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EV maker BYD launches new, ultrafast charging system

Fast Company Tech

China’s energy and auto giant BYD has announced an ultrafast EV charging system that it says is nearly as quick as a fill up at the pumps. The Chinese company started out making batteries and has been refining its battery and energy storage technology while building an auto empire that is expanding outside China.

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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. That’s one reason why DuPont is making a push to prove out its extraction technologies.

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The most innovative companies in automotive for 2025

Fast Company Tech

The result is EV technology that makes the erstwhile novelty car more powerful, more affordable, and more ubiquitous. Waymo also unveiled its Generation 6 automated driving system, an enhanced-technology suite designed handle tougher weather conditions. Waymo has made real what seemed unimaginable 15 years.

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CATL to report record profit in 2024 despite revenue decline amid lithium price slump

TechNode

Why it matters: Despite this, CATL warned it might end the year with a revenue decline for the first time since it started releasing its financial figures in 2015, due to the lithium price squeeze that has been shaking up the industry since hitting its peak in late 2022. CATL is set to report its full-year results on Mar.

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Vanadium ion battery startup Standard Energy raises $8.9M Series C from SoftBank Ventures Asia

TechCrunch

The South Korea-based company says its batteries’ advantages over lithium ion include less risk of ignition and the ease of sourcing vanadium. The latter is an important selling point, as electric vehicle makers face a potential shortage of lithium ion batteries. VIB cannot be as compact as lithium ion.

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GM aims to make its electric vehicles go farther and cost less with new battery partnership

The Verge

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. Anode-free” lithium metal battery. Photo by Steve Fecht for General Motors.

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VW-backed QuantumScape says its solid-state batteries will enable EVs to travel farther and charge faster

The Verge

Most EV companies use “wet” lithium-ion batteries, which use liquid electrolytes to move energy around. QuantumScape says its solid-state batteries will represent a significant improvement over conventional lithium-ion batteries, enabling electric vehicles that can travel 80 percent further than an electric vehicle with a traditional battery.

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