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Group14’s Silicon Battery Material Enables Breakthrough Power and Charging Performance
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The New York Times: Hundreds of Moses Lake, WA residents will enter the electric vehicle business over the next few years, drawn to Group14’s advanced silicon battery material factory – a key ingredient for electric vehicle batteries.
How Silicon Could Enable Cheaper EVs, Electric Flight and More Powerful Batteries
CNBC: Lithium-ion battery performance has reached a plateau in recent years, but a breakthrough in battery technology is about to change that.
Battery Startup Builds Second US Facility in Industry Ramp-Up
Bloomberg: The Moses Lake, WA project is part of a wave of battery plant construction in the US. The advanced battery technology plant is funded in part with a $100M federal grant.
Microsoft Invests in Silicon-Battery Material Upstart
The Wall Street Journal: Microsoft’s $1B climate innovation fund is betting on a battery startup trying to dramatically improve power and charging time of EVs.
Advanced E.V. Batteries Move From Labs to Mass Production
The New York Times: Makers of batteries that could charge in a few minutes are setting up assembly lines, bringing the technology closer to auto showrooms.
The ‘Entire Industry’ is Transitioning to Silicon Batteries, Group14 CEO says
Yahoo Finance: CEO Rick Luebbe joins Yahoo Finance Live to discuss electric vehicle adoption, raising $400M in Porsche-led funding, and the outlook for lithium-silicon batteries.
Group14 Raises Monster Round For EV Battery Material
Crunchbase: Crunchbase runs down the week’s top 10 funding rounds, with Group14 claiming pole position after closing a $400M Series C.
Group14’s High Performance Battery Technology gets Super Charged with $400M Investment
GeekWire: Led by Porsche, other participants in this round include OMERS Capital Markets, Decarbonization Partners, Riverstone Holdings, Vsquared Ventures and Moore Strategic Ventures.
Porsche leads $400 million investment in EV battery startup Group14
Reuters: Part of that money will be used to build a second battery materials factory in eastern Washington state.
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The Lithium-Silicon Battery Age Is Here
As we’ve seen in other renewable energy industries, a company’s success is dependent on its ability to scale an innovative solution from the lab to market, and repeatedly — achieving true commercial manufacturing scale.