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“Mining” has become synonymous with crypto the past few years in the tech industry, what with Bitcoin piercing the $50,000 barrier and GPUs and ASICs worldwide scrambling to hash functions in a bid for distributed crypto manna.
As the industry grapples with the larger questions of how to create viable solid-state batteries or commercialize robotaxi service , the companies listed here are focused on the incremental steps toward a fully autonomous future. The companys largest-ever laboratory investment puts performance and safety testing under one roof.
General Motors announced a new joint venture with SolidEnergy Systems, a spinoff of the Massachusetts Institute of Technology that is focused on improving the energy density in lithium-ion batteries. The two companies plan on building a test facility in Woburn, Massachusetts, for a high-capacity preproduction battery by 2023.
Minerva Lithium. That’s an admirable goal, because despite all the talk of hydrogen as a “ fuel of the future ,” the industry is still filthy for the most part — driving climate chaos via pollution-spewing production methods. Minerva Lithium. Intropic Materials. Swap Robotics. Advanced Ionics. Swap Robotics.
As China’s domestic smart manufacturing industry enters a new stage of development, the demand for robots continues to rise. It facilitates the intelligent upgrade of industrial logistics and inspection operations for global enterprises, enabling stable, flexible, and efficient production operations.
SES, a battery startup supported by General Motors, Hyundai, and Honda, has entered into a joint development agreement (JDA) with one of its major investors to create prototype lithium-metal batteries labeled as B-Sample. This move aims to promote the adoption of this emerging technology in electric vehicles. TechNode reporting]
Companies in other industries are on a hiring spree, but startups like Robinhood, Better.com and Peloton are laying off thousands as FAANG companies slow down their recruiting and look for places to save money. For many tech workers, this is the first time they’ve experienced real uncertainty.
How do you decarbonize this monolithic industry? There’s a lot of opportunity here, but like other legacy industries — and indeed the ships themselves — it can be difficult to overcome inertia. The images in this article are of a proposed smaller test ship.).
Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry, Mary Ann writes in this week’s issue of the Interchange, our fintech newsletter. From chillcore to core chill : Ivan reports that music streaming service Deezer is testing a meditation app.
Battery Resourcers , a startup that’s developing a closed-loop approach to lithium-ion battery materials, has raised $70 million in mid-round funding to scale its commercial operations across two continents. The company, which is based in Worcester, Massachusetts, doesn’t just recycle batteries.
with the prototype of its Ocean SUV — which was built by Volkswagen subsidiary Italdesign — apparently serving as a test of how much a startup can differentiate the design of an MEB-powered vehicle. Now, the automaker is considering working with Fisker Inc., Volkswagen says no deal has been reached.
Just take a look at Swedish lithium-ion battery producer Northvolt. Other deals that caught my attention … Accure , a startup that uses AI to predict lithium-ion battery failures, raised $7.8 Several Silicon Valley and freight tech industry angels also participated, according to the company. The company raised around $1.2
senator Joe Manchin’s ultimatum to car manufacturers that they either move more of their lithium-ion battery supply chain out of China or give up on some tax incentives that are part of the Inflation Reduction Act. Light it up : Over at TechCrunch+, Tim reports on U.S. Startups and VC.
In six months, you’re going to pitch on stage at demo day, to an institutional investor in your industry,” Executive Director Caroline Winnett tells TechCrunch. Serinus is developing a warning system for detecting failure in lithium-ion batteries. Here’s a closer look at six highlights from this Demo Day. Serinus Labs.
By early 2019, though, the startup postponed a planned sports car that was based on the solid-state technology and pivoted to the Ocean, which uses a more common lithium-ion battery. And I think in the meantime, what SPACs have really done is replaced Silicon Valley as a funding tool for capital-intensive industries like automotive, EVs.
We believe our supply chain, engineering and production teams have been dealing with these global challenges with ingenuity, agility and flexibility that is unparalleled in the automotive industry,” the company wrote. It continues to make and test new “4680” battery cells based on the design that it revealed in September 2020.
Below are the key details about how CATLs emerging business would operate going forward, and experts outlook on where the industry might be headed. Both the #25 and #20 batteries, named similarly to gasoline grades in China, have two variants that use nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) cathodes, respectively.
Chinese regional authorities are responding to Beijings call to establish a number of strategic emerging industries as some traditional economic pillars of the country are in recession. What is a low-altitude economy? That is not the only reason, though. So is it almost like EVs in the air?
The Sion is expected to have a range of 190 miles using a 54 kwH lithium iron phosphate (LFP) battery, supplied by China’s BYD, that is considered to be more sustainable because it doesn’t have manganese, nickel or cobalt — precious metals that have a high environmental and ethical impact.
The lithium-ion batteries that power our phones, laptops, and even cars are inherently imperfect and destined to degrade over time. While certain tips and tricks can speed up the process and extend your phone batterys life , theres nothing you can do about the limitations of the lithium-ion batteries in your devices.
Motional , which expanded AV testing to San Diego , describes its encounters with trolleys. Panasonic announced plans to build a $4 billion factory in Kansas that will manufacture and supply lithium-ion batteries to EV makers. Ford announced two long-time employees, Hau Thai-Tang and Frederiek Toney , are retiring.
Other deals that got my attention … BMW i Ventures led the seed financing round of Rapid Liquid Print, which has developed 3D printers for elastomers that produce large-scale, high-resolution, soft and stretchable products with industrial materials such as soft rubber, silicone and foams. Gig economy.
In the recently released 2023 EU Industrial Research and Development (R&D) Investment Scoreboard put together by the European Commission, Chinese tech giant Huawei has maintained its position among the top five global companies that made the highest R&D investments in 2022. In August 2023, Huawei released HarmonyOS 4.0
But we’re just getting to the point now where battery technology, lithium-ion technology, is power-dense enough for us to see it starting to creep into our portfolio. They’re just not solved by anything that’s on the roadmap today, from a lithium-ion perspective, anyway. The] semiconductor industry is doing the right thing.
The COVID-19 pandemic didn’t just upend the transportation industry. COVID-19 disrupted virtually every sector of the transportation industry. Meanwhile, demand for delivery skyrocketed and the autonomous vehicle industry went through a consolidation. Electric bikes sales spiked as public transit ridership evaporated.
Lithium-ion batteries dont perform well in heat and you should avoid charging them if its hotter than 95 degrees doing so can degrade the battery quickly and even cause them to malfunction. More advancements in battery life spans may be on the horizon particularly as the EV industry grows, which also relies on lithium-ion cells.
Teslas founders, two Silicon Valley engineers, didnt have experience in the auto industry either, Niedermeyer writes. But they had the idea that using lithium-ion batteries could make electric cars viable. When Google founders Sergey Brin and Larry Page tested one of the cars, it couldnt go more than 10 miles an hour because of a bug.
The program, now being tested at 10 sites around the country, also promises a new revenue stream to customers who feed energy back into the grid. Army tests, including the kind of forceful penetration, impact, overheating, and overcharging that easily results in fires in conventional batteries.
In a drill, baby, drill administration that has already shut down wind energy expansion and put the solar industry in limbo by pausing funding and threatening Inflation Reduction Act incentives, one clean energy source has received support from President Donald Trump. Up until about four years ago, the geothermal industry in the U.S.
NEVI funding was appropriated by Congress as part of the bipartisan infrastructure law, and it cannot be canceled by the executive branch, said Elizabeth Turnbull, director of policy and regulatory affairs at the Alliance for Transportation Electrification, a trade group for the electric vehicle industry. Toyota just opened a $13.9
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