Nth Cycle plans to use the funding to support commercialization through a new partner testing facility, commercial team growth and headquarters expansion.
Nth Cycle Raises $44 Million to Advance Sustainability in Critical Metals
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Article Category: Electric Vehicles
ExxonMobil Begins Drilling for Lithium to Supply EV Market
ExxonMobil acquired the rights to 120,000 gross acres of the Smackover Formation in southern Arkansas earlier this year.
Niron Nabs Funding from GM, Others to Expand Rare Earth-Free Magnets
The company is said to produce the first permanent magnet with automotive-grade power entirely free from critical materials, including rare or heavy rare earth minerals.
Epsilon Advanced Materials Invests $650M in North Carolina Battery Plant
The India-based battery materials company, says the facility is the first and largest Indian investment in the U.S. EV battery industry.
Uber Pushes Fully Electric Car Service in Australia
“Australian businesses are increasingly examining ways to incorporate more sustainable solutions across the corporate travel mix,” says Uber’s Sarah Forsterling.
ABM Deploys EV Charging Network
The mostly private operator EV charging network covers charger equipment, installation, maintenance and upgrades that aims to serve both drivers and facility owners.
New York to Build Out Electric Vehicle Infrastructure
The state expects to receive $175 million over five years, with updated plans submitted to the Federal Highway Administration each year on how it will spend the funds.
Mercedes-Benz High-Power Charging Network On the Way
The company plans to build out to more than 2,000 fast charging points by the end of 2024 with more than 10,000 high-power chargers in North America, Europe, China and other core markets by the end of 2030.
Lightning eMotors Electric Vans Power Utah Clean Cities Shuttle Program
The initiative, which began in 2019, focuses on demonstrating the efficiency and viability of electric vehicle transportation in rural communities.
Call2Recycle, Ascend Elements Partner to Advance EV Battery Management
The companies plan to establish a circular supply chain.