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DuPont and VCs see lithium mining as a critical investment for the electric future

TechCrunch

One of the key target resources is lithium, a critical component for smartphones, electric vehicle batteries and nearly every other electric tool of modern convenience and industrial import. Other solutions to the lithium problem are attracting investor attention, too.

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China built the first electric car designed exclusively for ride-hailing

The Verge

Two of China’s top companies have joined forces to design, develop, and build an electric car for the express purpose of ride-hailing. The paint job is described as “avocado green,” which is similar to Didi’s shared bikes. The car comes with sliding doors to prevent riders from accidentally hitting passengers or cyclists.

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Here are the 5 finalists of Startup Battlefield at Disrupt 2022

TechCrunch

Minerva Lithium. Advanced Ionics is striving to drive down the price of green hydrogen by slashing how much electricity is needed for electrolysis by as much as 50%. In contrast to the grey stuff, “green” hydrogen taps renewable energy and electrolysis to separate water into hydrogen and oxygen. Minerva Lithium.

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Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries “The goal of this fundraising was to accelerate the industrialization of our sustainable recycling process, which has been developed over years of research. “This will enable true green and circular mobility.”

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A road map for climate investors

TechCrunch

It’s cheap, on-demand, universal, portable, an order of magnitude more efficient than lithium-ion batteries, and much safer. Unfortunately, lithium-based battery technology still only has one-tenth the maximum energy density of gasoline (which is around 50 megajoules per kilogram). Why do we still burn coal? Leather and fabrics.

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Energy Dome gets $44M uplift into its CO2 battery for renewable energy storage

TechCrunch

Italian climate startup Energy Dome , which has developed a “CO 2 Battery” for storing renewable energy, has closed a €40 million (~$44M) Series B round — bringing the total raised for its novel energy storage solution to €54M (or just shy of $60M). And mining for lithium raises environmental concerns in and of itself.)

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Two Chinese auto majors unveil big solid-state battery plans amid global race

TechNode

The moves resonate in an industry that has long attempted to commercialize the technology, widely seen as a next-generation energy storage device because of its superior performance and safety compared with the current batch of liquid-state electrolyte lithium-ion batteries. Heres what the two automakers said on Nov. The RMB 10.9 billion ($1.5

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