Volvo Energy: Batteries, Charging, 2nd-Life, And Hydrogen
Volvo Group has formed a new business division, Volvo Energy, to streamline electrification. They will look to bundle internal activities around energy and charging but also provide used batteries to external customers for energy storage solutions. Volvo Energy concerns the…
Shell Looks To Wholly Own Ubitricity
Shell wants to take over the Berlin-based charging infrastructure specialist Ubitricity. Subject to antitrust approval, the deal is expected to close this year. Once the agreement is completed, Ubitricity is expected to become a wholly-owned subsidiary of Shell. “This decision…
Shift To Electric Vehicles Spurs Bid To Make More Batteries In U.S.
The auto industry’s quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries for those vehicles. China currently dominates the market for producing electric-vehicle batteries. But as auto makers spend billions to…
Researchers Show Clean Solid–Electrolyte/Electrode Interfaces Double Capacity Of Solid-State Li Batteries
Scientists at Tokyo Institute of Technology (Tokyo Tech), Tohoku University, National Institute of Advanced Industrial Science and Technology, and Nippon Institute of Technology, have demonstrated by experiment that a clean electrolyte/electrode interface is key to realizing high-capacity solid-state lithium batteries…
Amazon Invests In Electrofuels Company Infinium
Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust. The proceeds will…
Biden Says He Will Convert Federal Fleet To Electric Vehicles
In remarks made at the signing of his Executive Order on Strengthening American Manufacturing, President Biden said that he would replace the federal government’s fleet of vehicles with electric vehicles made in the US. Such an investment in procurement, along…
Society Of Manufacturers Of Electric Vehicles Calls For Rejig Of FAME II Or Reintroduction Of FAME I
Ahead of the release of Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second…
Gulf Oil International Ltd Makes The First Strategic Move Into The EV Market
Gulf Oil International Ltd (Gulf), part of the Hinduja Group, has entered an agreement to co-invest alongside the Clean Growth Fund (CGF) in Indra, the fast-growing electric vehicle (EV) and smart energy technology company developing innovative charging and energy storage…
Ola, Siemens To Build ‘India’s Most Advanced EV Manufacturing Hub’ In Tamil Nadu For ₹2,400 Cr
Ola announced that it has joined hands with Siemens to build India’s most advanced electric vehicle manufacturing facility in Tamil Nadu. Last month, the popular ride-hailing platform signed a 2,400-crore-deal with the Tamil Nadu government to set up its first…
Vertical Integration, Digitization Needed For EV Battery Supply Train Traceability
The electric vehicle battery business needs vertical integration and digitization to improve supply chain transparency and for the industry to have the full backing of the environmental, social and governance-investor community, according to market participants, speaking in an interview. As…
