'India on track for E20 rollout by 2025, will save ₹35,000 crore in import bills'

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...

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Daily Shorts: China prepares to recycle old wind and solar equipment, Ford plans plant in Canada and more

China announced plans to set up a recycling system for old solar panels and wind turbines to manage equipment slated for retirement in the coming years. Multiple state agencies rel...

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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...

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Daily Shorts: Vietnam EV maker heads to US, gas companies push for investments and more

Streets of Houston, the most populous city in Texas. Image: Pexels

Vietnamese automaker VinFast announced it will next week begin constructing a $4 billion electric vehicle factory in the US state of North Carolina, also home to Toyota's battery f...

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Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Mercedes' all-electric SUV, the EQE. Image: Mercedes Benz

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh...

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BYD's billion $ India plant: on or not?

BYD entered India in October last year. Image: BYD India

What's the status of BYD's reported $1 billion plant in India? The latest news report says it's been scotched due to security concerns, but that might not be the end of it. Last we...

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Daily Shorts: China's Farizon raises $600 million, Musk says Tesla could deploy robots next year and more

Farizon, an electric and hybrid truck manufacturer owned by China's Geely, announced it had raised $600 million from investors led by Boyu Capital and Yuexiu Industrial Fund. The c...

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Tatas pick UK for £4 billion gigafactory that will supply JLR's future models

The factory will supply batteries to future Jaguar and Land Rover vehicles. Image: JLR

Tata Group announced it will set up a battery manufacturing plant in Britain to support the company's electric vehicles. The investment is being made through Jaguar-Land Rover and ...

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Tesla settles one lawsuit, kickstarts another

Tesla's directors have agreed to return $735 million in compensation, agreed not to receive any pay for 2021, 2022 and 2023, and to change the way board compensation is decided. Image: Tesla

Tesla resolved a dispute over director pay on Monday, according to court filings made in the US state of Delaware. The company's directors said they will return $735 million to clo...

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Daily Shorts: US offers India cheap capital for clean energy, European solar output jumps on heatwave, and more

India and the US agreed to work together on climate goals and energy transition. US Treasury Secretary Janet Yellen met India's Finance Minister Nirmala Sitharaman and announced pl...

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Weekend roundup: Tesla unveils Cybertruck, US launches $20 bn in cleantech grants, and more

Tesla built its first Cybertruck, an EV pickup model it showcased four years ago (where an engineer cracked its so-called 'armor' glass). The vehicle gives Tesla entry into one of ...

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Another US EV company in trouble: Faraday Future to restate accounts

Faraday Future said the accounting errors would not affect deliveries of its FF 91 2.0 car. Image: FFIE

Faraday Future Intelligent Electric, a US electric vehicle developer, appointed a new financial chief and said it would restate financial statements for 2022 and the quarter ended ...

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Renault Chairman warns of 'Chinese storm' in EVs

Reducing Europe’s dependence on China for raw materials will require billions of euros in investment to build new supply chains, Senard says. Source: PR Newswire

Europe's electric vehicle sector faces a "Chinese storm", Jean-Dominique Senard, Chairman of French automaker Renault, said in an interview, referring to the Middle Kingdom's domin...

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Canada's sweeteners out: C$15 bn for Stellantis-LG Energy battery plant

Mark Stewart, Chief Operating Officer for Stellantis for North America (left), with Dong-Myung Kim, President of LG Energy's Advanced Automotive Battery Division. Image: LGES

A day after Stellantis-LG Energy Solution announced they would resume construction of their battery plant in Canada, the increased incentives awarded for the project became known. ...

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E2W sales slump worse than expected, coming quarter decisive

Electric 2-wheeler (E2W) sales for June came as an unexpected shock, even though everyone was watching with trepidation to see how the price sensitive E2W consumer would react to t...

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Lamborghini buyers can only book hybrids from now on

Lamborghini unveiled its first hybrid model, the Revuelto, in March this year. Image: Lamborghini

Lamborghini buyers can no longer buyer the conventional, internal combustion models, because those are completely sold out, the company's CEO told the German newspaper Die Welt. "O...

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BYD to spend $620 mn for three-plant complex in Brazil

BYD says one of the three plants will be dedicated to electric trucks. Image: BYD

China's BYD will spend $620 million to set up a new, three-complex in the Camacari industrial park in northeastern Brazil, the company announced. BYD's announcement comes on the ba...

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Amazon inducts custom-built EVs into European fleet

Amazon's electric van, custom built for Europe, is smaller and slimmer than its US version so drivers can steer better on Europe's narrower, winding streets. Image: BusinessWire

Retail giant Amazon has started adding its custom-built electric vehicles to its European delivery fleet, the company announced on Tuesday. In a statement, Amazon said it would add...

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Foxconn pumps $200mn into Vietnam for EV chargers, components

Foxconn, the company that assembles Apple's iPhone, is investing $200 million in Vietnam to develop components used in electric vehicles (EVs), confirming news of its plans to vent...

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Tesla chalks up more wins: Volvo signs up, VW starts talks

Tesla's charging standard has attracted carmakers such as Ford, GM and Volvo. Now, Volkswagen Group is in talks to deploy NACS connectors on its North American models. Image: Tesla

Volkswagen has confirmed the group is in talks with Tesla to adopt the latter's charging port, making it the first German carmaker to discuss the possibility. "Volkswagen Group and...

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London Taxi company announces new strategy towards green mobility

LEVC (London Electric Vehicle Company), the makers of the popular London taxis, has announced new business strategies for the coming decade and beyond, to become a leadin...

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Fisker and Wallbox partner globally for home EV charging solutions

Fisker and Wallbox are partnering to offer Fisker EV owners Wallbox home EV chargers for purchase through the Fisker website in the U.S., Canada, and European launch markets. The P...

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Hero MotoCorp and HPCL collaborate to set up EV charging infra across India

Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) have announced they have entered into a collaboration to establish charging infrastructure for Electric Vehicles (E...

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eVolt India and IOCL join forces to set up EV charging stations in Punjab, Haryana, and UP

Electric vehicle charging Infrastructure startup eVolt India has announced that it has signed a strategic collaboration with the Indian Oil Corporation (IOCL) for the installation ...

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E.ON and Nikola collaborate to decarbonize heavy-duty trucking

E.ON and Nikola Corporation, combining their respective expertise form a joint venture to decarbonize heavy-duty trucking. Nikola is a global leader in zero-emissions transportatio...

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Bollore’ Group appoints Richard Bouveret as its CEO for the batteries and e-buses segment

The Bolloré Group is reorganizing its global E-Mobility activities with the appointment of an expert in the automotive industry. With an extensive experience of more than 25 years ...

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Paired Power unveils new solar canopy for fast, modular EV charging without grid interconnection delay

With recent reports indicating the United States needs 20 times more electric vehicle (EV) charging stations than what's available today, Paired Power has announced the launch of i...

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e-2W manufacturer WardWizard Innovations plans global R&D center in Singapore

Electric two-wheeler manufacturer WardWizard Innovations and Mobility has announced its plans to set up its first Global R&D headquarters in Singapore. The company that makes J...

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Delhi govt. unveils Open Database for EV charging and battery swapping stations

Delhi government has announced that it has launched an Open Database Facility for EV (electric vehicle) charging and battery swapping stations on its Switch Delhi portal for electr...

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Mercedes-Benz Vans partners with Rivian for e-vans manufacturing in Europe

Mercedes-Benz Vans has announced that it has signed a Memorandum of Understanding (MoU) with electric vehicle manufacturer Rivian to initiate a strategic partnership. The partnersh...

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