Lithium
Elon Musk’s pivotal China visit: Diplomacy, supply chain and beyond
On Tuesday, Elon Musk commenced his high-stakes visit to China, marking his first since before the COVID-19 pandemic. In an era of decoupling, the Tesla CEO stands out as one of the very few Silicon V
Tesla’s new Texas lithium refinery to support 1M electric vehicles by 2025
Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. CEO Elon Musk said the refinery will produce enough battery-grade lithium
GM leads $50M EnergyX deal to lock down lithium for its EVs
Eager to secure all the lithium it needs to power a growing lineup of electric vehicles, General Motors said on Tuesday that it will lead a $50 million investment into lithium extraction and refining
China’s Nio joins the race for lithium, buys 12% of Australia’s Greenwing Resources
China’s electric vehicle upstart Nio has joined Tesla in sourcing raw materials directly from mines rather than its own battery suppliers as soaring prices of lithium, a critical component of EV
Why GM profits dropped 40% in the second quarter
General Motors said Tuesday it’s moving to take more control over its supply chain in response to a dismal second quarter that saw profits fall 40% year over year as it shifts more toward EVs. The a
Panasonic to build $4B EV battery plant in Kansas
Panasonic said Wednesday it plans to build the world’s largest EV battery plant, a $4 billion factory in Kansas that will manufacture and supply lithium-ion batteries to EV makers. The factory is sl
Salty, subterranean water could relieve world’s lithium shortage
Today’s lithium mines can't hope to meet skyrocketing demand. Startups like Lilac Solutions and Vulcan Energy Resources have leaped into action with new, more efficient lithium extraction processes
European micromobility startup Reby acquired by PE player House of Lithium for $100M
Founded in 2018, European micromobility startup Reby took an interesting path. It deployed e-scooters in the city of Zaragoza (Spain), during the COVID-19 pandemic, but also created a SaaS-oriented &#
Batteries have become VC and PE’s most electric investment opportunity
Five years ago, battery startups attracted important but not transformative investments. But money began pouring in toward the end of 2020. What changed?
Stellantis locks in lithium supply agreement to secure EV battery materials
Stellantis, the global corporation formed through a merger between Fiat Chrysler Automobiles and French automaker Groupe PSA, signed a binding agreement with a lithium producer as more automakers look
GM is investing in a California lithium extraction project
General Motors is investing in domestically sourced lithium. The company said Friday it became the first investor in an Australian company’s project to extract the mineral, a critical component of e
General Motors leads $139 million investment into lithium-metal battery developer, SES
General Motors is joining the list of big automakers picking their horses in the race to develop better batteries for electric vehicles with its lead of a $139 million investment into the lithium-meta
With Tony Fadell’s help, Advano is building battery components to power an electric future
Using scrap silicon as its feedstock, a New Orleans-based company called Advano has raised $18.5 million to manufacture battery components to enable more powerful, smaller and longer-lasting batteries
Battery tech startup Sila Nano lands $45 million and Tesla veteran Kurt Kelty
Sila Technologies, the battery materials company that has partnered with BMW and Daimler, landed $45 million in new funding and hired two high-profile executives, including Kurt Kelty, who led the bat
Negative? How a Navy veteran refused to accept a ‘no’ to his battery invention
The journey for Trevor Jackson started, as many things do in tech, with research. He’d become fascinated by the experiments done not with lithium batteries, which had come to dominate the battery in
Lithium Unveils First Plans For Klout: Pop-Up Communities And A Klout Score For Products
If you're wondering what Lithium Technologies is going to do with Klout, the social influence measurement startup that it <a href="https://techcrunch.com/2014/03/27/lithium-acquires-klout/">acquired e
Lithium To Acquire Social Influence Scoring Site Klout For $200M
Social customer service company Lithium Technologies will announce on Thursday morning that it has acquired Klout for almost $200 million in cash and private stock, says Fortune.
Lithium Raises $50M In Mezzanine Round For Online Community Development Platform
<p dir="ltr"><a target="_blank" href="http://www.lithium.com/">Lithium</a> has raised $50 million from a group of unnamed investors in what the company is calling pre-IPO mezzanine financing. Lithium
"The Best Chance To Beat Gasoline:" An Excerpt From Seth Fletcher's Bottled Lightning
<img src="http://www.crunchgear.com/wp-content/uploads/2011/06/scaled.Screen-shot-2011-06-20-at-1.20.16-PM.jpg">Lithium: it's everywhere and we know nothing about it. It powers our phones, our compute
New battery technology lasts up to 7 times as longer than traditional batteries
Once upon a time, I was at some press conference somewhere dealing with laptops and someone in the audience asked why battery technology hasn’t improved. The exec on stage replied something to t