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General Motors announced that GM Ventures is leading a $50 million Series B financing round in EnergyX – a company specializing in direct lithium extraction and refinery technologies. As part of the investment, GM will help fund the commercialization of EnergyX’s sustainable extraction technology in exchange for lithium to be exclusively used for EV production.

Energy Exploration Technologies Inc., better known as EnergyX, is an American company founded in 2018 with the goal of delivering more sustainable and effective battery and energy storage solutions to our world.

The company has filed over 60 patents covering its array of technological breakthroughs, including its Lithium Ion Transport and Separation (LiTAS) portfolio, consisting of unique direct lithium extraction (DLE) methods. These sustainable processes utilize proprietary membranes, solvents, and adsorbents to optimize lithium recovery for Li-brine resource producers, intended to create a process that smoothly operates from “brine to battery.”

As one of the largest automakers in the US, GM is slowly but surely going all-electric. While it has yet to deliver many of the new BEV models it is advertising, those models are on the way, and there are even more in its production pipeline. This pivot toward an all-EV future will require the ongoing revamping of assembly lines and massive amounts of precious resources like lithium which are vital to current EV battery chemistry.

Under the new terms for EVs to qualify for the federal tax credits outlined in President Biden’s Inflation Reduction Act, now hardened by the US Department of Treasury’s new battery guidance, it’s more important than ever to reliably source battery components from North America.

GM appears to have found a partner in EnergyX, gaining exclusive access to local lithium supplies, but it also looks to fund the company’s development of more efficient and sustainable methods of extracting the precious element.

GM Lithium
A chart demonstrating how EnergyX’s LiTAS refinery process compared to other methods / Credit: EnergyX

According to General Motors, its GM Ventures division, which invests in tech startups, is leading a $50 million funding round in EnergyX alongside other unnamed investors. The Series B funding round is focused on furthering EnergyX’s research and development relating to its DLE technology with the goal of unlocking the coveted supply of lithium in North America.

As you can see from the chart above, EnergyX’s extraction process can create lithium metal directly from brine that is potentially anode-ready to be implemented in EV batteries. The process is not only more sustainable but also more cost-effective. Add a localized supply chain, and it’s no wonder GM is investing in the prospect of gaining access to the lithium EnergyX may produce. EnergyX CEO Teague Egan spoke about his company’s technology:

The EnergyX team of scientists and engineers have worked relentlessly for five years developing cutting-edge DLE technology to solve the immense bottlenecks that have limited global lithium production and supply chain. This single bottleneck (a massive lithium shortage) is the biggest challenge to scaling EV production. We will unlock lithium supply in the U.S., a pivotal move in expanding the EV industry. There are many ways of gauging success, but few are more rewarding than the support of leaders like GM. We’re energized by GM’s investment and will keep a ‘Day 1’ attitude as we pursue our goal of making EnergyX the biggest lithium company in the world.

GM’s investment money comes with a conditional agreement with EnergyX that includes three key components pertaining to the potential lithium supply on the continent:

  • The two American companies will implement a technology development program to support the commercialization of EnergyX’s advanced DLE and refinery processes, potentially replacing traditional evaporation pond methods.
  • GM gets access to competitive lithium offtakes for its own exclusive use in EV production, including material sourced from North and South American mining companies contracted by EnergyX.
  • GM will provide additional financing for lithium production projects in North and South America, using EnergyX’s technology to drive potential supply chain opportunities for the automaker.

Last year, EnergyX became the first company to design and commission a successful, five-month, in-field pilot plant program in the “Lithium Triangle,” located along the Atacama Desert in South America. The company’s LiTAS technology can increase lithium recovery rates to over 90%, significantly higher than the current industry standard of 30-40% using ponds, and even got as high as 94% during the pilot trials.

With fresh funding led by GM, EnergyX now looks to scale those existing lithium extraction systems into new pilot plants across North and South America on its way to full-scale commercialization. GM’s vice president of global purchasing and supply chain Jeff Morrison also spoke about the new collaboration with EnergyX to obtain more lithium:

We are committed to securing EV critical minerals that are sustainable and cost competitive to maintain our leadership position among automakers. The investment in EnergyX is a further proof point of GM’s leadership position. EnergyX is developing a novel direct lithium extraction process that’s not only cost competitive but also will reduce energy, land and water usage as compared to the current extraction and processing process for brine-based lithium. We are excited to be partnered with EnergyX on their efforts.

EnergyX is currently in the process of erecting a new 40,000-square-foot facility in Austin, Texas, to headquarter its growing operation. Learn more about EnergyX and its proprietary approach to Lithium extraction in the video below:

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There’s a brewing risk to the stock market rally — and it’s not the flare-up in China trade tensions

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Clear skies ahead – Delta partners with Maeve on M80 hybrid regional aircraft

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Clear skies ahead – Delta partners with Maeve on M80 hybrid regional aircraft

Delta Air Lines is teaming up with Dutch aviation startup Maeve Aerospace to take its idea for a more advanced, fuel-sipping hybrid-electric aircraft powertrain from the drawing board and into regional commercial service.

Delta Air Lines announced a new partnership with Maeve Aerospace meant to accelerate certification and deployment of the startup’s next-generation hybrid-electric regional aircraft – a move that could reduce the company’s fuel consumption on those routes by up to 40% compared to ICE-only assets.

“Delta is proud to collaborate with Maeve to help shape the next chapter of regional aviation and accelerate progress toward a more sustainable future of flight,” said Kristen Bojko, Vice President of Fleet at Delta Air Lines. “As we work toward the next generation of aircraft, we look to partners like Maeve who embody the bold, forward-thinking innovation we champion at Delta – solutions that advance aircraft design, enhance operational efficiency, elevate employee and customer experiences, and cut emissions. While driving toward transformative technologies that strengthen our network and redefine regional air travel remains a key priority, we’re equally focused on safety and a more sustainable future of flight.”

