Battery
Malaysia’s battery firm Econili lifts funding to $2M with Vynn Capital extension
Econili Battery New Energy, a Malaysian lithium-ion battery recycler, has raised new capital from Vynn Capital, a venture firm focused on mobility, travel, and supply chains, increasing the total funding to MYR8 million ($1.96 million).
US battery startup EnerVenue opens first factory in China’s Changzhou
US battery startup EnerVenue has opened its first manufacturing plant in Changzhou, China, after dropping an earlier plan for a Kentucky factory.
Canada’s NEO Battery Materials receives 10,000-unit drone cell order, approaching e-mobility expansion in Vietnam, Southeast Asia
Canada-based NEO Battery Materials has received a purchase order for 10,000 units of its 34Ah drone battery cells from South Korea's battery pack manufacturer PM Energy Solution, the former said in a statement on Thursday.
Korea’s POSCO Future M to invest $400M in battery materials plant in Vietnam
POSCO Future M will invest at least $400 million in Song Cong 2 Industrial Park in Thai Nguyen province, northern Vietnam, in order to build its first large-scale battery materials manufacturing facility in Vietnam.
Korea’s POSCO Future M to invests $270M in battery materials plant in Vietnam
South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.
