French battery maker Verkor scores $2.1B to build gigafactory

Another day, another monster raise for an EV battery company. This time it’s Verkor, the Renault-backed French battery builder, which said on Thursday that it secured “more than €2 billi

Lyten is the latest EV battery startup to score hundreds of millions

Lyten, a startup that aims to crank out lightweight, lithium-sulfur batteries for EVs, announced a $200 million round on Tuesday.

Will batteries usher in a new era of global energy sovereignty?

Will stored energy in batteries be subject to the same global economic and geopolitical forces that shaped fossil fuels?

Biden offers $15.5B to boost battery and EV manufacturing

The United States Department of Energy is dedicating $15.5 billion to support the transition to electric vehicles. As part of President Joe Biden’s Investing in America agenda, most of the money

Swedish EV battery maker raises $1.2B to expand to North America

Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according t

Ford aims to secure battery material supply with new Canada facility

Ford is partnering with South Korean battery manufacturers SK On and EcoPro BM to build a cathode manufacturing facility in Quebec, Canada. The CAD $1.2 billion (USD $890 million) joint investment wil

Congress probes Ford’s big battery deal with China’s CATL

In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing dea

A tale of two climate tech SPACs

AltC's merger with Oklo and ACG Acquisition's purchase of two critical minerals are both SPACs, but they couldn't be more different.

Batteries beat oil and gas as AI startup pivots to critical minerals exploration

Between the robots and an AI-powered workflow, GeologicAI’s new business model is looking far more scalable than its old approach.

The era of software-defined battery startups is here

The battery industry is on the cusp of a radical change, and a $10M seed round raised by Chemix shows why.

Hyundai, GM partner with Korean battery makers to build US plants

Hyundai Motor Group and General Motors announced separately Tuesday plans to build electric vehicle battery plants in the U.S. in partnership with South Korean battery manufacturing firms. Hyundai wil

What the new EPA tailpipe regulations mean for investors

By 2032, two-thirds of car and light truck sales will have to be zero emitting. That means myriad opportunities for investors.

All new Apple batteries will use 100% recycled cobalt by 2025

There’s a long list of things corporations can do to lessen consumer electronics’ environmental impact. Making systems easier to repair is up there, along with encouraging device recycling and upd

Casper co-founders want to sell you another box. This time, it’s a battery

Haven Energy seeks to make installing and using home batteries easy so owners can put an end to power outages.

VW and Redwood want to turn your old laptops into EV batteries

Battery materials and recycling startup Redwood Materials is expanding a partnership with Volkswagen of America in its bid to collect more end-of-life batteries from consumer electronics and strip out

Redwood Materials lands $2B conditional loan from DOE

Battery materials and recycling startup Redwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy as part of the Biden administration’s bid to bu

Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever

The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during its fiscal 20

Climate tech roundup: Food waste, wastewater and the UK’s troubled battery industry

Waste and batteries were the theme this week in climate tech. Dive in to see what happened.

Noon Energy brings Mars tech down to Earth with carbon-oxygen battery system

Noon Energy sucked in $28 million Series A to store excess wind and solar energy using reversible fuel cells powered by carbon dioxide.

Climate tech roundup: From solar to CES, this week had something for everyone

Even without a milestone fusion announcement this week, plenty happened in the climate tech world that’s worth catching up on.
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