Breaking #Solar #Stock news - Solar Integrated Roofing (OTC: $SIRC) and ShareIntel Enter Shareholder Service Agreement, Targeting Illegal #ShortSelling; @SIRCStock

Breaking #Solar #Stock news - Solar Integrated Roofing (OTC: $SIRC) and ShareIntel Enter Shareholder Service Agreement, Targeting Illegal #ShortSelling; @SIRCStock

 

SIRC strengthens measures to protect shareholder interests through ShareIntel's investigation and due diligence services

 

 

HENDERSON, Nev., May 2 2023 – Breaking Solar stock news from Investorideas.com  - Solar Integrated Roofing Corp. (OTC: SIRC) (“SIRC” or the Company”), an integrated, single-source solutions provider of solar power, roofing and EV charging systems, today announced the Company has retained Shareholder Intelligence Services, LLC ("ShareIntel") for a 12-month, full-service agreement to review the trading patterns of the Company's common stock; monitor, identify and reconcile discrepancies; and target illegal short selling activities.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2023/renewable-energy/05021ShareIntel.asp

 

ShareIntel gathers and analyzes shareholder trading data through its DRIL-Down™ process, a technology platform that examines equity flows and reveals suspicious, aberrant, and/or unusual trading activity. The tool aims to help management to identify, interpret and communicate shareholder and broker-dealer movement to the market.

 

"We are taking action to ensure that SIRC is not the target of unlawful trading activities," said David Massey, Chief Executive Officer of SIRC. "ShareIntel's proprietary analytics will identify reporting anomalies among market makers, banks, broker-dealers and clearing firms as it tracks share ownership and identifies suspicious trading activity. We believe this engagement is a prudent step to protecting our shareholders' investments and addressing any suspected violations."

 

About Shareholder Intelligence Services, LLC – (ShareIntel)

ShareIntel is an application service provider retained by public companies to obtain, aggregate, track and analyze shareholder trading information. This process is managed through a proprietary patent pending web-based application known as the "Data Repository Information Link" system DRIL-Down™.

 

In addition to its core business, ShareIntel can provide value-added custom consulting services to help client companies maximize the utility of our analyses. ShareIntel is a part of the $5 billion plus rapidly growing Software-as-a-Service ("SaaS") industry.

 

The ShareIntel solution empowers the public company CEO's with unique analytical tools to manage their investment bankers, legal counsel, investor relations, shareholders and more. ShareIntel creates meaningful hard and soft dollar savings by providing "instant" and actionable analytic metrics to coordinate and monitor corporate governance, regulatory compliance, corporate finance, due diligence, public offering market surveillance, mergers, acquisitions, investor relations, shareholder communications, blue sky compliance, road show planning and more.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC) is an integrated, single-source solutions provider of solar power, roofing and EV charging systems, specializing in commercial and residential properties throughout North America. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. For more information, please visit the Company's website at www.solarintegratedroofing.com or join us on Twitter or LinkedIn.

 

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Examples of forward-looking statements in this press include, among others, statements about our renegotiated settlement agreement. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our limited operating history; our dependence on third parties for many aspects of our business; general market and economic conditions; technical factors; the availability of outside capital; our receipt of revenues; legislative developments; changes in our expenditures and other uses of cash; our ability to find, recruit and retain personnel in sufficient numbers to support our growth; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Registration Statement on Form 10 or Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 

Investor Relations Contact:
Michael Kim/Brooks Hamilton
MZ North America
+1 (949) 546-6326
SIRC@mzgroup.us
www.mzgroup.us

 

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New #Stocks and #TradingIdeas: (Nasdaq: $IZM) (NYSE: $IRM) (TSXV: $LMN.V) (NASDAQ: $AHI) (CSE: $OMGA.C) (CSE: $CASC.C) (NYSE: $LTHM)

New #Stocks and #TradingIdeas: (Nasdaq: $IZM) (NYSE: $IRM) (TSXV: $LMN.V) (NASDAQ: $AHI) (CSE: $OMGA.C) (CSE: $CASC.C) (NYSE: $LTHM)

 

New #stocks added to #tech, #mining and #green/#ecofriendly directories

 

 

 

 

Vancouver, Kelowna, Delta, April 2, 2023 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Technology, Mining and Green/Eco-Friendly. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2023/main/04281Stocks.asp

 

The newest tech stocks are involved in electronic components, data center infrastructure, software and telehealth.

