BYD’s EV Battery Recycling Goes Global With Itochu
Chinese electric vehicle maker BYD will transform old EV batteries into power storage for renewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin…
Battery Recycling Market Global Forecast To 2025
The battery recycling market is estimated to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. Reasons for growth of the battery recycling market include rising concerns…
GM Walks Away From Stake In Electric Vehicle Maker Nik Ola
General Motors will not be taking a stake in the electric vehicle company Nikola which announced that it would scuttle one of its marquee vehicles, an electric and hydrogen-powered pickup. Shares of Nikola plunged 26%. Nikola released updated terms between…
Joint Initiative With Industries To Promote Electric Vehicles In Delhi
The Delhi government is planning to create a joint awareness programme with the government departments and industries to promote electric vehicles (EVs) in the city. The first meeting of the ‘Delhi Electric Vehicle Forum’ was held on Friday with more…
Uber Proclaims Launch 3,000 Electrical Two-Wheeler, Three-Wheelers, And Cabs In 2021
Uber recently introduced its plans to change majorly to completely zero-emission platform by 2040 globally and in India, it has dedicated scaling as much as 3,000 electrical autos throughout two-wheelers, three-wheelers and cabs by the top of 2021. Officers from…
VW’s Hitzinger Says Complexity Of New Cars To Drive Consolidation
The auto industry faces a new wave of consolidation as cars become electric, connected and add highly automated driving functions, Alexander Hitzinger, head of Volkswagen’s Project Artemis said. “There will be consolidation. Not everybody will be able to afford these…
Electric Hypercar Maker Rimac Says SPAC Funding Hype Could Damage Industry
A surge in the use of special purpose acquisition companies (SPAC) for raising money for electric vehicle start-ups could harm the long-term prospects of the industry, Mate Rimac, founder of electric hypercar maker Rimac said. Managers of SPAC companies are…
Stanford Researchers Discuss What Will It Take For India To Become A Major Battery Manufacturer
India is one of only a few countries whose national emissions reduction target is in line with the Paris Agreement’s goal of reducing global warming before Earth’s temperature reaches a dangerous threshold. But to successfully switch from coal to renewable…
Madhya Pradesh Exempts EVs And E-Rickshaw Charging Stations From Tariff Hike
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has determined tariffs for low voltage (LV), high voltage (HV), and extra-high voltage (EHV) consumers in the state in its retail supply tariff order. As per the order, electric vehicles (EV) and electric…
BASF And Eramet Partner To Assess The Development Of A Nickel-Cobalt Refining Complex To Supply Growing Electric Vehicle Market
BASF and Eramet have signed an agreement to jointly assess the development of a state-of-the-art nickel and cobalt hydrometallurgical refining complex. Such a development would include a High-Pressure Acid Leaching (HPAL) plant and a Base Metal Refinery (BMR). The HPAL…
