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Latest Battery Industry News

Moixa wins new battery project funding

UK-based residential energy storage firm Moixa has been awarded GBP267,750 ($350,771) in government ‘entrepreneurial funding’ to expand its ‘GridShare’ cloud-based virtual power plant.

LG Chem ‘buys stake in nickel sulfate supplier’

LG Chem has reportedly invested KRW1 billion ($897,000) to acquire a 10% stake in South Korean nickel sulfate supplier company Kemco, with the aim of boosting its lithium-ion battery business for the electric vehicles market.

UltraCharge raising AUD2.5m ‘to accelerate Li-ion tech’

Australia-headquartered lithium and flow battery developer UltraCharge has told BBB it is finalising a raise of AUD2.5 million ($1.9m) to boost battery tech investments.

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