 

The latest mining companies are involved in mineral exploration in British Columbia and lithium mining in Alberta and Argentina, respectively.

 

The newest green company produces high-quality finished lithium compounds.

 

New Stocks Added to Tech Directories:

ICZOOM Group Inc. (Nasdaq:IZM) is primarily engaged in sales of electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce trading platform. These products are primarily used by China based small and medium-sized enterprises ("SMEs") in the consumer electronic industry, Internet of Things ("IoT"), automotive electronics and industry control segments. By utilizing latest technologies, the Company's platform collects, optimizes and presents product offering information from suppliers of all sizes, all transparent and available to its SME customers to compare and select. In addition to the sales of electronic component products, the Company also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance.

 

Iron Mountain (NYSE:IRM) is a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services. Founded in 1951 and trusted by more than 225,000 customers worldwide, Iron Mountain helps customers CLIMB HIGHER™ to transform their businesses. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.

 

Lumine Group Inc. (TSXV:LMN) acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry.

 

Respiri Limited (ASX:RSH) is an Australian e-Health SaaS company supporting respiratory health management focusing primarily on supporting the US healthcare market.

 

Advanced Health Intelligence Ltd. (NASDAQ:AHI) enables the future of digital healthcare by partnering with global innovation leaders to deliver healthcare platforms and population health solutions.

 

New Stocks Added to Mining Directories:

Omega Pacific Resources Inc. (CSE:OMGA) is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, development and exploration of mineral resources. Currently, the Company is focused on its principal property, the Lekcin Property, which is in the exploration stage. The Property consists of 5 mining cell claims

totaling approximately 2,436.93 hectares located 10 km northwest of the town of Hope and 120 km east of the city of Vancouver. The company may also evaluate the acquisition

of other mineral exploration assets and opportunities.

 

Cascade Copper Corp. (CSE:CASC) is an exploration stage natural resource company engaged in the evaluation, acquisition and exploration of mineral resource properties. Cascade currently has three projects, with its core project being the Rogers Creek Property. The Rogers Creek Property is comprised of 10 contiguous mineral claims covering approximately 10,586 hectares or about 105 square kilometres.

 

Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS) owns 100% of the Hombre Muerto North Lithium Project ( HMN Li Project ) located in Salta Province, Argentina, the heart of the lithium triangle. The Hombre Muerto Salar has a history of lithium production with Livent Corporation in operation for over twenty five years just south of the HMN Li Project. The HMN Li Project is surrounded by a $ U.S. 4 billion lithium development underway by POSCO ( Korea ) and the Sal de Vida Project under development by Allkem. LIS has delineated a NI 43-101 Lithium Carbonate Equivalent ( LCE ) resource on the Tramo claim block, one of five non-contiguous blocks that make up the HMN Li Project. Recent drilling on the Alba Sabrina and Natalia Maria claim blocks have identified additional lithium zones that will allow a new and potentially larger LCE resource to be defined. LIS is now transitioning from being a lithium explorer to becoming a lithium developer.

 

LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK) is a development company focused on lithium-enriched brine projects in Western Canada where low-carbon-impact, rapid DLE technology can be deployed. LithiumBank currently holds over 3.6 million acres of mineral titles, 3.33M acres in Alberta and 336k acres in Saskatchewan. LithiumBank's mineral titles are strategically positioned over known reservoirs that provide a unique combination of scale, grade and exceptional flow rates that are necessary for a large-scale direct brine lithium production. LithiumBank is advancing and de-risking several projects in parallel of the Boardwalk Lithium Brine Project.

 

New Stocks Added to Green/Eco-Friendly Directories:

Livent Corporation (NYSE: LTHM) For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. Livent has a combined workforce of approximately 1,350 full-time, part-time, temporary, and contract employees and operates manufacturing sites in the United States, England, China and Argentina.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

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Better #Battery #Technology for #EV's- (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA) (NYSE: $NIO) (NASDAQ: $RIVN) (NYSE: $F) (NYSE: $GM) @neo_battery @Tesla @NIOGlobal @Rivian @Ford @GM

Better #Battery #Technology for #EV's- (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA) (NYSE: $NIO) (NASDAQ: $RIVN) (NYSE: $F) (NYSE: $GM) @neo_battery @Tesla @NIOGlobal @Rivian @Ford @GM

 

Vancouver, Kelowna, Delta, BC – April 20,2023 - Investorideas.com, a leading investor news resource covering EV and battery stocks releases a special news report on battery innovation, featuring Vancouver-based NEO Battery Materials Ltd. (TSXV:NBM) (OTC:NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries. The Company intends to become a silicon anode active materials supplier to the electric vehicle industry.

