Hyundai, LG Energy announce $4.3 billion battery cell plant in the US

Hyundai Motor Group and LG Energy Solution (LGES) will together build an EV battery cell manufacturing facility in the US at an investment of over $4.3 billion, the companies annou... Read More

Microvast loses $200 million US grant over China concerns

The US Department of Energy has withdrawn a $200 million grant to US battery maker Microvast, citing concerns over the company's connections with China. The grant was aimed at help... Read More

Northvolt completes construction of Europe's largest factory for energy storage solutions

Swedish battery manufacturer, Northvolt has completed the construction of Northvolt Dwa in Gdańsk, Poland -- Europe's largest factory for energy storage solutio... Read More

Glencore and Li-Cycle to develop Europe’s largest battery recycling hub

Leading lithium-ion battery recycler, Li-Cycle Holdings Corp. (Li-Cycle) and Swiss mining and commodity trading behemoth, Glencore International AG (a wholly owned s... Read More

Europe bags €10 billion in giga factory investments

Europe has bagged around 10 billion euros in investment for two giga factories that will supply batteries to car manufacturers from 2026. The deals come after the bloc loosened rul... Read More

ADNOC launches Decarbonization Technology Challenge; winners to get up to $1 million to pilot technology

The Abu Dhabi National Oil Company (ADNOC) on Thursday announced $1 million (AED3,670,000) Decarbonisation Technology Challenge in collaboration with Amazon Web Services (AWB), bp,... Read More

China risks idle factories unless it shifts to EVs faster

Automakers in China risk sitting with idle factories unless they speed up transition to new energy vehicles such as fully electric vehicles and plug-in hybrids, Reuters reports, ci... Read More

UAE Climate Tech forum calls for supercharging climate finance, policies, and breakthroughs in tech

It is time to supercharge climate finance, formulate smart policies, and encourage breakthroughs in new energy -- this was the resounding message that emer... Read More

Amara Raja begins construction of Telangana’s first giga factory

Industrial and automotive battery major, Amara Raja Batteries Ltd. (ARBL) on Saturday held the ground-breaking ceremony of one of India's largest and Telangana's first giga factory... Read More

Will e-bikes cannibalize their ICE makers?

As TVS, Hero and Bajaj prepare to do battle in the electric domain, they risk reducing their own profits because the margin on sales of e-bikes is lower than the margin on sales of... Read More
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