Battery developer Amprius Technologies (NYSE: AMPX) today announced that it has signed a letter of intent for a 775,000-square-foot facility near Denver.
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Later today, the Biden administration is expected to announce $2.8 billion that will be awarded in grants around the US in support of EV battery manufacturing and mineral production domestically. The White House is also launching what is being called the “American Battery Material Initiative” to bolster mineral supply chains for automakers operating in the US.
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LG Energy Solution is looking to universities and research institutes around the world to help push the next generation of battery technologies forward in the form of a contest. Its international “Battery Innovation Contest” (BIC) will be hosted by LG Energy Solution with open entries through September. The contest is open to all topics pertaining to batteries, and the winner will receive a prize up to $150,000 annually for continued R&D.
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The European Commission (EC) and the Batteries European Partnership Association (BEPA) have announced a memorandum of understanding to research and develop battery technologies for production in Europe. The co-programmed partnership is being called BATT4EU, and it’s aimed at bringing value and competitiveness to the EU’s battery chain.
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More than 3,000 people have died from the coronavirus so far. And we still don’t know how far the virus will reach. At the same time, the virus is having an unanticipated impact on emerging technologies with global supply chains. That includes electric cars.
Ever since Tesla built the first battery ‘gigafactory’, a factory able to produce battery cells at the gigawatt-hour level, many other companies have announced similar ambitions.
Now, India is apparently going to get one as a consortium of companies are getting together.
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