Ford bags $9.2 bn loan for battery plants, but plans layoffs in ICE unit

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... Read More

Australian state eyes 100 percent renewables grid in 10 years

Australia's most populus state could have a 100 renewable energy-based grid within 10 years, the state's power transmission company said. Transgrid, operator of the electricity tra... Read More

Eve and Blade join forces to transform electric air mobility in Europe

Eve Air Mobility (Eve) and Blade Air Mobility (Blade) on Monday (June 19) announced the extension of their long-standing partnership through a Memorandum of Understanding (MoU) whi... Read More

EU lawmakers back law regulating batteries and waste batteries

The European Union's (EU) lawmaking body, European Parliament has approved new rules for the design, production, and waste management of all types of batteries sold in the EU. With... Read More

Hydrovolt invests big in new battery recycling technology

Battery recycling company, Hydrovolt on Friday (June 16) announced that it has been awarded NOK15.3 million by Enova, a Norwegian government enterprise supporting clean e... Read More

Fortescue expands battery, powertrain capacity in UK

Fortescue announced it will "significantly" expand battery and electric powertrain production operations in the UK, with a facility at Banbury, Oxfordshire, to manufacture zero-emi... Read More

Rockefeller Foundation, GEAPP to design first coal-to-clean credit prog. for emerging economies

The Rockefeller Foundation and Global Energy Alliance for People and Planet (GEAPP) on Wednesday (June 14) announced a Coal-to-Clean-Credit Initiative (CCCI) which will set a new s... Read More

SIDBI launches mission EVOLVE for affordable commercial EV financing

With the intention of creating affordable commercial financing for electric vehicles and prioritizing the national goal of EV30@30, the Small Industries Development Bank ... Read More

Brazil's Gerdau to invest $667 mn for sustainable expansion of iron ore mine

Brazil's Gerdau SA will invest $667 million in brownfield expansion of its Miguel Burnier iron ore mine. The company said the expansion would be "sustainable" and reduce emissions ... Read More

ACCURE’s new software features give advance notice to prevent battery fires

The predictive analytics software provider for energy storage systems, ACCURE Battery Intelligence (ACCURE) recently announced several safety-focused functionalities in its Accure ... Read More
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