Remove Lithium Remove Pledge Remove Project
article thumbnail

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.

Lithium 80
article thumbnail

Amazon’s first round of climate pledge funding will tackle battery waste and EVs

The Verge

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.

Pledge 77
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Polestar is building a zero-emissions car without ‘cop-out’ carbon offsets

The Verge

Carbon offsets, like tree planting, have become a standard way for car companies and other businesses to write off their carbon emissions by investing in renewable energy or conservation projects aimed at bolstering forests’ ability to naturally store carbon. And Uber and Lyft have pledged to go carbon neutral within a similar timeframe.

Build 67
article thumbnail

The maker of the failed iBackPack agrees to never use crowdfunding again

The Verge

Doug Monahan, the creator of the failed iBackPack crowdfunding project , is settling with the Federal Trade Commission and has agreed to never crowdfund again. Monahan shipped a few beta units, but the vast majority of backers never got anything for the money they pledged. Photo by Marie De Jesus for The Verge.

Lithium 83
article thumbnail

Oklahoma governor pushes for $700 million rebate package to lure a company he can’t name

The Verge

A non-disclosure agreement barred Governor Stitt from revealing the name of the company and the amount of money pledged to the package — but there’s good reason to believe that this company may be Panasonic. pic.twitter.com/DNJrCeJizc — Governor Kevin Stitt (@GovStitt) April 18, 2022.

article thumbnail

Faraday Future just became a publicly traded company

The Verge

So are companies that supply some of the new technologies that make EVs possible, like lithium-ion battery manufacturers, as well as others in related industries, like autonomous vehicle startups and makers of lidar sensors. Evergrande pledged $2 billion in total — with $800 million up front and the rest to come in installments.

Public 76
article thumbnail

The Station: Intel eyes an IPO for Mobileye and how Elon influenced Autopilot

TechCrunch

Intel will remain the majority owner of Mobileye, and the two companies will continue as strategic partners and collaborate on projects. That investment is part of a wider pledge to invest $3.4 Toyota will invest $1.29 billion in automotive batteries in the U.S. through 2030. Gig economy.