Month: August 2020

Volvo LIGHTS Project Broadens Electric Truck Charging Options In North America

Volvo Trucks North America has facilitated an important step toward the wide-scale electrification of medium- and heavy-duty trucks in North America through the expansion of charging options for fleet operators. In collaboration with key suppliers participating in the Volvo LIGHTS…

GAIL India Plans Expansion In Petrochemicals, Specialty Chemicals & Renewables To Supplement Growth

State-owned GAIL India Ltd is eyeing expansion in petrochemicals, specialty chemicals and renewables to supplement growth in its core business of natural gas marketing and transportation, its chairman Manoj Jain has said. The nation’s largest gas marketer and shipper has…

China July Aluminium Output Hits Record High

China’s monthly aluminium output rose to a record high in July, official data showed on Friday, as the longest rally in domestic prices in more than a decade prompted smelters to restart production and launch new capacity. The world’s top producer…

Japanese Company Successfully Tests A Manned Flying Car For The First Time

Sky Drive Inc. conducted the public demonstration on August 25, the company said in a news release, at the Toyota Test Field, one of the largest in Japan and home to the car company’s development base. It was the first…

Volkswagen To Make Electric Car Cells, Battery Packs In The U.S.

German automaker Volkswagen AG said it was expanding its Chattanooga factory in Tennessee to make electric vehicle cells and battery packs in the United States, alongside assembling electric vehicles. The company said it plans to break ground for a laboratory…

Magenta Picked By Microsoft For The Start-up Support Program Of EV Software & Charging Platform Development

Microsoft has selected Magenta the pioneer in the business of clean mobility and clean electricity, for its Start-up support program. Under this program, Microsoft supports B2B tech startups to scale and grow leveraging its technology, cloud marketplace, enterprise sales team,…

Canoo Electric Vehicle Maker To Go Public To Raise $600 Million

Canoo Holdings Ltd., a company developing breakthrough electric vehicles (EV) from the ground up, and Hennessy Capital Acquisition Corp. IV (“HCAC”) , a special purpose acquisition company, announced they have entered into a definitive agreement for a business combination that…

Cao Cao Mobility, DeepRoute Partner On Robotaxis To Serve 2022 Asian Games

DeepRoute.ai LLC and Cao Cao Mobility this week said they have partnered to advance the design, development, and commercialization of an autonomous robotic taxicab service. The autonomous vehicles will use DeepRoute’s self-driving technology and will be deployed at the 2022…

Volvo Buses Inks New Electric Bus Orders In Norway

Norway is one of the most active nations when it comes to cutting carbon emissions. That means putting significant incentives in place for electric vehicles, be they passenger vehicles, trucks, ferries, or buses. One of its policy initiatives calls for…

Chinese Electric Car Brand NIO Looks At Expansion Abroad

Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a battery-swapping service that could help it compete with rival Tesla, the company’s chairman said. NIO, founded in 2014, pushed back foreign plans…