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News
Dealroom.co | ProLogium starts mass production of solid-state batteries at 381 Wh/kg
5+ day, 1+ hour ago (229+ words) What's the deal? Taiwan-based ProLogium has begun mass production of its Gen 3.5 all-solid-state Lithium Ceramic Battery cells. The move follows a 2022 investment from Mercedes-Benz to develop next-generation solid-state batteries together. The numbers: Third-party testing from TÜV Rheinland verified that ProLogium's…...
Dealroom.co | CATL buys $370M stake to become China's top heavy-truck battery-swap operator
2+ week, 6+ day ago (303+ words) What's the deal? CATL has signed a contract to acquire a 24.8726% stake in Qiyuan Green Power for 2.56 billion yuan ($370 million), making the battery giant the largest shareholder in China's biggest heavy-duty truck battery-swapping network. The deal values Qiyuan Green Power…...
Dealroom.co | Samsung SDI raises 4.45T won to grow US energy storage output
3+ week, 2+ day ago (291+ words) What's the deal? Samsung SDI has raised roughly 4.45 trillion Korean won in cash to expand energy storage system (ESS) production in North America and fund next-generation batteries. The company disclosed on August 21 that it will sell 13,088,235 Samsung Display shares — about…...