Stellantis announced it would buy 21 percent in Chinese EV company Leapmotor for $1.6 billion. In addition, the two companies have formed a joint venture that will hold exclusive r... Read More
Toyota today unveiled a Lexus concept car with almost twice the driving range of conventional EVs. The LF-ZC concept car, based on advanced battery technology that Toyota has been ... Read More
British automaker Jaguar Land Rover opened an EV test centre in England, pointing out that this would save on costs and carbon emissions resulting from shipping prototypes to test ... Read More
China restricted the export of some graphite products from December, in what is seen as a counter to a US freeze on transfer of semiconductor technology to the Middle Kingdom. Chin... Read More
In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress... Read More
In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress... Read More
US lithium miner Albemarle withdrew its proposal to acquire Australia's Liontown Resources for A$6.6 billion, citing "growing complexities" over the deal. Following the announcemen... Read More
The US Department of Energy (DOE) announced $7 billion in aid to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the mainland and accelerate commercial-scale deployment o... Read More
Japan's Marubeni Corp signed a memorandum of understanding (MoU) with the UK government to invest 10 billion pounds ($12.3 billion) in clean energy projects over the next decade. T... Read More
India and the US will collaborate to deploy 10,000 made-in-India electric buses across Indian cities as part of their co-operation agreements. Under the agreement, US government ag... Read More
China General Nuclear Power Group (CGN) has signed an agreement to develop a renewable energy base in Laos. In a statement, CGN said the base would incorporate wind, solar, hydro a... Read More
Battery startup Lyten, Inc, announced it had raised $200 million in funding aimed at helping it scale up manufacturing and commercialize its first three product lines: Lithium-Sulf... Read More
The Summit Group of Bangladesh announced it would invest $3 billion in solar, wind and hydroelectricity generation projects across the subcontinent as part of its clean energy push... Read More
India has approved a scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS) in an attempt to reduce the cost of energy storage for pow... Read More
Stellantis-owned marque Opel plans to offer an EV for about €25,000 from around 2026, the company's CEO Florian Huettl said. That's less than half the current average price for an ... Read More
The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli... Read More
The Union power ministry has released the finalized National Framework for Promoting Energy Storage Systems, bringing cheer to the industry as well as forums such as the India Ener... Read More
The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre... Read More
Tesla is under the scanner of US authorities over vehicle range claims, media reports indicate. The Wall Street Journal reported federal prosecutors are looking into the company's ... Read More
India is currently dispensing E20 fuel (petrol blended with 20 percent ethanol) at more than 3,300 stations across the country, and the same will be available pan-India by 2025, Un... Read More
ONGC, India's largest oil company, will invest ₹2 lakh crore (just above $24 billion) on clean energy projects Chairman Arun Kumar Singh told the company's annual general meeting o... Read More
Chinese EV powerhouse BYD said first-half profit tripled to $1.50 billion, as record deliveries helped the company retain the title of China's biggest-selling automotive brand. Dat... Read More
The Middle East is primed for a 'clean revolution' with installed renewable energy capacity in the Middle East-North Africa (MENA) region set to grow from 40 GW in 2022 to 220 GW b... Read More
India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th... Read More
Germany plans to expand geothermal capacity 10 times by 2030, the country's chancellor said. Germany has some of Europe's biggest geothermal reserves, but has been slow to tap them... Read More
The Indian government notified the country's green hydrogen standard over the weekend, outlining emission norms that must be met for hydrogen to be classified as 'green', or coming... Read More
Denmark will earmark around $4 billion in aid to carbon capture storage (CCS) projects, the country's climate ministry announced. The grants will be disbursed over 15 years, but el... Read More
India has amended laws to allow private companies to prospect for six rare and critical minerals, including lithium, which were off limits until now, multiple news outlets reported... Read More
Canada has released draft clean electricity regulations aimed at creating a Net Zero power grid by 2035, but said the country would allow some use of fossil fuels. The proposals st... Read More
The chief of India's central bank has said there was an urgent need for increasing green funds to emerging markets. Making closing remarks at a G20 finance event, Reserve Bank of I... Read More
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