Battery materials campus in Charleston : Redwood Materials secures $2bn conditional loan from DOE

Raghuram Kadari- February 11, 2023 0

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

Raghuram Kadari- February 7, 2023 0

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

Raghuram Kadari- February 4, 2023 0

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

Raghuram Kadari- February 1, 2023 0

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

Pallavi Madhiraju- January 24, 2023 0

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

Raghuram Kadari- January 18, 2023 0

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

Raghuram Kadari- January 17, 2023 0

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

Pallavi Madhiraju- January 16, 2023 0

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

Raghuram Kadari- January 4, 2023 0

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

Pallavi Madhiraju- December 14, 2022 0

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