AM Batteries Recognized as One of America’s Top Greentech Companies 2024 by TIME
We are thrilled to announce that AM Batteries has been named one of America’s Top Greentech Companies in 2024 by TIME magazine. This prestigious recognition highlights our dedication to innovation, sustainability, and driving positive change in the battery industry. TIME magazine, in collaboration with Statista, evaluated over 4,600 sustainability-focused companies across the United States to […]
Beyond the Charge: Reducing The Environmental Impact of Battery Making
In this week’s episode of the Climate Confident Podcast, I had the pleasure of sitting down with Lie Shi, CEO of AM Batteries, to explore their groundbreaking approach to lithium battery production. Our conversation shed light on a revolutionary solvent-free method for creating lithium battery electrodes, a significant step forward in making the battery manufacturing process cleaner […]
AM Batteries – Dry Battery Electrode 2.0
Hieu Duong, the Chief Manufacturing Officer of AM Batteries joins me to discuss their dry battery electrode manufacturing process, whilst discussing his experience with Maxwell Technologies and Tesla post acquisition. We acknowledge their recent $30M series B funding round and what this means for the business, whilst talking through the various opportunities dry process manufacturing […]
AM Batteries Closes $30M Series B led by Toyota Ventures to Accelerate the Commercialization of its Dry Battery Electrode Technology
With additional backing from top-tier strategic and financial investors, the company’s dry electrode battery manufacturing technology reduces CO2 emissions, speeds the battery manufacturing process, and reduces cost for an expanding global EV market Chelmsford, MA – December 4, 2023 – AM Batteries, a pioneer in the field of lithium-ion dry-electrode technologies, today announced it closed […]
Exclusive From The Electric: The Lead Inventor of Dry Electrode Coating Exits Tesla for a Startup
Hieu Duong, lead inventor of a process touted by Tesla CEO Elon Musk as a way to sharply cut the carmaker’s battery costs, has left Tesla for a startup that’s pursuing the same advance using a different approach. In a surprising development, AM Batteries, a tiny Chelmsford, Mass., company with no revenue, hired Duong as […]
AM Batteries Nabs Industry Veterans from Tesla, Celgard to Mass Produce Low CO2 Footprint Li-ion EV Batteries
AM Batteries appoints former president of Celgard, Lie Shi, as CEO and Maxwell, GE and Tesla Veteran, Hieu Duong, as Chief Manufacturing Officer Chelmsford, MA – October 19, 2023 – Today, AM Batteries (AMB), a pioneer in the field of lithium-ion dry-electrode technologies, announced the appointments of Lie Shi as the new CEO and […]
AM Batteries Named a BostInno 2023 Fire Awards honoree in Cleantech Category
In October, BostInno announced AM Batteries as one of the honorees for BostInno’s Fire awards. BostInno’s annual Fire awards are the publication’s premier awards that are meant to highlight the startups, growing companies and people that have had a banner year within the local ecosystem. The fifty honorees showcased success in raising funds, growing their […]
AM Batteries (AMB) and Amperex Technology Limited (ATL) to Jointly Develop Solvent-Free Electrode Manufacturing Technology for Li-Ion Batteries
AMB is an innovative manufacturing company developing next-generation, lower-carbon footprint, and lower-cost dry-electrode manufacturing technology for lithium-ion batteries. ATL is a world-leading lithium-ion battery producer and manufacturer of quality rechargeable lithium-ion battery cells. Working together, AMB and ATL have signed a joint development agreement to accelerate the development of solvent-free dry electrode manufacturing processes that […]
AM Batteries (AMB) Secures $25M Series A Financing to Scale Manufacturing of Novel Lithium-Ion Dry-Electrode Technology
AM Batteries (AMB) is a Boston-based innovative manufacturing company developing a next-generation, lower-carbon footprint and lower cost dry-electrode manufacturing technology for lithium-ion batteries Anzu Partners, an investment firm that focuses on breakthrough industrial technologies, led AMB’s oversubscribed $25M Series A funding round, with participation from TDK Ventures, Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, […]
Solvent-Free, Dry-Electrode Manufacturing for Batteries: Our Investment in AM Batteries
By Lisa Coca, Partner, Climate Fund Sales for electric vehicles (EV) are setting all-time highs while government regulations and incentives are paving the way for continued explosive growth in the demand for batteries. McKinsey expects that battery demand will grow, on average, by more than 20 percent per year until 2030, reaching at least $360 billion globally. Consequently, investments in […]