 

Read this article, featuring NBM in full at https://www.investorideas.com/news/2023/renewable-energy/04201Battery-Technology-EV.asp

 

According to Market Research Future (MRFR) “The market size for Electric Vehicle is expected to reach USD 957.06 billion by 2030, with a compound annual growth rate (CAGR) of 24.50% between 2022 and 2030. The market is being driven by a number of factors, including government incentives, increased consumer awareness and demand, and advances in EV technology.”

 

“Improvements in battery technology have made EVs more affordable and increased their driving range, making them a more viable alternative to traditional ICE vehicles.”

 

NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), just announced the Company has achieved a significant technology milestone in its nanocoating manufacturing process. The new uniform nanocoating capability allows NEO’s proprietary silicon anode materials, NBMSiDE™, to extend EV driving ranges and prompt faster battery charging.

 

NEO has achieved the ideal nanocoating conditions to produce uniformly-coated silicon particles consistently. As a result, uniform nanocoating layers will be an additional advantage to enhance the current performance achieved by NBMSiDE™. Previously, non-uniform coatings often resulted in substandard capacity retention of NBMSiDE™ due to mechanical breakdown (refer to Figures A and B https://ca.finance.yahoo.com/news/neo-battery-silicon-anode-achieves-124500289.html).

 

However, this manufacturing breakthrough in uniform nanocoating will ensure robust capacity retention and enable coating thickness control during commercial-level testing. Figures C to E (https://ca.finance.yahoo.com/news/neo-battery-silicon-anode-achieves-124500289.html) show that the enhanced capability is agnostic to the silicon’s shape and structure, making possible uniform coatings on both spherical and edged particles.

 

Dr. S. G. Kim, CTO of NEO, commented, “Achieving uniform coating layers on the nano-scale is an exceptionally difficult task for a company of any size that handles chemical products. Especially for NEO, our metal silicon inputs take on a plate-shaped structure, which adds to the technical hurdle of enabling uniform coatings. However, by achieving this uniform coating capability through an additional solution process, we have made a remarkable accomplishment and have amassed great interest from 3rd party industry experts and players.”

 

Over the past 2 years, the Company has developed a novel manufacturing approach that combines the mixing, grinding and nanocoating process into a one-step system. This transformational innovation will allow NEO to supply silicon anodes that are 70% cheaper compared to current competitors technologies. The Company is also underway filing additional patents related to the technology and additive materials for the uniform coating solution process.

 

Mr. Spencer Huh, President and CEO of NEO, added, “With commercialization on track for 2024, this technology milestone marks another significant advantage for us in the battery industry. This uniform coating capability may also be applied to different chemical and battery materials, such as cathode materials. At NEO, we aim to provide one of the most transformative, cost-effective battery technology solutions to encourage the mass adoption of electric vehicles.”

 

According to a recent article in Whichcar.com, Tesla (NASDAQ: TSLA) has a new battery in the works for its Model 3 that could give 700km driving range. The Tesla Model 3 Performance is set to gain an upgraded battery later this year, according to the world’s largest EV battery supplier

 

Continued: Top spec 2024 Tesla Model 3 variants are expected to gain an all-new longer driving range battery pack utilising a different chemistry.

 

Continued: Reuters reports Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL) will start mass production on a new pack slated for the flagship Model 3 Performance this year – potentially coinciding with the anticipated 2024 project ‘Highland’ update.

 

Continued: CATL chair Zeng Yuqun reportedly told investors that it’ll feature new materials, offer higher energy density, and is cheaper than current nickel- and cobalt-based batteries.

 

Betting on battery swapping as part of its growth plan, NIO (NYSE: NIO) recently announced its March and first quarter 2023 delivery results.

