Ethiopia acquires battery company

Addis Ababa-based EV Startup Dodai Raises $4 Million …

Dodai, an Addis Ababa-based electric vehicle (EV) startup, has secured $4 million in its Series A round, marking one of the largest amounts raised by startups in Ethiopia in a single round. This …

Tesla acquires Canadian battery specialist, Hibar Systems

The acquisition comes at a pivotal time for Tesla, as the Palo Alto, Calif.-based electric carmaker is known to be ramping up its own battery manufacturing efforts. ... a California battery technology company. In June, CNBC ran a story based on information from "five current and recent employees" that Tesla had set up a secret lab to make ...

Hankook acquires stake in EV battery materials company

Hankook acquires stake in EV battery materials company. KRW9bn (US$6.5bn) Series A investment

East Africa Battery Market

The increasing deployment of renewable energy and growing usage of battery electric vehicles across Uganda and Rwanda are likely to create several opportunities for the East African battery market in the future. …

Ethiopia: Kenticha Aims to Become the First Lithium …

Kenticha Mining (KMPLC) is poised to become the first producer of lithium in East Africa, with production scheduled to commence within the next three months. The company has already invested Birr 80 …

ECA welcomes the progress made in the implementation of the …

The global transition to green energy and rapid decarbonization offers significant opportunities for Africa. It has spurred demand for electric vehicles and …

China zinc-iron flow battery company WeView raises US$57 million

The company appears to be directly continuing the work of the original developer of the technology, US group ViZn Energy Systems. In 2019, WeView partnered with ViZn, which had developed the zinc-iron flow battery technology, as reported by Energy-Storage.news at the time. The companies said then that WeView was preparing …

SolarEdge to acquire battery manufacturer Kokam

Smart energy and inverter company SolarEdge will acquire the South Korean battery manufacturer Kokam. SolarEdge has initially taken a 75% share for US$88 million with the intention of …

Enerpoly acquires Nilar''s production line and dry electrode tech to ...

Stockholm-based zinc-ion battery company Enerpoly has acquired former competitor Nilar''s end-to-end battery production line and process development capabilities, further enhancing its industrial competencies and promoting European-led innovation.. In December Enerpoly was awarded an $8.4 million three-year grant from …

Ethiopia''s Dodai raises $4 million Series A amid …

Dodai, an electric vehicle manufacturing company based in Addis Ababa, Ethiopia, recently secured $4 million in Series A funding from Nissay Capital, Musashi Seimitsu, and Inclusion Japan to scale. …

Ideanomics acquires minority stake in Energica

Ideanomics has acquired 20 per cent of Italian Energica Motor Company S.p.A. for the value of $13.2 million. Energica develops high performance 100 per cent battery-powered motorbikes. With this investment in Energica, Ideanomics expands its global footprint in the electric vehicle (EV) industry, and complements Treeletrik''s …

Quinbrook acquires UK battery storage optimisation and trading ...

The acquisition will help Habitat to develop its technology suite and advanced machine learning capabilities. The company uses advanced machine learning and algorithmic capabilities to optimise battery storage assets within deregulated power markets, both stand-alone and co-located with renewables.

Battery Ventures Acquires Analytical-Instrumentation Pioneer

Battery Ventures Acquires Analytical-Instrumentation Pioneer LI-COR Biosciences Strategic investment in Nebraska company to help fuel growth as climate change, advances in biology expand market for LI-COR''s products. December 08, 2021 09:00 AM Eastern Standard Time.

Noco-Noco Inc. Pioneers Energy Efficiency with Innovative Battery ...

1 · As the world pivots towards sustainable solutions, Noco-Noco Inc. has positioned itself at the forefront of this movement, announcing an ambitious initiative to usher in a …

Tropical Battery

Tropical Battery Company Limited have credited the acquisition of Dominican Republic-based Kaya Energy Group for contributing to increased growth in revenues in third quarter (Q3) 2023, despite indicating the need to be monitored and make adjustments to the operation so as to ensure the overall success of the group.

