Latest news with #PureLithiumCorp.
Time of India
9 hours ago
- Automotive
- Time of India
A Lithium startup is building a US battery plant that will skirt Trump's tariffs
US startup Pure Lithium Corp. is working on a testing facility to build a new type of lithium battery that's completely manufactured domestically. The company has developed a lithium metal battery that Chief Executive Officer Emilie Bodoin says will displace lithium-ion batteries. Pure Lithium has spent the last four years doing research and development on the technology, which could be used in electric vehicles, utility-scale energy storage and other applications. 'We're working as hard as we can to build a prototype pilot facility,' Bodoin said Tuesday in a Bloomberg Television interview. She added that the company is expanding its lithium production process and is integrating that into a manufacturing plant, 'and as soon as we get it up and running we're going to start getting these batteries out into the hands of US customers that need it.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Florida: These Companies Are Overcharging You for Auto Insurance OTTO Insurance Read More Undo The Boston-based company's move to build a pilot plant comes as President Donald Trump 's administration sets the stage for tariffs on imports of key battery components from China. Pure Lithium says it extracts lithium from brine to manufacture a battery free of graphite, nickel, cobalt and manganese, allowing it to be produced without any inputs from China. The company received a letter of interest from the US Export-Import Bank in April for financing of as much as $300 million. Live Events
Yahoo
18 hours ago
- Automotive
- Yahoo
A Lithium Startup Is Building a US Battery Plant That Will Skirt Trump's Tariffs
(Bloomberg) -- US startup Pure Lithium Corp. is working on a testing facility to build a new type of lithium battery that's completely manufactured domestically. Security Concerns Hit Some of the World's 'Most Livable Cities' As Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention Space How E-Scooters Conquered (Most of) Europe As American Architects Gather in Boston, Retrofits Are All the Rage Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown The company has developed a lithium metal battery that Chief Executive Officer Emilie Bodoin says will displace lithium-ion batteries. Pure Lithium has spent the last four years doing research and development on the technology, which could be used in electric vehicles, utility-scale energy storage and other applications. 'We're working as hard as we can to build a prototype pilot facility,' Bodoin said Tuesday in a Bloomberg Television interview. She added that the company is expanding its lithium production process and is integrating that into a manufacturing plant, 'and as soon as we get it up and running we're going to start getting these batteries out into the hands of US customers that need it.' The Boston-based company's move to build a pilot plant comes as President Donald Trump's administration sets the stage for tariffs on imports of key battery components from China. Pure Lithium says it extracts lithium from brine to manufacture a battery free of graphite, nickel, cobalt and manganese, allowing it to be produced without any inputs from China. The company received a letter of interest from the US Export-Import Bank in April for financing of as much as $300 million. Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros How a Tiny Middleman Could Access Two-Factor Login Codes From Tech Giants American Mid: Hampton Inn's Good-Enough Formula for World Domination The Spying Scandal Rocking the World of HR Software US Allies and Adversaries Are Dodging Trump's Tariff Threats ©2025 Bloomberg L.P.
