Battery News

GM Ventures Leads $39M Funding Round for Addionics’ Battery Technology

Battery News /

Expansion and Innovation in Battery Technology General Motors Co.’s venture capital division, GM Ventures, played a pivotal role in leading a $39 million Series B funding round for Addionics, a pioneering battery technology startup. This investment, announced on July 25, 2024, aims to support Addionics in scaling its operations and advancing its innovative battery solutions. […]

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Are Trolleybuses Being Forgotten in Metro’s Rapid Transition to Battery Buses?

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For 84 years, Seattle’s trolleybuses have been a staple of King County Metro, carrying nearly 20% of its riders. However, as the agency transitions to battery-electric buses, the role of these workhorses is being questioned. Historical Context and Recent Developments In March, Seattle City Light announced the groundbreaking of Metro’s first bus base dedicated to

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Rechargeable Battery Market Projected to Reach $183.53 Billion by 2032

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Rechargeable Battery Market value

Overview The primary goal of the VMR report is to provide a detailed assessment of the global Rechargeable Battery Market, encompassing key stakeholders within the industry. The report presents the current and historical market status alongside projected market size and trends in an easily digestible format. It also includes data on market volume, share, revenue,

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Lithium-Ion Batteries Could Soon Perform Better in Extreme Temperatures

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Lithium-ion battery Asahi Kasei

Asahi Kasei, a leading Japanese technology company, has unveiled a promising breakthrough that could significantly enhance the performance of lithium-ion batteries in extreme temperatures. This development could transform the electric vehicle (EV) industry by improving battery performance in both cold and hot climates. Current Limitations of Lithium-Ion Batteries Electric vehicles (EVs) have made impressive strides,

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LG Energy Solution Explores Battery Production Collaboration with Chinese Suppliers for European Market

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Partnership Discussions with Chinese Suppliers LG Energy Solution (LGES) is actively engaging in talks with three Chinese material suppliers to produce cost-effective electric vehicle (EV) batteries for the European market. This initiative is in response to the European Union Commission’s recent imposition of additional tariffs, which can reach up to 38%, on imported EVs made

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(Horror Moment) Battery Explodes in Elevator, Leaving Man Severely Burned

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WARNING – DISTRESSING FOOTAGE: A 28-year-old man enters an elevator with a lithium battery, which ignites after the doors close, causing a fatal explosion. Footage Captures Dreadful Moment A shocking video reveals the terrifying moment when a lithium battery explodes in a man’s face inside an elevator. The man, identified as Chen, a 28-year-old, is

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