Electric Vehicle
American Battery Technology Company Secures $57 mn DOE Contract for Lithium Hydroxide Manufacturing Facility
American Battery Technology Company (ABTC) has achieved a significant milestone in the U.S. clean energy landscape by securing a $57 million contract award from...
Electric Vehicle
Insufficient Demand Dampens EV Battery Market, Energy Storage, and Consumer Electronics Sectors
The electric vehicle (EV) battery market, energy storage sector, and consumer electronics industry are facing significant challenges due to insufficient downstream demand, according to...
Electric Vehicle
Global Electric Car Shipments to Surge in 2023, With Over 15 mn Units Forecasted
In a remarkable turn of events, the electric vehicle (EV) market is gearing up for another significant surge in 2023, with approximately 15 million...
Electric Vehicle
Siemens Foundation Invests $30 mn in U.S. Workforce Development for Electric Vehicle Charging Sector
The Siemens Foundation, the non-profit arm of German technology giant Siemens’ U.S. operations, has announced a significant $30-million, 10-year investment in workforce development in...
Electric Vehicle
Ather Energy Raises Rs 900 Crore in Rights Issue, Aims to Fuel EV Expansion
Ather Energy, the pioneering electric vehicle manufacturer, announced that it successfully raised Rs 900 crore through a rights issue, with substantial investments from existing...
Electric Vehicle
Stellantis Pioneers Low-Carbon eFuel for 28 mn European Vehicles, Reducing CO2 Emissions
Stellantis, a global leader in the automotive industry, has taken a significant step towards reducing carbon emissions by enabling 28 million European vehicles, manufactured...
Electric Vehicle
Electric Vehicles Poised to Revolutionize Construction Industry, but Total Cost of Ownership Remains Key
The adoption of electric vehicles (EVs) in the construction industry is on the verge of transformation, according to a recent report titled “Electric Vehicles...
Electric Vehicle
Hyundai and LG Energy Plan Additional $2 bn Investment in EV Battery Manufacturing Plant in Georgia
Hyundai Motor Group and LG Energy Solution are set to significantly boost their investment in a battery manufacturing plant located in Georgia. The companies...