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Novonix shares surge on Biden electric vehicle investment Technology by Glen Norris Premium Content Subscriber only Shares in Brisbane battery technology company Novonix, whose directors include former Trump manufacturing czar Andrew Liveris, are on a tear as the US seeks to reduce reliance on China for lithium-ion battery materials. Novonix, which is producing synthetic graphite anode from its plant in Chattanooga, Tennessee, has seen its shares soar 142 per cent since the start of the year after the new Biden Administration boosted optimism of further ...

Tesla’s Texas Gigafactory Receives Parts For The Giga Presses To Build The Model Y Tesla Gigafactory Texas has received the first parts of the Giga Press machines to be installed on the site. The parts come from IDRA, an Italian company and Tesla's manufacturing partner for the Giga Press. Advertisement Tesla has received parts for the Giga Press, the company’s giant casting machine and the biggest casting machine in the world, at its Texas Gigafactory building site. For the construction of the machine, Tesla has contracted a company called IDRA out of Italy. Giant boxes from IDRA were s...

Tesla Gets Preliminary Approval To Get State Aid And Add Battery Manufacturing facility To Giga Berlin Tesla has been granted permission from Germany's Economy Ministery to start preliminary work on Giga Berlin. The EV maker might also get financial support from the EU. Advertisement Tesla has been given the go-ahead to start preliminary work for the battery cell manufacturing facility that will supply the Berlin Gigafactoy. According to BZ-Berlin, the news comes as a surprise to the Brandenburg government, which oversees the location for Giga Berlin. Tesla hasn’t submitted an official appl...

NOVONIX Ltd (ASX:NVX) US$5.57M Award from the U.S. Department of Energy    PUREgraphite Awarded US$5.57M from the U.S. Department of Energy (DOE) for New Technology Development US$5.57M Award from the U.S. Department of EnergyBrisbane, Jan 21, 2021 AEST (ABN Newswire) - NOVONIX Limited ( OTCMKTS:NVNXF) is pleased to announce that its wholly owned, U.S.-based subsidiary, PUREgraphite, has been selected to receive a US$5,577,738 grant under the Advanced Manufacturing Office FY20 Critical Minerals FOA (Funding Opportunity Announcement): Next-Generation Technologies and Field Validation (DEF...

Tesla extends exclusive battery research contract with Dalhousie University team led by Jeff Dahn, who will also now advise to ASX-listed battery materials firm Novonix.