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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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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Queensland invests $300 mn to double Stanwell battery to 300 MW/ 1,200 MWh

Image: Stanwell

Australia's state of Queensland has pledged to invest $300 million to double the capacity of the Stanwell battery being set up at a coal-fired power station, as part of the state's...

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Has India's new EV policy piqued Tesla's interest? Musk is coming to meet Modi

Image: Tesla

India's new EV manufacturing policy is likely to pay a quick dividend. Elon Musk announced that he would be visiting the country to meet Prime Minister Narendra Modi. "Looking forw...

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Indian Oil ties up with Panasonic for lithium-ion battery foray, feasibility study underway

Image: Indian Oil

Indian Oil and Panasonic Energy Co Ltd, the battery arm of Japan's Panasonic group, have signed a binding term sheet to set up a joint venture unit manufacturing cylindrical lithiu...

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BYD goes upscale, plans to launch multiple luxury models this year

The BYD Yangwang U8 has raised comparisons with the Range Rover. Image: BYD

Chinese carmaker BYD plans to launch a number of "high-end luxury" models by the end of this year, the company told the Hong Kong stock market in an exchange filing. The move refle...

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BYD takes aim at US market, evaluating EV plant in Mexico

Image: Business Wire

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe...

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Tesla plans LFP battery supply chain in Nevada gigafactory

Tesla is bringing its supply chain for lithium iron phosphate batteries (LFP) to the US, media reports suggest. The electric vehicle maker is looking to expand its battery facility...

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Australian state starts work on A$1 billion 600 MW BESS project in Melbourne

Image Courtesy: SEC Victoria

The Australian state of Victoria has announced its first investment through the State Electricity Commission (SEC) to help build one of the world's biggest battery projects, in par...

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GM acquires key Tesla supplier amid plans to get gigacasting right

General Motors has quietly acquired Tooling & Equipment International (TEI), a little-known company that played a critical role in helping Tesla establish its manufacturing pro...

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Tesla loses first case on driverless car technology

Image: Tesla

Florida judge rules there is 'reasonable evidence' CEO Elon Musk and company officials knew the Autopilot system was defective but promoted it anyway Tesla CEO Elon Musk and other ...

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​Tesla will double components sourced from India to $2 billion, says trade minister Goyal

Image: Tesla

Tesla is planning to double the amount of components it will import from India to almost $2 billion, the country's Union commerce and industry minister Piyush Goyal annou...

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Daily Shorts: Quebec getting $3 bn GH2 project, Tesla heads to new markets, and more

Image: Shutterstock

TES Canada H2 Inc plans to set up a 70,000 metric tons per annum green hydrogen plant in Quebec, and the news could be announced as soon as this week. The $2.9 billion project will...

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Daily Shorts: China's plan to cut methane, US to spend $440 mn on solar + battery in Puerto Rico, and more

Nikola has received non-binding orders for 277 trucks. Image: Nikola

China could unveil a plan to cut down methane emissions before the start of COP28 in Dubai, but might not set specific targets for reduction, media reports said. The plan is likely...

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Lithium demand slows as EV momentum falls, but miners stay bullish

Greenbushes in Western Australia, the world's largest lithium mine. Image courtesy: IGO

Albemarle, the world's largest lithium miner and among the largest suppliers of the mineral to EV battery makers, reported lower-than-expected quarterly profit and cut its annual f...

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Daily Shorts: Toyota boosts EV battery investment by $8 bn, Indonesia finalizes JETP plan, and more

A crashed Tesla. (Picture for Representational Purpose) Image: US NTHB

Toyota announced plans to invest $8 billion in the company's electric vehicle battery manufacturing plant in North Carolina, USA, taking total investment in the project to around $...

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Daily Shorts: Pulse orders $100 million of Tesla ultra-fast chargers, GM suspends Cruise and more

Tesla has bagged a $100 million order for ultra-fast chargers from Pulse, marking the first time the Elon Musk-led company's chargers will be deployed on an independent EV charging...

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Eye on EV Charging: In China and Japan, charging networks are largely collaborative affairs

Image: BYD

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Eye on EV charging: In North America, Tesla is king

Well distributed and easy-to-access charging networks will be a vital factor for faster adoption of e-mobility. The networks need to provide fast, reliable and sustainable charging...

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Daily Shorts: France will explore Mongolia for lithium, US EV sales at record high, and more

France struck a deal with Mongolia to explore the country for lithium deposits. The French geological service will spend €400,000 to explore a potentially lithium-rich basin in the...

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Daily Shorts: Tesla intensifies price war, 2023 to be hottest year on record, and more

The Model Y is 26 percent cheaper than at the start of this year. Image: Tesla

Tesla cut US prices for Model 3 and Model Y cars by about 2.7 to 4.2 percent, following last month's reduction in prices for the premium Model S and Model X vehicles. With the late...

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Daily Shorts: Total seeks 5KTPA green H2, Indonesia wants homegrown EV champion

Image: Shutterstock

French oil major TotalEnergies sought applications for 500,000 tonnes per annum of green hydrogen to replace the grey hydrogen it currently uses in industrial activities. The compa...

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Daily Shorts: UK part-funds Ionic's rare earth magnet recycling plant, US small-sale solar additions hit record high, and more

Rare earths metals company LCM will be involved in the Ionic-to-Ford EV recycling chain. Image Courtesy: Less Common Metals

Ionic Rare Earths received an investment of $2 million from the UK government to set up a rare earth magnet recycling facility in Belfast. In a release, the company said it would p...

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Daily Shorts: UK eases onshore wind norms, Stellantis says its cars can switch to e-fuels

The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ...

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Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

Equinor and BP want to increase the price of power from three planned offshore wind farms by 54 percent, and have cited "rampant inflation, global supply chain disruptions, soaring interest rates…” among the reasons for their application. Image: Empire Wind

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...

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Daily Shorts: BYD profit triples, Indonesia's Aceh to get green hydrogen plant

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...

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Daily Shorts: BYD plans battery plant in South Korea, Japan considers $14 bn green push

Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...

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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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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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Tesla seeks permission to double its gigafactory near Berlin

Tesla has approached authorities in Germany to double its gigafactory near Berlin as the company seeks to build the largest car factory in Europe. The company is eying 1 million ca...

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