EDF acquires UK''s Pivot Power to bolster battery storage pipeline

French utility EDF has acquired UK battery storage firm Pivot Power, cementing its mulit-gigawatt bid to become a market leader in Europe''s energy storage market. ... Bruno Bensasson, chairman and CEO of EDF Renewables, said the acquisition stood to strengthen the company''s expertise globally, building on the company''s recent …

Abyssinian Metals | A world class battery metals project

Ethiopia is the sixth largest producer of tantalum worldwide. The Kenticha Project has a lithium resource of 67.4 million tonnes at 0.73% lithium oxide, making it comparable in size to several global emerging lithium projects. …

Amsterdam''s Return acquires majority stake in Germany''s J&P …

16 · Amsterdam-based Return, an energy transition platform, announced on Thursday that it has acquired a majority stake in Hamburg-based J&P Batterie Projekte …

LKQ Corporation Acquires Green Bean Battery

Chicago, IL (May 25, 2021) — LKQ Corporation (Nasdaq: LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced that it has acquired the business and assets of Green Bean Battery, LLC ("Green Bean"). Founded in 2016, Green Bean is a hybrid battery …

Livguard Acquires Emuron Tech To Enter EV Battery Swapping …

SAR Group''s energy solutions brand Livguard said it has acquired Delhi NCR-based battery swapping and IoT solutions startup Emuron Technologies to venture into the EV battery swapping space ...

Retriev Technologies Acquires Battery Solutions

INDIANAPOLIS (March 9, 2022) – Retriev Technologies, the most comprehensive lithium battery recycler in North America and the pioneer in end-of-life battery management, has acquired Battery Solutions, the North American leader in sustainable, end-to-end management solutions for end-of-life batteries and consumer electronics.The combined …

Lithium-Ion Battery Value Chain Analysis: Assessing Ethiopia''s ...

The Lithium-Ion Battery (LIB) industry has gained significant importance as a key enabler for electric vehicles. The Federal Democratic Republic of Ethiopia has ambitious plans to …

KPS Capital Partners Portfolio Company C&D Technologies To Acquire …

Creates Global Technology Leader in the Battery Industry. NEW YORK, Nov. 6, 2018 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that its portfolio company C&D Technologies, Inc ...

Koura Acquires Silatronix

Koura Acquires Battery Technology Company Silatronix to Meet Growing Global Demand for Energy Storage. BOSTON, November 2021 – Koura, a global leader in the development, manufacture, and supply of fluoroproducts and technologies and part of the Orbia community of companies, announced that it has signed a definitive agreement …

Paga acquires Apposit LLC – a US-based Ethiopia-centered IT company

In line with this, the Lagos-headquartered company acquired one of it strategic partners — Apposit LLC, a US software company with primary operations in Addis Ababa, Ethiopia. Paga''s relationship with Apposit is not new – that Apposit LLC has always had an engineering team dedicated to Paga since 2009, led by Eric Chijioke, who is Paga ...

TotalEnergies agrees to acquire battery storage company Kyon

Jan 23 (Reuters) - TotalEnergies TTEF.PA said on Tuesday it had signed an agreement to acquire the entire share capital of German battery storage company Kyon Energy, as part of the development of ...

Ethiopia Battery Market Growth & Industry Analysis

The Ethiopia Battery Market surge CAGR by 6.00% worth $84.46 million from 2022 to 2030. . It''s divided by Battery Type, Type, Sales Channel, Voltage Range, Components, and …

Envision to Acquire Controlling Stake in Nissan''s Electric Battery ...

Envision today announced that it will acquire a controlling stake in Automotive Energy Supply Corporation (AESC), the electric battery operations and production facilities of Nissan Motor Co., Ltd. Nissan will retain a minority equity stake in the post-transaction company. With this strategic acquisition and collaboration, the newly …