Articles tagged with "EV-batteries"
$13,034 Ora 5 Is Here! - CleanTechnica
The Ora 5, a new electric SUV from Great Wall Motors’ Ora sub-brand, has launched in China with a highly competitive starting price of RMB 91,800 (approximately $13,034). Despite the low entry cost, the base model offers an impressive range of 480 km (300 miles), while the top-tier LiDAR trim extends the range up to 580 km (360 miles). The vehicle is available in five trims, each currently benefiting from an RMB 8,000 discount valid until December 31, with prices ranging up to RMB 125,800 ($17,861) for the highest-spec model. Notably, the Ora 5 sources its batteries from a supplier other than the usual CATL, though the article does not specify which company. The vehicle features Ora’s Coffee Pilot Ultra ADAS system, providing navigation and autopilot capabilities for both city and highway driving. Dimensionally, the Ora 5 measures 4,471 mm in length, 1,
energyelectric-vehiclesEV-batteriesautonomous-drivingADASrenewable-energyelectric-SUVUS: Ford shifts focus from EV batteries to power data centers, grid
Ford is shifting part of its focus from electric vehicle (EV) battery production to large-scale energy storage systems aimed at powering data centers and grid infrastructure. The automaker plans to repurpose its Glendale, Kentucky battery plant to manufacture advanced battery energy storage systems (BESS) with capacities exceeding five megawatt-hours, targeting commercial grid customers primarily, with data centers as a secondary market. Ford intends to leverage its licensed lithium iron phosphate (LFP) prismatic cell technology and extensive manufacturing experience to bring initial production online within 18 months, aiming for 20 gigawatt-hours (GWh) of annual capacity by 2027. The company is investing approximately $2 billion over the next two years to scale this new business alongside its vehicle manufacturing operations. This strategic move follows a recent joint venture restructuring involving Ford, SK On, SK Battery America, and BlueOval SK, where Ford will independently own and operate the Kentucky battery plants. Additionally, Ford’s BlueOval Battery Park in Michigan will produce
energybattery-storageEV-batteriesdata-centersgrid-infrastructureFordenergy-storage-systemsYes! EV Drivers with Choice & Time Downgrade Their Batteries! - CleanTechnica
The article discusses the growing popularity and advantages of battery swapping for electric vehicle (EV) drivers, focusing on ONVO and its parent company NIO, which offer battery swapping as an alternative to owning a fixed battery pack. This system allows drivers to quickly exchange batteries, providing flexibility not only in convenience but also in battery capacity choice. Notably, a significant portion of ONVO L90 owners—about 40%—opt to downgrade from the standard 85 kWh battery to a smaller 60 kWh battery. This decision is motivated by cost savings on the annual rental fee (reduced by 3,600 yuan) and the realization that many drivers do not require large battery capacities for their typical driving needs. The trend highlights a broader insight that many EV drivers overestimate their range requirements and that smaller batteries can suffice once drivers become accustomed to EV usage patterns. This supports the argument that EVs need a reasonable base range but not necessarily very large batteries for most users. Additionally, the article
energyelectric-vehiclesbattery-swappingbattery-managementenergy-storageEV-batteriessustainable-transportationThe Strange Time Compression of Sodium-Ion Battery Development - CleanTechnica
The article from CleanTechnica highlights the rapid and somewhat unexpected acceleration in the development and commercialization of sodium-ion batteries (SIBs), particularly driven by Chinese companies. China dominates over 50% of the global EV battery market, with major players like CATL and BYD leading in lithium iron phosphate (LFP) and nickel manganese cobalt (NMC) batteries. However, smaller firms such as Beijing HiNa have made significant strides in sodium-ion technology, exemplified by their deployment of a 200 MWh grid storage system in 2024. BYD and CATL are also heavily investing in sodium-ion battery production, with BYD constructing a 30 GWh factory and introducing containerized energy storage units aimed at the utility market. These developments suggest a strong push to commercialize SIBs despite some skepticism regarding their current energy density and performance compared to lithium-based batteries. While early analyses and social media discussions have pointed out limitations of sodium-ion batteries, such as lower energy density relative to
