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Tag: EV
BYD, once a battery supplier in Shenzhen, now stands at the centre of the global electric vehicle race. In 2024, it overtook Tesla in worldwide EV sales, a symbolic changing...
bp pulse, bp’s global EV charging business, has opened its largest US charging hub, located just two miles from Los Angeles International Airport (LAX). The site features 48 ultrafast DC...
Tesla sealed a $557 million deal on Friday to construct its first grid-scale battery storage station in Shanghai, Yicai reported, bolstering its energy division’s footprint in China. The agreement, signed...
Eni has entered exclusive negotiations with Ares Alternative Credit Management for the sale of a 20% stake in its clean energy arm, Plenitude—marking a potential deal that values the company...
Electric vehicles are on a fast track to capturing more than 40% of the global car market by 2030, according to the International Energy Agency’s (IEA) latest Global EV Outlook....
The International Finance Corporation (IFC), part of the World Bank Group, has committed $100 million to Element Fleet Management Corporation to accelerate the transition to electric vehicles (EVs) in Mexico....
BloombergNEF’s New Energy Outlook 2025 delivers a sharp assessment of how the global energy transition may unfold by mid-century—assuming market forces, not climate mandates, dictate investment. While renewables and electrification...
Britain is rolling back parts of its Zero Emission Vehicle (ZEV) Mandate in a bid to protect its auto industry from the fallout of new 25% tariffs on car imports...
Mercedes-Benz and Factorial Achieve Breakthrough in Solid-State Battery Technology Mercedes-Benz has begun road testing its first electric vehicle (EV) equipped with a lithium-metal solid-state battery, confirming that a 1,000km (620-mile)...
Nikola Corporation, once a beacon of innovation in the electric vehicle (EV) sector, has filed for Chapter 11 bankruptcy protection according to a recent press release issued by the automaker....
Heineken’s Sustainability Progress in 2024 Heineken N.V. (“HEINEKEN”) publishes its combined Financial and Sustainability Annual Report 2024, highlighting broad-based growth, profit expansion, and sustainability impact. The report outlines Heineken’s significant...
Ceer, Saudi Arabia’s first electric vehicle (EV) brand and Original Equipment Manufacturer (OEM), announced 11 new partnerships worth SAR 5.5 billion (USD 1.5 billion) at the 3rd PIF Public Sector...
The American Petroleum Institute (API), representing nearly 600 U.S. oil and natural gas companies, has released a policy wishlist for President-elect Donald Trump’s incoming administration. The platform focuses on reversing...
The European Union’s climate commissioner, Wopke Hoekstra, reiterated the EU’s commitment to ending sales of CO2-emitting cars by 2035 and enforcing stricter CO2 limits for carmakers next year. This comes...
Tesla’s stock surged by 12% in premarket trading Wednesday morning, pushing Tesla’s share price toward a new all-time high, as Donald Trump secured his second term as president. Analysts predict...
Macquarie Group’s Managing Director and CEO, Shemara Wikramanayake, announced the Australian financial services group’s plan to invest £20 billion across its UK portfolio. A key highlight is the support for...
Allianz Partners India and Pulse Energy have announced a strategic partnership aimed at revolutionizing the electric vehicle (EV) ownership experience across India. By combining Allianz Partners’ extensive mobility assistance network...
Key Impact Points: Tesla’s Musk Makes the Case for Sustainable Energy with Trump Tesla CEO Elon Musk engaged in a two-hour conversation with former President Donald Trump, discussing the future...
Heavy-duty electric trucks are now rolling out across Southern California, including Amazon’s first electric trucks in our ocean freight operations. Customers in Southern California may soon begin spotting the newest...
$1.4 billion investment in Indiana plant brings production of an all-new BEV Toyota adds up to 340 new, sustainable U.S. jobs Toyota will prepare for assembly of an all-new, three...
Despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, and almost...
Automotive Cells Company (ACC) announced the closing of a 4.4 billion euro Project Financing for the development of three gigafactories for lithium-ion battery cell production in France, Germany, and Italy. Deutsche...
Key Impact Points: Stellantis Ventures, the corporate venture fund of Stellantis N.V., today announced its participation as a strategic investor in Tiamat, a France-based company that is developing and commercializing...
