Electric Vehicle
EV business leaders want India to take more action
EV businesses in India are seeking government support to meet a target for at least 65 percent of all new vehicle sales to be...
Electric Vehicle
Tata Motors raises $1 bn from TPG, ADQ for electric vehicle business
Indian automaker Tata Motors has raised about $1 billion from private equity firm TPG’s Rise Climate Fund and Abu Dhabi state holding company ADQ to...
Electric Vehicle
EV battery maker CATL plans $5 bn recycling facility in China
Contemporary Amperex Technology plans to build a battery material recycling facility in the central Chinese province of Hubei with an investment of up to...
Electric Vehicle
Rock Tech Lithium plans $544 mn plant in Brandenburg
Canada’s Rock Tech Lithium is planning to build a converter plant in Brandenburg, the German state surrounding Berlin, to make battery-grade lithium hydroxide for electric...
Electric Vehicle
Lithium-ion battery supply chain ranking by BNEF
China has dominated BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking in both 2021 and its projection for 2026.
China hosts 80 percent of all...
Electric Vehicle
Electric-vehicle batteries: major players and their expansion plans
Battery makers are facing a skills shortage as auto mobile companies are shifting to electric vehicles (EVs) business.
Global sales of EVs, estimated at 2.5...
Electric Vehicle
General Motors to source 100% renewable energy to power U.S. sites
General Motors announced that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than...
Electric Vehicle
ABB launches the world’s fastest electric car charger
ABB has launched the world’s fastest electric car charger, as it presses ahead with plans to float the business which could be valued at around...