TechCrunch
MAY 4, 2022
With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. Porsche injected $100 million into Group14 as part of a larger $400 million Series C funding round.
TechCrunch
FEBRUARY 17, 2021
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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The Verge
SEPTEMBER 17, 2020
In its first round of funding from its $2 billion Climate Pledge Fund, Amazon is investing in the battery and e-waste recycling company led by former Tesla executive JB Straubel, along with four other companies. But when rechargeable lithium-ion batteries like those in Rivian’s EVs get tossed out, they do more than leave behind a big mess.
TechNode
DECEMBER 17, 2024
CATL has pledged to offset part of the development costs for its suppliers and make advance payments for their technology innovation, a move made with the hope of accelerating the application of new battery materials and equipment, according to a letter seen by Reuters.
The Verge
OCTOBER 16, 2020
This week’s announcement is the latest move Apple has made to become a more environmentally friendly company, and it follows a big pledge it made in July to curb greenhouse gas emissions. Apple’s AirPods, for example, tend to have a shorter shelf life than traditional headphones because it’s so hard to replace the lithium-ion battery inside.
TechCrunch
AUGUST 17, 2023
Ford, in partnership with SK On, has already pledged to spend close to $15 billion across three battery cell manufacturing facilities in the U.S. In May, Tesla shared plans to build a lithium refinery plant in Texas. The onshoring of battery factories in the U.S. with an expected collective capacity of 164 gigawatt-hours annually.
The Verge
APRIL 6, 2021
And Uber and Lyft have pledged to go carbon neutral within a similar timeframe. Several major automakers have pledged to phase out gas-powered vehicle production by a certain target date, including General Motors , Ford , and Polestar’s parent company, Volvo.
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