Lion Energy has announced a strategic partnership with gigafactory startup American Battery Factory to enable recently announced 4.5GWh offtake agreements.
The venture capital (VC) arm of Caterpillar has invested in ElevenEs, a startup building a gigawatt-hour-scale lithium iron phosphate (LFP) cell factory in Europe.
Production has begun at a battery energy storage system (BESS) factory designated as a project of strategic importance by the European Commission (EC) due to its use of local supply chains.
US sodium-ion battery firm Natron Energy has ceased trading, putting an end to its two domestic gigafactories. The news points to the challenges for battery chemistries hoping to compete with LFP, analysts told Energy-Storage.news.
Lyten’s deal to acquire and recommence operations of European battery firm Northvolt out of bankruptcy has winners and losers, but some of the challenges that led to its demise have already been solved.