VW’s Hitzinger Says Complexity Of New Cars To Drive Consolidation
The auto industry faces a new wave of consolidation as cars become electric, connected and add highly automated driving functions, Alexander Hitzinger, head of Volkswagen’s Project Artemis said. “There will be consolidation. Not everybody will be able to afford these…
Electric Hypercar Maker Rimac Says SPAC Funding Hype Could Damage Industry
A surge in the use of special purpose acquisition companies (SPAC) for raising money for electric vehicle start-ups could harm the long-term prospects of the industry, Mate Rimac, founder of electric hypercar maker Rimac said. Managers of SPAC companies are…
Stanford Researchers Discuss What Will It Take For India To Become A Major Battery Manufacturer
India is one of only a few countries whose national emissions reduction target is in line with the Paris Agreement’s goal of reducing global warming before Earth’s temperature reaches a dangerous threshold. But to successfully switch from coal to renewable…
Madhya Pradesh Exempts EVs And E-Rickshaw Charging Stations From Tariff Hike
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has determined tariffs for low voltage (LV), high voltage (HV), and extra-high voltage (EHV) consumers in the state in its retail supply tariff order. As per the order, electric vehicles (EV) and electric…
BASF And Eramet Partner To Assess The Development Of A Nickel-Cobalt Refining Complex To Supply Growing Electric Vehicle Market
BASF and Eramet have signed an agreement to jointly assess the development of a state-of-the-art nickel and cobalt hydrometallurgical refining complex. Such a development would include a High-Pressure Acid Leaching (HPAL) plant and a Base Metal Refinery (BMR). The HPAL…
EESL Floats Tender Seeking Fleet Management Services For Its Electric Cars
The Energy Efficiency Services Limited (EESL) has floated a tender seeking to hire a fleet management agency to deploy its electric cars to government organizations or public sector undertakings (PSUs) on a lease or rental model across India. EESL, a…
PURE EV, CSIR-CECRI Join Hands To Work On Indigenous Lithium-Ion Technology For Electric Vehicles
IIT Hyderabad-incubated start-up PURE EV is collaborating with CSIR-Central Electro Chemical Research Institute (CECRI), Karaikudi with its Extension Centre at CSIR Madras Complex, Chennai on indigenising lithium-ion battery technology for electric vehicles. This initiative will support the Centre’s Atmanirbhar Bharat…
Canada Launches Hydrogen Strategy
The Government of Canada has launched its Hydrogen Strategy, a framework that seeks to position Canada as a global hydrogen leader, cementing this low-carbon and zero-emission fuel technology as a key part of a path to net-zero carbon emissions by…
Ola Signs MoU With Tamil Nadu Govt For Electric Scooter Factory
Leading mobility platform, Ola has signed the Memorandum of Understanding (MoU) with the Tamil Nadu government for an investment of Rs 2,400 crores to set up its first electric scooter factory in the state. In a statement issued recently, the…
Daimler Trucks Eliminates Carbon Dioxide From Portland, Oregon Manufacturing
Daimler Trucks North America (DTNA) says its Portland, Oregon, plant builds vehicles without releasing planet-warming carbon dioxide into the atmosphere. It is the first in Daimler’s global manufacturing network to achieve carbon neutrality. DTNA is making an unspecified “significant investment”…