energybatteriessodium-ion-batteriesenergy-storageEV-batteriesbattery-technologyclean-energyEpsilon Banks On EV Batteries 1 Million Made-In-The-US EV b
The article discusses Epsilon Advanced Materials (EAM), an Indian energy storage company, which is advancing plans to build a graphite anode factory in North Carolina aimed at supplying enough material for about 1 million U.S.-made electric vehicles (EVs) annually by 2030. Despite a recent downturn in U.S. EV sales following the expiration of the $7,500 federal EV tax credit, EAM is moving forward with its facility, targeting initial operations in 2027 with a 50% capacity to support 500,000 EVs. This timeline aligns with industry expectations that EV demand will stabilize and grow over the longer term, supported by expanding charging infrastructure and potential future federal policies. EAM has secured a supply agreement with Phillips 66 for green and calcined needle coke, a key precursor derived from oil refining byproducts, essential for current graphite anode production. While not entirely green, this supply chain component is critical for today’s EV batteries. Looking ahead, the article
energyelectric-vehiclesEV-batteriesbattery-materialsgraphite-anodeenergy-storageclean-energy-technologiesJB Straubel's Bet On EV Battery Recycling Is Paying Off, Bigly
Redwood Materials, an EV battery recycling startup founded in 2017 by Tesla co-founder J.B. Straubel, has recently secured over $350 million in Series E funding despite a downturn in the US EV market following the expiration of the $7,500 federal tax credit. This strong investor interest is attributed to Redwood’s strategic expansion beyond EV battery recycling into the rapidly growing battery energy storage system (BESS) market. The company aims to create a domestic circular supply chain for critical minerals and has positioned itself as a key player in the broader electricity ecosystem. The investment round was led by California venture capital firm Eclipse, whose board member Joe Faith highlighted Redwood’s innovative approach and diversification strategy. Faith also emphasized the importance of expanding renewable energy resources and infrastructure in the US, countering political support for fossil fuels. The article notes that renewable energy sources like solar and energy storage accounted for 82% of new power generation capacity added to the US grid in the first half of the year, underscoring
energybattery-recyclingelectric-vehiclesenergy-storagerenewable-energymaterialsEV-batteriesThese Electric Car Batteries Lasting The Longest - CleanTechnica
A recent study by Swedish used car platform Kvdbil analyzed the battery health of 723 fully electric vehicles (EVs) and 643 plug-in hybrids, finding that about 80% retained 90% or more of their original battery capacity after several years. Although the exact duration of use was not specified, this suggests that EV batteries may last longer than internal combustion engines, alleviating a common concern among potential and current EV owners. The study also identified the top 10 EV models with the best battery longevity, led by the Kia EV6, followed by the Kia e-Niro and Tesla Model Y, highlighting that popular models maintain strong battery health over time. The article emphasizes that while there is often an overemphasis on battery range, real-world usage patterns—such as charging every 2–3 days—make range less critical than battery durability. The findings are encouraging for both current owners and prospective used EV buyers, particularly for models like the Kia EV6 and Tesla Model 3
energyelectric-vehiclesbattery-technologybattery-lifespanEV-batteriesclean-energysustainable-transportationNew electrochemical method could boost EV battery energy density
Researchers at the University of Sharjah have developed a novel electrochemical method that could significantly enhance the energy density, charging speed, and operational lifespan of electric vehicle (EV) batteries. By applying fractional diffusion theory, the team gained deeper insights into transient charging behaviors in complex materials, particularly mixed ionic-electronic conductors (MIECs), which are crucial for next-generation batteries, bioelectronic interfaces, and neuromorphic computing circuits. Their approach links microscopic ionic transport dynamics with macroscopic measurable variables, enabling the design of electrodes and conductors with improved performance characteristics. The study, published in Advanced Materials, demonstrates that thinner MIEC films exhibit faster charging and discharging behaviors governed by a thickness-limited scaling law accurately predicted by the fractional diffusion model. This model incorporates memory effects and non-local interactions, providing a robust framework to diagnose diffusive behavior and optimize device parameters. The findings bridge theoretical electrochemistry and practical device engineering, suggesting that tuning film thickness and morphology can engineer transport dimensionality, thus
