Russia’s Uranium One Aims To Capture 10% Of Global Lithium Market By 2030
Russian state-owned mining group Uranium One Inc. plans to begin producing lithium in 2023 and to capture as much as 9% to 10% of the global market by 2030, the head of the country’s nuclear fuel distributor said in an…
LG Chem To Spin-Off World’s Largest Electric Car Battery Business
LG Chem plans to spin off its lucrative electric vehicle battery business, the world’s largest, to fund an expansion of its facilities through a potential initial public offering as it benefits from a surge in orders. The South Korean company,…
Uber Promises 100% Electric Vehicles By 2040, Commits $800 Million To Help Drivers Switch
Uber Technologies Inc said every vehicle on its global ride-hailing platform will be electric by 2040, and it vowed to contribute $800 million through 2025 to help drivers switch to battery-powered vehicles, including discounts for vehicles bought or leased from…
Lithium Australia’s Envirostream To Start Recycling Old Electric Car Batteries
Envirostream Australia, which is 90 per cent owned by Lithium Australia (LIA), has announced it will start recycling electric vehicle (EV) batteries. A transition to electric mobility can help mitigate transport-related carbon emissions and therefore climate change, but there are…
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…
New Tritium RT175-S DC Fast Charger Powers EVs To 80% In 15 Minutes
Australia-based Tritium has introduced a new DC fast charger, the RT175-S smart charging system, which powers EVs to an 80% charge in 15 minutes on average. The RT175-S is the first charger on the US market capable of Plug and…
Pomerantz Law Firm Reminds Shareholders With Losses On Their Investment In Ideanomics, Inc. Of Class Action Lawsuit And Upcoming Deadline
Pomerantz LLP announces that a class action lawsuit has been filed against Ideanomics, Inc. (“Ideanomics” or the “Company”)(NASDAQ: IDEX) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New…
KTM Is Working On A New Electric Motorbike That Could Bridge The Scooter/Motorcycle Gap
KTM has been hard at work on an entire electric two-wheeler platform that is expected to spread the Austrian company’s EV expertise across multiple electric two-wheelers. Last month KTM confirmed that it was working on a project known as EMotion….
Six-Minute EV Battery Could Be Made At Mooted $3 Billion Australian Gigafactory
An electric vehicle battery that its proponents say could recharge to 85% in just six minutes could be made at a Townsville factory being planned by Australian company Magnis Energy Technologies. Magnis Energy says in a statement that its partner…
SK Innovation To Jointly Develop Lithium-Metal Battery With Nobel Prize Winner John Goodenough
South Korea’s SK Innovation Co. will develop lithium-metal batteries using solid-state electrolytes with Nobel Prize recipient John B. Goodenough in hopes that the next-generation battery technology can significantly improve electric vehicle’s driving range and safety. According to SK Innovation, the…
