Batteries

US Department of Energy Recommends Grant Award for ERI’s Plan to Expand Participation in Consumer Electronics Recycling

Retrieved on: 
Wednesday, April 3, 2024
Hardware, White House, Federal Government, Alternative Energy, Security, Data Management, Energy, Sustainability, Consumer Electronics, Technology, Recycling, Batteries, Environment, Public Policy, Government, Environmental Health, Other Energy, Mobile, Wireless, Environmental protection, Electric Power Research Institute, Panasonic, SOC, Organization, LG, Entrepreneurship, EERE, National Renewable Energy Laboratory, ASUS, MESC, EVS, Waste management, Energy efficiency, Natural Resources, Carbon, Electronic waste, Samsung, Investment, Lithium, E-Stewards, Sony, Renewable energy, MRM, Privacy, Collection, DOE, Vizio, HP, ERI

ERI’s application for grant funding of about $5 million is designed to support the DOE’s goal to increase collection of end-of-life consumer electronics and stand-alone batteries for recycling as a key contributor in developing a sustainable domestic source of battery-grade materials.

Key Points: 
  • ERI’s application for grant funding of about $5 million is designed to support the DOE’s goal to increase collection of end-of-life consumer electronics and stand-alone batteries for recycling as a key contributor in developing a sustainable domestic source of battery-grade materials.
  • “We are grateful and excited about the DOE’s support of and commitment to bipartisan infrastructure laws surrounding consumer electronics battery recycling, reprocessing, and battery collection,” said John Shegerian, Co-Founder, Chairman and CEO of ERI.
  • “We’re honored and humbled to receive the MESC’s recommendation to receive the grant award to pioneer an innovative and comprehensive outreach program to engage and inspire more Americans to responsibly recycle their end-of-life electronics and consumer batteries.
  • ERI is the largest fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company in the United States.

Alsym Energy Announces $78M Funding Round Led by Tata Limited and General Catalyst

Retrieved on: 
Wednesday, April 3, 2024
Other Manufacturing, Technology, EV, Electric Vehicles, Maritime, Automotive, Transport, Software, Manufacturing, Batteries, Logistics, Supply Chain Management, Mechanical, Mercury, Entrepreneurship, Partnership, Mechanical engineering, MIT, Risk, Tata Sons, LCOS, Nature, Wind, Three-wheeler, G-77, Safety, Thrive Capital, BESS, Renewable energy

Alsym™ Energy , a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst , a global venture capital firm.

Key Points: 
  • Alsym™ Energy , a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst , a global venture capital firm.
  • New York-based Thrive Capital and Toronto-based Thomvest also joined in the round, as well as existing investor Drads Capital .
  • Alsym will use the funds to grow its Boston-area team and expand its prototyping and pilot lines to address increasing demand for customer samples.
  • Alsym’s first product for this market, called Alsym Green, offers significantly higher system-level energy density than other non-flammable, non-lithium battery chemistries.

Aspinity Establishes Technical Advisory Board of Seasoned Semiconductor Industry Veterans

Retrieved on: 
Wednesday, April 3, 2024
Technology, Automotive, General Automotive, Semiconductor, IOT (Internet of Things), Apps, Applications, Automotive Manufacturing, Manufacturing, Software, Networks, Internet, Batteries, Hardware, Electronic Design Automation, Data Management, Consumer Electronics, Artificial Intelligence, BCG, Boston Consulting Group, PC, Growth, Internet of things, Qualcomm, SVP, Research, Qualcomm Atheros, Engineering, Senior advisor, Graphics processing unit, Central Waqf Council, AMD, Multimedia, Central processing unit

Aspinity , the leader in near-zero power AI solutions, today announced the formation of its technical advisory board, including Kymeta President and CEO Rick Bergman and Boston Consulting Group (BCG) Advisor Bill Earnshaw.

Key Points: 
  • Aspinity , the leader in near-zero power AI solutions, today announced the formation of its technical advisory board, including Kymeta President and CEO Rick Bergman and Boston Consulting Group (BCG) Advisor Bill Earnshaw.
  • The advisory board members’ decades of expertise in the semiconductor market will help shepherd the company as it pushes into new application areas.
  • View the full release here: https://www.businesswire.com/news/home/20240403624896/en/
    Kymeta President and CEO Rick Bergman and Boston Consulting Group (BCG) Advisor Bill Earnshaw have joined Aspinity's Technical Advisory Board.
  • “I look forward to helping the team realize the full potential of its near-zero power analog AI processing solution and propelling Aspinity toward its mission.”

Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform

Retrieved on: 
Wednesday, April 3, 2024
Hardware, Alternative Energy, Data Management, Green Technology, Energy, Manufacturing, Technology, Professional Services, Batteries, Environment, Other Manufacturing, Software, Other Energy, Data Analytics, Utilities, Engineering, EV, Temperature, PacifiCorp, Growth, Customer experience, Virtual power plant, Zions Bancorporation, Energy management, Energy storage, ICONIQ, Digital native, CPU, Renewable energy

Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.

Key Points: 
  • Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.
  • This progress marks a major step towards a future where renewable energy storage and management is accessible for all."
  • Energy Management: Torus provides an advanced energy storage and management system designed, engineered, and manufactured in Utah.
  • Torus is a Utah-based energy solutions company, focused on making renewable energy storage and management more efficient, affordable, and sustainable.

EVPassport and Associa Partner to Deliver an Integrated Charging Solution to Managed Communities

Retrieved on: 
Tuesday, April 2, 2024
Software, Vehicle Technology, Networks, EV, Electric Vehicles, Hardware, Alternative Vehicles, Fuels, Batteries, General Automotive, Transportation, Technology, Automotive, Travel, Other Technology, Partnership, Senior, ESG, Growth, News, Integrated services, Infrastructure as a service

Under the agreement, Associa will implement EVPassport's infrastructure-as-a-service (IaaS) platform across its national portfolio of managed communities, delivering a reliable, frictionless charging experience to over five million residents.

Key Points: 
  • Under the agreement, Associa will implement EVPassport's infrastructure-as-a-service (IaaS) platform across its national portfolio of managed communities, delivering a reliable, frictionless charging experience to over five million residents.
  • “Both EVPassport and Associa aim to provide innovative turnkey solutions that make people’s lives easier—and encourage sustainable living,” said Hooman Shahidi , Co-founder and CEO of EVPassport.
  • With EVPassport, Associa-managed communities and the residents they serve benefit from an end-to-end solution that prioritizes the customer experience through high reliability and a frictionless, app-less charging experience.
  • EVPassport provides an end-to-end EV charging solution for managed communities and properties that helps increase occupancy, strengthen tenant satisfaction and retention, and improve charging equity.

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

Retrieved on: 
Tuesday, April 2, 2024
Technology, General Automotive, EV, Electric Vehicles, Other Energy, Automotive, Batteries, Alternative Energy, Energy, Environment, Mining, Minerals, Public Relations, Investor Relations, Sustainability, Communications, Natural Resources, DRC, IRA, Letter, Manganese, Copper, ERG, Metal, Carbon, Nickel, Graphite, Lithium, LG Energy Solution, Multimedia, Cobalt, Democratic republic

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.
  • (“ERG”), a leading diversified natural resources group headquartered in Luxembourg, announced today that they have signed a binding letter of intent for long-term supply of ERG’s cobalt hydroxide to North America’s first battery grade cobalt sulfate refinery.
  • The agreement, effective April 1, 2024, supports efforts to onshore the battery supply chain and reduce reliance on foreign refiners.
  • Electra and ERG are exploring further collaboration to de-risk the construction of another cobalt refinery in the Bécancour, Quebec district.

Nexeon Breaks Ground on First Silicon Anode Material Production Site, Securing Path to 2025 Delivery

Retrieved on: 
Tuesday, April 2, 2024
Other Manufacturing, Environment, Commercial Building & Real Estate, Technology, Construction & Property, Chemicals, Plastics, Sustainability, Manufacturing, Batteries, Hardware, Growth, Partnership, Transport, OCI, Engineering, BNW, SKC, Multimedia, National Assembly, Silicon

Nexeon, a leader in next-generation silicon anode materials for lithium-ion batteries, today announced a major step forward with the groundbreaking of its first commercial production facility.