energybattery-technologyelectrochemical-methodenergy-storagefast-chargingmaterials-scienceEV-batteriesA New Hope For US Farmers: Fertilizer Made From EV Batteries
The article discusses innovative scientific efforts aimed at supporting U.S. farmers by repurposing used electric vehicle (EV) batteries into fertilizer and enhancing crop yields through advanced solar technology. Researchers at the University of Wisconsin–Milwaukee have developed a process that introduces potassium into spent lithium iron phosphate (LFP) EV batteries, enabling the extraction of key fertilizer nutrients such as phosphorus, nitrogen, and potassium. This approach addresses the economic and environmental challenges associated with traditional fertilizer supply chains, which heavily rely on imports—particularly potassium, most of which the U.S. currently sources from Canada, Russia, and Belarus. The researchers plan to scale this technology to fertilize crops like tomatoes, which can produce significant yields even on a single acre. Additionally, the article highlights the emerging field of agrivoltaics, where solar panels are integrated with agriculture to improve growing conditions and protect crops from weather extremes. The National Renewable Energy Laboratory is developing “tunable” organic solar cells through a system called BioMatch, which selectively
energyEV-batteriesfertilizersustainable-agriculturelithium-ion-batteriespotassium-recoveryagrivoltaicsRedwood Materials raises another $350M to power up its energy storage business
Redwood Materials, a battery recycling and cathode production company founded by former Tesla CTO JB Straubel, has raised $350 million in a Series E funding round led by Eclipse, with strategic investment from Nvidia’s NVentures. The company’s valuation is estimated at around $6 billion, up $1 billion from its previous valuation. The new capital will be used to expand Redwood’s energy storage business, increase refining and materials production capacity, and hire additional engineering and operations staff. Originally focused on creating a circular supply chain by recycling battery scrap and consumer electronics to extract valuable materials like cobalt, nickel, and lithium, Redwood supplies these materials to major customers such as Panasonic, GM, and Toyota. Recently, the company launched Redwood Energy, which repurposes retired EV batteries—those with remaining life unsuitable for recycling—into large-scale energy storage systems. These systems, powered by renewable sources like wind and solar, are designed primarily to serve AI data centers and industrial sites, with potential grid integration and compatibility
energybattery-recyclingenergy-storageEV-batteriesrenewable-energygrid-scale-storagematerials-recoveryUS firm’s 'cell-less' EV battery design could add 50% more range
US-based 24M Technologies has developed a novel "cell-less" battery design called Electrode-to-Pack (ETOP) that could enable electric vehicles (EVs) to travel up to 50% farther on a single charge without increasing battery size. Unlike traditional batteries that encase electrodes in individual cells and modules—adding inactive weight and volume—the ETOP system stacks sealed anode and cathode pairs directly into the battery pack. This approach increases the proportion of energy-storing materials from the typical 30-60% to as much as 80%, improving energy density while simplifying manufacturing and reducing costs. Combined with 24M’s proprietary safety and performance technologies, the ETOP platform aims to deliver safe, cost-effective batteries capable of 1,000-mile ranges. The innovation addresses the competitive pressure on US industries reliant on imported batteries by offering a domestic technology that promises higher energy density, design flexibility, and lower capital expenditure for manufacturers. Globally, battery research continues to advance, with new
