Daily Shorts: Lyten raises $200 in Series B, Amazon buys credits for direct air capture

Battery startup Lyten, Inc, announced it had raised $200 million in funding aimed at helping it scale up manufacturing and commercialize its first three product lines: Lithium-Sulf... Read More

BMW's iconic Mini goes all electric

German automotive major, BMW on Monday announced an investment of more than £600 million in the MINI factories at Oxford and Swindon, UK, to transform the production plants to an a... Read More

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

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... Read More

Gotion to set up $2 billion lithium battery manufacturing plant in the U.S.

China's Gotion High Tech Co ltd on Friday said the company will set up a new state-of-the-art $2 billion lithium battery manufacturing plant in Manteno, Illinois. Covering about 15... Read More

Weekend Roundup: Oil India's clean energy spends, PetroChina buys EV charging company, and more

The Summit Group of Bangladesh announced it would invest $3 billion in solar, wind and hydroelectricity generation projects across the subcontinent as part of its clean energy push... Read More

Stellantis opens its first EV battery technology center in Italy

Stellantis has recently inaugurated its first Battery Technology Center at the Mirafiori complex in Turin, Italy. The company has invested about €40 million to this ... Read More

Switch Mobility unveils IeV3, IeV4 electric mini trucks in India

Ashok Leyland's EV subsidiary Switch Mobility has officially unveiled its brand-new electric mini truck range 'IeV' series in the Indian market. The 'IeV3' and 'IeV4' e-trucks... Read More

Daily Shorts: Repsol buys ConnectGen in RE pivot, IT honcho will ship solar power from Australia to Singapore, and more

Spanish energy company Repsol acquired US renewable energy developer ConnectGen for $768 million, as part of the oil company's plan to pivot from fossil fuels to renewables. The an... Read More

Ather boosts R&D spending, raises ₹900 crore to expand products, charging network

Indian e-two-wheeler (e2W) maker Ather Energy announced it had raised ₹900 crore from existing shareholders Hero MotoCorp and Singapore's sovereign wealth fund GIC. The funds were ... Read More

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 ... Read More
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