that fossil fuel use needs to end if we’re to prevent catastrophic climate change, a welcome admission that’s been far too long in coming.
Geothermal startup Quaise is raising $25M as it gears up for drilling
The new priced round comes as the company gears up for drilling test boreholes next year using its gyrotron-powered rig.
Three breakthroughs that earned Fourth Power its $19M Series A
A new type of thermal battery could store intermittent wind and solar energy. It forms the basis of a new company, Fourth Power.
Sila inks supply deal with Panasonic for its breakthrough battery material
The supply agreement marks a significant milestone for the 13-year-old lithium-ion battery company, which has raised over $900 million to date.
Battery swapping is great for EV fleets, but can it work for consumers?
Battery swapping could usher in freedom for a wide range of people, allowing them to participate in the EV transition in ways that traditional built-in batteries don’t.
Why Congruent turned down over $300M from LPs for its third climate tech fund
Investors thought the firm’s initial target of $200 million was far too modest, and instead offered $600 million, a threefold oversubscription.
Veteran life sciences firm RA Capital spins up ‘planetary health’ team to ride climate tech wave
Partners at RA Capital realized that if they didn’t try to address climate change and its health effects, their life science investments wouldn’t be as impactful.
Up Catalyst draws €4M seed round to make battery graphite from carbon dioxide
Up Catalyst can tweak the basic process to also manufacture carbon nanotubes for paint or reinforced concrete, as well as graphite tailored to hydrogen fuel cells.
GM and Toyota are shaping up to be the biggest losers in the EV transition
Legacy automakers have scaled back or set overly modest electric vehicle production targets. They may come to regret that.
Former SpaceX engineers build ‘vegetarian rocket engine’ to save the climate
Arbor is betting that an approach to carbon removal known as BiCRS will not only help balance the climate, but also benefit rural communities.
Featured Article
Why these investors think saving the trees isn’t just for protesters anymore
A fresh crop of startups has emerged to combat deforestation and climate change, and a handful investors have embraced the challenge along with them.
OpenAI’s crisis will sow the seeds of the next generation of AI startups
OpenAI’s meltdown is likely to become the latest installment in what’s becoming a Silicon Valley tradition. It’s hard to know how this will end.
For the broader economy, this was the year of the recession that never arrived. But for climate tech, it was a year of both great hits and big misses.
Why supersize convenience stores might be key to unlocking EV fast charging
We got a glimpse of Buc-ee’s possible future on Thursday when Mercedes announced that it would build around 30 fast-charging hubs at Buc-ee’s locations throughout the South.
Other researchers had discovered numerous problems with the scientific paper describing the material. Now the scientific journal Nature has retracted it.
Congruent starts raising fresh $250M early-stage climate tech fund
High interest rates may be stifling some investments in climate tech today, but the new fund suggests that LPs see a light at the end of the tunnel.
Coperniq raises $4M seed round to bring SaaS to solar installers
The startup’s solution takes over where project proposal software leaves off, from the first site visit until the solar array is running and on the grid.
The circular economy promises to remake retail. Why is it so hard to trust?
Even if sustainability isn’t a key differentiator, brand-owned resale sites can help capture some of the value that would otherwise go to secondhand markets.