energybattery-technologyelectric-vehiclesEV-batteriesenergy-storagebattery-innovationmaterials-scienceSpotlight On Energy Storage For New York Climate Week
The article highlights recent advancements and strategic developments in energy storage technologies showcased during New York City Climate Week 2025. A key focus is on 24M Technologies, a Massachusetts startup that introduced its innovative ETOP™ (Electrode-to-Pack) battery system, which can increase electric vehicle (EV) driving range by up to 50%. This technology streamlines battery pack design by sealing electrodes in thin polymer films, allowing electrodes to occupy 80% of the pack volume compared to 30-60% in traditional packs. The system supports multiple battery chemistries, offering automakers cost-effective options without sacrificing range. 24M recently secured $87 million in Series H funding, bringing its total investment to over $500 million from strategic global investors. The article also covers the Global Solar Council’s (GSC) expanded mission to include energy storage, positioning itself as the first global voice for this rapidly growing sector. GSC emphasizes the integration of solar and storage technologies as a transformative solution for reliable
energy-storageEV-batteries24M-Technologiesrenewable-energybattery-innovationsolar-powerenergy-technologyChina's CATL unveils new EV battery for Europe with extended range
China’s battery giant CATL has launched the Shenxing Pro battery series tailored specifically for the European electric vehicle (EV) market, emphasizing extended range, fast charging, and cold-weather performance. One version offers a maximum driving range of 758 kilometers (471 miles) with a lifespan of up to 12 years or 1 million kilometers, targeting leasing and used EV markets by minimizing battery degradation. The second variant focuses on rapid charging, capable of adding 478 kilometers of range in just 10 minutes, while maintaining reliable operation in low temperatures common in Europe. Both models utilize lithium iron phosphate (LFP) chemistry optimized for European driving habits and climate conditions. This launch is part of CATL’s broader strategy to localize its EV value chain in Europe, where EV sales have surged 26% in early 2025. The company has invested over €11 billion in European production facilities, including plants in Germany, Hungary, and Spain, and plans to open its first European after-sales service center
energyelectric-vehiclesEV-batteriesbattery-technologyfast-charginglithium-iron-phosphatesustainable-energyUK's first recycled EV battery cells cut carbon emissions by 32%
Altilium and Jaguar Land Rover (JLR) have unveiled the UK’s first electric vehicle (EV) battery cells made using recycled cathode and anode materials, showcased at Cenex Expo 2025. These automotive-grade NMC 811 multilayer pouch cells incorporate cathode active material (CAM) recovered from end-of-life EV batteries via Altilium’s EcoCathode process, achieving recycled content levels that meet EU 2036 targets. Initial tests demonstrated performance on par with conventional materials, with JLR conducting further validation. Additionally, single-layer pouch cells with 100% recycled cathode and graphite anode materials were produced and integrated into a virtual reality model of the Jaguar I-PACE battery pack, highlighting the practical application of recycled components. An independent Life Cycle Assessment by Minviro confirmed significant environmental benefits, showing that using 100% recycled CAM in NMC 811 cells could reduce greenhouse gas emissions by 32% compared to virgin materials sourced from Asia. Other environmental impacts
energyelectric-vehiclesbattery-recyclingsustainable-materialsEV-batteriescarbon-emissions-reductioncircular-economyGermany bets on AI-powered plant to give used EV batteries a new life
Germany is developing an AI-powered pilot plant in Chemnitz to repurpose used electric vehicle (EV) batteries, extending their lifespans and recovering valuable raw materials such as lithium and cobalt. Led by Dr. Rico Schmerler and his team at Fraunhofer IWU in partnership with EDAG Production Solutions, the initiative focuses on carefully dismantling and remanufacturing traction batteries that retain 70-80% of their capacity but are no longer suitable for vehicles. Instead of shredding, which wastes usable cells and materials, the plant uses automated, AI-supported processes to assess the state of health (SoH) of each battery module and cell, enabling the reuse of healthy components in grid storage systems for homes, businesses, or utilities. The Chemnitz facility aims to address the growing volume of used batteries expected in the EU by 2030, offering a scalable, safe, and efficient solution that preserves raw materials and reduces reliance on energy-intensive new production. Beyond hardware, the plant will
