Category: Investment

Factorial Energy Raises $200 Million To Accelerate Commercialization of its Novel Solid-state Batteries for Electric Vehicles

The round was led by Mercedes-Benz and Stellantis N.V. as part of the Joint Development Agreements with each company announced in November, 2021 Funding will help scale global commercialization of Factorial’s solid-state battery technology that is safer and offers greater driving range than today’s lithium-ion technology WOBURN, Mass., Jan. 20, 2022 (GLOBE NEWSWIRE) — Factorial Energy (Factorial)…
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25th January 2022 0

Rio Tinto invests in InoBat

Rio Tinto is supporting the development of a battery ecosystem in Europe with an investment in Inobat Auto (‘InoBat’), a European-based battery technology and manufacturing company. This investment will support the completion of InoBat’s research and development centre and pilot battery line in Voderady, Slovakia. Today’s investment follows a Memorandum of Understanding signed in May,…
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20th December 2021 0