startup

Made in Germany’: Battery recycler cylib to scale strategic critical raw material production for Europe
cylib breaks ground on 236,000 sq ft industrial plant in Germany with an annual end-of-life battery recycling capacity of 30,000 tons

Mate Rimac Takes Delivery of His Own Nevera All-Electric Hypercar
Mate Rimac first started Rimac Automobili in 2009 with the dream of building an all-electric hypercar. Now, 15 years later, he has taken delivery of his very own Nevera, the car that wears his name, and represents the very incarnation of his original vision of ultimate performance.
Expectedly, the man who knows every single nut and bolt, length of wire and line of code in the Nevera had a clear concept in his mind for how his car should be personalized. And with the near-limitless options on offer at Rimac Automobili, that vision could be translated from mind to metal and carbon fiber almost perfectly. Almost everything that makes up Nevera is made in-house in Croatia; there’s a machine shop to make intricate metal parts, there’s a paintshop to apply flawless mirror finishes and create a new color altogether, there’s a trimming area and – of course – there’s a design team ready to turn your vision into a reality.

Microlino and Krazy Horse announce partnership for sales, service, and marketing in the United Kingdom
Microlino, the Swiss pioneer in the development of electric urban mobility, proudly announces a comprehensive partnership for Microlino UK with Krazy Horse, one of the leading British dealers of exclusive vehicles and motorcycles.

Smart Dispenser
B–ON Smart Dispenser saves time on each delivery thanks to faster parcel loading and retrieval. The GPS-controlled smart system removes the need to sequence items when loading and shortens drop time by automatically detecting the correct package at each delivery address.

BESS failures: study by EPRI, PNNL, and TWAICE identifies opportunities for battery analytics to prevent incidents
TWAICE, the leading provider of battery analytics software, Electric Power Research Institute (EPRI) and Pacific Northwest National Laboratory (PNNL) published today their joint study: the most recent, comprehensive publicly available analysis of the root causes of battery energy storage system (BESS) failure incidents.

Aptera Engages US Capital for Production Funding, Ending Current Crowdfunding in June
San Diego, CA – [May 15, 2024] – Aptera Motors Corp. (“Aptera” or the “Company”), a leader in solar electric vehicles, is pleased to announce it’s current crowdfunding offering is coming to a close, marking a significant milestone in the Company’s journey towards high-volume production.

Rivian to Receive $827M in Illinois State Funding to Expand Normal, IL Facility
Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at its plant in Normal, IL.

RIMAC AND MILLER MOTORCARS LAUNCH RIMAC GREENWICH

Rimac Greenwich has launched in Connecticut, USA, developed in partnership with Rimac Automobili and Miller Motorcars. The Miller Motorcars brand has been a cornerstone of the automotive luxury market since 1976, offering a diverse portfolio of the world’s most prestigious automotive marques.

Cylib closes €55M Series A for industrial scaling

The investment round is the largest ever raised by a European battery recycling company

Leading automotive, industrial, climate and deep tech investors join forces for the first time to back next-generation battery recycling technology company cylib to support a resilient and sustainable battery infrastructure in Europe
World Fund, Porsche Ventures, Bosch Ventures, DeepTech & Climate Fonds, NRW.Venture, Vsquared Ventures, Speedinvest, 10x Founders and established business angels join historic funding round

Bedrock Materials Accepted into StartX
Bedrock Materials, Inc. (“Bedrock Materials”), a leading innovator in the production of sodium-ion battery active materials, today announced that it has been accepted into the prestigious StartX incubator, a startup incubator designed to support new ventures built by Stanford students, professors and alumni.