MG Motor Joins Hands With Attero For Recycling Of EV Batteries
MG Motor India on Friday said it has joined hands with Attero for recycling of electric vehicle (EV) batteries in the country. The partnership is aimed at reusing and recycling the Li-ion batteries used in the automaker’s ZS EV units…
Nexzu Mobility To Launch New Range Of E-Cycles
Nexzu Mobility, an end-to-end solutions provider in the electric mobility space, plans to launch a new range of e-cycles including step-through cycles, cargo version cycles, and new long-range swappable battery cycles, says the company press release. “The company will introduce…
Ford’s $30B Investment In Electric Revs Up In-House Battery R&D
Ford is increasing its investment in its electric vehicle future to $30 billion by 2025, up from a previous spend of $22 billion by 2023. The company announced the fresh cashflow into its EV and battery development strategy, dubbed Ford+,…
Rio Tinto And InoBat Partner To Explore Full Life-Cycle Lithium Battery Initiative
Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia. The partnership will cover the full…
Daimler Truck And CATL Expand Global Battery Partnership
Daimler Truck and Contemporary Amperex Technology Co. Limited (CATL) are expanding their existing partnership related to batteries for electric trucks, started in 2019. The original deal was about CATL’s lithium-ion cell modules for upcoming Daimler’s series-produced electric trucks (Mercedes-Benz eActros,…
RevFin And Aeris Join Hands For IoT-Enabled EV Vehicles
RevFin, a digital consumer lending platform underwriting financially excluded and underserved segments, has entered into a strategic partnership with Aeris Communications, India, an Internet of Things (IoT) technology partner for enterprises. As part of this association, over the next 4…
ElectReon To Test Its Electric Vehicle-Charging Highway In Italy
The Israeli company ElectReon Wireless that specializes in inductive charging of electric vehicles announced that it would integrate its wireless technology to charge two Stellantis vehicles and an IVECO bus while driving in Brescia, Italy, as a part of the…
Farasis And Geely Establish JV For Geely Batteries
In China, the US battery manufacturer Farasis is establishing a joint venture with the Geely automotive group for the research and development as well as production and sale of lithium-ion batteries for electric vehicles and other applications. Farasis is already…
Magenta Power Raises Rs.120 Cr From Indian American Philanthropist Kiran Patel
Magenta EV Solutions, a startup associated with developing changing devices for electric vehicles, announced raising ₹120 crore from Kiran C Patel, an Indian American cardiologist and philanthropist. In 2020, Magenta had raised a pre series funding from JITO Angel Network…
SK Innovation, Ford To Launch Electric Vehicle Battery Joint Venture In US
South Korean battery maker SK Innovation and American automaker Ford Motor are set to announce a battery joint venture in the United States to ensure a stable supply of batteries for electric vehicles, industry sources said on Thursday. The two…
