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…
Gujarat Invites Bids From Manufacturers Of E-Rickshaws And Electric Two-Wheelers
The Gujarat Energy Development Agency (GEDA) has invited bids from manufacturers to market and distribute 11,000 battery-operated two-wheelers and 5,417 e-rickshaws with lithium-ion batteries under the GEDA subsidy program 2021-22. The last date to submit the bids is June 21,…
USA Announces $200 Million In EV Development Funding
The US Department of Energy announces it will provide $200 million over five years for electric vehicle, battery and connected vehicle projects at its 17 national labs, as well as for new partnerships to support electric car innovation. In particular,…
NTPC Floats Tender For Hydrogen Fuel Cell-Based Pilot Projects
India’s leading power generator NTPC has issued an expression of interest (EoI), inviting bids for hydrogen fuel cell-based pilot projects. The last date for submission of bids is July 10, 2021. The bids will be opened on July 10. NTPC…
Sweden’s Northvolt Raises Further $2.75 Billion To Boost EV Battery Making
Swedish battery developer and manufacturer Northvolt has raised $2.75 billion to expand its battery manufacturing capacity in Europe to meet growing demand for electric vehicle batteries and help the EU achieve its “Green Deal” objectives, the company said. This latest…
Kevadia To Become Country’s First Electric-Vehicle-Only City
Kevadia in Gujarat will soon transform into the country’s first electric-vehicle-only city. This was recently announced by Indian Prime Minister Narendra Modi. He made this announcement while speaking at an event on the occasion of the World Environment Day, organised…
Loop Energy And GreenCore Partner To Combine Best-In-Class Technologies In Next Generation, Hydrogen-Powered EV Chargers
GreenCore and Loop Energy announced a partnership to develop and build hydrogen powered EV charging stations. The Parties anticipate the first pilot installation to be completed within calendar year of 2021 with more than 1,500 EV charging and hydrogen refueling…
