India-Australia Critical Minerals Partnership eyes 5 Lithium, Cobalt projects

India and Australia have reached a major milestone in working towards investment in critical minerals projects to develop supply chains between the two countries. The countries hav...

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Stellantis to invest $155 million for North American Electrification goals

Stellantis has announced that it will invest a total of $155 million in three facilities located in Kokomo, Indiana, US to produce new electric drive modules (EDM) that w...

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Log9 Materials to invest ₹ 2,350 crores for EV battery manufacturing

Indian battery startup Log9 Materials is reportedly ramping up investments to the tune of ₹ 2,350 crores over the coming years to strengthen its local EV battery man...

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EBA calls for action to prevent battery investment outflows from Europe to US

In a recently held high-level meeting by European Battery Alliance (EBA) with European Commission Vice-President Šefčovič, the stakeholders discussed on the impact of the...

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ADB assists VinFast with $135 million to support e-mobility in Vietnam

The Asian Development Bank (ADB) has mobilized a $135 million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam's...

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Fujifilm capitalizes $20 million in 24M Technologies, developer of semisolid batteries

Japan's Fujifilm Holdings has announced that it will invest an additional $20 million into 24M Technologies, a U.S. developer of next-generation "semisolid" lithium-ion batteries. ...

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Energy Vault, Wellhead Electric, and W Power ink pact for 275 MWh ES project in California

Energy Vault Holdings Inc. has announced the signing of the Stanton Energy Storage System (SESS) EPC contract with Wellhead Electric Company, Inc. and W Power, LLC. The project wil...

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EV investors launch EMFAI, an association aimed at accelerating EV adoption in India

A group of financiers of electrical autos has announced that they have launched the Electric Mobility Financiers Association of India (EMFAI). It will act as a typical platform for...

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LGES and Honda establishes JV for EV LiB production worth $4.4 billion in the US

LG Energy Solution and Honda Motor have announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV mo...

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Marsh launches world’s first insurance facility for green and blue H2 project risks

Insurance broker and risk advisor Marsh have announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated insurance capacity for new and e...

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