 

From the news: NIO delivered 10,378 vehicles in March 2023. The deliveries consisted of 3,203 premium smart electric SUVs, and 7,175 premium smart electric sedans. NIO delivered 31,041 vehicles in the first quarter of 2023, representing an increase of 20.5% year-over-year. Cumulative deliveries of NIO vehicles reached 320,597 as of March 31, 2023.

 

Continued: Starting from March 28, 2023, NIO has rolled out the deployment of the third-generation Power Swap station in China, with each station having a service capacity of up to 408 swaps per day. As of March 31, 2023, NIO had deployed 1,339 Power Swap stations, 1,285 Power Charger stations with 6,467 chargers, and 1,154 destination charging stations with 7,993 chargers worldwide. NIO will speed up the expansion of the battery swapping network, and plans to install 1,000 Power Swap stations in 2023.

 

Continued: NIO has been gradually releasing NOP+ Beta to vehicles based on NIO Technology 2.0 (NT2.0). Since its debut on December 27, 2022, more than 30,000 users have activated and engaged NOP+ Beta, and the cumulative mileage has exceeded 15 million kilometers.

 

Rivian Automotive, Inc. (NASDAQ: RIVN) is making headlines with its increased driving range for its pickup and SUV.  Talking about the recent updates to these models, TopSpeed.com reported. “The most important new feature with the software update is likely to be an updated EPA range, which customers say could be at least 14 miles higher than before. According to further customer experience, the three driving modes after the update could thus deliver a range of 347 miles in Conserve driving mode, 315 miles in All-Purpose, and still 311 miles in Sport mode. One reason for the increased range of the R1T and R1S models is probably a battery update that Rivian is also performing with the software update.”

 

“The manufacturer confirmed that the battery is now characterized by an increased depth of discharge, which increases the usable energy of the battery. This is likely to be accompanied in particular by the practical effect of providing customers with a higher available mileage at the top end of the charge. Other enhancements as part of the update will also bring new infotainment features as well as a new steering system designed to improve straight-line stability.”

 

Going all in for the future EV market, Ford Motor Company (NYSE: F) announced earlier this month it is investing C$1.8 billion in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada – a key part of the company's plan to scale production of electric vehicles and make them more accessible to millions of customers.

 

Continued: Ford’s Oakville, Ontario, Manufacturing Site Prepares to Build Next-Gen EVs; C$1.8 Billion Transformation Begins 2024 (CNW Group/Ford of Canada) Ford’s Oakville, Ontario, Manufacturing Site Prepares to Build Next-Gen EVs; C$1.8 Billion Transformation Begins 2024 (CNW Group/Ford of Canada) The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024 to prepare for production of next-generation EVs. This marks the first time a full-line automaker has announced plans to produce passenger EVs in Canada for the North American market.

 

Continued: "Canada and the Oakville complex will play a vital role in our Ford+ transformation. It will be a modern, super-efficient, vertically integrated site for battery and vehicle assembly," said    Jim Farley, Ford president and CEO. "I'm most excited for the world to see the incredible next-generation electric and fully digitally connected vehicles produced in Oakville."

 

GM is getting competitive in the lithium battery market through strategic investments that will pay off in the future. Energy Exploration Technologies Inc. and General Motors (NYSE: GM) announced this month that GM Ventures is leading a $50 million Series B financing round in EnergyX, and has entered into a strategic agreement to develop EnergyX's lithium extraction and refinery technology. The collaboration is focused on unlocking the North American supply of lithium, a critical material for EV batteries, by using EnergyX's innovative process to maximize efficiency while improving sustainability for GM's rapidly scaling EV production.

 

EnergyX's direct lithium extraction (DLE) technology portfolio can make lithium metal directly from brine and potentially in anode-ready form for EV batteries, which enables more cost-effective and sustainable lithium recovery to unlock a vast lithium supply chain in North America that may otherwise be unviable.

 

GM is investing in every stage of the battery supply chain in North America, from raw materials to processing, to cell components and full battery cell production.

 

Battery technology innovation is the key to the long term success of the EV revolution, let the race begin.

