battery recycling Battery Recycler Tozero Raises $11.7M to Build First Industrial Plant Munich-based startup Tozero secures €11 million in seed funding to scale its lithium-ion battery recycling technology. The company plans to build its first industrial plant to meet surging global demand for critical materials.
autonomous vehicles Autonomous Vehicles and EV Battery Startups Draw Major Investor Funding The transportation tech sector sees significant funding rounds for autonomous driving and solid-state battery companies, alongside major industry shifts like airline acquisitions and startup bankruptcies.
ev batteries Battery Recyclers Gain Spotlight as U.S. Seeks to Cut China Reliance New climate legislation pushes automakers to find alternative battery material sources, making battery recycling a crucial piece of the U.S. electric vehicle strategy.
electric vehicles Automakers Pour $38 Billion Into US Battery Plants to Fuel EV Race Major automakers and suppliers invest over $38 billion to build massive battery factories across the United States. New federal tax credits accelerate this onshore manufacturing boom to shorten supply chains and secure EV production.
quantumscape QuantumScape Manufacturing Chief Exits Over Management Differences QuantumScape's chief manufacturing officer, Celina Mikolajczak, resigns after less than a year due to clashing management styles. Her sudden departure causes company shares to drop nearly eight percent.
biden Biden Executive Order Targets Global Semiconductor Chip Shortage President Biden signs a new executive order to launch a 100-day review of critical supply chains, focusing heavily on the global semiconductor shortage that disrupts U.S. auto manufacturing.
quantumscape Solid-State Battery Startup QuantumScape Merges With SPAC in $3.3 Billion Deal QuantumScape, a Volkswagen-backed solid-state battery startup, agrees to a $3.3 billion merger with Kensington Capital Acquisition Corp. The deal aims to help the decade-old company commercialize safer, higher-energy batteries for electric vehicles.