Ashok Leyland’s UK Subsidiary Acquires Indian EV Subsidiary
Hinduja group’s commercial vehicle major Ashok Leyland Ltd said its UK subsidiary Switch Mobility Ltd has acquired the entire stakes in its Indian subsidiary Switch Mobility Automotive Ltd. Switch Mobility Automotive has thus become a step-down subsidiary of Ashok Leyland….
Nuvve Joins V2Market Partnership To Expand Vehicle-To-Grid Markets In Europe
Nuvve Holding Corp. (“Nuvve”), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (“V2G”) platform, announced today that its subsidiary, Nuvve Denmark ApS, will be a partner in a new Horizon 2020 (“H2020”) project called V2Market,…
EV Battery Swapping Startup Ample Charges Up Operations In Japan, NYC
EV battery swapping startup Ample has locked in two partnerships this month that will help fuel an expansion into Japan and New York City after years of working on the technology. The startup, which was founded in 2014 and came…
China’s All-Electric Fleet Is Entering Europe
Days ago, BYD announced the first shipment of 100 all-electric BYD Tang SUVs had left the Port of Shanghai, bound for dealerships in Norway near the end of this summer, with 1,500 slated for delivery before 2022, according to a…
Delhi Govt Approves Single-Window Facility To Facilitate Expansion Of EV Charging Infrastructure
The Delhi government approved a single-window facility to facilitate the rapid expansion of charging infrastructure for electric vehicles at private and semi-public places like apartments, group housing societies, hospitals, malls and theatres in the national capital. The decision was taken…
Foxconn Invests $36 Million In EV Partnership With Gigasolar
Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone maker, said the investment via a private placement through a Taiwan-based subsidiary will make…
Ford-Backed Battery Maker Solid Power To Go Public Via $1.2 Bln SPAC Deal
Solid Power Inc, an electric-vehicle battery maker backed by Ford Motor Co and BMW, said it would go public by merging with a blank-check firm in a deal that values the combined entity at around $1.2 billion. The company, which…
Amara Raja Batteries Ltd To Foray Into Lithium Cell, Electric Vehicle Chargers
Amara Raja Batteries Ltd., one of India’s largest manufacturer of lead-acid batteries believes that the emergence of lithium as an alternative energy storage technology opens up new and exciting growth opportunities. The Indian battery manufacturer announced its foray into lithium…
Kia And Uber Partner To Give Drivers In 20 European Markets Discounts To EVs
Uber and Kia Europe are teaming up to offer drivers in 20 European markets deals on buying, leasing, financing or renting Kia’s e-Niro and e-Soul, the latest move by the ride-hailing giant to achieve its emissions goals. Uber has committed…
Redwood Materials Spending ‘Hundreds Of Millions’ To Speed Recycling For EV Batteries
Redwood Materials, a battery recycler created by Tesla cofounder JB Straubel, says it’s more than tripling the size of its operations in Nevada and will spend “hundreds of millions” to scale up recovery of lithium, cobalt, nickel and other commodity…
