Stellantis to invest $400 mn to make electric vehicles at US plants

The Ram 1500 REV --- Stellantis’ first battery-electric light-duty pickup truck --- is due later this year. Image: Stellantis

Stellantis has announced plans to invest more than $406 million across three factories in Michigan, USA to convert them into production of electric vehicles (EVs) in line with the ...

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Fortescue Metals co-leads Series B investments in Chinese electrolyzer maker Hyproof

Australia's Fortescue Metals Group has invested in Chinese electrolyzer membrane manufacturer Hancheng Technology (Hyproof). The company co-led an investment of up to $14 million a...

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BYD posts record sales in China, buys German EV distributor to bolster European presence

Image: BYD

Chinese electric vehicle (EV) maker BYD announced it will buy Hedin Electric Mobility (HEM), one of the companies that distributes its EVs in Germany, as part of the Chinese compan...

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China's Hygreen to invest $2.2 bn for green hydrogen production in Spain

Image: Hygreen Energy

Hygreen Energy, a global electrolyzer manufacturer, plans to invest $2.2 billion developing green hydrogen capacity in Spain's Andalusia region, the country's regional government a...

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US customs detains Indian solar panels for using Chinese raw material sourced through forced labor

Images: Pexels

US Customs and Border Protection (USCBP), the country's national customs authority, has detained nearly $43 million worth of Indian electronics equipment since October 2023 under a...

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Canada follows US, Europe in imposing higher tariff on EVs from China

Image: Pexels

Canada has imposed a 100 percent tariff on electric vehicles (EVs) imported from China, while also levying a 25 percent tariff on steel and aluminum imported from the Middle Kingdo...

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Sineng Electric will power the world's largest sodium-ion BESS in Hubei, China

Image: Sineng

China's Sineng Electric announced it has been chosen to provide its string PCS MV turnkey stations for the world's largest sodium-ion battery energy storage system (BESS) project i...

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Morocco emerges as staging post for Chinese firms eyeing Europe and US

As the US and Europe tighten their restrictions on clean technology imports from China --- solar panels, batteries, components, etc --- the Middle Kingdom is actively looking for b...

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As BYD inches closer to Mexico plant, company eyes foray into Canada market

BYD is looking to enter the Canadian passenger vehicle market, according to a regulatory document the Chinese electric vehicle maker filed in July. Documents filed with authorities...

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First batch of Stellantis-Leapmotor JV EVs -- an SUV and a hatchback -- are headed to Europe

Image: Stellantis

The first batch of electric vehicles from Leapmotor International, the 51:49 joint venture between European carmaker Stellantis and Chinese EV manufacturer Leapmotor, have been shi...

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BYD begins production of electric supercar that's faster than a Ferrari

Image: BYD

China's BYD, maker of some of the cheapest electric vehicles on the market, is heading upmarket with a vengeance. The company has begun manufacturing its first electric supercar, r...

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Chinese e-truck maker Windrose plans US factory, will challenge Tesla on home turf

Image: Windrose

Electric truck company Windrose is planning to set up a US assembly plant for its semi-trucks in a move that would directly challenge Tesla, the Chinese company's founder and CEO H...

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GCube launches specialized consortium to offer insurance for BESS worldwide

Image: Shutterstock

GCube Insurance, a leading insurance company for renewable energy projects, announced the launch of a new consortium to provide cover for battery energy storage systems (BESS) worl...

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Sungrow to supply batteries for Engie's 200 MW Vilvoorde project

Image: Sungrow

Chinese company Sungrow Power Supply Co Ltd announced it had bagged a contract to supply its battery energy storage systems to Engie's 200 MW/ 800 MWh Vilvoorde project in Belgium....

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Eve Energy plans $450 mn investment to make energy storage batteries in Malaysia

EVE Energy said the Malaysian plant could produce square and cylindrical lithium-ion batteries. Image: Shutterstock

Chinese company Eve Energy announced it would invest ~$450 million to build a new factory in Malaysia that will manufacture batteries for use in energy storage and consumer applica...

