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 ...
Japanese companies are scaling up their hydrogen act. Mitsui & Co, Mitsui Chemicals, IHI Corp and Kansai Electric said they will jointly study a hydrogen and ammonia supply cha...
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...
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...
The US has greenlighted a 704 MW wind farm consisting of 65 wind turbines and two offshore sub-stations off the coast of Rhode Island, as part of plans to install 30 GW of offshore...
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...
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...
Morocco has launched a prequalification tender for a 400 MW solar project in the Atlas Mountains. The country's renewable energy agency Masen is seeking bidders to finance, build a...
Canadian power company Algonquin Power & Utilities announced it will put its renewables energy unit on the block and transition into a utility company. The company has wind and...
Rivian Automotive raised full-year production estimates to 52,000 vehicles and proclaimed it was financially stable, bringing some cheer to the troubled US EV sector. Rivian, backe...
Electric-vehicle parts company Proterra, which makes e-buses and battery packs, has filed for Chapter 11 bankruptcy protection. CEO Gareth Joyce said in a statement that the compan...
The World Bank will help fund 1,000 solar-based mini grids in Nigeria along with the country's government and private sector, President Ajay Banga said. The bank has funded 150 suc...
Samuel Garcia, governor of the northern Mexican state of Nuevo Leon, is meeting executives in India as part of his plans to attract EV investments in the state, Reuters reports. Te...
Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...
Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources...
The US has proposed increasing fuel economy norms for automakers as part of the government's efforts to reduce fuel use and cut greenhouse gas emissions. The proposal, announced by...
Spanish renewable energy investor Capital Energy has put 4.3 gigawatts (GW) of wind and solar power plants for sale. The assets, all based in Spain, are estimated to fetch up to $1...
Ford is pivoting to hybrids. CEO Jim Farley outlined a strategy under which the company will slow down its shift to electric vehicles and focus more on selling hybrids which run on...
Tesla's charging network could face its first formidable rival – or meet its first formidable ally – within a year. Seven automakers have come together to launch a charging network...
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...
Indonesia, which blends palm oil in diesel, has started blending bioethanol in petrol. Image: Pexels
Indonesia is in talks with Tesla and BYD and preparing a fresh set of incentives to attract the EV manufacturers, a government minister said. The incentives will be benchmarked aga...
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...
Sweden's Vattenfall said it would cease development of a 1.4 gigawatt GW wind farm off the coast of Britain, taking a hit of $537 million on earnings. The Norfolk Boreas offshore w...
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...
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...
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 ...
DTE Energy, based in Detroit, Michigan, said it would retire its coal plants in less than a decade and invest up to $11 billion over the next 10 years transitioning to clean e...
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 ...
US electric truck maker Lordstown Motors said it has filed for bankruptcy protection after failing to receive a promised investment from Taiwan's Foxconn, maker of the iPhone. The ...
The US Department of Energy is lending $9.2 billion to a joint venture of between Ford and SK to help build three new battery plants in the US, it announced in a press release. The...