According to Mercom Capital, companies in the energy storage space raised US$15.4 billion in corporate funding globally in the first half of 2024.

Redwood Materials will get a US$2 billion loan from the DOE’s Loan Programs Office (LPO) for its closed-loop lithium-ion anode and cathode material production plant in Nevada, US.

Lack of industrial policy and strategy and vulnerability to supply chain disruption are among the key things holding back the US’ position in global battery manufacturing.

In this final piece of in-depth Battery Day coverage, let’s take a closer look at the technology, manufacturing techniques and value chain improvements Elon Musk and Drew Baglino talked about.

Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.

TerraE Holding, a collaborative initiative to establish large-scale production line manufacturing of lithium-ion cells at a European ‘Gigafactory’, has signed a raw materials deal for anode materials with Australia’s Magnis Resources.

Researchers from Technische Universität München (TUM) in Germany working with lithium-ion batteries claim to have observed lithium plating taking place at close quarters while batteries are in use, gaining insights into the phenomenon in the process.