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BYD to set up $1 bn EV plant in Turkey, ensuring access to European markets

Image: Turkey Directorate of Communications

BYD, the world's largest electric car maker, has agreed to invest $1 billion to set up a manufacturing plant in Turkey, with a deal signed in Istanbul between Fatih Kacır Mehmet, T...

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China's buildings sector needs a $1.33 trillion makeover to keep emissions in check: World Bank

A report by the IFC points out that construction value chains account for about 40 percent of energy and industrial-related CO2 emissions worldwide. Separately, Indi...

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Energy Vault tests and commissions the world’s first commercial-scale gravity energy storage system

Leading grid-scale energy storage solutions provider, Energy Vault Holdings Inc., (Energy Vault) earlier in May announced that it has completed the testing and commissioning of the...

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Architectural powerhouse designs buildings with built-in gravity energy storage

Image: Pexels

Skidmore, Owings & Merrill --- the firm that designed the Burj Khalifa in Dubai --- has signed an exclusive partnership with Energy Vault and deve...

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​Amara Raja licenses prismatic, cylindrical cell technology from Gotion subsidiary GIB

Amara Raja announced it had tied up with leaing global battery manufacturing company Gotion High-Tech for LFP cell technology. The agreement was signed between Amara Raja Adva...

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Mercedes-Stellantis combine halts work at gigafactory sites, considers switch to LFP cells

Image: ACC

Carmakers Mercedes and Stellantis have halted construction of their joint venture EV battery factories and are taking a relook at their EV battery plans. Reports say the two partne...

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What EU tariffs will do to trade with China

Image: Pexels

Imports of Chinese electric vehicles to Europe would drop 25 percent if the continent imposed a 20 percent import tariff on vehicles from the Middle Kingdom, according to a report ...

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Gotion showcases EV batteries that charge to 80 percent in > 10 mins

Image: Gotion

China's Gotion High-Tech might have stolen a march on the rest of the world, including homegrown rival CATL, with the development of a car battery that can go from zero to 80 perce...

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Tesla breaks ground on $200 mn ESS plant in Shanghai, its first outside US

Image: Tesla

Company has also reportedly told EV suppliers to set up capacity outside China and Taiwan from next year Tesla has broken ground in Shanghai on the company's first battery factory ...

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Stellantis JV to launch Leapmotor EVs in nine European countries from September

Stellantis announced a joint venture with the Chinese electric vehicle startup Leapmotor to retail EVs outside China. The venture, dubbed Leapmotor International, will be headquart...

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US alleges Chinese dumping, levies stiff tariffs on EVs, Li-ion batteries

The US announced new levies on $18 billion worth of Chinese imports, largely in the clean energy space, including a 100 percent tax on Chinese electric vehicles imported into the c...

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China activates first large-scale sodium-ion battery

Image: CSPG Energy Storage

China has started operation of its first large-scale sodium-ion battery storage station, the company operating the battery has announced. China Southern Power Grid Energy Storage, ...

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US considering higher tariffs on clean energy goods from China; 100 percent levy on EVs

A lineup of electric vehicles manufactured by China's BYD, the world's largest maker of EVs. Image: BYD

The US is considering a 100 percent levy on Chinese electric vehicles --- four times as much as the 25 percent tariff levied at present --- news reports quoting unidentified govern...

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Battery giant CATL to power Beijing Hyundai’s future EV models

Leading battery producer, Contemporary Amperex Technology Co Ltd (CATL) on Friday (April 25) signed a strategic partnership agreement with Beijing Hyundai to cooperate on Beijing H...

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China, leader in EVs, could overtake the world in hydrogen mobility too

Image: Shutterstock

China might be stealing a march on the world yet again. The government is targeting to build at least 1,200 hydrogen refueling stations for mobility across the country by 2025, whi...

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