VinFast launches EVs in Indonesia; to establish nationwide charging network

Vietnamese automaker VinFast is debuting the company's first range of right-hand drive electric cars at the on-going Indonesia International Motor Show (IIMS) 2024. The brand'... Read More

M&M evaluates giga factory in India, signs supply agreement for Volkswagen EV platform

Indian auto maker Mahindra & Mahindra (M&M) is considering whether to open a battery plant in India, group CEO and MD Anish Shah told reporters. "We are going to look at… o... Read More

Panasonic to invest in NMG to boost EV battery supply chain in North America

Panasonic Energy has signed a seven-year offtake agreement for the supply of natural graphite with Canada-based Nouveau Monde Graphite Inc. (NMG), a renowned manufacturer... Read More

LG Energy signs second offtake agreement with WesCEF to secure stable supply of lithium

LG Energy Solutions, one of the leading producers of lithium-ion batteries for automotive, IT, and energy storage systems on Wednesday announced that it has sig... Read More

IOC increases holdings in Phinergy to 17%; Move to fortify Phinergy’s telecom backup power biz

Indian Oil Corporation Ltd (IOC), India's state-owned multinational energy company has completed the second round of investment in Israel-based, Phinergy, bringing its holding in t... Read More

Cleantech funding hits record, but falls short of what net zero pathways require

Brookfield's latest fundraise and the record money pumped into the energy transition sector last year show investors have an appetite for cleantech risk. The world needs more of it... Read More

BYD takes aim at US market, evaluating EV plant in Mexico

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe... Read More

ACC PLI: MHI convenes pre-bid meeting for remaining 10GWh of ACC manufacturing

The Ministry of Heavy Industries has successfully concluded a pre-bid meeting for the remaining 10GWh of advanced chemistry cells (ACC) manufacturing capacity under the A... Read More

Li-Cycle bags €6.4 mn govt. grant for its lithium-ion battery recycling facility

Li-Cycle Germany GmbH, a subsidiary of battery recycling firm Li-Cycle Holdings Corp., recently received approval from the State of Saxony-Anhalt for a grant of up to €6.... Read More

Joby set to soar Dubai skyline; Secures six-year exclusive deal to operate air taxis in Dubai

Joby Aviation Inc. (Joby), a California-based developer of all-electric aircraft for commercial passenger service has signed a definitive agreement with the Dubai Road and Transpor... Read More