Key Points: 
  • Nexeon, a leader in next-generation silicon anode materials for lithium-ion batteries, today announced a major step forward with the groundbreaking of its first commercial production facility.
  • This milestone positions Nexeon to deliver on its commitment to supply high-performance, cost-effective silicon anode material at commercial volumes starting in 2025.
  • "Breaking ground on our first commercial production facility is the culmination of many years of dedication and technical accomplishments by the Nexeon team.
  • "This collaboration leverages the strengths of both companies, combining OCI's expertise in advanced materials with Nexeon's leading silicon anode technology.

Toyoda Gosei’s High-Pressure Hydrogen Tank to be Used on Passenger Ship

Retrieved on: 
Tuesday, April 2, 2024
Automotive Manufacturing, Automotive, Technology, Manufacturing, Maritime, Batteries, Transport, Alternative Vehicles, Fuels, Alternative Energy, Energy, Hardware, Gosei, Motorcycle, Toyota, Multimedia, Car, Hydrogen, Mitsui O.S.K. Lines, Oil

Toyoda Gosei Co., Ltd. (TOKYO:7282)’s high-pressure hydrogen tanks are being used on a passenger ship* powered by hydrogen and other environmentally-friendly energy.

Key Points: 
  • Toyoda Gosei Co., Ltd. (TOKYO:7282)’s high-pressure hydrogen tanks are being used on a passenger ship* powered by hydrogen and other environmentally-friendly energy.
  • These large hydrogen tanks employ the hydrogen storage technology developed by Toyoda Gosei and Toyota Motor Corporation for the MIRAI fuel cell vehicle, which previously have used mainly on trucks and other commercial vehicles.
  • View the full release here: https://www.businesswire.com/news/home/20240401821382/en/
    Large high-pressure hydrogen tank (Photo: Business Wire)
    The use of hydrogen is promising for all forms of mobility, from automobiles to motorcycles, vessels, and railways.
  • * The HANARIA passenger vessel is equipped with both hydrogen fuel cells and biodiesel fueled generators.

Cenntro Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024
Off-Road Trucks & SUVs, Technology, General Automotive, Automotive Manufacturing, Manufacturing, Alternative Vehicles, Fuels, Automotive, Batteries, Trucking, Autonomous Driving, Vehicles, Transport, Software, Hardware, Security, Research, FOH, EV, Certification, Hybrid, Growth, Inc., ROU, Sale, HVIP, Overalls, Net, City, Investment, Computer security, European, Exercise, Depreciation, California Air Resources Board, Marketing, EVC, Government, Metro, UN

In the fourth quarter we sold 473 vehicles compared to 298 vehicles in Q3 2023 and 51 in Q4 2022.

Key Points: 
  • In the fourth quarter we sold 473 vehicles compared to 298 vehicles in Q3 2023 and 51 in Q4 2022.
  • Total operating expenses were approximately $14.2 million in the fourth quarter of 2023, compared with $20.4 million in the fourth quarter of 2022.
  • Net loss was approximately $13.0 million in the fourth quarter of 2023, compared with net loss of $73.3 million in the fourth quarter of 2022.
  • Adjusted EBITDA was approximately $(13.7) million in the fourth quarter of 2023, compared with Adjusted EBITDA of $(18.3) million in the fourth quarter of 2022.

Global and Regional Industrial Batteries Market Analysis and Forecasts, 2023-2033: Advancements in Telecommunication Sector with Focus on Sustainability and Efficiency Spearheading Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, April 1, 2024
Technology, Batteries, Innovation, Wind, Automation, Region, Research, Growth, Prevalence, Paramount, Safety, Mobile phone

The "Industrial Batteries Market - A Global and Regional Analysis: Focus on Battery Type, End User, and Country-Level Analysis - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Industrial Batteries Market - A Global and Regional Analysis: Focus on Battery Type, End User, and Country-Level Analysis - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
  • Industrial batteries play a crucial role in guaranteeing a consistent power source for vital systems, minimizing downtime, and improving overall operational efficiency.
  • Innovations like solid-state batteries and advanced chemical compositions play a crucial role in the overall expansion and competitiveness of the industrial batteries market.
  • What are the major patents filed by the companies active in the global industrial batteries market?