Battery materials campus in Charleston : Redwood Materials secures $2bn conditional loan from DOE
Redwood Materials has landed a $2 billion conditional loan from the US Department of Energy's Loan Program Office (DOE) to construct and expand its first ... Read More
BMW to invest in Plant San Luis Potosí to accelerate EV production in Mexico
The BMW Group will invest €800 million in Plant San Luis Potosí, Mexico, for the production of its Neue Klasse model and construction of local ... Read More
Luxury EV maker Lotus Technology to list on Nasdaq via $5.4bn SPAC deal
Lotus Technology, a luxury electric vehicle (EV) maker, will go public through a business combination with L Catterton Asia Acquisition Corp, a blank check company, ... Read More
Thacker Pass lithium project : Lithium Americas secures investment from GM
American automotive manufacturer General Motors (GM) and Lithium Americas, a mining company, have joined forces to develop the Thacker Pass lithium project in Nevada. Situated ... Read More
Tata Power to set up DC fast charging points for GAIL Gas in Bengaluru
Tata Power and GAIL Gas Limited have entered into an agreement to set up DC fast charging points at a couple of the GAIL (India) ... Read More
Italvolt to license StoreDot’s fast charging lithium-ion battery technology
Italvolt, an Italian electric vehicle battery maker, will license extreme fast charging (XFC) technology and intellectual property rights from StoreDot, an Israeli start-up, to produce ... Read More
Accenture wins contract for Recharge Industries’ gigafactory in Australia
Recharge Industries has contracted professional services company Accenture as its engineering provider for its proposed gigafactory in Geelong, Victoria, Australia. At peak, the lithium-ion battery ... Read More
RattanIndia Enterprises takes full ownership of RV400 maker Revolt Motors
RattanIndia Enterprises has taken full ownership of Indian electric motorcycles manufacturer Revolt Motors following the closing of a deal announced in October 2022. The financial ... Read More
Rheinmetall to supply contactors to German automaker’s new vehicle platform
Rheinmetall, a Düsseldorf-based technology group, has received a contract worth over €250 million from an unnamed German automaker. Under the contract, Rheinmetall will equip the ... Read More
Mahindra & Mahindra to build Rs 10kcr EV manufacturing plant in Pune
Indian automobile manufacturer Mahindra & Mahindra said that it will invest INR 10,000 crores to build an electric vehicle (EV) manufacturing plant in Pune. The ... Read More