Sales of battery electric vehicles and plug-in hybrids almost tripled last year, boosted by tighter emission standards and government subsidies. Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle line-ups in Europe and the EU needs to set tougher CO2 emission limits if it wants to meet Green Deal targets, […]
Volkswagen invests $620 million in Northvolt to secure battery supply
The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen’s stake stable at around 20% and follows an initial 900 million euro investment in 2019. Volkswagen said on Wednesday it was investing a further $620 million in Swedish battery maker Northvolt, in a bid to secure […]
Ford To Focus On Electric Vehicles And Reducing Battery Costs
The manufacturer estimates that EVs will account for 40 percent of its global volume by 2030. Ford shares its new Ford+ plan during the brand’s Capital Markets Day event.Future strategies focus on a new business face for commercial buyers, a growing EV lineup and connected services.New scalable EV architecture in the works to support upcoming […]
Electric-Vehicle Charging Company to Power Up New HQ in Buckhead
Netherlands-based Heliox, a company that makes fast-charging devices for electric vehicles, expects to open its new campus this month at 165 Ottley Drive in Buckhead’s Armour neighborhood. The headquarters will include offices and a research and development division, expected to create 70 jobs total in the next year, according to a Georgia Department of Economic […]
Fastned and Tesla Tie Up to Establish EV Charging Superhub in England
This superhub by Tesla and Fastned is expected to be ready by the end of 2021. It will Europe’s most powerful electric vehicle charging hub with 10 megawatts and will be located on the ring road around Oxford. Dutch charging infrastructure company Fastned has teamed up with Tesla to build electric vehicle (EV) charging stations […]
Lexus Sells 2 Million Electrified Vehicles: New EV to Debut Next Year
Lexus is known for producing a range of hybrid vehicles and thanks to that effort, the company has managed to sell more than 2 million electrified vehicles globally. US and Europe were the best performing markets. Luxury car manufacturer, Lexus has announced that the company has sold more than 2 million electrified vehicles all over […]
Why Hydrogen is Starting to Get the Green Light in Global Renewables
RECAI 57: we examine initiatives in different regions to find out how low-carbon hydrogen might be used in pursuit of net zero. Green hydrogen is seen by investors, developers and politicians as an enabler to meet net-zero targets. With its vast domestic market, large state-owned companies and abundant renewable resources, China could become a green […]
Vianode Signs MoU for Supply of Battery Materials with Morrow Batteries
Vianode and Morrow Batteries (Morrow) have signed a Memorandum of Understanding (MoU) for the development and qualification of large-scale supply of anode materials to Morrow Batteries’ planned lithium-ion battery cell facility in Eyde Energy Park, Arendal, Norway. Vianode, established by Elkem as a new company for battery materials, intends to supply the anode materials from […]
Meyer Burger Opens New Plant to Produce High-Performance Solar Cells in Thalheim (City of Bitterfeld-Wolfen)
Start towards environmentally friendly solar cell technology “Made in Europe” and important step towards more energy sovereignty in Europe. Prime Minister of Saxony-Anhalt, Reiner Haseloff, and Minister of Economics, Prof. Armin Willingmann, are impressed by the investments in this technology of the future and the creation of high-quality jobs.Production starts with an annual capacity of […]
Renewable Energy Key Part of India’s Growth Programmes: Javadekar
India has only 3 per cent contribution in the historical emissions and that the US, Europe and other regions have contributed more to harmful emissions over the last 150 years, the Minister said. New Delhi: Environment Minister Prakash Javadekar on Sunday said India is increasingly leveraging renewable energy to fuel its growing power consumption as […]