The collaboration positions Delta among a growing list of carriers investing in lower-carbon emission aviation tech as regulators, passengers, and activist investors alike push for cleaner operations.

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Maeve M80 hybrid


M80 hybrid-electric regional aircraft; via Maeve.

Maeve introduced its M80 hybrid-electric, 80-seater aircraft in November of 2023 as a sustainable, cost-effective aircraft designed to satisfy the operational needs of the majority of regional operators and airports.

As designed, the M80 promises an operating range of more than 900 miles (~1,500 km) with 40% higher fuel efficiency than conventional aircraft. Similar in concept to the way Toyota’s Prius uses its electric motors to accelerate and cruises on a small ICE engine, the Maeve’s hybrid engine architecture provides additional electric power assistance at low altitude, high-drag flight.

The M80’s electric motors can also be used during taxiing operations on the ground to reduce surface-level carbon emissions while also supporting a more efficient integration of more electric aircraft systems. Two facets of the aircraft’s designs that are specifically called out by Delta’s press material as being of extreme interest to the commercial carrier.

“It’s a privilege to have Delta as a partner in the development of groundbreaking technologies and processes,” shared Martin Nuesseler, Chief Technology Officer at Maeve Aerospace. “Their expertise in fleet innovation and commitment to aviation sustainability is unmatched, and we’re proud to work together to tailor the MAEVE Jet for the US market.”

SOURCE | IMAGES: Delta.


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Hear me out: instead of faster chargers, we should lobby for SLOWER gas pumps

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Hear me out: instead of faster chargers, we should lobby for SLOWER gas pumps

Utilities, state governments, and private developers are racing to roll out faster, more powerful EV chargers. At the same time, automakers and tech giants across the globe are pouring billions into R&D to develop batteries that can take ever-higher levels of power. But what if there’s a better, easier, cheaper, and more effective way to cut emissions?

What if, instead of faster chargers, we pushed for SLOWER gas pumps?

I want to start this conversation by pointing out that there’s a precedent for this idea. Back in 1993, the Environmental Protection Agency (EPA) finalized a rule that limited the rate that gas service stations could pump fuel to a maximum of 10 gallons per minute (gpm), with the stated goals of reducing evaporative emissions and promoting safety by ensuring the integrity of the nation’s refueling infrastructure.

Officially dubbed “61 FR 33033 – Regulation of Fuels and Fuel Additives: Controls Applicable to Gasoline Retailers and Wholesale Purchaser-Consumers; 10 Gallon Per Minute Fuel Dispensing Limit Requirement Implementation,” the rule was finalized in January of 1993 and went into effect in 1996. Now, almost thirty years later, I think it’s time to revisit 61 FR 33033 in a way that helps reduce emissions even more.

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To zero.

The pitch


Gavin Newsom high-fives JB Pritzker; by ChatGPT.

The basic idea is this: instead of “just” asking for utility rate-payers and State or local governments to help cover the costs of rolling out an increasingly huge EV charging infrastructure that will never be big enough to convince the red hats it’s ready, anyway, we focus our lobbying efforts on slower gas pumps in blue states. Like, significantly slower gas pumps.

By reducing the maximum pumping speed from 10 gpm to 3 gpm, we could increase the minimum time to fill up a half-ton Ford F-150’s 36 gallon fuel tank (yes, really) from under four minutes to nearly twelve (12). Factor in the longer wait times ICE-vehicles would have to endure waiting in line to refuel, as well, and we’re talking about a 20-30 minute turnaround time to go from just 10% to a usable 80-or-90% fill.

Y’all see where I’m going with this?

Everybody wins


EV charging, via BP Pulse.

Way back in 2022, oil giant BP claimed that its BP Pulse electric vehicle chargers were “on the cusp” of being more profitable than its gas pumps. Now, three years and several technological leaps since, BP is investing billions to expand its EV charging infrastructure – and it doesn’t take a genius to realize that they’re expecting a positive ROI.

You don’t have to take my word for that, though. You can take big oil’s. “If I think about a tank of fuel versus a fast charge, we are nearing a place where the business fundamentals on the fast charge are better than they are on the (fossil) fuel,” BP head of customers and products, Emma Delaney, told Reuters.

Those fundamentals revolve around amenities. If you’re popping into a gas station for a three or four minute visit, you’re probably getting in and out as fast as you can. But if you’re there a bit longer? That’s a different story. You might visit the rest room, might buy a snack or order a coffee or suddenly remember you were supposed to pick up milk on your way home, even – and that stuff has a much higher margin for the gas station than the dino-juice, totaling 61.4% of all fuel station profits despite being a fraction of the overall revenue.

The other big winner, of course, is literally everyone. The forgotten costs of fossil fuels cost Americans billions in healthcare bills and environmental clean up each year, and untold trillions of dollars of military spending (to say nothing of the toll on three generations of American blood spilled in the Middle East to secure an affordable supply of oil).

With this plan, ICE-holes and Hemi zealots can continue to have their gas (if they decide it’s worth the wait, so be it). Meanwhile, the well-adjusted normals figure out real quick that it’s better, cheaper, and easier to charge at home.

The rest will take care of itself.

What do you guys think? Does this low-cost, high-impact idea to cut the time delta between refueling your gas car and recharging your EV have legs? What concerns do we need to address before we take it to Gavin and JB? Let us know, in the comments!

Original content from Electrek; featured image by Wikimedia user Coolcaesar, under the Creative Commons Attribution-Share Alike 3.0 Unported license.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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