Key Impact Points: A successful 2023: BMW Group posts record sales, meets ambitious e-mobility growth targets The BMW Group delivered a total of 2,555,341 BMW, MINI and Rolls-Royce vehicles to...
Key Impact Points: Through the issuance of Internationally Transferred Mitigation Outcomes (ITMOs), completed on 20 December 2023, Switzerland and Thailand are the first countries to successfully use the cooperative approach...
Key Impact Points: Caterpillar Inc. announced it has signed an electrification strategic agreement with CRH to advance the deployment of Caterpillar’s zero-exhaust emissions solutions. CRH is the number one aggregates...
Key Impact Points: Etc., the startup and digital incubation arm at BT Group, announced that it will power up its first EV charging unit built from a street cabinet traditionally...
In line with the European Union’s push for a green transition, Volvo Car Corporation and the European Investment Bank (EIB) have signed a €420 million financing agreement in support of the...
Deutsche Bank has announced an increase that doubles its total local capital to IDR 10 trillion (€600 million) for its business in Indonesia. The additional investment will support the bank’s...
Volvo Trucks has delivered eight heavy electric trucks to customers in Brazil, Chile and Uruguay. These orders represent Volvo’s first sales of zero-exhaust emission trucks to Latin America. Volvo Trucks is continuing to enter new...
Rivian Automotive, Inc. and AT&T* have announced that they have signed an agreement for AT&T to purchase Rivian electric vehicles (EVs) for AT&T’s fleet through a pilot program aimed at cutting transport emissions....
As world leaders prepare for the COP28 climate summit in Dubai, it is more important than ever that business goes further than before in terms of climate action. We are announcing...
Additional funding will add approximately 3,000 new jobs Toyota announced a new investment of nearly $8 billion that will add approximately 3,000 jobs at Toyota Battery Manufacturing North Carolina (TBMNC). This brings...
bp announced a deal in which bp pulse, bp’s EV charging business, will acquire ultra-fast charging hardware units from Tesla (NASDAQ: TSLA) for $100 million. The investment will facilitate the...
Lotus Technology Inc., a leading global luxury electric vehicle maker, has released its first annual Environmental, Social, and Governance (“ESG”) Report. The report documents the Company’s ESG strategy and highlights its...
Stellantis N.V. and Leapmotor has announced that Stellantis plans to invest €1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation...
The Volkswagen Group has systematically continued its transformation in the first nine months of 2023. All-electric vehicle deliveries increased by 45 percent to 531,500 vehicles globally, raising the BEV share...
Take a behind-the the-scenes look at how Birmingham became home to a Gigahub™ large enough to charge 180 electric vehicles at the same time What does it take to build...
Starting in January Inflation Reduction Act Provision Will Allow Consumers to Transfer Credit to Car Dealer, Reducing Purchase Price of New and Previously Owned Clean Vehicles at Time of Sale...
A national network of public fast chargers for heavy electric trucks is opening in Sweden. The charging network is powered by renewable energy. A new service from Volvo Trucks makes it...
Sasol, Toyota South Africa Motors (TSAM), and Air Products South Africa (APSA) made history at the Smart Mobility Africa Summit, at the Gallagher Convention Centre, in Johannesburg with the presentation...
A €100/month electric vehicle (EV) leasing scheme is to be introduced in France from November as part of the country’s climate action strategy, French President Emmanuel Macron announced, though only...
One thing I love about ESG is the interconnected nature of the acronym, its ability to pull risks and opportunities across a value chain between companies. One thing I love...
Investment will transform MINI Plant Oxford to an all-electric production site from 2030. Production of two new electrified models – MINI Cooper 3-door and MINI Aceman – will start in...
Through an expanded agreement with Tesla, Hilton today announced that, beginning in early 2024, up to 20,000 Tesla Universal Wall Connectors are slated to be installed at 2,000 hotels in...
bp pulse, The EV Network (EVN), and NEC Group have unveiled the UK’s largest public electric vehicle (EV) charging hub on the NEC Campus in the West Midlands, officially opened...
Decarbonization Partners, a partnership between BlackRock and Temasek focused on investing in next-generation private companies that support the acceleration of decarbonization and the transition to a net-zero economy, has co-led...