energyAIbattery-recyclingEV-batteriesautomationraw-materialssustainability10 Common Myths About Electric Cars & Clean Energy — And How To Respond - CleanTechnica
The article from CleanTechnica addresses and debunks 10 common myths about electric vehicles (EVs) and clean energy, emphasizing the importance of clear, simple responses to counter persistent misconceptions. One key myth tackled is the belief that EVs require excessive time to charge. In reality, most EV owners spend less than a minute per week plugging in their vehicles, as modern EVs offer hundreds of miles of range and daily driving averages around 40 miles. Charging can be done conveniently at home or work every few days, and while road trips may require longer charging times, users can engage in other activities during charging, making it less burdensome than perceived. Another prevalent myth is that EV batteries need frequent replacement. The article clarifies that EV batteries typically come with an 8-year warranty guaranteeing at least 70% capacity retention, and most batteries are expected to last around 15 years. This contrasts with the shorter lifespan of traditional 12V car batteries, which are often confused with EV battery packs
energyelectric-vehiclesclean-energyEV-batteriesrenewable-energysustainable-transportationelectric-car-chargingChina unveils world's first zero-carbon tower with 24,000 sensors
China has inaugurated the world’s first ultra zero-carbon office tower in Qingdao, standing 383.8 feet tall and designed to operate entirely on green energy. Unlike conventional buildings that use rooftop solar panels, this tower features photovoltaic glass curtain walls on three facades, generating 25% of its daily electricity and reducing carbon emissions by nearly 500 tons annually. The building consumes about 6,000 kilowatt-hours of electricity and incorporates retired electric vehicle (EV) batteries for energy storage, using 14 second-life EV batteries to store surplus energy or off-peak grid power. This approach supports both renewable energy use and the circular economy by repurposing EV batteries at scale. The tower is equipped with nearly 24,000 micro-sensors that automate lighting, air conditioning, and elevators, leading to a 20-30% reduction in investment costs, a 30% increase in operational efficiency, and a 30% decrease in energy consumption. It also features the world’s first fully automated
energyIoTsmart-buildingrenewable-energyEV-batteriesdigital-sensorszero-carbon-buildingUsed EV batteries turned into solar energy storage units for homes
German company Voltfang is repurposing used electric vehicle (EV) batteries into compact, fridge-sized energy storage units designed to store excess solar and wind energy for homes and businesses. These systems, named Voltfang 2 and Voltfang 2 Indoor, utilize high-performance, requalified battery modules sourced from the European automotive industry. Before reuse, technicians thoroughly test the batteries to assess their remaining lifespan, ensuring only suitable cells are integrated. The resulting storage units act as large power banks, enabling users to feed electricity back into the grid when needed, thereby enhancing energy security and supporting a more resilient, climate-friendly energy infrastructure. Voltfang’s industrial battery storage solutions particularly benefit companies with high energy demands, such as manufacturing, agriculture, office complexes, and EV charging parks. These systems help reduce reliance on external energy suppliers, lower carbon footprints, and optimize energy efficiency. The company recommends pairing the storage units with photovoltaic (PV) systems to maximize surplus energy storage but notes that even without PV
energyenergy-storageEV-batteriessolar-energyrenewable-energybattery-recyclingsustainable-technologyArgonne Lab's EV battery breakthrough to cut energy use by half