 

Research EV and battery stocks at Investorideas.com stock directory

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

Disclaimer/Disclosure: Investorideas.com -Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more.. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring NBM.V is a paid for news release on Investorideas.com – (2250)  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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#Battery and #EV #Stocks to Watch (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA) (NYSE: $NIO) (NASDAQ: $RIVN) (NYSE: $F) (NYSE: $GM) @neo_battery @Tesla @NIOGlobal @Rivian @Ford @GM

 

#Battery and #EV #Stocks to Watch (TSXV: $NBM.V) (OTC: $NBMFF)  (NASDAQ: $TSLA)  (NYSE: $NIO) (NASDAQ: $RIVN) (NYSE: $F) (NYSE: $GM) @neo_battery @Tesla @NIOGlobal @Rivian @Ford @GM

 

Driving Innovation-The Road to Improved #BatteryTechnology for #EV’s

 

Vancouver, Kelowna, Delta, BC – April 19 2023 - Investorideas.com, a leading investor news resource covering EV and battery stocks releases a special news report on battery innovation, featuring Vancouver-based NEO Battery Materials Ltd. (TSXV:NBM) (OTC:NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries. The Company intends to become a silicon anode active materials supplier to the electric vehicle industry.

 

Read this article, featuring NBM in full at https://www.investorideas.com/news/2023/renewable-energy/04191Battery-EV-Stocks.asp

 

According to Market Research Future (MRFR) “The market size for Electric Vehicle is expected to reach USD 957.06 billion by 2030, with a compound annual growth rate (CAGR) of 24.50% between 2022 and 2030. The market is being driven by a number of factors, including government incentives, increased consumer awareness and demand, and advances in EV technology.”

 

“Improvements in battery technology have made EVs more affordable and increased their driving range, making them a more viable alternative to traditional ICE vehicles.”

 

NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), just announced the Company has achieved a significant technology milestone in its nanocoating manufacturing process. The new uniform nanocoating capability allows NEO’s proprietary silicon anode materials, NBMSiDE™, to extend EV driving ranges and prompt faster battery charging.

 

NEO has achieved the ideal nanocoating conditions to produce uniformly-coated silicon particles consistently. As a result, uniform nanocoating layers will be an additional advantage to enhance the current performance achieved by NBMSiDE™. Previously, non-uniform coatings often resulted in substandard capacity retention of NBMSiDE™ due to mechanical breakdown (refer to Figures A and B https://ca.finance.yahoo.com/news/neo-battery-silicon-anode-achieves-124500289.html).

 

However, this manufacturing breakthrough in uniform nanocoating will ensure robust capacity retention and enable coating thickness control during commercial-level testing. Figures C to E (https://ca.finance.yahoo.com/news/neo-battery-silicon-anode-achieves-124500289.html) show that the enhanced capability is agnostic to the silicon’s shape and structure, making possible uniform coatings on both spherical and edged particles.

 

Dr. S. G. Kim, CTO of NEO, commented, “Achieving uniform coating layers on the nano-scale is an exceptionally difficult task for a company of any size that handles chemical products. Especially for NEO, our metal silicon inputs take on a plate-shaped structure, which adds to the technical hurdle of enabling uniform coatings. However, by achieving this uniform coating capability through an additional solution process, we have made a remarkable accomplishment and have amassed great interest from 3rd party industry experts and players.”

 

Over the past 2 years, the Company has developed a novel manufacturing approach that combines the mixing, grinding and nanocoating process into a one-step system. This transformational innovation will allow NEO to supply silicon anodes that are 70% cheaper compared to current competitors technologies. The Company is also underway filing additional patents related to the technology and additive materials for the uniform coating solution process.

 

Mr. Spencer Huh, President and CEO of NEO, added, “With commercialization on track for 2024, this technology milestone marks another significant advantage for us in the battery industry. This uniform coating capability may also be applied to different chemical and battery materials, such as cathode materials. At NEO, we aim to provide one of the most transformative, cost-effective battery technology solutions to encourage the mass adoption of electric vehicles.”

 

According to a recent article in Whichcar.com, Tesla (NASDAQ: TSLA) has a new battery in the works for its Model 3 that could give 700km driving range. The Tesla Model 3 Performance is set to gain an upgraded battery later this year, according to the world’s largest EV battery supplier

 

Continued: Top spec 2024 Tesla Model 3 variants are expected to gain an all-new longer driving range battery pack utilising a different chemistry.

 

Continued: Reuters reports Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL) will start mass production on a new pack slated for the flagship Model 3 Performance this year – potentially coinciding with the anticipated 2024 project ‘Highland’ update.

 

Continued: CATL chair Zeng Yuqun reportedly told investors that it’ll feature new materials, offer higher energy density, and is cheaper than current nickel- and cobalt-based batteries.

