Japan is evaluating $14 billion in additional investments to promote local production of energy storage batteries, semiconductors and equipment used to make hydrogen, according to ...
Electric-vehicle parts company Proterra, which makes e-buses and battery packs, has filed for Chapter 11 bankruptcy protection. CEO Gareth Joyce said in a statement that the compan...
Gravity-based energy storage solutions provider, Energy Vault announced that the world's first grid-scale gravity energy storage system EVx has entered the first phase of...
Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...
Switzerland has installed six wind turbines in the town of Sainte-Croix along its French border, giving it enough capacity to meet the town's energy needs through renewable sources...
China has reworked power transmission arrangements and ramped up energy storage capacity as it seeks to protect its national grid from a repeat of the outages that hit the nation l...
Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar
German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...
Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh...
Sweden's Vattenfall said it would cease development of a 1.4 gigawatt GW wind farm off the coast of Britain, taking a hit of $537 million on earnings. The Norfolk Boreas offshore w...
Asian governments have become wary of a rise in gas prices and are building infrastructure to increase buffer stocks, a review by Reuters shows. The move follows last year's price ...
Farizon, an electric and hybrid truck manufacturer owned by China's Geely, announced it had raised $600 million from investors led by Boyu Capital and Yuexiu Industrial Fund. The c...
The Volkswagen Group has revealed that it has increased its deliveries of all-electric vehicles (BEVs) by 48 percent year-on-year to 321,600 vehicles in the first half of 2023. Of ...
German automotive technology firm Bosch is marking its entry into the age of hydrogen mobility with the commencement of volume production of its fuel-cell power modules. Nikol...
Southeast Asia's largest automotive hub is gearing up for a China-Japan clash, market analysis shows. Chinese electric vehicle companies are heading into Thailand, and have so far ...
Europe's electric vehicle sector faces a "Chinese storm", Jean-Dominique Senard, Chairman of French automaker Renault, said in an interview, referring to the Middle Kingdom's domin...
Leading manufacturer of energy storage products, Hithium Energy Storage Technologies Co. (Hithium) has closed Series C funding round of over RMB 4.5 billion ($622 million) to advan...
China's BYD will spend $620 million to set up a new, three-complex in the Camacari industrial park in northeastern Brazil, the company announced. BYD's announcement comes on the ba...
The China Petroleum & Chemical Corporation, also known as Sinopec, has started production at its first green hydrogen plant, the Chinese news agency Xinhua said. The plant, loc...
Shipping company AP Moller-Maersk has ordered six mid-size dual-fuel container vessels from China's Yangzijiang Shipbuilding Group. The ships, which can operate on fuel oil and gre...
Chinese EV maker NIO has recently signed a share subscription agreement with CYVN Holdings, an Abu Dhabi government majority-owned investment firm, which will invest ...
The price war in electric vehicles, currently underway in the West, could see powerful new entrants soon: Chinese firms. Saddled with capacity and slowing domestic demand, Chinese ...
Chinese energy storage companies are evaluating big investments in Vietnam, which could total as much as $1.2 billion, according to news agency Reuters, which quoted unidentified g...
China has operationalized the largest coal-linked carbon capture, utilisation and storage (CCUS) facility in Asia, Reuters reports, citing a report on broadcaster China Centr...
Tesla had the top-selling vehicle globally in the first quarter of this year, data from Jato Dynamics shows. The company's Model Y beat Toyota's Corolla sedan and RAV4 compact SUV ...
Tesla Inc. is all set to introduce its 'Megapack' battery energy storage systems (BESS) in the Chinese market, with the brand already enjoying a phenomenal success with its EVs in ...
South Korean automaker Kia Corporation revealed its updated electrification (EV) strategy at the Kia CEO Investor Day event held in Seoul recently. This includes&nbs...
BorgWarner has announced the successful completion of its acquisition of Hubei Surpass Sun Electric's (SSE's) Electric Vehicle Charging Solution, Smart Grid and Smart Ene...
Chinese pure-electric automaker NIO is planning to build its first battery plant to make cylindrical battery cells on its own for its electric cars, according to Reuters' rece...
Chinese H2 module manufacturer LONGi has unveiled new line of alkaline electrolyzers for global markets. The new ALK Hi1 series is claimed to benefit from lower energy co...
China's largest private-owned automotive group Zhejiang Geely Holding Group (Geely Holding) has announced a USD 750 million A-Series fundraising at ZEEKR Intelligent Tech...