Multiple letters of interest from the Export-Import Bank of the United States could lead to financing the scaling of Lyten’s Nevada and California (formerly Northvolt) factories to fulfill growing near-term customer demand in energy storage, micromobility, and space markets.
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Breathe Battery Technologies’ software uses adaptive charging to dynamically control the battery in real-time, resulting in significantly shorter charging times, and the investment adds to Volvo’s others in electrification like Leadrive in power electronics in January.
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The hydrofoiling Candela C-8 posted a new world record for the longest distance covered by an electric boat, traveling 777 km or 420 nmi in 24 h.
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The Volvo Cars Tech Fund investment is the latest financial vote of confidence in StoreDot’s advanced technologies as it targets mass production of silicon-dominant lithium-ion battery cells delivering 100 mi of range in 5 min of charging by 2024.
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The cell is said to be the first to have been fully designed, developed, and assembled at a gigafactory by a homegrown European battery company, and follows other December news on partnerships with Galp and Volvo Cars.
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At the conclusion of Volvo Cars Tech Moment online event today about its future technology roadmap, the company revealed the Concept Recharge, previewing its pure-electric future and new platform, and the XC90 replacement—which will get a name “more like a child,” according to the CEO.
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A new report from IDTechEx predicts the battery market for solid-state technology will grow to $8 billion by 2031.
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The company is extending its MEB and PPE platform model for electric vehicles to hardware, software, batteries/charging, and mobility services as all Group brands are to be based on largely standardized technical foundations in the future.
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The latest-generation vehicle and freight mobility platform make autonomous hauling closer to commercial availability worldwide.
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