Notable Events

Notable Events September

24M raises $87MM Series E round at $1.3B valuation.

Mercedes-Benz partners with Factorial to develop SSBs at 450Wh/kg.

WEEK 1 Japan to fund up to $2.4B in new support for domestic EV battery production, bolstering EV plans of Toyota, Nissan, Mazda, and Subaru.

Source: Volta Foundationʼs This Week in Batteries Newsletter

WEEK 2

BMW and Redwood Materials establish partnership to recycle Li-ion batteries in the U.S.A.

WEEK 3

US DOE to award $3B to 25 projects for battery manufacturing sector including Group14, South32, Mitra Chem, and Form Energy.

CATL shares that R&D spending reached $2.6B in 2023, employing 21,000 engineers.

WEEK 4 GM announces NACS access for its EVs, gaining access to 17,800 Tesla Superchargers.

Extracted from the PDF; charts and images may read imperfectly.