UK investors back startup making EV motors without rare earths

Advanced Electric Machines (AEM), the UK-based startup that makes electric vehicle motors without rare earths or copper – and therefore 100 percent recyclable – announced it had ra... Read More

Germany's BASF, Korea's SK On agree to jointly evaluate global lithium-ion battery market

German company BASF, a leading global producer of battery materials, has entered in an agreement with leading global electric vehicle battery cell manufacturer SK On. The two compa... Read More

Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more

America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com... Read More

Smartphone maker Xiaomi will launch five-seater EV next year

Smartphone company Xiaomi is getting into electric vehicles, according to filings released by China's Ministry of Industry and Information Technology (MIIT), which is responsible f... Read More

Daily Shorts: Canadian satellite to monitor CO2 from space, global treaty on plastic pollution, and more

Canadian emissions tracking company GHGSat launched Vanguard, a satellite that will help monitor CO2 emissions from individual industrial facilities such as coal plants and steel m... Read More

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

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... Read More

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

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... Read More

Daily Shorts: Fonterra to cut farm emissions, Oxy wants to licence its carbon capture technology, and more

Fonterra, the world's largest dairy exporter, said it would reduce farm emissions by 30 percent by 2030, largely by improving farm practices, deploying novel technologies, and plan... Read More

Daily Shorts: BlackRock backs Oxy's DAC project, Rivian ups EV production, and more

US electric vehicle maker Rivian Automotive raised its forecast for full-year production to 54,000 units, an increase of 2,000 units. The Amazon-backed company also said it would e... Read More

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

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... Read More
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