Researchers at the US Department of Energy’s Argonne National Laboratory, in collaboration with Oak Ridge National Laboratory and Case Western Reserve University, have reviewed advanced battery electrode manufacturing techniques that could cut energy use by more than half and reduce factory footprints. The study highlights dry processing as the most promising near-term technology, as it eliminates the need for the solvent N-methyl-2-pyrrolidone (NMP) used in conventional wet electrode processing. Wet processing involves mixing active materials with solvents to form a slurry that is coated and dried in energy-intensive ovens, with additional costs and complexity from safely recovering NMP. Dry processing compresses mixed powders directly into electrode films, potentially reducing manufacturing costs by 11% and energy use by 46%, though further research on binder stability is needed. Other emerging alternatives include advanced wet processing, which replaces NMP with water to cut energy costs by 25% but still requires drying ovens, and radiation curing, which rapidly solidifies slurries using light or electron
energybattery-technologyelectrode-manufacturingdry-processingsolvent-recoveryEV-batteriesmanufacturing-innovationFord Is Doing What Has To Be Done — Leading On EVs And Innovating Are Imperative - CleanTechnica
Ford recently unveiled a major new electric vehicle (EV) strategy centered on the Ford Universal EV Platform, signaling a significant investment in advanced manufacturing, EV batteries, and a new vehicle platform based in Kentucky and Michigan. The company aims to produce affordable, competitive EVs, drawing a parallel to its historic Model T as a transformative, accessible vehicle. This bold move reflects Ford’s recognition of the rapidly evolving EV market, particularly influenced by advancements and cost reductions seen in China and Europe, and the inevitability that EVs will become cheaper than gasoline vehicles in the near future. The article highlights that unlike many legacy automakers who have been hesitant to fully embrace EVs due to existing investments in internal combustion technologies and infrastructure, Ford is proactively positioning itself to lead the US market. This strategy likely factors in potential political risks, such as the possible repeal of EV subsidies under a Republican administration, but underscores Ford’s conviction that EVs represent the future of the automotive industry. The announcement is portrayed as one of Ford’s
energyelectric-vehiclesEV-batteriesFordclean-energysustainable-transportationautomotive-innovationScientists make recycling method for dry-processed Li-ion cathodes
Scientists at the MEET Battery Research Center and the University of Münster have developed an innovative recycling method for dry-processed lithium-ion battery cathodes, advancing sustainable and circular battery production. Unlike traditional wet processing, which uses solvent-based slurries, dry processing employs polytetrafluoroethylene (PTFE) as a binder, eliminating costly and toxic solvents. The new recycling technique leverages mild mechanical milling to delaminate and recover cathode materials from aluminum current collectors without harsh chemicals or high heat, preserving the integrity of active materials and the PTFE binder network for direct reuse in battery manufacturing. This approach not only supports greener battery production but also proves economically viable. Tests demonstrated that electrodes made from recycled materials perform comparably to those from new composites. A life-cycle cost assessment indicated that even at a low scrap rate of 5%, the method reduces electrode processing costs by about 2.6% (approximately USD 0.8 per kWh) and lowers carbon emissions by around 2
energylithium-ion-batteriesbattery-recyclingdry-electrode-processingsustainable-materialscircular-economyEV-batteriesFord Finally Unveils The Affordable EV Of The Future
Ford has officially unveiled its highly anticipated affordable electric vehicle (EV) project, marking a significant milestone described as a “Model T Moment” for the automaker. The launch event took place at Ford’s Louisville Assembly Plant in Kentucky, where executives highlighted the company’s strategy to compete directly with Tesla and advance vehicle electrification. Central to Ford’s approach are three cost-cutting innovations: the use of low-cost lithium iron phosphate (LFP) batteries, a novel “tree” assembly process replacing traditional assembly lines, and a universal EV platform adaptable for various vehicle types including pickup trucks, vans, SUVs, and passenger cars. The first model, a mid-sized electric pickup truck, is slated for release in 2027 with an estimated price around $30,000. However, Ford has yet to disclose detailed specifications such as battery range, charge times, and exact pricing. Ford positions this new EV as a more affordable and practical alternative to Tesla’s offerings, specifically comparing ownership costs favorably against a used