The Volkswagen Group has made decisive progress in its four industry-leading technology platforms. It is also tapping into highly attractive additional profit pools as part of its transformation from legacy...
Ride-hailing giant Uber has launched an electric motorbike service in Kenya, its first in Africa. The move is part of the company’s goal of making its global platform emissions free...
The Biden administration announced plans to invest $12 billion in grants and loans to help the auto industry transition to electric vehicles. The funding will be used to support the...
“People have individual abilities, needs and visions. In spite of all of these differences, we still have one thing in common: the future. It is up to us to shape...
Hyundai Motor Group, one of the world’s leading automakers, is investing 527.2 billion won ($397.74 million) to acquire a 5% stake in Korea Zinc, a leading producer of nickel, a...
Mercedes-Benz opens its first high-power charging stations this fall, implementing its far-reaching plans to expand its global charging infrastructure. Starting in October, the first Mercedes-Benz Charging Hubs will go into...
Kia plans to use recycled plastic from a 55-ton haul recently reclaimed from the Pacific Ocean in its new EV models. The record-breaking amount of plastic reclaimed by Kia’s global...
The BMW Group continues to invest in e-component production at Plant Leipzig and in the future of the site. A leasehold contract has now been signed for an area of...
The Toyota Mobility Foundation (TMF), a non-profit Foundation established by Toyota Motor Corporation, will cooperate with the Bali Provincial Government for its Sustainable Mobility Advancing Real Transformation (SMART) @Ubud Program, a 6-month...
Within a year of deploying the first set of electric vehicles (EVs)in India, Maersk is all set to strengthen its EV fleet to over 500 vehicles in 26 cities covering...
Mitra Chem’s proprietary AI platform expected to accelerate GM’s development of affordable batteries in the U.S. General Motors (NYSE: GM) is leading a $60 million Series B financing round in...
Leading global publication partners with Kia to highlight green issues and drive environmental awareness Newsweek, the global media organization, announced the launch of Better Planet, a new content strategy focused on...
Alef Aeronautics receives 2,500 pre-orders for its first in history flying car. Alef Aeronautics, a sustainable mobility company that is designing and developing a flying car, announced today that it...
The global leader in charging solutions brings the latest in EV infrastructure, leveraging T-Mobile’s 5G with American-made materials Peachtree Corners – one of the nation’s first smart cities powered by real-world...
Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable vehicles, published its 2022 ESG ‘DRIVEN BY IMPACT’ Report – detailing its industry-leading efforts...
Vietnam’s electric vehicle market appears poised for rapid expansion in the next decade, but there could be significant headwinds blunting that growth. According to BMI Research, a Fitch Solutions research unit, passenger...
Singapore’s first smart and clean energy-powered service stations have been unveiled. This project was developed following an innovation grant awarded to Singapore renewable energy solutions provider Eigen Energy in March...
bp ventures has made a £4 million investment in Dynamon, a UK-based software company that specializes in developing advanced data analytics and simulation tools for commercial transport and logistics companies....
ProLogium, an energy innovation company specializing in the R&D and manufacturing of next-generation EV solid-state battery solutions has selected France as the location for its first large-scale solid-state battery manufacturing...
BBVA and Wallbox, one of the world’s leading providers of electric vehicle charging and energy management solutions, have signed a €25 million financing agreement, with which the bank intends to...
Following on from the major financial partnership signed in 2019 to support the transition to a sustainable economy via green vehicle development, the European Investment Bank (EIB) and ALD | LeasePlan, the...
But momentum in solar, EVs and heat pumps needs to expand quickly across more countries and to other parts of the energy system to move the world closer to net...
Iberdrola and the Business Association for the Development and Promotion of Electric Mobility (AEDIVE) have signed an agreement to create an alliance for the electrification of heavy road transport in Spain....
MEPs approved new rules on more alternative fuel stations for cars and trucks, simple and easy recharging, and on cleaner maritime fuels. The new rules are part of the “Fit for...
Netherlands-based provider of autonomous charging solutions for electric transport Rocsys BV has signed a €18 million quasi-equity deal with the European Investment Bank (EIB). The agreement will provide Rocsys with financing...
