US battery startups have found a lifeline in defense

U.S. battery startups hit a rough patch when the One Big Beautiful Bill eliminated battery and EV incentives, undercutting a chunk of future demand. But recently, they’ve found a lifeline in the defense world, helping to power everything from drones and torpedoes to infantry radios and fighter jets. The Trump administration, despite its open disdain…

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Group14 lands 3M from SK, Porsche, and others to make silicon anodes for EVs

Group14 lands $463M from SK, Porsche, and others to make silicon anodes for EVs

Battery materials startup Group14 announced Wednesday it has closed a $463 million funding round to expand its manufacturing footprint, a sign that investors remain confident in the future of electric vehicles. The startup manufactures silicon anode materials, which significantly boost the storage capacity of lithium-ion batteries. Group14 currently operates three factories, two in the U.S….

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