energyelectric-vehiclesEV-batterieslithium-iron-phosphateFord-EVvehicle-electrificationaffordable-electric-carsWeek in Review: Meta’s AI recruiting blitz
The article "Week in Review: Meta’s AI recruiting blitz" summarizes key technology and business developments from the past week. Meta is aggressively expanding its AI superintelligence team by recruiting top talent, including Trapit Bansal, who previously contributed to OpenAI’s reasoning models. This move highlights Meta’s commitment to advancing AI capabilities by poaching experts from rival labs. Meanwhile, Travis Kalanick, co-founder of Uber, is reportedly attempting a return to autonomous vehicles by trying to acquire Pony AI’s U.S. operations with Uber’s support, signaling his renewed interest in self-driving technology after years focused on ghost kitchens. Other notable news includes a federal court ruling favoring AI companies’ ability to train on copyrighted books without permission, though legal battles continue over alleged unauthorized use by Anthropic. Google launched Doppl, an experimental app that uses a single photo to generate and animate fashion outfits, showcasing AI’s creative applications. JB Straubel’s Redwood Materials is innovating by repurposing retired EV
robotenergymaterialsautonomous-vehiclesEV-batteriesAI-data-centerclean-energyRedwood Materials launches energy storage business and its first target is AI data centers
Redwood Materials, founded by former Tesla CTO JB Straubel, has launched a new energy storage business called Redwood Energy, targeting AI data centers as its initial customers. The company is repurposing thousands of retired EV batteries—currently stockpiling over 1 gigawatt-hour and expecting an additional 4 gigawatt-hours soon—to create large-scale, clean energy storage systems. Their first project, in partnership with AI infrastructure firm Crusoe, involves a 12 MW, 63 MWh microgrid in Nevada that powers a modular data center using energy stored from an adjacent solar array. This operation is already profitable and marks a significant expansion beyond Redwood’s core battery recycling and materials supply business. Redwood Materials has built a circular supply chain by recycling battery scrap and consumer electronics to extract valuable materials like cobalt, nickel, and lithium, which it then sells to major manufacturers including Panasonic, Toyota, and GM. The company has also moved into cathode production and expanded its footprint globally. Redwood Energy
energyenergy-storageEV-batteriesbattery-recyclingmicrogridAI-data-centersrenewable-energyMitra Chem is raising $50M for its cheaper, domestic battery materials
Mitra Chem, a battery materials startup focused on enhancing lithium-iron-phosphate (LFP) batteries to store more energy, has raised $15.6 million toward a planned $50 million funding round, according to a regulatory filing. LFP batteries are gaining traction among automakers aiming to reduce electric vehicle (EV) costs, but currently, all LFP materials are sourced from outside the United States. Mitra Chem aims to develop cheaper, domestically produced battery materials to address this supply chain gap. The company previously secured funding led by GM and Social Capital, and South Korean firm L&F Corporation is expected to participate in the new round following a $10 million investment earlier in 2025. This fundraising effort comes amid a challenging environment for battery startups, with EV sales growing slower than anticipated and political pressures mounting. The House reconciliation bill proposes ending EV tax credits by 2025 or 2026, potentially impacting market incentives, though the Senate has yet to respond. Mitra Chem also received a $100 million Department of Energy grant last year to build a battery materials plant in Michigan, underscoring federal support for domestic battery manufacturing. The article highlights the strategic importance of Mitra Chem’s efforts to localize and reduce costs in the EV battery supply chain during a period of industry uncertainty.
battery-materialslithium-iron-phosphateelectric-vehiclesenergy-storagedomestic-manufacturingclean-energyEV-batteries10x thicker EV battery electrodes with metal fleece offer 85% more power
energyEV-batteriesbattery-technologymetal-fleeceenergy-densitycharge-transportelectric-vehiclesGM, Ford Tease New Game Changing LMR EV Batteries … But Where Is Waldo?
energyEV-batterieslithium-manganesematerials-scienceautomotive-technologyTeslaFord