San Diego developer also announced plan for estimated $300M U.S.-based facility in undisclosed location that also will produce nickel-free and cobalt-free integrated cathodes
With demand for construction equipment running high amidst a busy few years of construction, the hunger for new machines was visible at the triennial CONEXPO-CON/AGG trade show, held March 14-18 in Las Vegas.
The rise of battery-powered construction equipment has been a slow-but-steady trend over the last few years as manufacturers look to hit carbon-reduction and net-zero targets in the coming decades.
State and federal tax credits drew Japan-based Envision AESC's $810-million EV battery plant and lured Pomega Energy Storage of Turkey to site a $279-million utility-scale lithium-ion and storage module facility.
Several months into a testing program for autonomous electric haulers at a century-old cement quarry in Switzerland, the multinational aggregates manufacturer seeks new ways to remove carbon emissions from operations.
Firm will invest $3.2B in Clarksville, Tenn., factory with production target of 120,000 tons of cathode material a year by 2027, but no contractor selections disclosed.