Daily Shorts: China’s Li Auto to launch battery EV, Rivian declares it is financially fit

Rivian Automotive raised full-year production estimates to 52,000 vehicles and proclaimed it was financially stable, bringing some cheer to the troubled US EV sector. Rivian, backe... Read More

Daily Shorts: Proterra files Chapter 11, Baosteel to study 10 million metric ton carbon capture project

Electric-vehicle parts company Proterra, which makes e-buses and battery packs, has filed for Chapter 11 bankruptcy protection. CEO Gareth Joyce said in a statement that the compan... Read More

Weekend Roundup: World Bank to fund 1,000 mini grids in Nigeria, Alberta pauses green approvals

The World Bank will help fund 1,000 solar-based mini grids in Nigeria along with the country's government and private sector, President Ajay Banga said. The bank has funded 150 suc... Read More

IESW 2023: Naveen Goudar, Managing Director, India - Atotech Group | Interview

"As a technology-agnostic upstream solutions company, MKS Atotech is ready for the clean energy epoch, but the real question, are the battery manufacturers and other clean ene... Read More

IESW 2023: Vishal Kapoor, CEO - Energy Efficiency Services Limited (EESL) | Interview

The Energy Efficiency Services Limited (EESL) is at the forefront of electric vehicle adoption and ecosystem development in the country. The Government of India-backed company has ... Read More

IESW 2023: Anant Misra, VP - Lithium Business, Livguard | Interview

At the recently held India Energy Storage Week 2023 event, energy storage solutions company Livguard took part as a distinguished exhibitor by showcasing some of its latest an... Read More

Acer expands into energy storage biz; picks up 11% stake in C-Life Technologies

Multinational hardware and electronics company, Acer Inc on Thursday (August 3) announced that its Board of Directors have given approval for the investment in C-Lif... Read More

Temasek invests INR 1200 crore in Mahindra’s EV subsidiary; raises stake

Global investment firm head-quartered in Singapore, Temasek has signed an agreement to invest INR 1,200 crore in Mahindra's electric vehicle subsidiary Mahindra Electric Automobile... Read More

Daily Shorts: Mexican governor eyes EV investment from Tatas, lithium miner tests new extraction process

Samuel Garcia, governor of the northern Mexican state of Nuevo Leon, is meeting executives in India as part of his plans to attract EV investments in the state, Reuters reports. Te... Read More

IBC to set up recyclable lithium-ion battery manufacturing unit in Karnataka

US-based International Battery Company (IBC) has signed an investment pact with the Government of Karnataka to build a recyclable lithium-ion battery manufacturing f... Read More

Hyundai, Kia deploy SCEMS to monitor supplier emissions

Hyundai Motor Company and Kia Corporation have introduced an AI-enabled Supplier CO2 Emission Monitoring System (SCEMS) to manage the carbon emissions of business partners, the HBA... Read More

World’s first EVx gravity energy storage system begins operations in China

Gravity-based energy storage solutions provider, Energy Vault announced that the world's first grid-scale gravity energy storage system EVx has entered the first phase of... Read More

Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill... Read More

Vistra completes phase III expansion of Moss Landing Energy Storage Facility

Texas-based power company Vistra Corp. on Tuesday announced the completion of phase III 350MW/1400MWh expansion of the Moss Landing Energy Storage Facility in California.The phase ... Read More

What after FAME II? IEMC brings industry stakeholders together to discuss way forward

With the objective to ensure sustained growth of EV adoption in India, more than 80 EV industry players have gathered in New Delhi today to propose a holistic reconsideration of de... Read More

BMTC introduces Tata Motor's smart e-buses in its fleet

TML Smart City Mobility Solutions a wholly owned subsidiary of Tata Motors has signed an order to supply, operate, and maintain 921 electric buses from the Bengaluru Metropolitan T... Read More

Is Exxon eyeing lithium? Reports of oil company in talks with Tesla, VW and Ford to supply the metal

Is ExxonMobil getting into lithium? Bloomberg reports that the oil major is in talks with electric-vehicle maker Tesla and conventional carmakers such as Volkswagen, Ford and other... Read More

Brookfield and Reliance Industries to manufacture clean energy equipment in Australia

Leading global asset management company, Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with India's largest private sector company, Reliance Industries... Read More

Daily Shorts: Swiss town gets 100% RE capacity, Germany’s getting an 800 MW hydrogen power plant and more

Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources... Read More

In a first, IFC to lend US$180 million to develop greenfield lithium operations

The International Finance Corporation (IFC) has announced that it will give a loan of up to $180 million to Alkem Ltd., a leading producer of lithium, for the development of Sal de... Read More

US proposes increasing mileage norms for ICE vehicles

The US has proposed increasing fuel economy norms for automakers as part of the government's efforts to reduce fuel use and cut greenhouse gas emissions. The proposal, announced by... Read More

The largest solar battery energy storage project in Latin America begins operations

In a historic milestone, AES Andes began commercial operations of Andes Solar llb, a 180MW solar/112MW battery storage system – the largest in Latin America -- earlier th... Read More

Next-gen energy storage: Asahi Kasei licenses manufacturing technology for lithium-ion capacitors

Understanding well that the demand for energy storage devices will continue to grow owing to the adoption of electric mobility and increased integration of renewables into the grid... Read More

Daily Shorts: Ford pivots to hybrids, First Solar announces $1.1 bn factory in US and more

Ford is pivoting to hybrids. CEO Jim Farley outlined a strategy under which the company will slow down its shift to electric vehicles and focus more on selling hybrids which run on... Read More

WEX Venture Capital seeks to invest up to $100M in startups focused on fleet electrification

The Board of Directors of Portland-based WEX on Thursday announced the establishment of its new investment arm, WEX Venture Capital to invest up to $100 million by the end of 2025 ... Read More

EV batteries that charge as quickly as cellphones?

Toyota has announced the next big thing in EV batteries. Or has it? This month, the Japanese automaker said it had found a cost-effective method to produce solid-state EV batteries... Read More

China bulks up on energy storage, BESS capacity up 37% in first five months of 2023

China has reworked power transmission arrangements and ramped up energy storage capacity as it seeks to protect its national grid from a repeat of the outages that hit the nation l... Read More

IBIS research project unveils breakthrough battery for auto and stationary storage applications

Intelligent Battery Integrated System (IBIS) a joint corporate and academic research project by CNRS (French National Center for Scientific Research), Stellantis and Saft unveiled ... Read More

ProLogium, MAHLE partner for solid-state battery solutions

Taiwanese solid-state battery manufacturer, ProLogium Technology Co. (ProLogium) on Tuesday signed a memorandum of understanding with MAHLE GmbH (MAHLE) for the development of the ... Read More

Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove... Read More