Microvast

EV mobility developer REE Automotive has publicly revealed who will supply the battery packs to its modular platforms. Microvast has signed a supply agreement with REE to provide its high-energy lithium-ion battery packs to “Powered by REE” modular EV technology as the latter works to bring commercial EVs to market, beginning with the P7 platform. REE Automotive ($REE) is an e-mobility solutions company headquartered in Herzliya, Israel, but has additional offices in the UK and Germany that…

Separators are safety-critical EV battery components, so GM and battery maker Microvast are pairing up to develop the technology of separators, as well as build a new separator plant in the United States. Separators separate the anode from the cathode, allowing for ion transfer. It’s one of the most important elements inside the battery cell. The US Department of Energy’s Battery Materials Processing and Battery Manufacturing initiative will support the two companies’ development work with a $200 million grant.…