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Ionic Materials

Auto partners commit to battery-tech investments as chief is sacked

Mon, 12/03/2018 - 00:00 -- Hugh Finzel
Carlos Ghosn

The Renault-Nissan-Mitsubishi Alliance has pledged to continue its activities including development of next-generation batteries following the sacking of the alliance’s chief.

Carlos Ghosn (pictured) was removed as chairman of Mitsubishi Motors and Nissan after his arrest in Japan over allegations of misconduct.

Last month, the alliance’s investment arm said it was stepping up its investment in fast-charge battery technology research.

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Hyundai backs solid-state with Ionic investment

Wed, 07/18/2018 - 09:28 -- Xuan Zhong
Hyundai backs solid-state with Ionic investment

South Korean car giant Hyundai has made an undisclosed investment in US-based Ionic Materials’ development of solid-state battery tech for electric vehicles (EV).

The investment by Hyundai’s business innovations arm— Hyundai Cradle— will keep the car firm “at the forefront of battery development, allowing us to build better eco-friendly vehicles”, said vice-president John Suh.

 

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Saft owner Total ‘invests in polymer tech firm Ionic’

Wed, 04/25/2018 - 09:46 -- Xuan Zhong
Saft owner Total ‘invests in polymer tech firm Ionic’

The venture capital unit of French oil and gas giant Total has reportedly acquired a stake in Massachusetts-based polymer tech firm Ionic Materials.

Total, which acquired French battery maker Saft in 2016, told Reuters: “We have decided to invest in Ionic Materials in order to keep a closer look on this technology which may represent one of the most promising path for the development of solid-state batteries.”

 

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$65m funding boost for polymer tech firm Ionic

Mon, 02/12/2018 - 10:51 -- John Shepherd
$65m funding boost for polymer tech firm Ionic

Ionic Materials has secured a $65 million funding boost to accelerate development of its solid polymer electrolyte battery material.

The Massachusetts-based company said investors involved in the series C financing round included battery manufactures and firms in the electric vehicles sector.

 

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Car alliance sees solid-state batteries’ potential

Thu, 01/18/2018 - 09:40 -- Xuan Zhong
Car alliance sees solid-state batteries’ potential

International automotive alliance Renault-Nissan-Mitsubishi has announced is to invest in a US battery materials firm as part of its a venture capital funding programme.

The alliance aims to invest up to $1 billion to support “open innovation” over the next five years. However, the companies declined to give details of its investment in Massachusetts-based Ionic Materials— which is developing a solid polymer electrolyte it says enables improved performance and cost effectiveness of high-energy density batteries for automotive and other applications.

 

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