01 What War On EVs? New $230 Million LFP Battery Materials Factory Proposed For Texas
A new battery manufacturing facility is proposed for Texas, aimed at scaling up the production of LFP cathodes for use in EVs among other applications.
A $230 million battery manufacturing facility is proposed for Texas, aimed at scaling up the production of LFP cathodes for use in EVs among other applications. The facility will be built by Invest EnergyX and Wildcat, and is expected to create over 300 jobs. The production of LFP cathodes is a crucial step in the manufacturing of lithium-ion batteries, which are used to power electric vehicles. The new facility will help to increase the supply of LFP cathodes, which are in high demand due to the growing popularity of electric vehicles. This investment is a significant step forward for the EV industry, as it will help to reduce the reliance on imported battery materials and increase the domestic production of EV batteries. CleanTechnica
02 Old Waymo Batteries Will Get A Second Life As Stationary Energy Storage
Waymo struck a deal with B2U Storage Solutions to make sure its old robotaxi batteries live on as stationary energy storage.
Waymo, the autonomous vehicle subsidiary of Alphabet, has struck a deal with B2U Storage Solutions to give its old robotaxi batteries a second life as stationary energy storage. The batteries, which are no longer suitable for use in vehicles, will be repurposed for use in energy storage systems. This partnership is a significant step forward for the development of sustainable energy storage solutions, as it will help to reduce waste and increase the efficiency of energy storage systems. The use of repurposed batteries for energy storage is a growing trend, as it provides a cost-effective and environmentally friendly solution for storing excess energy. InsideEVs
03 Another Solid-State EV Battery Maker Is Going Public To Fund Its Next Growth Stage
ProLogium announced it will become a publicly listed company through a business merger with a special purpose acquisition company to fund its next growth stage.
ProLogium, a solid-state EV battery maker, has announced that it will become a publicly listed company through a business merger with a special purpose acquisition company (SPAC). The merger will provide ProLogium with the necessary funding to support its next growth stage, as it looks to expand its production capacity and develop new products. The company has already made significant progress in the development of solid-state batteries, which are seen as a key technology for the future of electric vehicles. The merger is expected to be completed in the coming months, and will provide ProLogium with the necessary resources to compete with established battery manufacturers. Electrek