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Month: February 2021

Volkswagen Begins Electric Vehicle Battery Recycling

Volkswagen has opened its first EV battery recycling plant, recovering raw materials like lithium, nickel, manganese and cobalt in a closed loop together with aluminium, copper and plastics. The pilot operation at the firm’s facility in Salzgitter, Germany, will initially…

Faraday Future Finds Fusion Partner For IPO

Faraday Future has found a partner for its IPO. After merging with investment company Property Solutions Acquisition, the new Faraday Future Inc. is to be traded on Nasdaq under the ticker symbol “FFIE”. The company has also signed a framework…

UNEP, Tata Power And Central Railway Launch Electric Vehicle Charging Points At Mumbai Railway Stations

Central Railway, Mumbai, in association with the UN Environment Programme (UNEP) and Tata Power have announced the launch of their novel green initiative for promoting e-mobility in Mumbai. As a part of this initiative, charging points for electrical vehicles will…

Two Lithium Battery Plants To Be Set Up In Karnataka: Deputy CM

Two lithium battery manufacturing plants will be set up in Karnataka with the objective of promoting e-vehicles and reducing air pollution, said Deputy Chief Minister Dr CN Ashwatha Narayana. Speaking after launching an e-vehicle rally organised by the Rotary Club…

Green Tax To Be Imposed On Vehicles Over 8 Years In A Bid To Clean Environment

A ‘Green tax’ will soon be imposed on older vehicles in a bid to clean up the environment by phasing out unfit and polluting vehicles. Union Minister for Road Transport and Highways Nitin Gadkari has approved the proposal to levy…

Partnership Between EMG And BAIC BJEV To Jointly Develop Mapping Services For Autonomous Driving

Luokung Technology Corp. (“Luokung” or the “Company”), a leading interactive location-based services company in China, today announced that its previously announced acquisition candidate, eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) and Beijing New Energy Automobile Co., Ltd. BAIC BluePark New Energy…

China And The United States Are Battling For EV Dominance

Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While Tesla was the one grabbing headlines in the United States, with over 700% gains…

Australia Won’t Subsidise Electric Vehicles, Instead Invest In EV Recharging And Commercial Fleets

Australia expects one in four cars sold will be electric vehicles by 2030, but the government said it will not provide subsidies to spur faster growth of cleaner cars as it looks to cut carbon emissions. Instead, the conservative government…

Delhi Govt To Change Its Fleet Of Cars To Electric Vehicles In 6 Months: CM

Chief minister Arvind Kejriwal announced that the Delhi government will change its fleet of hired cars to electric vehicles (EVs) within the next six months and, launched a new campaign — Switch Delhi — to spread awareness about the subsidies…

Competition Intensifies For Commercial Vehicle Battery Makers

Moving beyond electric vehicles themselves, blank-check companies are targeting battery developers critical to the growing demand for zero-emission commercial vehicles. The most attractive battery-making companies have track records and significant revenue, reducing the risk to investors. The special purpose acquisition…