Battery

Auto Added by WPeMatico

A Michigan township killed a $2.4 billion Chinese battery plant, and now the company might bankrupt it

Less than three years ago, residents of Green Charter Township, a rural community of roughly 3,000 people in central Michigan, packed a hall to celebrate what they saw as a victory for local democracy. They had recalled every member of their town board and installed replacements who promptly killed a $2.36 billion electric vehicle battery plant proposed […]

This story continues at The Next Web

A Michigan township killed a $2.4 billion Chinese battery plant, and now the company might bankrupt it Read More »

Ford pivots its Kentucky battery plant from EVs to AI data centre storage in a $2 billion bet

Ford has launched Ford Energy, a wholly owned subsidiary that will manufacture large-scale battery energy storage systems for utilities, data centres, and industrial customers. The company has committed roughly $2 billion to the operation, which repurposes a Kentucky plant originally built for electric vehicle batteries. The subsidiary is led by Lisa Drake, who reports directly to Ford […]

This story continues at The Next Web

Ford pivots its Kentucky battery plant from EVs to AI data centre storage in a $2 billion bet Read More »

Nvidia-backed Verse raises $54M to help AI data centres skip the power queue

For years, the scarce resource in AI was chips. Now it is power. Verse Enterprises wants to unblock that bottleneck. The San Francisco startup has raised an oversubscribed $54mn Series B. Bessemer Venture Partners led the round. GV, Nvidia and Norrsken VC also took part. The race to AI is now a race to power […]

This story continues at The Next Web

Nvidia-backed Verse raises $54M to help AI data centres skip the power queue Read More »

From cars to data centres, GM pushes into energy storage with three new battery deals

General Motors is pushing into energy storage for data centres and the electrical grid, announcing a sodium-ion battery development partnership with Peak Energy, a lithium iron phosphate supply deal with LG Energy Solution, and an expanded relationship with Redwood Materials. The moves mark GM’s clearest signal yet that it sees its $900 million investment in […]

This story continues at The Next Web

From cars to data centres, GM pushes into energy storage with three new battery deals Read More »

China wants slimmer EVs after batteries and features made them too heavy for parking spaces

China wants its electric vehicles to go on a diet. The average passenger car in the country weighed 1,704 kg in 2024, roughly a third more than in 2012, state broadcaster CCTV reported on Sunday. Many popular SUVs and MPVs now approach or exceed 2 metres in width, squeezing into parking spaces designed a decade […]

This story continues at The Next Web

China wants slimmer EVs after batteries and features made them too heavy for parking spaces Read More »

GM’s $900 million bet on a battery chemistry no one has commercialised could slash EV prices by 2028

Hidden among the landmarks of General Motors’ Warren Tech Center outside Detroit is a pair of nondescript off-white buildings that house the company’s most consequential investment in years. The new Battery Cell Development Centre, spanning 500,000 square feet, is the lynchpin of GM’s plan to bring a new class of cheaper EV batteries to market a […]

This story continues at The Next Web

GM’s $900 million bet on a battery chemistry no one has commercialised could slash EV prices by 2028 Read More »

Your power bank is probably overheating. But don’t worry, TORRAS fixed that.

Fast charging has a heat problem. You’ve felt it before: your phone gets hot while navigating in the car, your MagSafe battery pack turns into a hand warmer during a Zoom call, or charging suddenly slows because thermal throttling kicks in. As smartphones become more powerful, portable chargers are struggling to keep up. That is […]

This story continues at The Next Web

Your power bank is probably overheating. But don’t worry, TORRAS fixed that. Read More »

Chile’s Atacama desert is becoming the world’s biggest battery farm

ContourGlobal, the independent power producer backed by KKR, has inaugurated a nearly $500 million solar-and-storage facility in Chile’s Atacama desert that stores daytime solar energy and delivers it after sundown. The Victor Jara hybrid plant combines 231 megawatt-peak of photovoltaic capacity with 1.3 gigawatt-hours of battery storage, capable of delivering 200 megawatts of power for […]

This story continues at The Next Web

Chile’s Atacama desert is becoming the world’s biggest battery farm Read More »

Amprius and Matternet partner to bring silicon anode batteries to drone delivery

  Amprius Technologies, the Fremont-based maker of high-energy-density silicon anode batteries, has announced a partnership with Matternet, one of the few drone delivery companies to hold both FAA Type Certification and Production Certification. The collaboration will see Amprius supply its SiCore® lithium-ion cells for Matternet’s autonomous delivery drones, a move that could meaningfully extend the […]

This story continues at The Next Web

Amprius and Matternet partner to bring silicon anode batteries to drone delivery Read More »

HSBC opens a $4bn credit line for Chinese clean-tech to go global

Europe’s largest bank is putting a dedicated facility behind Chinese solar, battery, EV and data-centre exporters expanding overseas, citing demand that has accelerated alongside the Iran war. HSBC has set up a dedicated $4bn credit facility to help Chinese clean-technology companies expand overseas, the bank said on Monday. The ‘Sustainability and Transition Credit Facility’ covers […]

This story continues at The Next Web

HSBC opens a $4bn credit line for Chinese clean-tech to go global Read More »

Shopping Cart