Nexeon raises £100 million to expand its UK silicon anode operations

Oxfordshire-based silicon anode developer Nexeon has closed a £100-million ($133-million) investment round, completed by a £52.6-million ($70-million) commitment from the UK’s National Wealth Fund. The Korea Development Bank and Honda Xcelerator Ventures, Honda’s open innovation investment program, also came in as new investors. The round follows the $170 million Nexeon Read more

By jackkellerinc, ago

EU-funded AM2SoftMag project 3D-prints metallic glass electric motor components

Researchers on AM2SoftMag, an EU-funded project on additive manufacturing of amorphous metals for soft magnetics, have used laser-based additive manufacturing to make electric motor components out of metallic glass, an alloy whose atoms freeze into a disordered structure rather than the orderly crystal lattice of a conventional metal. The four-year Read more

By jackkellerinc, ago

AVILOO extends its used EV battery warranty offer to 14 more European markets

EV battery diagnostics specialist AVILOO has begun offering its AVILOO Battery Warranty in an additional 14 European markets, extending its reach to 24 countries. As the used EV market in Europe expands, buyers need dependable information about the health of a particular vehicle’s battery. Manufacturer-reported health figures are neither independently Read more

By jackkellerinc, ago
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