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Stellantis Ventures invests in Tiamat’s sodium-ion battery technology

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Stellantis Ventures has made a strategic investment in France-based sodium-ion battery developer Tiamat. Tiamat says its sodium-ion technology is lithium- and cobalt-free and cheaper per kilowatt hour (kWh) when compared with lithium-ion batteries. Source: Stellantis

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Volvo Cars invests in Breathe Battery Technologies fast charging software

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Volvo will integrate the software with its own in-house-developed battery management platform to optimize performance and reduce charging times. Volvo says Breathe’s software uses adaptive charging to control the battery in real time, rather than traditional stepped charging based on predetermined rules, reducing charging times.

Batteries 117
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RecycLiCo secures investment for battery recycling joint venture

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RecycLiCo Battery Materials, a battery recycling company, has received investment approval from the Taiwan Department of Investment Review for its 50/50 joint venture with Zenith Chemical. This modular plant is intended to be transported to Taiwan for the final commissioning. Source: RecycLiCo

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Maritime battery supplier Corvus Energy receives investment from Toyota’s Woven Capital

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Norway-headquartered Corvus Energy , a supplier of lithium-ion battery storage and hydrogen PEM fuel cell systems to the maritime industry, has secured an investment from Toyota’s growth fund, Woven Capital. The investment will provide Corvus with more access to Toyota’s expertise in fuel cells and battery technology.

Batteries 113
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Saint-Gobain invests in solid-state battery firm ION Storage Systems 

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NOVA, the partnership and venture capital branch of building materials company Saint-Gobain , has invested in solid-state lithium metal battery company ION Storage Systems to expand their battery technology collaboration. Source: Saint-Gobain

Batteries 113
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GM invests in battery materials innovator Mitra Chem

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GM has invested $60 million in a Series B financing round for Mitra Chem, a Silicon Valley-based battery materials innovator. GM’s funding will help Mitra Chem scale up and bring its new battery materials formulation to market. Source: General Motors

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TDK Ventures invests in Novalith clean lithium-extraction technology

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Embargo til April 17 TDK Ventures has invested in lithium-extraction startup Novalith, which has developed a novel system for extracting battery-grade lithium from resource deposits. Novalith is working to commercialize its patented LiCAL technology for lithium extraction and refining from lithium ores such as spodumene and clays.

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