Notable Events
Pages 7–20 (14 pages)
Companies on this page · in the Battery Business Directory
Text on page 17
Notable Events: October Week 1
Week 2
Week 3
Week 4
US BEV tax credit ended 7500$ for new BEV & 4000$ for used BEV.
Xiaomi delivered 40,000 EVs in a single month as waitlist grows to 48 weeks
US Department Of Energy cancelled $718M of funding to five companies: Ascend Elements, American Battery Technology, Anovion, ICL & LuxWall.
Redwood has closed a 350M$ series E funding round, let by Eclipse, and including strategics NVentures).
China announced new export controls limiting export of graphite material & equipment, precursor for ternary cathode materials, LFP Gen 4 and battery & CAM equipments.
China files a WTO complaint over Indiaʼs EV and battery subsidies
Lyten finalized acquisition of Northvolt Dwa in Gdańsk, Poland, the largest Battery Energy Storage System BESS) manufacturing facility in Europe.
Nissan partnered with Lithion for battery recycling.
Nissan cancelled EV production in the US due to falls in demand. Instead, they will switch to producing hybrid vehicles.
Archer acquired Lilium's patent portfolio for €18 million
GM & Posco paused expansion at their Canadian CAM plant due to weak EV demand.
Gotion cancelled plans to build battery cell factory in Michigan due to environmental risks alleged by local residents and Chinese ownership.
JPMorganChase Launches $1.5 Trillion Security and Resiliency Initiative
Sunwoda unveiled a solid state battery 400 Wh/kg) and announced a pilot line 200MW.
Extracted from the PDF; charts and images may read imperfectly.
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