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European investment Bank (EIB)

Umicore secures EIB funding to develop European lithium-ion battery cathode plant

Mon, 06/15/2020 - 10:09 -- Paul Crompton

Materials technology firm Umicore has finalised a €125 million ($141 million) loan agreement with the European Investment Bank (EIB) as it looks to develop a lithium-ion battery cathode plant in Europe.

The proceeds of the loan, which has a maturity of eight years, will finance part of the Belgium firm’s investment in the cathode materials plant in Nysa. 

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Sunlight takes a shine to lithium with new ‘smart battery’

Fri, 04/05/2019 - 11:33 -- John Shepherd
Sunlight Li.On Force batteries

Greek lead-acid battery maker Sunlight is entering the electrical industrial vehicles (eIVs) market with the launch of a “smart lithium batteries” line.

Sunlight said the debut of its ‘Li.On Force’ follows “a multi-year intensive research plan” to produce batteries “that combine the advantages of batteries featuring lithium technology” with applications of Internet of Things technology.

A battery management system relays performance and other data in real time to a Sunlight control centre via the Cloud.

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