 

Betting on battery swapping as part of its growth plan, NIO (NYSE: NIO) recently announced its March and first quarter 2023 delivery results.

 

From the news: NIO delivered 10,378 vehicles in March 2023. The deliveries consisted of 3,203 premium smart electric SUVs, and 7,175 premium smart electric sedans. NIO delivered 31,041 vehicles in the first quarter of 2023, representing an increase of 20.5% year-over-year. Cumulative deliveries of NIO vehicles reached 320,597 as of March 31, 2023.

 

Continued: Starting from March 28, 2023, NIO has rolled out the deployment of the third-generation Power Swap station in China, with each station having a service capacity of up to 408 swaps per day. As of March 31, 2023, NIO had deployed 1,339 Power Swap stations, 1,285 Power Charger stations with 6,467 chargers, and 1,154 destination charging stations with 7,993 chargers worldwide. NIO will speed up the expansion of the battery swapping network, and plans to install 1,000 Power Swap stations in 2023.

 

Continued: NIO has been gradually releasing NOP+ Beta to vehicles based on NIO Technology 2.0 (NT2.0). Since its debut on December 27, 2022, more than 30,000 users have activated and engaged NOP+ Beta, and the cumulative mileage has exceeded 15 million kilometers.

 

Rivian Automotive, Inc. (NASDAQ: RIVN) is making headlines with its increased driving range for its pickup and SUV.  Talking about the recent updates to these models, TopSpeed.com reported. “The most important new feature with the software update is likely to be an updated EPA range, which customers say could be at least 14 miles higher than before. According to further customer experience, the three driving modes after the update could thus deliver a range of 347 miles in Conserve driving mode, 315 miles in All-Purpose, and still 311 miles in Sport mode. One reason for the increased range of the R1T and R1S models is probably a battery update that Rivian is also performing with the software update.”

 

“The manufacturer confirmed that the battery is now characterized by an increased depth of discharge, which increases the usable energy of the battery. This is likely to be accompanied in particular by the practical effect of providing customers with a higher available mileage at the top end of the charge. Other enhancements as part of the update will also bring new infotainment features as well as a new steering system designed to improve straight-line stability.”

 

Going all in for the future EV market, Ford Motor Company (NYSE: F) announced earlier this month it is investing C$1.8 billion in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada – a key part of the company's plan to scale production of electric vehicles and make them more accessible to millions of customers.

 

Continued: Ford’s Oakville, Ontario, Manufacturing Site Prepares to Build Next-Gen EVs; C$1.8 Billion Transformation Begins 2024 (CNW Group/Ford of Canada) Ford’s Oakville, Ontario, Manufacturing Site Prepares to Build Next-Gen EVs; C$1.8 Billion Transformation Begins 2024 (CNW Group/Ford of Canada) The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024 to prepare for production of next-generation EVs. This marks the first time a full-line automaker has announced plans to produce passenger EVs in Canada for the North American market.

 

Continued: "Canada and the Oakville complex will play a vital role in our Ford+ transformation. It will be a modern, super-efficient, vertically integrated site for battery and vehicle assembly," said    Jim Farley, Ford president and CEO. "I'm most excited for the world to see the incredible next-generation electric and fully digitally connected vehicles produced in Oakville."

 

GM is getting competitive in the lithium battery market through strategic investments that will pay off in the future. Energy Exploration Technologies Inc. and General Motors (NYSE: GM) announced this month that GM Ventures is leading a $50 million Series B financing round in EnergyX, and has entered into a strategic agreement to develop EnergyX's lithium extraction and refinery technology. The collaboration is focused on unlocking the North American supply of lithium, a critical material for EV batteries, by using EnergyX's innovative process to maximize efficiency while improving sustainability for GM's rapidly scaling EV production.

 

EnergyX's direct lithium extraction (DLE) technology portfolio can make lithium metal directly from brine and potentially in anode-ready form for EV batteries, which enables more cost-effective and sustainable lithium recovery to unlock a vast lithium supply chain in North America that may otherwise be unviable.

 

GM is investing in every stage of the battery supply chain in North America, from raw materials to processing, to cell components and full battery cell production.

 

Battery technology innovation is the key to the long term success of the EV revolution, let the race begin.

 

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