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... Read More
Tata Power plans to set up 28,000 chargers across India by 2028, the company's head for charging networks said in an interview. Virendra Goyal, head of business development (EV Cha... Read More
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... Read More
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... Read More
Multinational hardware and electronics company, Acer Inc on Thursday (August 3) announced that its Board of Directors have given approval for the investment in C-Lif... Read More
Global investment firm head-quartered in Singapore, Temasek has signed an agreement to invest INR 1,200 crore in Mahindra's electric vehicle subsidiary Mahindra Electric Automobile... Read More
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... Read More
US-based International Battery Company (IBC) has signed an investment pact with the Government of Karnataka to build a recyclable lithium-ion battery manufacturing f... Read More
Hyundai Motor Company and Kia Corporation have introduced an AI-enabled Supplier CO2 Emission Monitoring System (SCEMS) to manage the carbon emissions of business partners, the HBA... Read More
Gravity-based energy storage solutions provider, Energy Vault announced that the world's first grid-scale gravity energy storage system EVx has entered the first phase of... Read More
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... Read More
Texas-based power company Vistra Corp. on Tuesday announced the completion of phase III 350MW/1400MWh expansion of the Moss Landing Energy Storage Facility in California.The phase ... Read More
With the objective to ensure sustained growth of EV adoption in India, more than 80 EV industry players have gathered in New Delhi today to propose a holistic reconsideration of de... Read More
German flow-battery firm VoltStorage has received significant support from the European Investment Bank (EIB) with a venture debt loan of €30 million. The loan is secured... Read More
Japanese automaker Subaru Corporation has said that it has started talks with Panasonic Energy to build medium- to long-term partnership to meet demand for cylindrical li... Read More
TML Smart City Mobility Solutions a wholly owned subsidiary of Tata Motors has signed an order to supply, operate, and maintain 921 electric buses from the Bengaluru Metropolitan T... Read More
Leading global asset management company, Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with India's largest private sector company, Reliance Industries... Read More
Is Exxon eyeing lithium? Reports of oil company in talks with Tesla, VW and Ford to supply the metal
Is ExxonMobil getting into lithium? Bloomberg reports that the oil major is in talks with electric-vehicle maker Tesla and conventional carmakers such as Volkswagen, Ford and other... Read More
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... Read More
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... Read More
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... Read More
The International Finance Corporation (IFC) has announced that it will give a loan of up to $180 million to Alkem Ltd., a leading producer of lithium, for the development of Sal de... Read More
In a historic milestone, AES Andes began commercial operations of Andes Solar llb, a 180MW solar/112MW battery storage system – the largest in Latin America -- earlier th... Read More
Understanding well that the demand for energy storage devices will continue to grow owing to the adoption of electric mobility and increased integration of renewables into the grid... Read More
The Board of Directors of Portland-based WEX on Thursday announced the establishment of its new investment arm, WEX Venture Capital to invest up to $100 million by the end of 2025 ... Read More
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... Read More
China has reworked power transmission arrangements and ramped up energy storage capacity as it seeks to protect its national grid from a repeat of the outages that hit the nation l... Read More
Image Power and sensing tech firm onsemi and autocomp firm Magna have announced a long-term supply agreement for Magna to integrate onsemi's EliteSiC intelligen... Read More
Intelligent Battery Integrated System (IBIS) a joint corporate and academic research project by CNRS (French National Center for Scientific Research), Stellantis and Saft unveiled ... Read More
The Volkswagen Group brand SEAT recently announced its decision to invest € 300 million towards a battery assembly plant in Martorell, Barcelona in Catalonia st... Read More
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