AMTE Power eyes £240m automotive sales pipeline as loan expands production

Battery manufacturer AMTE Power has raised new funds as talks with a potential equity investor are expected to complete in the coming weeks. The company, which has a plant in Thurso and is hoping to build

Today, sodium-ion batteries are getting noticed as a possible alternative to lithium-ion batteries. With substantial investments in the technology by such global leaders as Contemporary Amperex Technology Co., Limited (CATL) and BYD heralding production on a

Batteries are the lifeblood of our smartphones, electric vehicles, and other technological devices. While lithium-ion (Li-ion) batteries are currently the most widely used, there are several emerging alternatives that could address the limitations and problems of

From smartphones to electric vehicles, batteries single-handedly power some of the single most impactful technologies in our lives. And while batteries themselves aren’t some new technology, the lithium-ion (Li-on) kind that powers most of our devices

As the global demand for batteries grows in the race to decarbonize, research is evaluating potential complements to the industry favourite, lithium-ion. Especially in applications involving electric vehicles, lithium-ion batteries might be the darlings of the

Let’s face it – it’s hard to imagine modern life without batteries. We are dependent on our devices and most of them, including phones, computers, watches, tablets, toys, and even cars need batteries to function. Having to

Battery cell manufacturer AMTE Power has secured a £1m bridging loan to facilitate a proposed equity raise. The company has received the loan facility from Arena Investors LP to provide sufficient time for the business and

Battery manufacturer AMTE Power has secured a £1 million lifeline while talks continue with a potential new equity investor to provide further funding. The company, which has a plant in Thurso and wants to build a

A project from Oxfordshire-based AMTE Power has been named as one of three projects from UK small and medium sized enterprise (SME) battery developers, which will share around £1 million of funding. The funds were awarded via the

The head of one of Britain’s few surviving homegrown battery manufacturers has threatened to build its planned new factory overseas unless the UK closes the gap with subsidies offered by the EU and US. Alan Hollis,

The UK government must continue to support the creation of a British battery industry, a senior tech boss has warned, as a growing number of firms are being pulled towards the US due to its attractive