VFBATTERY REPORT
Industry

Notable Events

Page 9 of 304
Battery Report 2023, page 9: Notable Events

Directory profiles · Battery Business Directory

Organizations mentioned or cited on this 2023 report page. A historical mention does not establish current products, availability or endorsement.

Sources and links on page 9 (18)

Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.

  1. https://www.reuters.com/technology/ev-battery-maker-one-raises-300-million-now-valued-12-billion-2023-02-01/
  2. https://www.redwoodmaterials.com/news/redwood-department-of-energy-loan/
  3. https://www.ionblox.com/seriesb1-announcement
  4. https://li-cycle.com/press-releases/li-cycle-receives-conditional-commitment-for-375-million-loan-from-the-u-s-department-of-energy-atvm-program/
  5. https://www.reuters.com/markets/asia/skoreas-posco-chemical-says-wins-326-billion-order-samsung-sdi-2023-01-30/
  6. https://www.nanograf.com/media/battery-startup-nanograf-raises-65-million-series-b-to-scale-north-american-production-of-silicon-anode-products
  7. https://www.reuters.com/business/autos-transportation/mexican-president-says-tesla-will-build-major-plant-northern-city-2023-02-28/
  8. https://electrek.co/2023/02/10/volkswagen-five-year-plan-accelerate-ev-production-software-strategy/
  9. https://www.reuters.com/markets/commodities/gm-lithium-americas-develop-thacker-pass-mine-nevada-2023-01-31/
  10. https://s201.q4cdn.com/693218008/files/doc_financials/2023/02/mi-lfp-plant-press-release-feb.-13-2023.pdf
  11. https://cnevpost.com/2023/02/23/hina-battery-puts-sodium-ion-batteries-in-sehol-e10x/
  12. https://www.reuters.com/markets/deals/stellantis-invests-155-mln-argentine-copper-mine-2023-02-27/
  13. https://www.globenewswire.com/en/news-release/2023/02/21/2612106/0/en/Arrival-Announces-a-50M-Equity-Capital-Commitment-and-Exchanges-121-9M-of-Debt-for-Equity.html
  14. https://www.bloomberg.com/news/articles/2023-02-28/l-f-wins-2-9-billion-cathode-materials-order-from-tesla
  15. https://www.eocharging.com/stories/eo-charging-secures-us-80-million-equity-investment-from-vortex-energy-and-zouk-capital
  16. https://nanoone.ca/news/news-releases/nano-one-awarded-10-million-from-sustainable-development-technology-canada/
  17. https://www.reuters.com/markets/deals/ford-cuts-rivian-stake-about-1-amid-production-woes-ev-maker-2023-02-10/
  18. https://www.electrive.com/2023/02/02/umicore-to-source-nickel-from-terrafame/
Text on page 9

February

GM invests $650M into Lithium Americas to develop Thacker Pass Mine. Umicore announces plan to source nickel from Terrafame.

Week 1

Our Next Energy (ONE) raises $300M at $1.2B valuation, the latest unicorn in the battery industry.

Ford cuts Rivian stake from 11% to 1.15%. Redwood Materials receives conditional commitment for $2B Department of Energy loan for battery materials.

Week 2

Posco Chemical locks in $32.6B order from Samsung SDI to manufacture cathode materials for EV batteries.

Ionblox raises $32M Series B funding from Lilium, Applied Ventures, Temasek and Catalus Capital.

Week 3

Ford announces $3.5B partnership with CATL to build LFP battery plant in Michigan.

Li-Cycle receives conditional commitment for $375M loan from US DOE ATVM Program.

Arrival announces $50M equity capital commitment to strengthen balance sheet and reduce debt by 38%.

Hina Battery in China becomes first to put sodium-ion batteries into EVs.

Week 4

Stellantis invests $155M to buy a minority stake in a copper mine in Argentina.

Volkswagen announces five-year plan to accelerate EV production and software strategy.

Nanograf raises $65M Series B for silicon oxide anodes.

Tesla announces $5B factory in Mexico marking a push to broaden operations outside the US.

Nano One is awarded $10M from Sustainable Development Technology Canada.

EO Charging secures $80M equity investment from Vortex Energy and Zouk Capital to expand EV fleet charging.

Tesla orders $2.9B of battery materials from South Korea-based cathode producer L&F Co.

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

More in Industry (11)
Authors for Notable Events (2)

Page 9 · 3/13