More than 300 new electric vans from Rivian will hit the road in Germany in the coming weeks The state-of-the-art vehicles provide drivers with an entirely new working environment, including...
The Asian Development Bank (ADB) approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric...
bp ventures has invested €7.5 million in the Service4Charger GmbH, a Berlin-based provider for the planning, installation, operation and maintenance of EV charging infrastructure. bp ventures is leading Service4Charger’s €10...
General Motors Co. and Element 25 Limited announced an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to support the annual production of more than 1 million GM...
IFC and First Balfour, a leading engineering and construction company in the Philippines, have agreed to collaborate to ramp up efforts to decarbonize the transport sector, supporting the country’s climate...
The island of Astypalea serves as a future laboratory for smart, sustainable mobility. As part of a joint project of the Volkswagen Group and the Hellenic Republic, it is to...
Ford opened the Cologne Electric Vehicle Center, a hi-tech production facility in Germany that will build Ford’s new generation of electric passenger vehicles for millions of European customers. Ford has...
Complex planned to produce Cathode Active Material (CAM) and Precursor CAM (pCAM) for 360,000 EVs annually General Motors Co. and POSCO Future M announced the second phase of their Ultium CAM...
Hyundai Motor Group and LG Energy Solution announced an EV battery cell manufacturing joint venture in the U.S. today. Hyundai Motor Group and LGES signed a memorandum of understanding to...
To help build a robust EV value chain in Europe while generating hundreds of jobs in Poland, IFC is partnering with SK Hi-Tech Battery Materials Poland sp. z o.o. (SK...
Uber is taking some big strides in its sustainability march and is sharing its efforts towards accelerating the transition to electric vehicles in India. Uber is bringing Uber Green to...
Chinese electric vehicle maker Nio has invested in a startup firm that is developing fusion technologies, according to a source with direct knowledge and a company filing, placing more bets in...
The Biden-Harris Administration announced a $51 million Ride and Drive Electric funding opportunity through President Biden’s Bipartisan Infrastructure Law to accelerate the electrification of the nation’s transportation sector and spur...
South Korea’s Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next 10 years to beef up...
Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car batteries and components to...
The funds will be used to build more than 2,000 charging points in Italy, Spain, France, Austria, Germany, Portugal, Slovenia, and Greece CDP acted as an executive partner of the...
Shell Germany and the Volkswagen Group are jointly driving forward the expansion of the charging infrastructure for electric mobility: On May 4, 2023, the first innovative 150 kW Elli Flexpole...
The charging network will provide battery-electric commercial vehicles access to high-performance, reliable and sustainable charging across the U.S. Daimler Truck North America, LLC, NextEra Energy Resources, LLC and BlackRock Alternatives,...
New tools and resources put consumers in the driver’s seat as they navigate EV ownership Bank of America’s EV Resource Center is a comprehensive collection of resources dedicated to helping consumers...
Vietnamese electric vehicle maker VinFast said on Wednesday it had received a fresh round of funding pledges worth $2.5 billion for its future development, in a move that may signal...
ElevenEs, the pioneer in LFP cathode battery technology, announces the opening of the first industrial facility dedicated to LFP battery cell production in Europe. ElevenEs, backed by EIT InnoEnergy, is...
DHL has created a unique platform, the Era of Sustainable Logistics Global Summit 2023, for logistics and sustainability experts across industries to collaborate, develop innovative solutions, and take yet another...
General Motors Co. and Samsung SDI announced that they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations...
America’s Snack Leader Shares Advancements Towards Its PepsiCo Positive Goals While Advancing its Mission to Create More Smiles and a Brighter Future with Every Bite This Earth Month, Frito-Lay announced...
Australia said on Wednesday it would introduce new standards targeting vehicle emissions to boost the uptake of electric cars, as it looks to catch up with other developed economies. Just...
JLR announced exciting plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility...
The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of increase needed to keep up with the rollout of battery EVs in...
Breakthrough Collaboration with Schneider Marks Critical Step Forward in Reducing Company’s Scope 3 Emissions Frito-Lay North America announces its first-ever third-party shipment on an electric vehicle with Schneider National Inc., a premier...
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